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SportsBetting
Terms
by Gayle Mitchell
We
continue your Sportsbetting education with more
SportsBetting terms listed alphabetically below.
There are many betting options online
and off and these Sports Betting Terms will assist with those
decisions.
Agent:
Someone who sets up customers into a book for a
commission.
Beard:
A runner who makes bets for others.
Bookie:
Abbreviation
for bookmaker or a person who takes
bets.
Chalk: The
favorite bet.
Chalkeater:
Someone who bets only on favorites.
Circled
Game:
A game
where betting limits are lowered,
generally on account of injuries and/or weather.
Cover:
You win by
more points than you laid or lose by more
points than you had taken with a point-spread win.
Dime:
$1000.
Dog: The
underdog
in the game.
Even
Money: A bet where one side lays no juice or vigorish.
Exposure:
Maximum
amount a sports book can lose on a game.
Futures:
Bets made
today that take place at a later date.
Getting
down:
Place
your bet.
Handicapper:
professional who researches all aspects of the
game before betting the outcome.
Handle:
Total money
wagered.
Hedge:
To decrease the action by betting the opposite of a
previous bet.
Hook:
Half point in point spreads; e.g. 3 1/2, 3 and a hook.
Juice:
Commission
that goes to the house, also known as
vigorish.
Lines:
Game Odds.
Nickel:
$500.
Off the
Board: No betting accepted, usually in the case of
injuries.
Pick: An
even game as there is not a favorite.
Point
Spread:
Number
of points the favorite gives the dog
for betting purposes.
Push:
Point Spread tie.
Rundown:
Listing of odds on a specific game day.
Steam: Big
money
flowing in on one side means the line is
moving fast.
Straight
Bet: One wager, not a parlay.
Teaser:
Bet where you can adjust the point spread your way.
The Big
Sports Board:
explains the wagering, and quotes
betting information.
Total
Bet: is available to wager on the total number of
points scored by both teams during the game, based on an over/under
quoted
number. These bets are layed based on the quoted total number of points
scored,
OV=betting over what the board offers, or
UN
=under-betting
that the teams won’t score that many
points together.
Vigorish:
The fee/commission paid during specific wagers at
the sportsbook.
Sports
Betting Strategies follows Sportsbetting Terms
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