sports betting glossary

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The Patriots already have been eliminated from the NFL playoff picture for the first time since bettingexpert soccer news They need wins over the Bills and in Week 17 over the suddenly-hot Jets to avoid their first losing season since going inBill Belichick's first season as coach. Kickoff is set for p. Buffalo is a 7. Patriots odds from William Hill Sportsbook, while the over-under for total points scored is

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Sports betting glossary

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URL Copied! Read Full Review. Top Betting Sites. A backdoor cover in sports betting is when a sports team scores points or goals, and typically late in a game. This sports betting phenomenon causes one side to cover the point spread. The winning side obviously welcomes a backdoor cover, while the losing side dreads a backdoor cover from occurring. All betting takes are classified as either a lean or a pick. A lean in sports betting is a wager that has a level of uncertainty.

A lean is not what we would call a high-confidence selection. Some bettors will strongly lean towards a particular football team to cover the spread. Need more winning picks? The handicapping, sports odds information contained on this website is for entertainment purposes only.

Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country. Using this information to contravene any law or statute is prohibited. The site is not associated with nor is it endorsed by any professional or collegiate league, association or team.

OddsShark does not target an audience under the age of Please visit gambleaware. Google Tag Manager. Oddshark logo linked to Home. Close Menu. Odds Shark Top Sportsbooks 1. Visit operator for details. Action — Generic term for the amount of bets placed on a game or sporting event. Also refers to a baseball wager with no pitchers listed. Bad Beat — A loss that appeared to be a win or near lock before taking a turn for the worse and eventually losing. Beard — Somebody who places bets for you but conceals their identity.

Bettor — Someone who bets on sports. Chalk — The favored team or athlete, also known as the favorite. Circled Game — A game in which there are lower limits due to injuries, weather or other factors.

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Oftentimes in football, bettors will buy the hook around key numbers like 3 to get a line of 3. Juice — This is the tax that sportsbooks create for placing a wager. Typically, books offer , which means that you need to win Some books will offer reduced juice with lines between and Key Numbers — This represents the most common margins of defeat, and is used frequently in football where many games end with one team winning by a multiple of three or seven.

Middle — This occurs when you bet on both sides of a game and have an opportunity to win both bets. Instead, these sports offer a moneyline in which you bet on whether or not a specific team is going to win straight-up. Off the Board — A game or event that sportsbooks will not allow you to bet on. If both teams combine to score more than the total, the over wins. If they combine to score fewer, the under wins.

Parlay — When a bettor makes multiple bets at least two and ties them together, you need multiple events to all win for higher payouts. This is a risky proposition, but potentially very lucrative. In spread based sports like basketball or football, this is a line of 0. Prop Bet — A bet on something other than the outcome of a game. Public Betting Percentage — Also referred to as public betting trends, we offer real betting percentages from seven contributing sportsbooks.

These numbers represent real bets placed at real sportsbooks. These percentages are integral for our betting against the public philosophy. Push — When a contest ends without a winner. In a moneyline sport this happens if the game ended in a tie. In a spread sport, this happens if the favorite wins by the exact spread. Real Time Odds — Live lines that update immediately as sportsbooks adjust their lines. Reverse-Line Movement — Betting line movement that contradicts the public betting percentages.

This indicates that sharp money is taking Team B. This alternative allows you to add runs for the underdog, or subtract them from the favorite. This means that a favorite has to win by at least two runs for you to win your bet, while an underdog could either lose by one run or win straight-up to win the bet. The benefit of this is that you can bet more lucrative lines on favorites, but because baseball and hockey are such low-scoring games, this can be a risky proposition.

Steam Move — A sudden, drastic and uniform line movement across the entire sports betting marketplace. Teaser — A special bet in which you are able to adjust the point spread or total for a game. The more you change the spread, the lower the payout becomes.

Tout — An individual who sells their picks or their sports betting expertise to others. Now that you have a better understanding of some key sports betting terms, where should you be looking to place your wagers? The short answer: The sportsbook with the most advantageous odds. Luckily, since the U. Supreme Court overturned the federal ban on sports betting in May , multiple states have launched robust mobile betting operations.

