ACTION – any kind of bet
ADDED GAME – game not part of regular rotation
AFC – American Football Conference
ATS – “Against the spread,” taking points rather than betting with the spread and laying points.
BET – Any wager.
BEARD – A friend who is used to place bets as to concealthe identity of the real bettor.
BOOK – establishment that accepts wagers on the outcomeof sporting events
BOOKIE – person who accepts sports wagers
BUCK – $100 wager
BUY – player pays an additional price to receive halfa point or more in his favor on a pointspreadgame.
CHALK – favorite
CHALK PLAYER – Someone who usually only plays the favoredteams
CIRCLED GAME – game in which the betting action isreduced
COVER – When a favorite wins by more than the requirednumber of points
DIME – $1000.00
DOG – The team perceived to be most likely to lose.
DOG PLAYER – One who mostly plays the underdog
DOLLAR – $100
DOUBLE BET – wager for twice the size of one’s usualwager
DOUBLE HEADER – Two separate games playedby thesameteams on the same day
EDGE – Advantage over the other team
EVEN MONEY – bet whose odds are 1/1
EXACTA – player must select the two first horses on arace to come in 1st and 2nd places in exact order.
EXOTIC WAGER – bet posted for customer accommodation such as first half, second half, futures, runlinesormoney line wagers.
HALF A DOLLAR – $50.00
HALF TIME BET – bet placed only on the second half ofthe game.
HANDICAPPER – One who studies, rates and wagers onsportingevents and/or races
HANDLE – Total amount of bets taken
HOME TEAM – The team playing in its own town
HOOK – half point added to football betting lines
HOT GAME – game which is drawing a lot of action
LAYING THE PRICE – Betting the favorite by laying money odds
LIMIT – maximum amount a bookmaker will allow you tobet before he changes the odds and/or the points
LINE – current odds or point spread on a contest
MIDDLE – To win both sides of the same contest.
MONEY LINE – Odds expressed in terms of money. With money odds, whenever there is a minus (-) you lay that amount to win a hundred dollars, where there is a plus (+) you get that amount for every hundred dollars wagered.
MOVE THE LINE – player pays an additional price toreceivehalf a point or more in his favor on a point spread game.
MVP – Most Valuable Player. An award given to thebestregular-season players and to the outstanding playerin championshipgames or series.
NFC – National Football Conference
NFL – National Football League
NICKEL – $500.00
NICKEL LINE – line where the juice is 5%
OFF THE BOARD – game on which the bookmaker will not accept action
ONE – $100.00
OVER – sports bet in which the bettor guesses that thecombined point total of two teams will be above a specifiedtotal
PARLAY – sport bet with two or more teams in which all teams must win or cover for the bettor towin and receive higher payouts
PICK ‘EM – When neither team is favored
POINT SPREAD – The predicted scoring differential betweentwo opponents as quoted by a sports book
POSTPONED – contest cancelled for any reason andrescheduledat a later date
PRICE – odds or point spread
PUSH – When the contest ends with no winner orloserfor wagering purposes
SIDES – names of the two teams playing: the underdog and the favorite.
SPREAD – predicted scoring differential between two opponentsas quoted by a sports book.
STRAIGHT BET – bet on just one team
SUPERBOWL – Winners of the AFC and NFC meet to determinethe NFL Champion
TAKING THE POINTS – Betting the underdog and its advantage in the point spread
TICKET – wager
TIE – bet in which no money is lost nor won
TOTAL – The combined amount of runs, points or goalsscored by both teams during the game
TOUT – Someone who sells their expertise on sportswagering
UNDER – sports bet in which the bettor guesses that the total points scored by two teams will beunder a certain figure
UNDERDOG – team perceived to be most likely to lose
VALUE – Getting the best odds on a betting proposition; the highest possible edge
Pick one team that will win, straight bets involve who will win the game
This is where you pick who is going to win, plus you have to know how many points that they are going to win by, sometimes this will include a point for each team.
This is where you bet on who is going to win the game, and both good and bad teams have odds in this type of bet.
Based on certain numbers, like 34 or 17, bets are taken on which two teams are going to score points that equal this number, or sometimes bets are taken on a game where one team scores a certain amount of points that you bet on.
This is a bet where you bet on a certain number of events happening, like touchdowns, returns, field goals, interceptions etc. The higher the number of the events that you guess and bet on the more money you are going to win.
This is where you are going to bet on the point spread, but with a few points given either way on either team. Adding points to your teams spread gives you a better chance of winning.
This is a bet that is taken at the beginning of the season before certain games are played. The odds you take at the beginning of the season could be changed later on so you have better odds when you know the teams and the players that you are betting on before the season starts.