Action: A bet
BM: Sports wagering bookmaker
BR: Bankroll for your sports wagering
Back Door: A cover that occurs in the waning moments of a game
Bad Beat: Losing under unusual circumstances at sports wagering
Beard: A runner, one who places a bet for another
Beef: A dispute over the outcome of a bet
Bow-wow: An underdog
Chalk: A favorite
Circled Game: A sports wagering contest on which betting limits are reduced (injuries and weather are the primary reasons for games to be circled)
Cover: A pointspread win
Degenerate: A compulsive sports wagering gambler
Dime: $1,000
Dollar: $100
Exotic: Any wager other than a straight bet or parlay (also referred to as a proposition or prop)
Exposure: The maximum amount of money a sports book stands to lose on a game
Figure: Amount owed to or by a sports wagering bookmaker
Form: A tabloid used for horse racing data
Getting Down: Placing a sports wagering bet
Handicapper: A person who studies factors such as statistics, injuries, weather and news to predict the outcome of games
Handle: Total amount of money bet at sports wagering
Hedge: To reduce amount of action by wagering on the opposite side of a previous bet
Hook: A half-point
Juice: Amount of commission kept by the house
Laying a Price: Playing a favorite
Layoff: Money bet by a house with another bookmaker to reduce its liability
Limit: Maximum amount of money accepted for one sports wager
Line: The odds on a game (also referred to as price)
Lock: A surefire winner
Matador: A cover that occurs in the waning moments of a game
Middle: Sports wagering both sides of a game at different prices with the hope of winning both wagers
Mush: A gambler who is bad luck
Nickel: $500
Off the Board: A game on which bookmakers are not accepting wagers
Overlay: A situation in which the odds on a game favour the sports wagering bettors rather than the house
Parlay: One bet ticket written with at least two wagers (all must win for the ticket to cash)
Past Post: Betting after the game has started
Pick'em: A game with no favourite (the straight-up winner also would win bets)
Price: The odds on a certain game
Puppy: The underdog
Push: A tie
Round Robin: A single ticket made up of more than one parlay
Rundown: A list of odds on a particular day's games
Runner: One who places sports wagering bets for another
Scalper: Someone who bets both sides of a game
Score: A big win at sports wagering
Sharp: A sophisticated or professional sports gambler
Square: A novice sports gambler
Steam: Heavy action on one side of a game
Straight Bet: One wager (as opposed to a parlay)
Sucker Bet: Parlays, teasers or exotics (anything bookmakers use to entice squares to bet more)
Taking a Price: Betting an underdog
Tapped out: Broke from sports wagering
Teaser: A sucker bet that allows sports wagering gambler to add and subtract points from posted odds
Underlay: A situation in which the odds on a game favour the house rather than sports wagering gamblers
Value: An overlay
Vigorish: Amount of commission kept by the house (also referred to as juice or vig)
Wise Guy: A professional sports wagering gambler
I hope you found the exact term you were looking for to improve your sports wagering for this concise but comprehensive glossary. If you did not find what you were looking for send me a note by contacting us at info@online-gambling-77.com.