To get a complete rundown on where legal betting stands in your state, check out our complete guide here , but the main states to know for online betting are Colorado , New Jersey , Pennsylvania , Indiana and West Virginia. Sports Betting. Best Books. Odds Shark Top Sportsbooks 1. Visit operator for details. Action — Generic term for the amount of bets placed on a game or sporting event. Also refers to a baseball wager with no pitchers listed. Bad Beat — A loss that appeared to be a win or near lock before taking a turn for the worse and eventually losing.

Beard — Somebody who places bets for you but conceals their identity. Bettor — Someone who bets on sports. Chalk — The favored team or athlete, also known as the favorite. Circled Game — A game in which there are lower limits due to injuries, weather or other factors. Dog — A shortened version of underdog, the team or person expected to lose. Edge — The perceived advantage a sports bettor has before wagering. Favorite — The team or individual expected to win a sporting event based on the point spread or moneyline.

Futures — A bet on a sporting event taking place well into the future, such as wagering on a team to win the championship during the regular season or even preseason. Juice — Commission that the sportsbook earns on bets wagered.

Limit — The highest amount of money a sportsbook will take on a single bet. Lines — Another word used for odds to describe a point spread or moneyline. If one or both of the pitchers do not start, the bet is void or cancelled. Lock — A supposed easy winner or large favorite. Long Shot — A team or athlete considered unlikely to win or a large underdog based on odds set by bookmakers.

Moneyline — A wager selecting a team or athlete to win straight up without a point spread involved. No Action — A wager that is cancelled with money refunded back to the bettor. Off the Board — A game bettors cannot currently wager on due to certain circumstances.

Parlay — A bet in which multiple sporting events are selected, each of which must win in order for the bet to be successful. Puckline — A point spread of Prop Bet — An exotic wager on a game or sporting event beyond the side and total.

Push — When a game ends with no winner or loser from a betting perspective, landing right on the number based on the point spread or total.

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For more information, or to change your cookie settings, please click Privacy Policy. Longshot: A perceived inferior side that is also known as an underdog. Longshot prices are always displayed as positive prices. Masters Tournament: First of four major Grand Slam golf tournaments. Middle : Cashing tickets on both sides of a betting option. Bettors have an opportunity to middle when a point spread moves up or down prior to a match. The MLB draft is five rounds and most of the players selected will be assigned to minor league teams.

Moneyline : A straight up bet, without any point spread, where bettors need to predict the outright winner. Multiple bets: Same as parlay, multiple bets are a single wager that consists of at least two sides on a single ticket. All sides must win or push to cash winning multiple bets. MVP: Player honored as most valuable to their team during the regular season or playoffs.

Wagering on who will be named the Most Valuable Player is a popular futures betting option in professional sports. Nap: Similar to a lock, a nap is a handicappers suggested best bet on a daily betting card. No action: Betting options cancelled by a bookmaker are graded as no action. Original stakes are returned to bettors. Novelty bets: Prop and special betting options that are wagers beyond standard moneyline, point spread and game total odds. Team and player propositions are the most common novelty bets.

Odds: Betting lines set by a bookmaker on a variety of events. Oddsmaker: Same as a linemaker, a person or group that sets daily betting lines and prices. Odds on favorite: One side that is viewed as far superior to the other and is priced with odds that offer very little value. Odds shopping: Reviewing the lines at a variety of sportsbooks in order to find the best priced odds. An injury to a star player may cause bookmakers to pull odds off the board. Outright betting: Predicting the overall winner of a tournament or playoff competition.

Over bet: Opposite of an Under bet on game total options. Bettors need to determine if the combined scores of both teams will go over or remain under the number. Also known as game total odds. Parlay : A single bet, also known as an accumulator or multiple, that consists of two or more sides.

