Sportsbook Wagering Terms S-X

Win a lot of money.
To gain (1 or more points) in a game or contest
A usually numerical record of a competitive event
Withdraw; cancel.
A description of a sophisticated or professional sports bettor
When a team fails to score during a game or contest
In sports betting, the names of the two teams playing; the underdog and the favorite
Another term for a straight bet
Single Action
An "if bet" in sports gambling that is processed only if the precedent bet wins.
Sport Player
A bettor who waits for games and events that he's believes are very strong wagers.
a person or company that accepts bets.
a short form of Point Spread
A novice sports bettor
Stanley Cup
Best-of-seven series between the Eastern and Western conference champions in the NHL to determine the NHL Champion.
Standard Line
The line at which a money line, attached or otherwise, is set and is presumed to be at if not shown for a game or a spread.
Another term for a Bookie
Straight bet
A single wager on a competitor to win or lose.
A bet that only requires the team to win without a point spread attached.
Super Bowl
One football game for the NFL Championship played between the winners of the American and National Football Conferences.
A method of betting, usually mathematically based, used by a bettor to try to get an advantage by looking for trends from past games in order to more accurately predict the outcome of future games.
Theoretical Hold Percentage
The edge the bookmaker would have if the odds guaranteed him a constant commission regardless of the outcome.
Taking the points
Betting on the underdog on the spread
Taking the price
Betting on the underdog on the moneyline
A teaser is a special type of parlay in sports betting in which you adjust the point spread or total of each individual play. The price of moving the point spread (teasing) is lower pay off odds winning wagers.
A transaction record of your wager
See Push
Toss Up
A game where the teams are very close to even and the lines may as well be even; a pick 'Em.
The combined amount of runs, points or goals scored by both teams during the game, including the overtime
Totals Bet
In sports gambling this is a proposition bet in which the bettor speculates that the total score by both teams in a game will be more or less than the line posted by the sports book.
Someone who sells their expertise on sports wagering
Using the past to predict the future outcome of a team's results
True Odds
The real odds of something happening as opposed to what bookies offer
Two & Three Ball Betting
A golfing bet that involves predicting which player from either a group of two or three will shoot the lowest score over 18 holes. Usually found under the Golf Props section.
Union of European Football Associations
Ultimate Fighting Championship
an under is a wager in which the bettor guesses that the total points scored by two teams will be under a certain total.
The team perceived to be most likely to lose. Also known as the "dog"
When the odds on a proposition are in favor of the house.
In sports betting value means getting the best odds on a wagering proposition; the highest possible edge
The bookmaker's commission on a losing bet; also known as Juice
To risk money on the outcome of an event
Win only
A type of 'If' bet where the wager continues on to the second bet only if the first bet wins. If the first bet is graded "Push" or "No Action" or the game is canceled altogether, your money is refunded.
Wise guy
A wise guy is the sports gambling term for a well-informed or knowledgeable handicapper or bettor.
Women's National Basketball Association
World Series
Championship of Major League Baseball (MLB). The seven game final of the baseball playoffs between the AL and NL champions to determine the world champion.
An unknown or intangible that could affect the outcome of a game but can't be measured by the senses. It could be a newborn in the family, a death or the effect of crowd noise on adrenaline.

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