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Action A bet or wager on an event
Agent A go-between of the player and the bookmaker.
ATS Short for Against The Spread.
Back Door When a team comes back to cover the spread when it seemed unlikely
Bad Beat When you lsoe a wager that you thought you had won
Bank Roll Your wagreing budget
Beard A person who places bets for another person
Bet A wager
Bookie A shortened term for the Bookmaker. Also known as the House
Chalk A term used to describe a point spread favorite
Choke Job Losing a wager you thought you had won
Cover Winning a point spread wager
Dime Betting lingo for $1000
Dip Another term for a Teaser wager
Dog Short for a point spread Underdog
Dollar Betting lingo for $100
Even Money A wager where you win your stake and no commission is taken
Figure How much you are owed or owe the book maker
Handicapper A person who offers betting advice for fee
Hedge Placing a wager on the opposite side of a previous wager to prevent a loss
Juice The commission paid to the book maker on a losing bet
Limit The minimum or maximum wager a book maker will accept
Lock A term used for a wager that seemingly can’t lose
Middle Placing wagers on opposite sides of the same game to ensure a profit regardless of outcome. Also know as a scalp
Nickel Betting lingo for $500
Off The Board A contest in which there is no betting line available
Parlay A single wager in which two are more teams are bet. In order for the wager to win, all the teams need to cover their point spreads
Past Post Placing a wager after an event has already begun
Point Spread The betting lines a book maker assigns to an event
Push Neither a win or a loss. A tie
Runner A person who places bets for another person
Scalp Placing wagers on opposite sides of the same game to ensure a profit regardless of outcome. Also know as a middle
Sharp A successful or professional bettor
Square An amateur bettor
Steam When large sums are wagered on a specific bet in a short period of time
Teaser A single wager on multiple teams where you are given "points" to adjust the odds of an event based on the number of teams involved
Tout Another term for Handicapper
Wager Another term for a Bet
Wise Guy Another term for a Sharp or professional bettor
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How To Bet Guides

Are you new to Sports Betting? If you are or, if you just want to try betting an unfamiliar sport, here are some guides to help you out!

How to Bet Baseball

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