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Sports
Betting Dictionary
10
Cent Line
The money line difference (10 cents) between what a bettor would
lay with the favorite or take back with the underdog; see Dime Line
20 Cent Line
The money line difference (20 cents) between what a bettor would
lay with the favorite or take back with the underdog
Across The
Board
A method of wagering on a horse to win, place and show
Action
A wager of any kind
Bad Beat
Tough Loss
Beard
Messenger bettor
Buck
$100
Chalk
Favorite
Circled Game
Game where action is limited due to uncertainties about weather,
injuries, etc.
Cover
Win by more than the pointspread
Dead Heat
When two horses finish in a tie
Dime
$1000
Dime Line
Slang used to designate the 10 cent money line. The money line difference
(10 cents) between what a bettor would lay with the favorite or
take back with the underdog; see 10 Cent Line.
Dog
Underdog
Dollar
$100
Double Header
Two separate baseball games played on the same day for the same
two teams
Edge
Advantage
Even Money
A wager on which neither side lays any odds or vigorish
Exotic Bet
Action other than a straight bet or parlay
Exposure
The amount of money one actually stands to lose on a game or race
Favorite
The contestant in any given contest that is considered the most
talented, or has the best chance to win the contest
Final Four
Final four teams in the NCAA basketball tournament
Firing
Betting a lot. A player who is "firing" is wagering large
sums
"Foots"
Slang word used sometimes for football
Futures
Wagers made, or lines/odds posted on an event or outcome taking
place some time in the future, e.g. betting during the season on
the SuperBowl winner.
Get Down
Make a bet
Grand Slam
The four major tennis tournaments: Wimbledon, Australian Open, French
Open, U.S. Open. Also the four major golf tournaments: The Masters,
U.S. Open, British Open, PGA Championship (Professional Golf Association).
Also in baseball, a homerun with the bases loaded, scoring four
runs.
Grand Salami
A slang word for the over/under total for the combined score of
all the hockey contests on the schedule for that day
Halftime
Line
A line on only the first half, or only the second half scoring of
a football or basketball game
Handicapper
One who studies sports and predicts outcomes
Hedge
Bet the opposite of your original wager in order to reduce the amount
of exposure you have on a game
Hook
Half point in pointspreads
"Hoops"
Slang word used to indicate the game of basketball
Home Field
Advantage
Edge the home team is expected to have as a result of familiarity
with the playing area, favorable demographics and effect of travel
on the visiting team
Hoops
Basketball
Hot Tip
Information the bookmaker is not yet privy to
IBF
International Boxing Federation
Juice
Bookmaker's commission, most often refers to the 11 to 10 football
bettors lay on straight wagers. Also known as vigorish.
Lay The Points
A wager on a favorite in a pointspread contest Lay The Price - A
wager on a favorite in a moneyline contest
Limit
Maximum bet accepted by the house before the price will be changed
Line
The moneyline, odds, or pointspread of any given contest
Listed Pitcher
(LP)
The pitcher or pitchers listed by Las Vegas oddsmakers as probable
starting pitchers for a scheduled baseball game
Lock
Easy Winner
Longshot
Large underdog
Middle
To win both sides of a game. For example, if you bet the underdog
+3 1/2 and the favorite -2 1/2 and the favorite wins by 3, you've
middled the book. The book has been middled.
MLB
Major League Baseball
Moneyline
The amount you must bet to win 100 or the amount you win if you
bet 100
MVP
Most Valuable Player. Leagues give MVP Awards to the best regular-season
and to the outstanding player in championship games or series
NBA
National Basketball Association
NCAA
National Collegiate Athletic Association
Neutral Site
Arena, court or field where neither side has a home field advantage
NFL
National Football League
NHL
National Hockey League
Nickel
$500
NIT
National Invitational Tournament
Off The Board
Game where no bets are being accepted
Over/Under
A bet on whether the combined total of the points/goals scored by
the two teams will exceed or be less than a specified number
Overlay
When the odds on a proposition are in favor of the bettor rather
than the house
Overtime
The continuance of a contest that is tied at the end of regulation
time until a winner is determined or the maximum number of overtime
periods have expired
Parlay
A bet with two or more teams where all the teams must win for the
bettor to be successful
Past Post
To make a bet after an event has started
Penny Line
A money line that is adjusted in increments of a penny, or one cent
at a time
Pick or Pick'em
A game where neither team is favored
Player
Bettor, gambler
Pointspread
The handicap, or head start, which the favorite gives to the underdog
for betting purposes
Press
To bet a larger amount than usual
Price
The moneyline odds on the favorite of a given match
"Pucks"
A slang word used to indicate the game of hockey
Puppy
Underdog
Push
A tie between the bettor and the bookmaker that is the result of
the score of an event falling exactly on the pointspread number,
or the total points number
Rain Out
A contest that has been canceled because of bad weather
Round Robin
A series of parlays. A three-team round robin consists of one three-team
parlay and three two-team parlays
Rundown
Line update
Runner
Messenger bettor; see beard
Ryder Cup
A golf tournament between American and European golfers that is
staged every two years
Scalper
One who attempts to profit from the differences in odds from book
to book by betting both sides of the same game at different prices
Score
To win a lot of money
Scratch
Withdraw; cancel
Sharp
Wise guy
Side
To win one side and tie the other. For example, if you lay -2 1/2
and take 3 on the same game and the favorite wins by 3 you have
sided the book. The book has been sided.
Side Bet/Side
Wager
A wager on a particular team, or side, to win a contest
Soft Line
A wagering line that is not current with the true posted line. A
line that has been adjusted or moved as a result of action and does
not reflect the true line as posted.
Spread
An abbreviated form of pointspread
Stanley Cup
NHL Championship
Steam
When a betting line starts to move quite rapidly. Most "steam
games" do not necessarily reflect the "right side",
but are games that the mass of bettors somehow decide to key on
Straight
Bet
A single wager on a selected side or over/under
Sudden Death
An overtime period in which the first contestant to score is declared
the winner of the contest
Super Bowl
NFL Championship game
Take A Price
A wager on the underdog in a moneyline contest
Take The
Points
A wager on the underdog in a pointspread contest
Teaser
A bet on 2 or more teams where the line on each team is adjusted
in the favor of the bettor. Like a Parlay, all selections must be
correct for the teaser to win
The Big Dance
The 64 team, post season college basketball championship tournament
Toss Up
Game where the line is close to pick-em
Total
The line on a given contest, representing the combined number of
points/goals scored by the two teams; see over/under
Tout Service
A business that sells opinions on sporting events
Underdog
The contestant in any given contest that is considered the least
talented, or has the least chance to win the contest
Underlay
When the odds on a proposition are in favor of the house
Value
An overlay
Vigorish
Bookmaker's commission, most often refers to the 11 to 10 football
bettors lay on straight wagers. Also known as juice.
WBA
World Boxing Association
WBC
World Boxing Council
Wise Guy
Established and successful sports bettor
WNBA
Womens National Basketball Association
World Series
MLB championship; The final seven games of the baseball playoffs
between the two league champions to determine the world champion
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