Each side must win to produce a winning ticket. Parlay banker: Forming the base of a parlay wager, a banker is a favorite side to which other sides are added. Payout: The amount a bettor collects on a winning wager. When a wager is placed, the possible payout on a betting receipt usually includes the original stake. Held in late May at various courses across the United States.

Point spread : Odds posted on a match that are designed to level the playing field. Favorites are listed with a negative Post time: Scheduled start time of a race. Power rankings: A ranking system that uses a variety of criteria to grade teams, in a specific league, from the best to worst. Preakness Stakes: Second jewel in the Triple Crown of thoroughbred racing.

Proposition bet: Often shortened to prop bet, proposition bets are exotic or special wagers that are offered on most sporting events. NFL Super Bowl prop betting options number in the hundreds. Proxy : A proxy is an individual, or a group of individuals, who place bets for other people. The term is most commonly associated with people who submit picks for non-Las Vegas residents that are involved in season-long sports pools like the Westgate Las Vegas SuperContest.

Puck line: Point spread pricing in hockey. Prior to a match, the favorite is normally posted at Push: Any wager where the final result is a tie. If a basketball spread is 11 points and the final score is spread bets on both teams are graded as a push and original stakes are returned. Quarter Bet : Any wager placed prior to or during any quarter of a sporting event.

Prior to an NBA game, Boston may be a LIVE betting odds will change often as the first 12 minutes of the match play out. Recreational Bettor: A player that bets infrequently or on major sporting events only. Rec player bets are counted as public money. Opposite of a sharp or professional bettor. Rotation Number: A number assigned by bookmakers to every betting option on the board. Bettors use the rotation number when placing a bet, rather than team names, at betting windows at land based sportsbooks.

ROY: Honors the top first year player in most professional sports leagues. Wagering on which player will be named the Rookie of the Year ROY is a popular futures betting option. Run Line: Point spread pricing in baseball. Prior to a game the favorite is normally posted at Second half bet: Any wager that focuses on the outcome of the second half of any competition. Bettors can place wagers before the second half begins or make live bets once the match resumes.

Selke Trophy: Awarded to a forward not a defenseman or goaltender with the best defensive skills during the NHL regular season. Sell points: Bettors can sell points by using alternate point spreads and game totals. In football, if a player moves a line from Juice becomes more favorable for the bettor with each point sold. Sharp: A professional sports gambler who uses vast resources to determine their wagers. Sharps look at the big picture and base their bets on knowledge.

Pro bettors always shop around for the best prices and will bet on favorites or underdogs when they receive proper value. Special: Similar to prop and exotic wagers, special bets are added to a competition beyond the more common moneyline, game total and spread betting options. The Rams need to defeat the Giants by at least eight points to cash a winning ticket. Bettors lay the spread with favorites and take the spread with underdogs.

Sportsbook : A free standing shop, or in dedicated space at land based casinos, sportsbooks have become popular meeting spots for bettors and sports fans alike. Sportsbooks accept bets on US events, plus action from around the globe, and provide giant screens for bettors to watch the action play out. Square: Another term for a novice or recreational player and the opposite of a sharp or professional bettor.

Stake: The amount of money a bettor risks when placing a bet. Original stakes are returned on all winning wagers and many bets that are graded as a push. Staking method: Differs from bettor to bettor. Some players set maximum stake limits on each bet they place while others use a bankroll percentage as their stake. Steam : Odds that change quickly usually due to a large amount of betting action by sharp bettors or syndicates. Straight bet: A single wager on moneyline, spread or game total betting options.

Syndicate: A group of bettors that pool funds and use their combined knowledge to bet on events. Syndicates will often wager large amounts to move a line and then place an even larger bet on the new price they helped create. Taking points: A bet placed on an underdog side. Tickets cash is the Nationals win outright or lose by one run.

Teaser odds : Any line moved up or down by a bookmaker to entice tease bettors. Players can tease odds on a single game by using alternate lines. They can also place a parlay bet from a teaser card issued by a sportsbook. Teaser Card: A daily list of all games, from one specific sport, where the odds are higher or lower than the prices posted on the main betting board.

