Soccer betting is hard, but it can be harder if you do not know the complete sports betting termsneeded to get by in wagering on games.Now, we know how confusing sports betting lingo can be, particularly to new bettors, so thisarticle is a glossary of the most used betting terms you might have seen one or two places whilemaking your predictions.Giving you this list is intended to help you stay in the know and get a deeper understanding ofsportsbetting whether you’re a professional or new bettor.Complete Sports Betting Terms You Should Know Action Against the spread American Odds Bankroll Bad Beat Buy Points Cover Chalk Consensus Dime Dog Dollar Edge Even Money Favourite Field Future Grand Salami Hedging Hook Handicap In-game / In-play Betting Juice Joint Favourite Key Numbers Limits Lines Middle Moneyline Multiple Bets Nickle No Action Off The Boards Oddsmaker (Linemaker) Parlay Pick’em Props Bet Real Time Odds Run Line Steam Move Spread Teaser Taking The Points Under Underdog Wager ActionAn action is any kind of wager or bet you place on a game. Against the spreadThe result of a game including the point spread, or the margin in which a team or player isfavoured in an event. American oddsAmerican moneyline odds represent 1.91 decimal odds and 10/11 fractional pricing. Here, awinning bet of $110 gives $100 profit. BankrollA bankroll is the available amount you have to wager with. Bad BeatA bad beat is when a wager promises to win, but ends up being a loss. Buy points You can get a better line by using alternative point spreads and game totals. CoverIn football and basketball you can win your bet if you cover the point spread. ChalkChalk is the favorite team in a match. ConsensusA breakdown of the total bets on an event shown as percentage form to indicate which team hasmore action. DimeA dime is $1,000 bet. DogThe Dog or underdog is the weaker team or the team bookmakers predict will lose a match. DollarDollar is a $100 bet. EdgeAn edge is your advantage as a bettor over the house or bookmaker, typically when you have anexpected positive value. Even MoneyAn Even money is a wager where you are not paying any vigorish ( +100). Its simply placing a$100 bet to win $100 . FavoriteThe stronger team or the one expected to win a game by the bookmakers. FieldYou bet the field in proposition (prop) bets. This is an accumulation of all the teams or playersthat are not listed. FutureThis is a bet placed on the future outcome of a sporting event. Like who wins MVP or theStanley Cup. You get payment for future at the end of a season if your prediction happens. Grand SalamiGrand Salami is the over/under total of how many goals or runs that will be scored in all thegames of a specific hockey or baseball league. HedgingThis is when you bet the opposite of your previous bet with the assurance of winning a smallamount of money. HookHook is the extra half-point you get. Buying a hook around three and you get a line of 3.5. HandicapHandicap, spread or points betting is when oddsmakers even a game by putting a spread on it. In-game / In-play bettingThese are bets placed after a game has started or is in progress. JuiceThe cut, commission or amount charged by a sportsbook for taking your bet. Joint favoriteThis is when the same odds are offered by two or more sides in a single event. Key numbersThese are the most common defeat margins, often used in football games where a team wins by amultiple of three or seven. LimitThe maximum amount a sportsbook can take on a single event. LinesAnother word for odds. MiddleThese are bets that payout on two sides. You can middle when a point spread goes up or downbefore a match. MoneylineStraightforward bets that have no point spread and involve predicting an outright winner. Multiple betsSingle wagers that back two sides or more on the same ticket. To cash out on multiple bets, allsides backed must win. NickelA nickel is a bet of $500. No ActionNo Action is a game that is no longer accepting bets and all wagers are refunded. Off the BoardAn off the board is a game or event a sportsbook won’t let you bet on. Oddsmaker (Linemaker)An oddsmaker is a person who sets the opening line on a game. ParlayA parlay is when you place multiple bets and tie them together, to get a higher payout here, allyour events will have to win. Pick’emA pick’em is a game with no favorite or underdog. Prop BetsProp bets are made for events in a game rather than the outcome. It can be a bet for passing yardsor goals scored by a single player. Real Time OddsThese are live lines that update the second sportsbooks adjust their lines. Run LineRunlines in baseball or hockey, lets you add runs for the underdog or minus run points from thefavourite. Steam MoveA steam move is a sudden, drastic and uniform line movement across the sports bettingmarketplace. SpreadThe margin by which one team or player is favored in an event. TeaserA unique bet where you can adjust the point spread or total for a game. The more you change thespread, the lower the payout amount becomes. Taking the pointsTaking the points is when you bet an underdog against the spread. UnderAn under is a combined score of two teams which is less than what the sportsbook set. UnderdogThe weaker team in a game. WagerA wager is any type of bet.
