Sports Betting Glossary

Void Bet — When a stake is returned for a number of reasons, where no winnings are won and nothing is lost, essentially with the bet being cancelled. D Double — When two matches are selected into one overall bet, with both predicted outcomes having to be successful in order for overall bet to win. Hot game - Sports betting term for a game that is drawing a lot of action on one side by knowledgeable handicappers. Simple abbreviations:

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Outright Odds

The quoted odds reflect the extent to which the choice is favored. Figure - For sports betting, Figure is the amount owed to or by a bookmaker. First half bet - In sports betting this is a bet placed only on the first half of the game.

Gamble- To risk money on the outcome of an event. Getting Down - Sports wagering meaning making a bet. Grand Salami - A sports betting term meaning the grand total of goals scored in all the hockey games of the day. Half time bet - In sports betting this is a bet placed only on the second half of the game. Handicapping - In sports gambling this is the attempt to predict the outcome of sporting events. Handle - A sports wagering term that means the total amount of bets taken.

Hedging - A sports betting term that means placing wagers on the opposite side in order to cut losses or guarantee a minimum amount of winnings. Hook - In sports betting a Hook is a half point added to football and basketball betting lines.

Hot game - Sports betting term for a game that is drawing a lot of action on one side by knowledgeable handicappers. Juice - The bookmaker's commission on a losing bet, also known as "vigorish. Laying the price - In sports wagering, laying the price means betting the favorite by laying money odds. Layoff - sports betting term for money bet by a house with another bookmaker to reduce its liability.

Line - In sports betting, the current odds or point spread on a particular event. Linemaker - In the sports betting industry this is the person who establishes the original and subsequent betting lines. Listed Pitchers - In sports gambling a listed pitcher is a baseball bet which will be placed only if both of the pitchers scheduled to start a game actually start. If they don't, the bet is cancelled.

Longshot - In sports wagering this is a team or horse perceived to be unlikely to win. Middle - To win both sides of the same contest in sports betting event.

Wagering on the underdog at one point spread and the favorite at a different point spread and winning both sides. Money line - odds expressed in terms of money. Move the line - A player pays an additional price to receive half a point or more in his favor on a point spread game. No action - A wager in sports betting in which no money is lost nor won. Odds- The likelihood of the outcome occurring, stated in numbers form.

Off the board - In sports betting this is a game on which the bookmaker will not accept action. Opening Line- The earliest line posted for a particular sporting event. Outlaw Line - Term for the earliest line in sports betting. This is an overnight line that only a handful of players are allowed to bet into. Over - In sports gambling the "over" is a sports bet in which the bettor guesses that the combined point total of two teams will be above a specified total. Parlay - In sports wagering, a bet with two or more teams in which all teams must win or cover for the bettor to win and receive higher payouts.

Pick 'em - When neither team is favored. Also called a "pick" in sports betting terms. Point spread - In sports betting this is the predicted scoring differential between two opponents as quoted by a sports book. Power Ratings- The strength of a team in comparison to another team. Press - In sports betting this means to wager a larger amount than usual. Price - Sports betting term for the odds or point spread.

Prop Proposition Bet - In sports gambling this is a special wager offered by the sports book on unique and various topics. These wagers can be on sporting events, politics, and even trial outcomes. The wagers use the money line format of pay off odds and might included who scores the first touchdown in the super bowl, who will win the next presidential election, or whether or not O. Puckline - A puckline for sports wagering is giving odds of a goal spread instead of using a Canadian Line in hockey, where both a goal spread and money line are played.

Puppy - The underdog in an event. Push - When the contest ends with no winner or loser for wagering purposes. Round Robin - In sports betting this a series of three or more teams in 2-team parlays. Run down - In sports gambling this is all the lines for an specific date, sport, time, etc.

Run line - In baseball a spread used instead of the money line. Runner - One who places bets for another when it comes to sports betting. Scouts - person s who waits for what he thinks is an unusually strong wager. You can use this approach on races, matches and events that you know virtually nothing about. No risk Matched Betting is the process of locking in risk free profits from bookmaker promotions.

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Subscribe For Free Lessons. Best Odds Guaranteed — a bookie will pay you at higher odds if the Horse goes off SP higher than you backed it at. Refund has been triggered, or FB had been hit, — often accompanied by a colourful picture. Expected Value — usually Casino offer related, when an offer is not Risk-Free.

Matched Betting — or Matchbook in the context of an exchange. Non-Runner No Bet a promotion sometimes offered on an Ante-Post betting market, usually only big race meetings — where if your selection becomes a non-runner, the bet will be voided.