Gambling Terms

Across the Board: Method of wagering on a horse to win, place and show.

ACTION:   Any bet or wager.

All-in: No refunds given for scratched or withdrawn sides in an event where a bet is placed. Should an event be cancelled, and then the amount bet will be refunded.

Anti Post:  A bet that is placed on a future event. Taking an Ante Post price means you will lose your money if your selection does not take part in the event.

Bad Beat: Tough loss

Bankroll:  Gambling money.

Beard: A messenger bettor/punter.

Bettor:  The US term for person placing a bet.

Board:  Where betting odds and other information is displayed.

BOOK:  A sports book or betting establishment that sets odds and accepts wagers
on the outcome of sporting events.

Bookmaker:  Someone who accepts a bet. Also known as bookie.

Box:  A combination bet whereby all possible numeric combinations are covered.

BUCK:  $100; also known as Dollar.

Buy:  A bettor pays an additional price to receive half a point or more in his favor on a point spread game, to give away fewer points with the favorite or get more points with the underdog.

Chalk:  Favorite

Circled Game: Game where the maximum bet is restricted, usually due to injuries, betting action is limited.

COVER:  When the team wins by more than the point spread.

Credit Bet: A bet accepted by a bookmaker where not cash has been deposited.

Daily Double:  Type of wager calling for the winner of two consecutive races.

DIME: $1000

DIME LINE:  A money line (no point spread involved) in which the vigorish
or bookie's juice amounts to 10 percent.

DOG: The underdog, or the team getting points.

Dog Player: Bettor who mostly plays the underdog.

DOLLAR:  $100; also known as Buck.

Doubles: A twin bet on two separate specified events or two parts of the same event.
A form of parlay or accumulator.

Double Bet: A wager for the twice the size of one’s usual bet.

Draw: result where the scores are the same at the end of play.
This is also known as a 'Tie'.

Edge: Advantage

Even Money:  Odds of 1 to 1. No juice or vigorish is laid.

Exotic Bet: Action other than a straight bet – for example, parlays, teasers, if bets, reverses, round robin, etc

Favorite:  Team, horse or competitor most likely to win as determined by the odds.

Field:  All the individual competitors in an event.

Fixed Odds: Unchangeable odds at the time of wager.

Futures Bet: Bets placed in advance.

Get Down:  To make a bet

Handicapper: One who sets handicaps by studying sports and predicting outcomes?

Hoops:  Basketball

Hot Tip: Information the bookmaker is not yet privy to

Juice: 10% added onto a bet if you lose. The bookmaker’s commission,
also known as “vigorish” or “vig”

Lay a Bet:  A bookmaker accepting a bet.

Lay The Points: Bet a favorite “lay a price”.

Limit:  Maximum bet accepted by the house before the price and/or odds will be changed.
Also the “cap” on what the bettor can personally wager.

Lines:  Another word for odds.

LOCK: A term meaning can't lose. (There is no such thing)

Long shot: A team that according to the odds is unlikely to win.

Margin:  The amount a competitor in an event finishes in front of another competitor.

Middle:  When both sides of a point spread proposition win.

Money Line: Amount you must bet to win 100 or the amount you win if you bet 100.

Multiples:  Picking the winners of more than one event, where a wager is place on more than one outcome
and the stake and winnings of the first selection will be rolled over onto the second selection and so on.

MVP: Most Valuable Player.

NICKEL:  $500

Oddsmaker:  The person who establishes the original and subsequent betting lines
and odds. Also referred to as a line maker.

Official Line: Line that the bookmaker uses for wagering purposes;
the line offered to the bettor.

OFF-THE-BOARD: A game in which the sports book is not taking wagers on.

Over/Under:  A wager for the total score of both teams.

Outlaw Line:  An early line that is not an official line. Often offered to specially
selected bettors before the official line is offered to the public.

Parlay: A bet on 2 or more teams, all teams must cover.
In the event of a push or a game cancellation, the parlay reverts to the next lower.

Pick:  A game where no team or betting option is favorite.

Place Bet:  Bet to finish first or second.

Player: Bettor or gambler

Point Spread: The amount of points which the favorite gives to the underdog
for betting purposes.

Press: To bet a larger amount than usual

Price:  The odds, line or pointspread.

Pointspread: The points given to the underdog to level the odds with the favorite.
The bookmaker gives odds to the underdog for betting purposes only.
The favorite is indicated by a minus sign and the underdog by a plus sign.
Also called the “line

Post Time: The scheduled starting time.

Proposition Bet: A wager on a particular aspect of the game, such as who will score first.

Push:  A game which, with the pointspread, is tied or
when the combined scores of the two teams tie the total.

Return: Your total winnings on a bet.

Round Robin: A series of parlays. A three team round robin consists
of three two-team parlays.

Run Line: A line used when wagering on baseball.

Score: To win a lot of money

Scratch:  Withdraw; cancel

Show:  Bet a horse to come in third place.

Sportsbook: The person or group that accepts bets.

Spread:  An abbreviated form of pointspread

Straight Bet: The team wagered on must win by the point spread given at the time
of the wager.

Sucker Bet:  Bet with a large house edge.

Teasers: Two or more teams or propositions in which additional points are either added
to the underdog or subtracted to the favorite.

Tie:  A push, stand-off or a draw.

Tip:   Advice as to the probable winner of an event.

Total: The combined number of points/goals scored by two teams.

Tout:  Someone who sells his opinions on sports or horse wagering.
Also called “handicapper”.

Under Dog:  The outsider in a betting opportunity.

Value:  Getting the best odds on a betting proposition, the highest possible edge.

VIGORISH: The Vig, juice or commission taken out by the sports book for accepting
the bet, usually 10 percent.

WAGER: Any Bet.

Win:  A bet to finish in first place.

WISE GUY: A sophisticated bettor.

"The information present on this web site is intended for entertainment purposes only."

home | disclaimer

©1995 All Rights Reserved.
Do not duplicate or redistribute in any form.

MCA Sports is not affiliated with any Sportsbook or casino and does not endorse any illegal gambling.
Check your state and local regulations before placing any wager.
Our opinions on selections of games are for entertainment purposes only.