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sports betting slang

Glossary of common sports betting terms: Parlay, against the spread, money line, football props explained · Money line · Live betting · Prop bet. Dog – Short for underdog, this is the team which bookmakers assume will lose the game. Draw – Also known as a push. If a game falls exactly on. To bet or wager on the outcome of a sporting event, most often within the parameters of agreed upon odds. Handicapper. The entity, person or. JFOREX HISTORY GET BARE MINERALS

Live betting Wagering on a sporting event already in progress, with fluctuating odds in real time. Opening Line The initial odds on a sporting event. As a general rule, the line will move up or down, depending on which side is receiving the most money wagered or an unforeseen change in the matchup injury, suspension, etc. The closing line often differs from the opening line, as a result.

The betting line on the total number of points or goals scored in a sporting event, with action taken on whether there will be more the over or fewer the under points or goals scored. Parlay A series of bets in which the original stake plus winnings are wagered on successive bets.

In most cases, all bets must win in order to pay out. To make it easy, try a parlay calculator. Prop Bet A proposition or exotic bet, sometimes only tangentially related to the sporting event. In which case, the house usually wins. Limit — The maximum allowed wager on a single bet. Lock — A large favorite. Long Shot — A large underdog. Moneyline bet — A bet made if a team will win or lose outright with no point spread. No Action — A game that is no longer taking bets and all wagers are refunded.

Getty Images Oddsmaker Linemaker — Someone who sets the opening line on a game. Off the Board — A game bettors can not wager on. Over — The combined score of two teams is more than what the sportsbook set. The more games, the higher the risk but the greater the payout. In order for the parlay to win, each game must win or push tie. If any of the games lose, the entire wager loses.

Point spread — Margin of victory set by oddsmakers to attract bets action on both the favorite and the underdog. A favorite must win by a number higher than the point spread to cover the spread. Puckline — Hockey has a point spread of Proposition bets prop — A bet on anything that is not directly tied to the outcome of the game.

For example, it can be the first team or the first player to score in a game. Push — When neither team covers the spread the actual margin of victory lands exactly on the spread , no one wins the bet and all wagers are refunded. Runline — Baseball has a point spread of Steam — A quick change on a line due to heavy wagering. Taking the points — Betting an underdog against the spread. Teaser — Similar to spreads, teasers are favored towards the bettor but have a lower payout.

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Laying the Price — To bet the favorite by laying moneyline odds. Limit — The maximum wager accepted by the sportsbook on a particular line offering. Line — The current odds or point spread offered on a particular game. Linesmaker Oddsmaker — A person who subjectively establishes the probability of one team defeating another and by how many points. A person who creates the line or point spread. Long shot — A team that is unlikely to win.

Moneyline bet — A bet on the straight-up winner of a game, underdog or favorite. Off the board — A game in which the sportsbook is not accepting any wagers. Overlay — The odds of a particular wagering proposition are higher than they should be. Parlay — When you combine straight bets to increase payout. All selections must win for the bet to win. Pick 'em — Neither team is favored, meaning the game is considered a toss-up for betting purposes.

Price — Line or odds Prop bet — A wager on a specific event happening or not happening in a game. Eg: Will Player X record a touchdown? Half ball handicap The term refers to soccer wagering odds where the point spread is 0. Middle Buying tickets for a wager on both sides. Odds shopping Odds shopping is the process of comparing the odds offered by various sportsbooks to obtain the best value.

Spread betting Choosing to take or lay points while speculating on a contest. To be declared the winner, the Rams must beat the Giants by a margin of at least eight points. When betting on favorites, bettors cover the spread and take it when betting on underdogs. Our Top-picked gambling slang losing your savings, going bankrupt, or going broke. Cooler A person who is supposed to bring bad fortune. Juice A different term for the commission on wagers that the casino or sportsbook charges.

Lock A bet that is so heavily favored that it is regarded as a foregone conclusion. Punter A player. Punter frequently suggests that the bettors are amateur gamblers rather than professionals. Square A novice gambler who just occasionally plays. Steam A betting line rises because many bets are being placed on it.

This can occur when the majority of the general population is betting the same way, but it can also occur when a coordinated group of experts is taking full advantage of a poor line.

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