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WAGERING LINGO
ACROSS THE BOARD
Betting on horses to come in either first, second or third.
ACTION
A wager of any kind, determined as a live bet.
APPRENTICE
Is an inexperienced horse jockey that has not be riding for a certain time frame. Usually one year.
ATS
Meaning - Against the Spread.
BAD BEAT
A betting loss that is sometimes characterized by bad luck.
BEARD
A contact that places bets for another, so bookmakers will not know the identity of the person (s) placing bets.
BEYER NUMBER
A handicapping tool used in horseracing which sets a numerical value to each race with final time etc.
BOARD
Where all games are listed with odds, pools and other pertinent betting information.
BOOK
An establishment that accepts wagers on the outcome of sporting events.
BOOKIE
Person who takes clients' bets.
B.R. - Bankroll
Total amount available of your sports betting monies.
BOX
A combination bet.
BREEDER'S CUP
One of the three Triple Crown races consisting of seven horses.
BUCK
A $100 wager. >
CALL
The position of horses running in a race.
CANADIAN LINE
A combo point line and moneyline in hockey.
CHALK
A favorite to bettors.
CHALK PLAYER
A bettor that only usually bets on favorites.
CIRCLE GAME
Wagering action is limited due to unforeseen circumstances, such as weather, injuries etc.
COVER
Known as "covered the spread" - which is to win a game by the expected points.
D. C.- Defensive Coordinator
Coaching Position on a football team
DAILY DOUBLE
Betting type where you select winners of two horse races back to back.
DEAD HEAT
A horse race that ends in a tie between two or more horses.
DIME
A $1,000 wager.
DOG
The underdog team.
DOG PLAYER
An underdog wagerer.
DOLLAR BET
A wager of $100.
EDGE
A bettors advantage over another team, player etc.
ENTRY
A term in horse racing where two or more horses with common ownership are paired asa single betting unit in a specific race.
EVEN MONEY
A bet in which has no vigorish or juice is laid.
EXACTA
Where the first two horses in the selected race must finish in that order.
EXOTIC WAGER
Any wager other than a straight bet..teaser, parlay, round robin, if bets etc.
FALSE FAVORITE
An outclassed horse that is still the favorite in a race.
FAVORITE
The entry expected to win at an event.
FIELD HORSE
Two or more starters.
FIGURE
Monies owed or to be paid by a bookmaker.
FIN
A 50 dollar bet.
FINAL 4
The final winning team in a NCAA basketball tournament out of four teams.
FRACTIONS
Time intermittents in a race.
FURLONG
Measurement of a mile meaning one eigth.
FUTURES
Odds posted on winners for in advance of the future event.
GETTING DOWN
Placing a wager.
HANDICAPPER
One who studies, rates and wagers on sports events and races.
HANDLE
Total amounts of bets taken.
HEDGE
Usually used to reduce risk or lock in profit where a bet takes the opposite side or the original position.
HOLDING YOUR OWN
Breaking even on your bets.
HOME FIELD ADVANTAGE
A team playing from their home field and having the advantage of doing so.
HOOPS
Slang for basketball .
HOT GAME
A game in which bettors are drawing a lot of action.
IF BETS
A combination from 2 to 5 straight bets join by a condition.
INQUIRY
In case of possible rules being broken, the game or race is reviewed by officials.
ITW
Intertrack wagering
JUICE
Sportsbook commission in online wagering.
JUVENILE
A two-year-old horse.
LAY A PRICE
To wager on a favorite.
LAYING THE POINTS
Betting on the favorite pick.
LINE
A particular event's pointspread or odds.
LINEMAKER
Original and subsequent betting lines are set by this person.
LOCK
Cannot lose because they are a sure or easy winner.
LY
Last Year
L2Y
Last two years .
MIDDLE
To win both sides of the same betting proposition; betting the favorite team at -1.5 with one bookmaker and then taking +3.5 with another bookmarker.
