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BM
|
Bookmaker
|
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BR
|
Bankroll
|
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Back door
|
A 'cover' that occurs in
the fading moments of a game |
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Bad beat
|
Losing under uncommon
circumstances
|
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Beard
|
One who places a bet for
another
|
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Beef
|
A disagreement over the
result of a bet
|
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Bow-wow
|
An underdog
|
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Chalk
|
A favorite
|
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Circled game
|
A contest on which betting
limits are cut (the primary reasons for games to be circled are injuries and
weather)
|
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Cover
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A pointspread win
|
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Degenerate
|
A compulsive gambler
|
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Dime
|
$1,000
|
|
Dollar
|
$100
|
|
Earn
|
Percentage hold
|
|
Exotic
|
Any bet other than a
straight bet or parlay (in sports betting)
|
|
Exposure
|
The highest amount of money a sports book stands to lose on
a game
|
|
Figure
|
Amount of money owed to or
by a bookmaker
|
|
Form
|
A chart used for horse
racing information
|
|
Getting down
|
Placing a bet
|
|
Handicapper
|
A person who studies
factors such as statistics, injuries, weather and news to foresee the outcome of games.
|
|
Handle
|
Total amount of money wagered
|
|
Hedge
|
To reduce amount of action
by placing a bet on the opposite side of a previous bet
|
|
Hook
|
A half-point
|
|
Juice
|
Amount of commission kept
by the house (also referred to as vigorish or vig)
|
| |
|
Layoff
|
Money bet by a house with another
bookmaker to decrease its liability
|
|
Limit
|
Highest sum of money accepted for one wager
|
|
Line
|
The odds on a game (also
referred to as price)
|
|
Lock
|
A definite winner (there
really is no such thing)
|
|
Matador
|
A cover that occurs in the waning moments of a game (also referred to as a back door cover)
|
|
Mush
|
A bettor who brings bad
luck
|
|
Nickel
|
$500
|
|
Off the board
|
A game on which bookmakers are not accepting betting's (generally because of injuries)
|
|
Overlay
|
When the odds on a game
favor the players rather than the house.
|
|
Parlay
|
One bet ticket written with
at least two wagers (all must win for the ticket to cash)
|
|
Past post
|
Placing a bet after an event has started
|
|
Pick'em
|
A game with no favorite
(the straight-up winner also would win bets)
|
|
Price
|
1. The odds on a game. 2. Playing a favorite.
|
|
Puppy
|
The underdog
|
|
Round robin
|
A single ticket with comprised of more than one parlay. (in sports gambling).
|
|
Rundown
|
A list of odds on a
specific day's games .
|
|
Scalper
|
A player who bets both sides of a game.
|
|
Score
|
A big win.
|
|
Sharp
|
A stylish or professional
sports bettor.
|
|
Square
|
A beginning sports bettor.
|
|
Steam
|
Intense action on one side
of a game.
|
|
Straight bet
|
One bet (as opposed to a
parlay - in sports gambling).
|
|
Sucker bet
|
Parlays, teasers or exotics
(anything bookmakers use to entice squares to bet more)
|
|
Taking a
|
Betting an underdog
|
|
Tapped out
|
Penniless from gambling
|
|
Teaser
|
A easy target wager that
allows bettors to add and subtract points from posted odds
|
|
Tout service
|
A company that sells
selections on games (most in the United States
are dishonest)
|
|
Underlay
|
When the odds on a game
favor the house rather than bettors.
|
|
Value
|
See - "overlay".
|
|
Vigorish
|
Commission kept by the
house (also referred to as juice or vig)
|
|
Wise guy
|
A professional sports
bettor
|