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Sportsbetting Terms



Action - 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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