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Sportsbook Glossary - Sports Betting Terms |
In order to help you understand
the different kinds of bets and sports
betting terms we have put together
this comprehensive sportsbook glossary.
Hopefully this will enable you to understand
how to gamble in online sportsbooks.
ACTION - Gamble/Bet
BR - Bankroll
BACK DOOR - Cover bet in waning
moments of game
BAD BEAT - Tough betting loss
BEEF - Dispute over a wager
CHALK - Favorite
CIRCLED GAME - Betting limits
reduced due to weather, injuries, etc.
COVER - Win your bet with the
spread
DIME - $1,000
DOLLAR - $100
EARN - Percentage hold
EXOTIC BET - Any bet other
than a straight bet
EXPOSURE - Amount of money
the sports book stands to lose on a game.
FIGURE - Amount owed by or
to a bookmaker.
FORM - Tabloid used for horse
racing
GET DOWN - Wager on a game
HANDICAPPER - One who studies
sports and predicts the results
HANDLE - Total amount of bets
taken
HEDGE - Bet the opposite of
your wager to reduce your action
HOOK - Equivalent of half point
in the betting spread
HOME FIELD ADVANTAGE - Playing
at home
JUICE - Refers to the 11 to
10 bettors lay on straight wagers; aka vig
LAY A PRICE - Bet a favorite,
lay the points.
LAYOFF - Wager made by one
'book with another to balance his action
LIMIT - Maximum bet accepted
by the book before line is adjusted
LINE - The odds on a game
LOCK - A can't lose bet
MATADOR - A back-door cover |
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MIDDLE - Betting
both sides of the same game with the intention
of winning both bets.
NEUTRAL SITE - Two teams
playing away from home
NICKEL - $500
OFF THE BOARD - No wagers
accepted due to injuries, weather, etc.
OVERLAY - When odds are in
favor of the bettor rather than the house.
PARLAY - Bet with multiple
teams where all must win for the bettor to
win
PAST POST - To make a bet
after an event has started.
PICK - A game with no favorite-an
even match-up
PRICE - Line
PUPPY - Underdog
PUSH - Tie
ROUND ROBIN - A series of
parlays all within the same wager
RUNDOWN - Line or score update
SCALPER - Betting both sides
of a game to earn a profit
SCORE - A big betting win
SHARP - Wise guy
SQUARE - Unsophisticated
gambler.
STEAM - Heavy action on one
side.
STRAIGHT BET - A bet on just
one team.
TAKE A PRICE - Take the points.
TEASER - Similar to a parlay
that adds/subtracts from the original line
TOUT SERVICE - A business
that sells opinions on sporting events.
UNDERLAY - When the odds
on a proposition are in favor of the house.
VALUE - An overlay
VIGORISH - See Juice
WISE GUY - Established and
successful in sports gambling |
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Sportsbook Casino Online Wagering Directory |
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