Used mostly in European markets, this is the same as a parlay
, with multiple bets tied together for a
. All bets in the accumulator must win to pay out.
Across the Board
Wagering on a horse to win, place and show.
A person that places customers into a sportsbook
for a commission.
A different point spread point spread
from the standard line with adjusted vig
to reflect the risk of that line.
A strategy that involves betting on both sides of a wager at different odds – most often at different sportsbooks
– to guarantee a profit regardless of result.
Seen in soccer betting and created due to the abundance of matches that end in a draw, Asian handicaps are set in full, half, and even quarter-goal increments and must win by a certain number of goals.
An acronym for “Against the Spread,” often used when citing a team’s record against the point spread
in football or basketball.
A last-second cover
due to a late score at the end of the game.
An improbable betting loss that usually happens late in the game.
A determined amount of money used for betting.
A strategy around the size of bets and how those bets are placed. Also known as money management
A person who makes bets for someone else. Also known as a runner
A place in which bettors wager against each other and set their own odds rather than bet against the book
. The exchange takes a small percentage of those bets as an operating cost.
A popular cryptocurrency used by many online sportsbooks
and celebrated for its transfer speed, lack of regulations, and anonymity.
A prize or promotion offered by a sportsbook
to entice new sign-ups, deposits, or increase action on a certain game or market. These often come with stipulations and rules.
A person who takes bets.
Trying to recoup money lost by erratically and rashly betting or increasing wager
A game where the betting limits
are lowered, usually due to injuries, weather, or other uncertainties.
The more popular side of a bet. The Covers Consensus
shows the percentage of bets placed on one side.
Someone who bets against public opinion, consensus
percentages, or the popular option.
in which the bets involved are connected in some way, such as parlaying a big favorite
and betting Over
, knowing that the team will need to score a lot to cover the spread
A team winning against the spread
. Often referred to as “covering the spread”.
A prop bet
that includes results from two different sports. Most often bet during big events such as the Super Bowl.
A compulsive gambler.
In betting terms, $1,000.
Used when describing American odds
with a 10-cent difference between the two lines. Viewed in dollar and cents, -115/+105 is looked at as $1.15/$1.05 – a 10 cent difference.
In betting terms, $100.
A type of bet that allows two options to be graded as a winner. Most commonly found in soccer, bettors can take a team to win or draw at adjusted odds.
Tie game or match, most often a betting option in soccer and combat sports.
Early cash out
An online sportsbook
option to collect partial winnings before a bet has officially been decided.
The advantage a bettor may perceive to have over the book
A horse racing bet in which you pick the two horses to finish first and second.
Expected value (EV)
A measurement for expected wins or losses over the long term. Positive Expected Value (+EV) will provide long-term profits. Negative Expected Value (-EV) will provide long-term losses.
The team or person expected to win.
Found as an option in futures
odds, allowing bettors to take all other options outside of the specific teams or player odds listed by the book
A set of odds graded solely on the first-half or first-quarter outcome of an event or game.
Refers to a standard -110 line on either side of a bet.
A tabloid used for horse racing data.
A futures bet
is a type of wager placed on a long-running result, such as how many wins a team will have in a season or the odds to win the championship.
Placing a bet.
bet based on the collective points, goals, or runs scored for all the games on a day’s schedule.
A set of odds released at the half of a game based solely on the second-half result. Also known as a second-half line.
A person who studies factors such as statistics, injuries, weather, and news to predict the outcome of games.
The total amount of money wagered at a sportsbook
, either overall, on a certain sport, or on a single game.
Wagering on the opposite side of an existing bet to guarantee a profit, regardless of the result.
A bettor that wagers large sums of money.
The amount of money the sportsbook
wins after they pay out winning bets.
A perceived point value in the spread
favoring the host team. Home-field advantage in football is often perceived as three points or a field goal.
The half-point (.5) in point spreads
. Betting with the hook eliminates the chances of a push.
Betting markets that constantly adjust during an event, allowing you to bet on a game while it’s being played live.
In the money
A horse racing term for a horse that finishes first, second, or third (win, place, show).
Usually seen in football, due to its scoring increments (3, 6, 7, 10). Point spreads
are often set around these key numbers
The amount of money the sportsbooks
stands to lose on a particular side of a bet. Also known as exposure
The maximum amount of money accepted for one bet.
Adjustments made to the betting odds by a sportsbook
, based on the handle
, injuries, trades, weather, and other influencing factors.
Someone who sets the betting odds. Also known as an oddsmaker
The odds of a game (also referred to as price
Also known as in-play/in-game/in-running. Betting on an event as it happens.
Odds markets that constantly adjust during an event.
Used to describe an easy winner or a can't-lose bet.
