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Glossary
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Across the board: A method of wagering on a horse to win, place and show.
Action: A live bet or bets.
ATS or "Against the spread": Taking points or laying points.
Beard: A beard is a friend or acquaintance used to place bets as to conceal the true identity of the real bettor.
Brackets: The unofficial betting form for thousands of NCAA Tournament office pools.
Book: An establishment that accepts bets on the outcome of horse racing and sporting events.
Bookmaker/bookie: A person who takes wagers on sporting events.
Buck: A $100 wager.
Buy points: A player pays an additional price to receive half a point or more in his favor on a pointspread game.
Chalk: The favored team or horse.
Chalk player: In sports gambling this person is someone who usually
only plays the favored teams, rarely betting on the underdogs.
Circled game: A game where the limits are lowered, or betting options are restricted, usually due to injuries.
Cover: To beat the pointspread by the required number of points. When you win, you have "covered the spread".
Dead heat: When two or more horses finish in a tie.
Dime: $1,000
Dime line: A line where the juice is 10 percent.
Dog: Underdog.
Dog player: A bettor who mostly plays the underdog.
Dollar: $100
Double action: An "if bet" that is processed if the firt bet wins, ties or cancels.
Double bet: A double bet is a wager for twice the size of one's usual wager; also known as "double pop" or "doubling up."
Edge: A players advantage when it comes to sports betting.
Even money: A wager on which neither side lays any odds or vigorish.
Exotic: Any wager other than a straight bet or parlay, also called a prop or proposition.
Exposure: The maximum amount of money a sportsbook stands to lose on a game.
Favorite: The team expected to win an event. The quoted odds reflect the extent to which the choice is favored.
Fifty cents: $50
Figure: The amount owed to or by a bookmaker.
Final Four: The remaining four teams in the NCAA basketball tournament.
First half bet: A bet placed only on the first half of the game.
Futures: Bets placed on an event or outcome taking place some time in
the future (e.g. betting during the season on the Super Bowl winner).
Getting down: Making a bet.
Grand salami: The grand total of goals scored in all the hockey games of the day. It can be wagered to go over or under.
G.U.M.: Great Unwashed Masses - the public.
Half-a-dollar: $50
Half-time bet: A bet placed only on the second half of the game.
Handicapper: One who studies and rates sporting events.
Handicapping: The attempt to predict the outcome of sporting events.
Handle: The total amount of bets taken.
Hedging: Placing wagers on the opposite side in order to cut losses or guarantee a minimum amount of winnings.
Hook: A half-point.
Hot game: A game which is drawing a lot of action on one side by knowledgeable handicappers.
Juice: The commission the bookie earns.
Laying the points: Betting the favorite by giving up points.
Laying the price: Betting the favorite by laying money odds.
Layoff: Money bet by a house with another bookmaker to reduce its liability.
Limit: The maximum amount a bookmaker will allow you to bet before he changes the odds and/or the points.
Lines: Another word for odds.
Lines: Another word for odds.
Linemaker: The person who establishes the original and subsequent betting lines.
Listed pitchers: A listed pitcher is a baseball bet which will be
placed only if both of the pitchers scheduled to start a game actually
start. If they don't, the bet is cancelled.
Lock: Easy winner.
Longshot: A team or horse perceived to be unlikely to win.
Middle: To win both sides of the same contest in sports betting event.
Wagering on the underdog at one pointspread and the favorite at a
different pointspread and winning both sides.
Moneyline: A wager where no pointspread is involved.
Move the line: A player pays an additional price to receive half a point or more in his favor on a pointspread game.
Nickel: $500
Nickel line: A sports wagering line where the juice is only five percent.
Nickel line: A sports wagering line in which the juice is only five percent.
No action: A wager in which no money is won or lost.
Off the board: A game in which the bookmaker is not offering odds.
One dollar: $100.00 in betting action.
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Trendbetting
Nuetral Zone
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In sports gambling
you win with
Bet On Trends.
Bet Against Trends.
(Nuetral zone teams are
a crap shoot)
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