Glossary of POKER TERM |
Glossary of
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Sportsbook Terms - The Language of Bookies :Before you Sign Up with an Online Sportsbook / Racebook, it might be a good idea to familiarize with some of the terms used by the modern bookie, or sportsbook / Racebook Betting Center. Print and keep this handy. CLICK to PRINT this list NOW (PRINTER FRIENDLY VERSION - uses small font, no images - 2 clean pages on standard letter 8.5 x 11.0) ...wait for your printer dialogue box to open. SPORTSBOOK TERMS - Sports Wagering Terminology:Action A bet BM Bookmaker BR Bankroll Back door A 'cover' that occurs in the waning moments of a game Bad beat Losing under unusual circumstances Beard A runner; one who places a bet for another Beef A dispute over the outcome of a bet Bow-wow An underdog Chalk A favorite Circled game A contest on which betting limits are reduced (injuries and weather are the primary reasons for games to be circled) Cover A pointspread win Degenerate A compulsive gambler Dime $1,000 Dollar $100 Earn Percentage hold Exotic Any wager other than a straight bet or parlay (also referred to as a proposition or prop) Exposure The maximum amount of money a sports book stands to lose on a game Figure Amount owed to or by a bookmaker Form A tabloid used for horse racing data Getting down Placing a bet Handicapper A person who studies factors such as statistics, injuries, weather and news to predict the outcome of games Handle Total amount of money wagered Hedge To reduce amount of action by wagering on the opposite side of a previous bet Hook A half-point Juice Amount of commission kept by the house (also referred to as vigorish or vig) Laying a price Playing a favorite Layoff Money bet by a house with another bookmaker to reduce its liability Limit Maximum amount of money accepted for one wager Line The odds on a game (also referred to as price) Lock A surefire winner (there really is no such proposition) Matador A cover that occurs in the waning moments of a game (also referred to as a back door cover) Middle Betting both sides of a game at different prices with the hope of winning both wagers (An example: if a bettor played Maryland (minus-4) and Duke (plus-6), and Maryland won, 100-95, he would win both bets -- or "catch a middle") MushA bettor who is bad luck Nickel $500 Off the board A game on which bookmakers are not accepting wagers (generally because of injuries) Overlay A situation in which the odds on a game favor the bettors rather than the house Parlay One bet ticket written with at least two wagers (all must win for the ticket to cash) Past post To place a wager after an event has started Pick'em A game with no favorite (the straight-up winner also would win bets) Price The odds on a game Puppy The underdog Push A tie Round robin A single ticket with comprised of more than one parlay Rundown A list of odds on a particular day's games Runner One who places bets for another Scalper Someone who bets both sides of a game Score A big win Sharp A sophisticated or professional sports bettor Square A novice sports bettor Steam Heavy action on one side of a game Straight bet One wager (as opposed to a parlay) Sucker bet Parlays, teasers or exotics (anything bookmakers use to entice squares to bet more) Taking a price Betting an underdog Tapped out Broke from gambling Teaser A sucker wager that allows bettors to add and subtract points from posted odds Tout service A company that sells selections on games (most in the United States are dishonest) Underlay A situation in which the odds on a game favor the house rather than bettors Value An overlay Vigorish Amount of commission kept by the house (also referred to as juice or vig) Wise guy A professional sports bettor CLICK to PRINT this list NOW (PRINTER FRIENDLY VERSION - uses small font, no images - 2 clean pages on standard letter 8.5 x 11.0) ...wait for your printer dialogue box to open. |
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