Action - A sports betting wager of any kind, a bet. .
ATS - "Against the spread," taking points rather than betting with the spread and laying points in sports betting. (ATS) Ex. Rice is 7-6 ATS, meaning they COVERED 7 out 13 ATS
Buy (Points) - In sports betting, a player pays an additional price to receive half a point or more in his favor on a point spread game. Commonlyrefered to as "Da HOOK" (BTH)
Ex. True Line is -3, but we got -3.5 because we (Bought The Hook)
Chalk - The favorite.
Chalk Player - In sports gambling this person is someone who usually only plays the favored teams, rarely betting on the underdogs.
Cover - In sports betting this term means a pointspread win.
Data Mining- Searching through a large volume of statistics to find profitable situations to bet on in the future.
Dog - In sports betting, the team perceived to be most likely to lose.
Edge - A persons Advantage when it comes to sports betting.
Even Money - Sports betting term "Even money" is a bet whose odds are 1/1; a wager in which no vigorish or juice is laid.
Exposure - The maximum amount of money a sports book stands to lose on a game.
Favorite - In sports betting this it the team expected to win an event. The quoted odds reflect the extent to which the choice is favored.
First half bet - In sports betting this is a bet placed only on the first half of the game.
Half time bet - In sports betting this is a bet placed only on the second half of the game.
Handicapper - When it comes to sports betting a handicapper is one who studies, rates and wagers on sporting events and/or races. (Da GOAT)
Hedging - A sports betting term that means placing wagers on the opposite side in order to cut losses or guarantee a minimum amount of winnings. *You still lose the JUICE or VIG*
Hook - In sports betting a Hook is a half point added to football and basketball betting lines. You will see (BTH) of (H) on this site, which means (BUY THE HOOK) of (HOOK)
Juice - The bookmaker's commission on a losing bet, also known as "vig."
Laying the points - Betting the favorite by giving up points. (LTP)
Line - In sports betting, the current odds or point spread on a particular event.
Money line - odds expressed in terms of money. With money odds, whenever there is a minus (-) you lay that amount to win a hundred dollars, where there is a plus (+) you get that amount for every hundred dollars wagered. On this site I use (ML)
No action - A wager in sports betting in which no money is lost nor won. (NA)
Off the board - In sports betting this is a game on which the bookmaker will not accept action. (OTB)
Opening Line- The earliest line posted for a particular sporting event. (OL)
Over - In sports gambling the "over" is a sports bet in which the bettor guesses that the combined point total of two teams will be above a specified total. (O or OVER)
Parlay - In sports wagering, a bet with two or more teams in which all teams must win or cover for the bettor to win and receive higher payouts. ****If you take a 3 team parlay for instance and 1 team PUSH'S, then your parlay reverts to a 2 teamer****
Pick 'em - When neither team is favored. Also called a "pick" in sports betting terms.
Point spread - In sports betting this is the predicted scoring differential between two opponents as quoted by a sports book. (On here it's PK)
Prop (Proposition) Bet - In sports gambling this is a special wager offered by the sports book on unique and various topics. These wagers can be on sporting events, politics, and even trial outcomes. Ex. Tim Tebow O/U 400 yards passing vs. Ole Miss
Push - When the contest ends with no winner or loser for wagering purposes.
Sharp - When it comes to sports betting a sharp is a sophisticated or professional gambler.
(Da GOAT)
Spread - A spread in sports wagering is the predicted scoring differential between two opponents as quoted by a sports book. See "point spread."
Square - A novice when it comes to sports betting. (Coxieo), or (ROOK)
Straight bet - In sports betting this is a wager on just one team or horse. (SL)
Straight-up- Winning the game without any regards to the pointspread. (SU)
Taking the points - When it comes to sports gambling this means betting the underdog and its advantage in the point spread.
Teaser - A teaser is a special type of parlay in sports betting in which you adjust the point spread or total of each individual play. The price of moving the point spread (teasing) is lower pay off odds winning wagers. **Usually in 6, 6.5, 7, 10, 14 point increments***
Tie - In sports betting a tie is a wager in which no money is lost nor won because the teams' scores were equal to the number of points in the given line.
*Watch this because some books will still collect the VIG*
Total - The combined amount of runs, points or goals scored by both teams during the game, including the overtime. (O/U)
Tout - Someone who sells their expertise on sports wagering. I AM NOT THIS GUY
Trends- Using the past to predict the future focusing in on only one team.
Under - When it comes to sports betting a under is a wager in which the bettor guesses that the total points scored by two teams will be under a certain figure.
Underdog - The team perceived to be most likely to lose. Also known as the "dog" in sports betting terminology.
Value - In sports betting value means getting the best odds on a wagering proposition; the highest possible edge.
Vig - The bookmaker's commission on a losing bet; also known as juice in sports betting.
Wager- To risk money on the outcome of an event. Wise guy - A wise guy is the sports gambling term for a well-informed or knowledgeable handicapper or bettor. (JUICE)
This should help every one out, if not let me know, and I will help you out!
BTW- Tonight one small play:
San Diego +10
Baltimore +10
Tease
3-0 in pre-season looking to build on!
Enjoy,
Da GOAT
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