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Sportsbetting TermsAction - the amount of money wagered by a player. Added Game - a game that is not part of the regular Vegas rotation of games. ATS - against the spread. Beard - a third party used to place bets so the real identity of the bettor is hidden. Book - a sportsbook. Bookie - a person who accepts bets. Buck - in sportsbetting, a $100 wager. Buy - to buy points means paying an additonal amount to get a more favourable spread. Canadian Line - a combination point spread and money line in hockey. Cover - a pointspread win. Dime - in sportsbetting, a $1000 wager. Dime Line - a line where the juice is 10%. Dog - the underdog in a sporting event. Dollar - in sportsbetting, another name for a $100 wager. Double Action - a bet that is only processed if a preceding bet wis, ties or cancels. Even Money - a bet whose odds are 1/1. Exotic - any wager other than a straight bet or parlay and also known as a proposition (prop). Exposure - maximum amount a sportsbook stands to ose on a sporting event. First half Bet - a bet made on on the first half of a game. Future - a bet where the odds are placed in advance on the winners of a sporting event. Getting Down - to make a sports bet. Half Time Bet - a bet made on on the first half of a game. Handicapper - a person who studies, rates and then bets on sporting events. Handle - the total amount of bets taken. Hedging - to place a wager on the opposite side to minimise a loss or guarantee a minimum amount of winnings. Hook - a half point added to football and basketball betting lines. Juice - the bookmaker's commission on a losing bet, and also known as vigorish. Layoff - a bet by a bookmaker with another bookmaker to reduce their exposure. Limit - the maximum a person is allowed to bet before they change the odds and/or points. Line - the current odds or point spread for each sporting event. Longshot - wagering on a team that is not likely to win. Money Line - odds expressed in monetary terms. Nickel - in sportsbetting, another name for a $500 wager. Off The Board - a game or event that a boomaker won't accept bets for. One Dollar - in sportsbetting, another name for a $100 wager. Outlaw Line - the earliest line and usually only available to a small number of bettors. Parlay - a bet with two or more teams where all teams must win or cover in order for the bettor to win. Point Spread - the predicted difference in scores between two teams. Proposition - also known as a prop. A special wager offer on unique events rather than a game or other sporting event. Push - a bet where there is neither a winner or loser for the purposes of the bet. Run Line - a spread rather than a money line in baseball. Runner - a person who places bets on behalf of another person. Sharp - a person who is considered a professional gambler. Sides - the names of the team playing. Single Action - an if bet that is only processed if the precedent bet wins. Steam - when a line starts moving quickly. Straight bet - a simple bet on one team. Taking The Points - betting on the underdog and the associated point spread advantage. Taking The Price - betting on the underdog and accepting the money odds. Teaser - a special type of parlay where you can adjust the point spread in return for lower payoff odds. Tie - when the teams' scores are equal to the number of points in the line and no money is won or lost. Under - a wager where the bettor estimates the total points scored by the two teams will be under a certain figure. Underdog - the team most likely to lose a game. Vigorish - the bookmaker's commission on a losing bet, and also known as juice. Wise Guy - an experienced and knowledgeable bettor. |
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