Your guide to the most common sports betting terms, with examples – New York Post

Sports bettingtermscan be confusing, and the more you bet, the moretermsyoull want to learn.VSiN, The Sports Betting Network, and the New York Post have you covered with this list oftermsto improve your betting IQ.

Action A bet or wager.

Against the spread The result of a game including the point spread.

Bad Beat A bet that looks like the bettor is going to win but doesnt.

Book (Sportsbook) A place where someone can bet on the outcome of sporting events.

Buck A $100 bet.

Chalk The favoriteina game.

Consensus Percentage of the betting public on each side of a game. Some bettors will bet against the public money (whichever team more bettors have placed their bets on).

Cover The betting outcome on a point spread bet. For a favorite to cover, it must win by a number higher than the spread. An underdog can cover by losing by a number less than the spread or by winning the game outright.

Dime A $1,000 bet.

Dollar A $100 bet.

Edge The advantage a bettor has before a bet is placed.

Even (Even Money) A $100 bet to win $100 .

Favorite A team favored to win a game.

Future bets A bet on events that will happen furtherinthe future, like who will win a division or who will win a championship wellinadvance.

Handle The total amount of money wagered on a game.

Handicapping Researching sports statistics to pick winners.

Hedging Betting opposite of a previous bet to guarantee winning at least a small amount of money.

Hook A half-pointinthe spread

In-game wagers Bets made after a game started.

Juice A commission books win on each bet.

Limit The maximum allowed wager on a single bet.

Lock A large favorite.

Long Shot A large underdog.

Moneyline bet A bet made if a team will win or lose outright with no point spread.

Nickel A $500 bet.

No Action A game that is no longer taking bets and all wagers are refunded.

Oddsmaker (Linemaker) Someone who sets the opening line on a game.

Off the Board A game bettors can not wager on.

Over The combined score of two teams is more than what the sportsbook set.

Parlay A a bet that combines multiple games for a higher payout. The more games, the higher the risk but the greater the payout.Inorder for the parlay to win, each game must win or push (tie). If any of the games lose, the entire wager loses.

Pickem A game with no favorite or underdog.

Point spread Margin of victory set by oddsmakers to attract bets action on both the favorite and the underdog. A favorite must win by a number higher than the point spread to cover the spread. An underdog can cover by losing by a number less than the spread or by winning the game outright.

Puckline Hockey has a point spread of -1.5 for the favorite and +1.5 for the underdog.

Proposition bets (prop) A bet on anything that is not directly tied to the outcome of the game. For example, it can be the first team or the first player to scoreina game.

Push When neither team covers the spread (the actual margin of victory lands exactly on the spread), no one wins the bet and all wagers are refunded.

Runline Baseball has a point spread of -1.5 for the favorite and +1.5 for the underdog.

Sharp (Wiseguy) A professional sports bettor.

Steam A quick change on a line due to heavy wagering.

Taking the points Betting an underdog against the spread.

Teaser Similar to spreads, teasers are favored towards the bettor but have a lower payout.

Total bet (over/under) A bet on the combined number of points scored by both teamsina game, including overtime/extra innings.

Under The combined score of two teams is less than what the sportsbook set.

Underdog (dog) A team not favored to win a game.

Wager A get placed at a sportsbook.

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Your guide to the most common sports betting terms, with examples - New York Post