A bet with a small win probability.
A detailed page with stats and information comparing two sides of a game for handicapping
purposes. Check out our NFL Matchups page
as an example.
Betting both sides of a game at different price
with the hope of winning both wagers. Example: If a bettor played Chicago (-4) and Los Angeles (+6) and Chicago won by five points, the result would land in the middle of those two spreads
and the bettor would win both bets.
A system or set of rules bettors follow when it comes to the bet size, total amount risked, and how their money will be divided between certain types of bets. Also known as bankroll management
A moneyline bet
is a wager on the outright winner with odds based on a team’s chances of winning.
An extremely bad last-second loss.
A bettor who is bad luck.
The best bet of the day. From the card game Napoleon in which the “nap” is the best hand.
A person who is new to sports betting.
In betting terms, $500
Betting markets on non-sporting events, such as Oscars, TV, or pop culture.
Someone who sets the sports betting odds. Also known as a linemaker
Off the board (OTB)
A game that bookmakers
are not accepting bets on (generally because of injuries/weather/uncertainties).
The first set of odds posted for an event or market by a sportsbook
A place to make a bet.
Betting above the projected total
A situation in which the odds on a game favor the bettor, rather than the house
The Over/Under, also known as a totals
bet, is a popular market where bettors wager on whether a final score will go Over
the projected total.
is a single wager placed on multiple bets. The more bets added to the parlay, the bigger the potential win. However, all bets involved must win for the parlay to pay out.
Past post/Past posting
A bet made after the start of a game or horse race.
Money won from a bet.
A very close game where neither team is favored by the point spread
, allowing bettors to simply pick the outright winner.
A point spread
, or simply “the spread”, is a sports betting number made by oddsmakers
that serves as a handicap between two opponents. Because not all teams are equal in skill, oddsmakers use spread betting to level the playing field.
The odds or line
on a game.
A print sheet
is a list of stats and information often found printed alongside the betting odds pages for that day’s games. Most sportsbooks
offer print sheets.
Someone who bets on sports for a living. Covers Experts
is a professional handicapper service.
Short for proposition bet, a Prop Bet
is a wager placed outside of the standard sides and totals
, such as player performances or team stats throughout a game.
Used to describe the casual gamblers which make up the bulk of the bets placed.
A sports bettor. More commonly used in the United Kingdom.
A tie. Your bet is refunded.
A set of odds solely graded on the outcome of the first quarter of a game. In-game betting will offer quarter lines on second, third, and fourth-quarter results.
Often a promotion by sportsbooks
offering shorter vig
than the standard -110 flat rate, such as -105 per side.
Reverse line movement
When there are more bets on one side, but the line
is moving in the opposite direction, indicating that more money is wagered on the other side.
ROI (Return on Investment)
Measurement for gain/loss on an investment relative to the amount invested.
The rotation number
is an ID number assigned to each betting option available.
A single ticket that consists of more than one parlay
One who places bets for another. Also known as a beard
. A strategy that involves betting on both sides of a wager at different odds – most often at different sportsbooks
or at a betting exchange
– to increase win probability and guarantee a profit regardless of result.
that gives outlandish promises about win percentages and expectations.
A sophisticated or professional sports bettor.
Sharp money/Sharp action
Wagers placed by sharp
or professional bettors.
with perceived value by the sports bettor.
A place (physical or online) that takes bets on sporting events and pays out winnings. Check out our top listings page
for the best online sportsbooks in your region.
A novice or new sports bettor.
Money wagered on a bet.
When large amounts of money are bet on one side of a game and the line
One wager (as opposed to a parlay
Straight up (SU)
Betting on a team to win outright. Also known as a moneyline
A bet with a low chance of winning or one with a high hold
for the sportsbook
A horse racing bet in which you pick the first, second, third, and fourth-place finishers.
A bet that comes down to the last second.
Reacting to losses with erratic bets. Also known as “betting on tilt” in poker.
A number put up by a bookmaker
on a game where the player bets either Over
the number of runs, points, or goals scored in that game.
A person (or company) that either sells or gives away selections on games.
Short and long-term patterns in performance, often against the spread
when used in betting context.
A horse racing bet in which you pick the first, second, and third-place finishers.
that has all its numbers in the middle of all other books.
Betting below the projected total
The team or person expected to lose.
A situation in which the odds on a game favor the house, rather than the bettor. Opposite of overlay
A savvy or professional bettor. Also known as a sharp
or smart money.
A prop bet
that includes results from two different sports. Most often bet during big events like the Super Bowl. Also known as a cross-sport prop
An additional buffer that oddsmakers
add when setting odds for popular or public teams, knowing that those teams will draw a lot of action
. Named after the New York Yankees.