Sports Betting Glossary

General Terms

Action: A bet or wager.
Against the Spread (ATS): The result of a bet including the point spread.
Bad Beat: A bet that looks like a winner most of the game and loses in the end. Usually by a close score.
Bankroll: The amount of money available for betting.
Beard: A “middle-man” who places a bet for someone else. Also known as “runner”.
Betting Line: The point spread, money line, or total that a bet must cover to win.
Bookmaker: A place where a person can make a wager (also called bookie).
Buck: A bet of $100
Buying Points: A player paying an additional amount to receive half a point or more in his favor on a point spread game.
Chalk: The favorite in a particular game. Opposite of underdog.
Contrarian: A person who “fades the public” or bets “against the grain”. Takes the opposite of the majority of bettors.
Cover: The act of winning a point spread bet.
Dime: A bet of $1000
Dime Line: A line where the “juice” is 10%.
Dog: Also known as “underdog”. The team/player not expected to win the game/match.
Double Bet: A wager for twice the size of one’s usual wager.
Edge: The advantage a bettor has before placing a wager.
Even Money: A wager that pays out exactly the amount you bet. No “juice”.
Exotic: Any wager other than a straight bet or parlay. Sometimes called a “prop bet” .
Exposure: The maximum amount of money a sportsbook stands to lose on a game.
Favorite: The team/player expected to win a game/match.
Field: In “prop bets” the field refers to an accumulation of all the teams or players that are not specifically listed.
First Half Bet: A bet placed only on the first half of the game.
Future Bet: A bet on events that will happen further in the future. Such as who will win a division or a championship well in advance.
Grand Salami: The over/under total for how many points/goals/runs will be scored across all games in a specific league.
Handicapper: A person who studies, researches, and wagers on sporting events.
Handle: The total amount of money wagered on a game.
Hedge: Betting opposite of a previous bet to guarantee winning at least a small amount of money, or cutting losses.
Hook: A half-point in the spread.
In-Play: Bet Bets made after a game started.
Juice: The bookmaker’s commission on a losing bet. Also known as “vigorish” or “vig”.
Laying Points: Betting the favorite by giving up points.
Limit: The most money a sportsbook will take on a single event.
Linemaker: The person who established the betting lines for a sportsbook.
Longshot: A team or horse perceived to be unlikely to win. A large “underdog”.
Middle: When you bet on both sides of a game and have an opportunity to win both bets.
Moneyline: A bet made if a team will win or lose outright with no point spread.
Move the Line: A player pays an additional price to receive half a point or more in his favor on a point spread game.
Nickel: A bet of $500.
Odds: The likelihood of the outcome occurring.
Outlaw Line: The earliest line in sports betting. An overnight line.
Over/Under: Also known as the total. This refers to the total amounts of points/goals/runs that will be scored in a game.
Parlay: A bet with two or more teams in which all teams must win or cover for the bettor to win and receive a higher payout.
Pick’em: When neither team is favored. The spread is a line of 0.
Point Spread: The predicted scoring differential between two opponents set by a sportsbook.
Press: To wager a larger amount than usual.
Prop Bet: A bet on something other than the outcome of a game. Such as passing yards, or points scored by an individual player.
Public Betting %: The percentage of public bettors on a particular bet. Used to “fade the public”.
Puckline: A term for the “spread” in a hockey game. Almost always 1.5.
Puppy: Slang term for “underdog”.
Push: When neither team covers the spread, no one wins the bet and all bets are refunded.
Reverse-Line: Movement Betting line movement that contradicts the public betting percentages. This indicates that “sharp” money is taking the opposite of the public.
ROI “Return On Investment”: A performance measure used to evaluate the efficiency of a bet.
Round Robin: A series of three or more teams in 2-team parlays.
Runline: Same as the “puckline” in hockey, the “runline” refers to baseball. Almost always 1.5 as well.
Runner: A person who places bets for another person. Also known as “beard”.
Scouts: People who wait for what they consider an unusually strong wager.
Sharp: A professional sports bettor.
Sides: The names of the two teams playing. The underdog and the favorite.
Square: A beginner sports bettor. Opposite of a “sharp”.
Steam Move: When a line starts to move rapidly. Usually do to heavy betting on one side.
Taking the Points: Betting an underdog against the spread.
Taking the Price: Betting the underdog and accepting money odds.
Teaser: A type of parlay in which you adjust the point spread or total of each individual play. Results in lower pay off.
Ticket: A sports wager.
Total: The combined amount of runs, points or goals scored by both teams during a game.
Tout: A person who sells their picks or their sports betting expertise to others.
Units: A standard monetary measurement of how much you typically bet.
Vigorish: The bookmaker’s commission on a losing bet. Also known as “vig” or “juice”.
Wager: A bet placed at a sportsbook.
Wiseguy: A well-informed handicapper.

Nascar Terms

Win Outright: The winner of the race.
Pole Position: The most favorable position at the start of a race. Typically on the inside of the front row.
Fastest Lap Time: Quickest time around the track in one lap.
Podium Finish: Placing first, second, or third in the race.
Driver Matchups: Head-to-head results between two racers to see who finishes better.
Prop Bets: A bet on something other than the winner or the race.

Golf Terms

Outright Winner: The golfer who wins the event.
Round Leader: The golfer who leads after a particular round of the event.
Place Betting: Allows individuals to bet on a golfer finishing within the Top 5, Top 10, or Top 20 of an event.
Tournament Group: Betting on which player will achieve the highest placing at the end of the tournament from the group named.
2-Ball & 3-Ball Betting: Betting on which player will achieve the lowest score (from the stated players) over 18 holes.
Ryder Cup: Golf event between USA golfers and European golfers.
Top 3,5,10,25: Betting on a particular player to finish in either the top 3, 5, 10, or 25 at the end of the event.

Boxing Terms

Winner: The fighter who is victorious in the fight.
Method of Victory: How the fighter won the match (TKO, split decision, etc.).
Total Rounds: The amount of rounds in a match.
Prop Bets: A bet on something other than the winner of the match.

  
Tyler currently runs the lineups.com twitter handle, posting various content including betting trends, player trends, and game previews. Tyler is the Lineups.com Swiss army knife, managing our social media as well as research and writing.

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