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Glossary of Bookies Terminology
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10 Cent Line |
The money line difference (10 cents) between what a bettor would lay with the
favorite or take back with the underdog; also called "Dime Line"; related - "20 Cent Line" |
Across the Board |
A method of wagering on a horse to win, place and show |
Action |
A wager of any kind |
Bad Beat |
Tough loss |
Beard |
Messenger bettor |
Buck |
$100 |
Chalk |
Favorite |
Circled Game |
A game where action is limited due to uncertainties about injuries, weather, etc. |
Cover |
Win by more than the pointspread |
Dead Heat |
When two horses finish in a tie |
Dime |
$1000 |
Dime Line |
Slang used to designate the 10 cent money line. The money line difference
(10 cents) between what a bettor would lay with the favorite or take back with the underdog; also called "10 Cent Line" |
Dog |
Underdog |
Dollar |
$100 |
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Edge |
Advantage |
Even Money |
A wager on which neither side lays any odds or vigorish |
Exotic Bet |
Action other than a straight bet or parlay |
Exposure |
The amount of money one actually stands to lose on a game or race |
Favorite |
The contestant in any given contest that is considered the most talented, or has the best chance to win the contest |
Final Four |
Final four teams in the NCAA basketball tournament |
Firing |
Betting a lot; a player who is "firing" is wagering large sums |
Foots |
Football |
Futures |
Wagers made, or lines/odds posted on an event or outcome taking place some time in the future, e.g. betting during the season on the SuperBowl winner |
Get Down |
Make a bet |
Grand Slam |
The four major tennis tournaments: Wimbledon, Australian Open, French Open, U.S. Open. Also the four major golf tournaments: The Masters, U.S. Open, British Open, PGA Championship. Also in baseball, a homerun with the bases loaded, scoring four runs. |
Grand Salami |
A slang word for the over/under total for the combined score of all the hockey contests on the schedule for that day |
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Halftime Line |
A line on only the first half, or only the second half scoring of a football or basketball game |
Handicapper |
One who studies sports and predicts outcomes |
Hedge |
Bet the opposite of your original wager in order to reduce the amount of exposure you have on a game |
Hook |
Half point in pointspreads |
Hoops |
Basketball |
Home Field Advantage |
Edge the home team is expected to have as a result of familiarity with the playing area, favorable demographics and effect of travel on the visiting team |
Hot Tip |
Information the bookmaker is not yet aware of |
Juice |
Bookmaker's commission, most often refers to the 11 to 10 football bettors lay on straight wagers; also called "Vigorish" |
Lay the Points |
A wager on a favorite in a pointspread contest |
Lay The Price |
A wager on a favorite in a moneyline contest |
Limit |
Maximum bet accepted by the house before the price will be changed |
Line |
The moneyline, odds, or pointspread of any given contest |
Listed Pitcher (LP) |
The pitcher or pitchers listed by Las Vegas oddsmakers as probable starting pitchers for a scheduled baseball game |
Lock |
Easy winner |
Longshot |
Large underdog |
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Middle |
To win both sides of a game; for example, if you bet the underdog +3 1/2 and the favorite -2 1/2 and the favorite wins by 3, you've middled the book; the book has been "Middled" |
Moneyline |
The amount you must bet to win 100 or the amount you win if you bet 100 |
Neutral Site |
Arena, court or field where neither side has a home field advantage |
Nickel |
$500 |
Off The Board |
Game where no bets are being accepted |
Over/Under |
A bet on whether the combined total of the points/goals scored by the two teams will exceed or be less than a specified number |
Overlay |
When the odds on a proposition are in favor of the bettor rather than the house |
Parlay |
A bet with two or more teams where all the teams must win for the bettor to be successful |
Past Post |
To make a bet after an event has started |
Penny Line |
A money line that is adjusted in increments of a penny, or one cent at a time |
Pick or Pick'em |
A game where neither team is favored |
Player |
Bettor, gambler |
Pointspread |
The handicap, or head start, which the favorite gives to the underdog for betting purposes |
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Press |
To bet a larger amount than usual |
Price |
The moneyline odds on the favorite of a given match |
Pucks |
Hockey |
Puppy |
Underdog |
Push |
A tie between the bettor and the bookmaker that is the result of the score of an event falling exactly on the pointspread number, or the total points number |
Rain Out |
A contest that has been canceled because of bad weather |
Round Robin |
A series of parlays. A three-team round robin consists of one three-team parlay and three two-team parlays |
Rundown |
Line update |
Runner |
Messenger bettor; also called "Beard" |
Scalper |
One who attempts to profit from the differences in odds from book to book by betting both sides of the same game at different prices |
Score |
To win a lot of money |
Scratch |
Withdraw; cancel |
Sharp |
Wise guy |
Side |
To win one side and tie the other; for example, if you lay -2 1/2 and take 3 on the same game and the favorite wins by 3 you have sided the book; the book has been "Sided" |
Side Bet/Side Wager |
A wager on a particular team, or side, to win a contest |
Soft Line |
A wagering line that is not current with the true posted line; a line that has been adjusted or moved as a result of action and does not reflect the true line as posted |
Spread |
An abbreviated form of "Pointspread" |
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Steam |
When a betting line starts to move quite rapidly; most "Steam Games" do not necessarily reflect the "right side", but are games that the mass of bettors somehow decide to key on |
Straight Bet |
A single wager on a selected side or over/under |
Sudden Death |
An overtime period in which the first contestant to score is declared the winner of the contest |
Take a Price |
A wager on the underdog in a moneyline contest |
Take the Points |
A wager on the underdog in a pointspread contest |
Teaser |
A bet on 2 or more teams where the line on each team is adjusted in the favor of the bettor; like a Parlay, all selections must be correct for the teaser to win |
The Big Dance |
The 64 team, post season college basketball championship tournament |
Toss Up |
Game where the line is close to pick-em |
Total |
The line on a given contest, representing the combined number of points/goals scored by the two teams; see "Over/Under" |
Tout Service |
A business that sells opinions on sporting events |
Underdog |
The contestant in any given contest that is considered the least talented, or has the least chance to win the contest |
Underlay |
When the odds on a proposition are in favor of the house |
Value |
An overlay |
Vigorish |
Bookmaker's commission, most often refers to the 11 to 10 football bettors lay on straight wagers; also called "Juice" |
Wise Guy |
Established and successful sports bettor |
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