In order to buy points in favor of the team he’s betting on, a gambler must accept worse odds on the bet’s payout.įind our guide on “ Buying Points on the Spread“.Ī combination of the point spread and the money line in hockey. Buying points refers to a gambler changing the point spread on his bet. Sometimes gamblers are allowed to change the lines and odds set by the sportsbook. Going broke, bankrupt, losing your bankroll. Bookie usually refers to an illegal bookmaker. Take a look at which are the best online sportsbooks in the US. Book can refer to an individual person or a venue or establishment that offers sports gambling. BookĪ slang word for bookmaker or sportsbook.

Bonuses can also be given to existing customers. BonusĪ special offer or promotion offered by a sportsbook where they give potential customers a free bet or bonus cash in order to entice them to sign up. The odds or point spread on a game or event. Betting RingĪn organized group of professional gamblers working together. Wagering the maximum amount allowed by the casino or sportsbook. Someone who places a wager on behalf of someone else. In sports, it usually means that something happened unexpectedly late in the game to cause you to lose your bet, such as a late turnover touchdown in football. Bad BeatĪ poker term that means losing when you’re the heavy favorite to win, sports gamblers also use the phrase bad beat. Someone who is bankrolling a gambler from behind the scenes. When a team is trailing the point spread by scores enough points late in the game to cover the spread. A team that’s 3-2 ATS has beat the point spread three times and failed to beat it twice. ATSĪ team’s “against the spread” record refers to how many times it’s beaten the point spread. Click here for a guide to arbitrage and betting the middle. Arbitrage is similar to “betting the middle” when a casino’s line moves. By identifying a gap in the lines it’s possible to bet on both sides and guarantee yourself a profit. ArbitrageĪrbitrage is a clever betting strategy that takes advantage of different betting lines at different sportsbooks. Usually, the gambler gets better odds but must risk losing their bet entirely if the selection withdraws from the event or is unable to participate. Gamblers who use extra information to get an edge are using “angles.” Ante-Post Pieces of information or other factors that influence the outcome of a game or a player’s performance. If you bet on the underdog at +150, on the other hand, you will win $150 in profit for every $100 you bet.įor more on that check out our guide on “ How to read American Odds“. Odds of -150, for example, mean you must wager $150 to win $100 in profit. The numbers tell you how much you will win relative to how much you bet.

Odds are expressed with a number preceded by a minus sign (favorite) or a plus sign (underdog). American OddsĪ style of expressing money odds most commonly used in the US. Some casinos offer adjusted spreads, totals, and handicaps with a corresponding change in the bet’s money odds. Also RanĪn athlete, horse, or car that doesn’t finish first, second, third, or fourth. UK slang for the commission or “tax” levied by the bookmaker.

In horse racing, betting across the board refers to placing equal bets on a horse to win, place and show. Gamblers love this kind of bet because it offers huge payouts. All bets included in the accumulator must-win for the overall bet to win. Keep reading for the alphabetized list in our betting glossary and you’ll be walking the walk and talking the talk in no time.Īnother name for a parlay wager in which multiple bets are bundled together. And it’s very hard to do that without mastering the gambling lingo. If you want the best chance of winning big, it’s really important to do your homework and fully understand all your betting options. Knowing the language is about more than just fitting in and sounding cool, however. We’ve compiled a comprehensive archive of even the most obscure sports betting words and terms. If you’re new to the betting on sports and find the terminology a bit intimidating, don’t worry. For beginners, listening to hard-core gamblers using sports betting lingo can be like hearing a completely different language. Like all gambling culture, sports betting has a deep lexicon of slang and special vocabulary.

Bookmaker meaning