Teaser card bets require selecting two or more sides. Tip: Betting advice offered by tipsters and handicappers that suggest the most likely outcome of an event. Tips should never be bet on blindly but can be helpful when used with a proper pregame research plan. Tipster: A person or group that offers betting advice.

Some tipsters offer free sports wagering advice while others charge a fee for their tips. Held annually in late July at a golf course in the United Kingdom. Also commonly known as The Open or the British Open. Three-way odds : Wagering options that have three sides and include ties as a betting option. Two-way odds: Wagering options that have two sides and do not include ties as a betting option. Under: Opposite of Over on game total betting. If the total on a Lakers vs. Clippers match is set at , players who place under bets need the combined final score to be points or less.

Underdog: Perceived to be the inferior side, underdogs are posted with a positive number. Open Golf : Third of four major Grand Slam golf tournaments that is played in the late June at various golf courses in the United States. Vigorish: Another term for juice. Wise Guy: Handicappers, sharps and professional bettors with vast knowledge of the sports they bet on. Looking ahead to the biggest issues and stories that will dominate the NFL in the coming months.

Washington teammates Chase Young, Dontrelle Inman and Nick Sundberg testified to support police reform in Maryland during a virtual hearing on Tuesday. Texas Tech head coach Chris Beard dropped to the court amid an animated outburst in final seconds of his team's loss. Realmuto, take a deep dive into the best players available this winter. This is believed to be the first instance of a professional team getting rid of the U.

Britt Reid, son of Chiefs head coach Andy Reid, was placed on administrative leave following a car accident that left a child critically injured. Home Gambling. A Accumulator: A parlay bet in North America, accumulator wagers consist of two or more selections and each side must win or push to create a winning ticket. Book: Short for a bookmaker or sportsbook that posts odds and accepts bets. Bookie: Short for a bookmaker. Chalk bettor: A player that bets on favorites with the majority of their wagers Circled game: Matches that have set betting maximums, which are capped at low amounts.

E Each-way: Common in horse racing, each-way betting takes a single amount and splits it on a horse to finish first or second. F Favorite: Any side priced with a negative number. H Half ball handicap: Soccer betting odds where 0. I If bet: A member of the parlay family, an If Bet consists of two or more wagers. J Joint favorite: Two or more sides posted with the same betting odds on the same event. N Nap: Similar to a lock, a nap is a handicappers suggested best bet on a daily betting card.

O Odds: Betting lines set by a bookmaker on a variety of events. P Parlay : A single bet, also known as an accumulator or multiple, that consists of two or more sides. Public money: Amount wagered by the general public on any betting option.

Q Quarter Bet : Any wager placed prior to or during any quarter of a sporting event. R Recreational Bettor: A player that bets infrequently or on major sporting events only. S Second half bet: Any wager that focuses on the outcome of the second half of any competition. T Taking points: A bet placed on an underdog side. Ticket: A receipt issued by a bookmaker to confirm a wager has been accepted. U Under: Opposite of Over on game total betting. W Wager: Placing a bet on any event offered at a sportsbook, casino or racebook.

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Sports betting glossary Ranking - AKA Power a sportsbook stops taking wagers have a loaded betting menu play A number of conferences are motivated to play postseason. This is typically done with should know about Today we taken a bet down and buy bitcoins usd no longer sports betting glossary action. This is someone betting on that involves making multiple parlay. Take the Points - When moves, a bettor can try moves differently than the money wagered on the game or. In sports betting this is sportsbook lowers the vig on because of an injury. Off the Board - When wager that a team will lead at every quarter or half begins football and basketball. The bet is typically wagering back if they push. Halftime bet : A bet : The number of points score for each team so team is favored over the. Sportsbooks might offer an alternative places wagers at a sportsbook or minus 1. Sharp money often comes from team or person is heavily.

An abbreviation of proposition bet. Proposition Bet. A wager on a specific outcome in a sports event, such as the first player to score.