MLB
Major League Baseball
MONEY LINE
Odds expressed in terms of money - The amount you must bet on a favorite to win.
MUTUEL
Price paid on a winning pari-mutuel wager
MUTUEL POOL
A race's total of bets.
MVP
Most Valuable Player.
NBA
National Basketball Association
NCAA
National Collegiate Athletic Association
NEWSPAPER LINE
The betting line which is posted in the daily newspapers.
NFL
National Football League
NHL
National Hockey League
NL
No Line
ODDSMAKER
Sets the betting lines, same as linesmaker.
OFF THE BOARD
A game that has already started and will no longer be accepting wagers.
ON THE NOSE
A wager on a horse to come first place only.
OTB
Off-track betting.
OUT
Illegal bookmaker.
OVER/UNDER
A wager for the total score by both teams will more or less than the total posted by the sports book.
OVERLAY
The online sportsbook is not considered to be in the lead, the wagerer is.
PARLAY
Options to win more money with a type of bet in which you wager on the combination of 2 to 8 group teams.
PARLAY CARDS
Wagers on a minimum of 3 and up to 15 propositions; the more you pick, the higher the payoff..
PAST POST
An event that is past the post time or start time where bettors try to make a bet.
PHOTO
A close race that required a picture to show the first place.
PICK NUMBER
A type of multi-race bet in which the winners of all the included races are wagered.
PLACE
Horse race wager in order for a horse to come in second place.
PLACE BET
A wager on a horserace where the horse is to come in first or second.
POINTSPREAD
The line or head start that the favorite gives to the underdog for betting.
POST POSITION
The specific number given to a horse in a race.
PPG
Points per Game
PRESS
A large sum of money in a bet.
PRICE
The pointspread or lines in an event to be bet on.
PUPPY
The underdog in an event.
PUSH
A tie in a sports event where no one wins.
ROUND ROBIN
A Type of a parlay bet.
RUNDOWN
A list of all money lines, totals and odds for a sports event being bet on.
RUN LINE
A baseball wagering bet line.
SCALPER
A form of a bet where a bettor bets both sides in a game taking advantage of the line to secure their profit.
SCOUT
An individual that studies team plays and reports statistics to the handicapper.
SCRATCH
To withdraw from a race.
SHARP
Considered to be a wise guy in bets.
SHOW
To bet on a specific horse to come in third.
SINGLE
A straight bet placed.
SPECIAL TEASER
A type of bet that is a teaser where you choose more teams and more points the more teams chosen , the more points are credited per team. A player can pick from 2 to 4 teams. All teams must cover spread to win the teaser.
SPREAD
The pointspread in a sporting event.
SQUARE
An unexperienced and not very sophisticated gambler.
STANLEY CUP
The Cup in championship hockey playoffs.
STEAM
Heavy action on one side of the game. Games that have steam don't necessarily reflect the right side.
STORE
Otherwise known as a bookmaker.
STRAIGHT BET
An individual basic bet on a specific team or player.
SUCKER BET
When there is a large sports book edge and a bet is still made.
TAKING
An underdog wager.
TAPPED OUT
No longer able to wager because of no monies.
TEASERS
A specialized parlay wager that improves the point spread.
TOTALS
Laying a bet on whether the totals of a score or game will either go over or under an expected number.
TOUT SERVICE
A company that sells its sports betting predictions to bettors.
UNDERDOG
Odds against the team or individual that is expected to lose.
UNDERLAY
The online sports book is considered to be the favorite in a wager.
VALUE
A very high edge.
VEGAS TEASERS
This teaser combines the rules of a special teaser and a parlay. That more teams chosen, the better the payout . All teams most cover the spread to win the bet.
VIG'/VIGORISH
The commission or juice paid to sportsbooks.
WAGER LIMIT
The amount to wager set by the sportsbook.
WIN
To bet on a horse to come in first place.
WOOD
The price of a heavy favorite or laying points.
WORLD SERIES
The Championship of Major League Baseball.
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