![]() Handicapper: One who studies sports and predicts outcomes of teams and players. Some sportsbooks may offer a similar bet for runs in Major League Baseball but this is mostly used in hockey. Some sportsbooks may offer alternate versions for home, away, or periods of games during the day. Grand Salami: A popular NHL wager where bettors handicap the total number of goals scored in all games for one day. Example – bettors often choose a team to win the World Series or Super Bowl and receive higher payouts based on the numbers from the oddsmakers depending on how far out the event is. Odds are listed in fraction form (1/10) instead of as a moneyline (-100).įutures: Wagers where bettors can invest in the future outcome of a team to win a particular event, even if it isn't in the near future. A player who is "firing" is wagering large sumsįractional Odds: Not used commonly in the United States. In football and basketball, the favorite gives points while in moneyline sports, the favorite has to lay a higher price in order to cash a ticket.įiring: Betting a lot. Can be listed under prop bets in sportsbooks.Įxposure: The amount of money the house actually stands to lose on a game or a race.Įxtension: The amount of money the house theoretically will risk losing on a game or a race.įavorite: The team in a sports betting matchup that is expected to win. A $100 wager will win $100, while normal wagers would make bettors lay $110 to win $100.Įxotic Bet: Action other than a straight bet or parlay, often unusual bets you won't see in many places. Often used in football, bettors will buy 'on' or 'off' key numbers to avoid losing by a point or two.Ĭhalk: Favorite in a game by a large marginĬhalk Eater:Bettor who is known for betting on the favorites consistentlyĬhurn: The effect of betting and rebetting money, similar to ArbitrageĬircle Game: Game where action is limited due to uncertainties about weather, injuries, etcĭog: Abbreviation for Underdog, team expected to lose the gameĭraw: A tie, used often in Soccer and sometimes in Boxing or Mixed Martial ArtsĮven Money: When a selection has no juice or vig involved. The hope is to guarantee getting money back regardless of the outcome.īankroll: The total amount of money a bettor can spend on a betting app.īeard: Messenger bettor, used at brick and mortar casinos and sportsbooks if the real bettor wishes to remain anonymous.īetting Trends: Stats that show the total amount of money wagered on a gameīuying Points: Paying additional money to move the point-spread in a direction of your preference. These provide bettors more options to wager on certain games.Īrbitrage: Savvy bettors who try to scalp the market by playing both sides of a particular matchup, with hopes of cashing a middle. In pro baseball, it's likely Game 2 of an unscheduled double-header from a rainout.Īlternate lines: Some sportsbooks may offer different (or alternate) point spreads that pay different odds for the same game. 'Added Games' are often make-up or rescheduled games that were expected to be played on a previous date. SPORTS BETTING RESOURCES AND TERMSĪdded Game: A matchup that is not part of the daily betting rotation. Our Sports Betting 101 Glossary provides a quick and simple definition of often-used terms that you may read on or hear at your local sportsbook. Like many other industries, the sports betting world has its own jargon and many terms, lingo can be confusing.
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