A wager of any kind. The current amount of money in play.All In
A dramatic bet by a player of all his chips on one hand in poker. Ante
A Poker term referring to the first wager of a particular hand, usually describing a minimum 'buy-in' to be included in that hand.
ATS - "Against the spread,"
There are two common ways of betting sides: the moneyline and against the spread. To bet against the spread is to make a wager that will be decided by adding points to one team or the other after the game is played.
Person who takes clients bets
Your available gambling money
A friend, acquaintance or other contact who is used to place bets so that the bookmakers will not know the identity of the actual bettor. Many top handicappers and persons occupying sensitive positions use this method of wagering.
A $100 wager
The favored team
Someone who usually only plays the favored teams. Rarely bets on underdogs. Also known as Favorite Freddie. CIRCLE GAME
A game in which the betting action is severely limited. Usually occurs in those games that feature key injuries, inclement weather, or unsubstantiated rumors regarding a team. Most bookies "circle" all Ivy League Games.
To bet the spread by the required number of points. If such occurs you have "covered the spread".
A $1000 wager
The underdog in any betting proposition
One who mostly plays the underdog
A $100 wager
A wager for twice the size of one's usual wager.
A wager on which neither side lays any odds or vigorish
Point shaving. Never say to a client that a game is fixed!
Bets accepted well in advance.
Making a wager
One who studies and rates sporting events
Placing bets on the opposite side in order to cut losses or guarantee winning a minimal amount of money.
HOLDING YOUR OWN
Neither winning or losing, just breaking even
A half point added to football and basketball betting lines
Losing a wager by exactly one-half a point
A game which is drawing a lot of action on one side by knowledgeable handicappers.
The bookmaker's commission, also known as vigorish
LAYING THE POINTS
Betting on the favorite
The maximum amount a bookmaker will allow you to bet before he changes odds and/or the points. Also the "cap" on what you can personally wager.
The listed odds on a game ( points or money line )
The person who establishes the original and subsequent betting lines.
Easy winner, can not lose
To win both sides of the same betting proposition by the point spread.
Odds expressed in terms of money
The betting line which quite often appears in the daily newspapers. The lines are only approximate and quiet often totally inaccurate and misleading.
A $500 wager
The same as a lines-maker
ODDS ON FAVORITE
A horse, team or individual so favored by the public that the odds are less than
OFF THE BOARD
A game on which the bookmaker will not accept action.
The amount the Las Vegas point-spread differs from our computerized mathematical line.
The line that the bookmaker uses for wagering purposes. The line which comes from Las Vegas is quite often referred to as the official line; however, the line that your bookie offers you is actually your "official line". Many smart bettors like to know the Las Vegas official line so that they can compare to their local bookies in order to determine how badly they are being "faded".
An early line which is not an official line. Quite often line makers allow specially selected bettors to wager into the "outlaw line" before entering the line to the public. The line makers respect these individuals and use their input to create a final opening number. This process is also called "ironing" or "flattening" the line.
An advantage for the bettor in which the price on a given wager is greater than the real probability of its success.
OVER & UNDER
A wager for the total score by both teams will more or less than the total posted by the sports book.
The number of teams in the parlay must all hit or the parlay loses. 2-team parlay pay 13-5 odds. 3-team parlay pay 5-1 odds. 4-team parlays pay 8-1 odds.
What has occurred previously to the forthcoming games
Neither team is favored. Take your pick and lay 11 to 10.
Or "line". The amount of points the bettor must give to take on any given game.
The Schedule starting time.
The odds or point-spread
A wager on a particular aspect of the game such as how many field goals will be made.
Tie. Neither side wins and all money is returned to the bettors.
A form of parlay betting in which we wager various combining team wagers. A 3-team robin is team 1 to 2, 1 to 3, and 2 to 3. 4-team robin is team 1 to 2, 1 to 3, 1 to 4, 2 to 3, 2 to 4, and 3 to 4. 5-team, etc
Person's who study team plays and/or practice and report findings to handicappers.
To make a big win
To call off a wager
When one side of a wager wins and the other side ties.
Sides that are bet on by the more knowledgeable handicappers.
A person who waits for what he thinks is an unusually strong wager.
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.
Behind, losing, buried, down for the week
A bet that is very disadvantageous to the player.Straight-up- Straight-up- Winning the game outright without any taking into account the point spread.Systems- Using trends from the past to predict future outcomes.Taking the points
Betting the underdog and its advantage in the point spread.
Taking the price
Betting the underdog and money odds.
sports betting parlay in which you adjust the point spread or total of each individual play.
sports betting wager.
Sports wager in which no money is won or lost because the score were equal to the points spread.
The combined amount of runs, points or goals scored by both teams during the game, including the overtime.
Someone who sells his opinions on sports or horse wagers.Trends- following a general course, Using the past to predict future outcomes.
Under - sports wager in which the bettor guesses that the total points scored by two teams will be under a certain figure.
Underdog - The team perceived to be most likely to lose. Also known as the "dog" in sports betting terminology.
Getting the best odds on a betting proposition; the highest possible edge.
The commission paid to the bookmaker, also known as juice.
A sophisticated gambler