Any bet or wager.
A sports book or betting establishment that sets odds and accepts wagers on the outcome of sporting events.
A game in which the sports book reduces its normal betting limit usually because of an injury or weather condition.
When the team wins by more than the point spread.
A money line (no point spread involved) in which the vigorish or bookie's juice amounts to 10 percent.
The underdog, or the team getting points.
Bets accepted well in advance. Examples include betting on which team will win the World Series or Super Bowl months before the event.
Betting the opposite team or side of your original bet in order to try to win or to reduce the size of the original wager.
The current odds or point spread on an event.
A term meaning can't lose.
When both sides of a point spread proposition win.
Odds expressed in terms of money. For example: 49ers minus $140; Redskins plus $130. 49ers bettor would lay $140 to win $100, while Redskins bettors would get $130 for every $100 they bet if the Redskins won.
A horse, team or individual so favored by the public that the odds are less than even.
A game in which the sports book is not taking wagers on.
An advantageous situation for the bettor in which the price on a given wager is greater than the real probability of its success.
A bet in which you wager if the total score by both teams will be more or less than the total posted by the sports book
Betting pools in which the odds are determined by the proportionate amounts bet on the individual entries.
A combination wager in which the person has to wager on at least two or more bets and collects higher odds if successful.
The game or contest is rated even with no favorite.
The predicted scoring differential between two opponents listed by a sports book.
The scheduled starting time.
PROPOSITION - (prop) BET
A wager offered by the sports book on a particular aspect of the game such as how many touchdown passes Peyton Manning will throw.
A tie in the betting.
A method of parlaying two or more teams in all possible two-team parlay combinations.
When one side of a betting proposition wins and the other side ties.
A victory by a point spread underdog
The juice or commission taken out by the sports book for accepting the bet, usually 10 percent.
A sophisticated bettor.