Gambling Glossary

Accountant
What some call their bookmaker
Across the Board
Wagering on a horse to win place & show.
Action
A bet.
Agent
A person that places customers into a book for a commission.
Alpo
The underdog
Back Door Cover
When a team usually out of the game scores meaningless points to cover the spread.
Bad Beat
A game you thought you had won and then lose.
Beard
A person who makes plays for someone else; a runner.
Beef
A claim or dispute with your bookie over the outcome of a bet.
BM
What some call their bookmaker
Book/Bookie
Short for bookmaker or a person who takes bets.
Bow-wow
An underdog.
BR
Your bankroll
Chalk
The favorite.
Chalkeater
A person who plays only favorites.
Circle/Circle Game
A game where the betting limits are lowered, usually due to injuries and/or weather.
Clone Joint
A sportsbook that moves its lines to conform with everyone else.
Cover
Win the game by more points then you laid or lose by less points then you had taken, a pointspread win.
Degenerate
A compulsive gambler.
Dime
In betting terms, $1000
Dog
The underdog
Dollar
In betting terms, $100
Earn
Percentage hold.
Even Money
A wager on which a side lays no juice or vigorish.
Exotic
Any wager other than a straight bet or parlay; a proposition or "prop".
Exposure
The maximum amount of money a sports book stands to lose on a game.
Figure
What you won or lost last week or the amount in you account; or, an amount owed to or by a bookmaker.
Form
A tabloid used for horse racing data.
Futures
Bets made on one day that don't take place on that day, but take place on a later day.
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
The half point in point spreads. As in 6.5, 6 and a hook.
Juice
Amount of the commission kept by the house, also called vig or vigorish
Laying a price
Playing a favorite.
Layoff
Money bet by a house, with another bookmaker, to reduce it's liability.
Limit
Maximum amount of money accepted for one wager.
Lines
The odds on a game (also refered to as price).
Lock
Used to describe an easy winner or a can't lose game.
M.L.B.
Major League Baseball
Martini
A legal pain killer for losing days
Matador
A cover that occurs in the last moments of the game (also refered to as a "back-door-cover).
Middle
Betting both sides of a game at different prices with the hope of winning both wagers: example - if a bettor played Chicago (minus 4) and Los Angeles (plus 6), and Chicago won, 100 - 95, the bettor would win both bets, or "catch the middle").
Middler
A player that bets both sides of the game.
Mush
A bettor who is bad luck.
N.B.A.
National Basketball Association
N.C.A.A.
National College Athletic Association
N.F.L.
National Football League
N.H.L.
National Hockey League
Newbie
A person who is new to gambling or to forums. A rookie.
Nickel
In betting terms, $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 bettor, rather than the house.
Parlay
A one bet ticket written with at least two wagers (ALL bets must win for the ticket to cash) Example- Yankees to win, Raiders to win. Both teams MUST win for the bettor to win the wager. If either loses, the ticket loses
Past Post
A bet made after the start of a game or horse race.
Pick/Pick'em
A game where neither team is favored, an even game.
Pointspread
The amount of points or goals that the favorite gives the underdog for betting purposes.
Price
The odds, or line, on a game.
Pup tenter
A company who sets up shop for a season, then disappears with bettor's deposits.
Puppy
The underdog.
Push
A tie.
Round robin
A single ticket which is comprised of more than one parlay.
Rundown
A list of odds on a particular day's game.
Runner
One who places bets for another; a beard.
Scalper
player that lays a low number and takes a higher number...usually plays at no risk.
Scamdicapper
A tout that gives outlandish promises about win percentages and expectations.
Score
A big win.
Sharp
A sophisticated or professional sports bettor.
Spread
Short for pointspread.
Square
A novice sports bettor; rookie.
Steam
When a large amount of money starts to come in on one side of a game and the line moves rapidly.
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 on an underdog.
Tapped out
Broke from gambling.
Teaser
A type of bet where you get to adjust the point spread in your favor.
The short
The underdog
Total
Number put up by a bookmaker on a game where a player bets either over or under the # of runs, points or goals scored in that game.
Tout (service)
A person (or company) that either sells or gives away selections on games.
Tweeners
A book that has all it's numbers in the middle of all other books.
Underlay
A situation in which the odds on a game favor the house, rather than the bettor.
Uniforms
Referees, officials
Value
An overlay.
Vig/Vigorish
An amount of commission kept by the house, also called juice.
Wager
A bet.
Wise Guy
A smart bettor, one that plays the "steam" before it becomes "steam"; a professional sports bettor..
Zebras
Referees
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