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Listed below you'll find a glossary of some of the more common terms you may here while betting on sports or sitting in a sportsbook in Las Vegas. Enjoy!

10 CENT LINE-The money line difference (10 cents) between what a bettor would lay with the favorite or take back with the underdog; see Dime Line.

20 CENT LINE-The money line difference (20 cents) between what a bettor would lay with the favorite or take back with the underdog

ACROSS THE BOARD-Horse/Dog must finish 1st, 2nd, or 3rd. If it wins, it pays out for all three positions. If it places, it pays out for place and show. If it shows, only pays show.

ACTION-Wager

AGENT-Person that sends players to books for commission

AWOL-Person that skips town on their book without paying

BACK DOOR COVER-A team comes back in the end to cover the spread

BAD BEAT-Sure winner turned to a loser

BANKROLL or BR-Your gambling money

BEARD-Person making wager for a wiseguy

BEEF-A dispute over the outcome of a bet

BM-Bookmaker

BOOKIE-Person who takes bets or "action"

BONUS -Addition to your deposit. Usually 10%-20%

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BUCK-$100 wager

CHALK-Favored team

CHALK PLAYER-Bettor who almost always plays favorites

CIRCLED GAME-A game in which limits may be limited due to an injury, uncertainty of a player's status, or inclement weather

CLONE JOINT-A book that copies others lines

CORRELATED PARLAY-Too lengthy to explain here. Check out our definition here .

COVER-Beating the spread

DAILY DOUBLE-Horse/Dog racing wager in which you must pick the winner in consecutive races

DEAD HEAT-When two horses finish in a tie.

DEGENERATE-Compulsive gambler

DIME-$1000

DIMELINE -10cseparating the fav from the dog. Much better value than a 20c line!DOG-Team getting points or getting + odds

DOLLAR-$100

EDGE-AdvantageEVEN MONEY-No odds or vig

EXACTA-Horse/Dog racing wager in which you must select 1st and 2nd place in exact order

EXOTIC WAGER-Usually refers to a proposition wager

EXPOSURE-The amount of money one actually stands to lose on a game or race.

FAVORITE-The contestant in any given contest that is considered the most talented, or has the best chance to win the contest.

FIRING-Betting a lot. A player who is "firing" is wagering large sums.

FOOTS-Slang term used for Football

FORM-A tabloid used for horse racing

FORUM -Place where gamblers congregate to discuss the upcoming games

FUTURES-Wager in which your gambling on the result of a team relative to season wins, standings, playoff finish etc

GAMBLING-Wagering money with the intention of profiting more money.

GETTING DOWN-Placing a wager or bet

GRAND SALAMI-A slang word for the over/under total for the combined score of all the hockey contests on the schedule for that day.

HANDICAPPER-Person who analyzes games and predicts outcomes on sporting events

HALFTIME LINE-A line on only the first half, or only the second half scoring of a football or basketball game.

HANDICAPPER-Somebody who analyzes, studies, and forms an option with regard to betting on a game, horse race, etc.

HANDLE-Total amount of money wagered

HEDGING-The placing of a bet on the other side in order to cut losses or guarantee profit on a wager

HOOK-1/2 point

HOT TIP-Information the bookmaker is not yet privy to.

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JUICE-Book commission

LAYING POINTS-Playing the favorite

LAYOFF-Money bet by a house with another bookmaker to reduce its liability

LIMIT-Maximum amount of money accepted for one wager

LINE-Odds or spread on a game

LINEMAKER-The person or group that establishes the line, spread, or odds

LISTED PITCHER-You do this when you want guaranteed action on a game. If the listed pitcher does not start your game is no action. Conversley, if you list a game as action you get whatever pitchers start

LOCK-Guaranteed winner

MATADOR-A cover that occurs in the waning moments of a game (also referred to as a back door cover)

MIDDLER-Gambler that takes both sides of a game hoping for result to land in middle

MUSH-A better who is bad luck

NEUTRAL SITE-Arena, court or field where neither side has a home field advantage.

NICKEL-$500

ODDSMAKER-The person or group that establishes the line, spread, or odds

OTB or OFF THE BOARD-A game the book is not currently accepting action on. OTB is usually due to the uncertainty of the status of a player or inclement weather

OVERLAY-A situation in which the odds on a game favor the bettors rather than the house

OVERTIME-The continuance of a contest that is tied at the end of regulation time until a winner is determined or the maximum number of overtime periods have expired.

PARLAY-A wager in which you get enhanced odds however all games in your "parlay" must win or your ticket is void

PAST POST-To place a wager after an event has started

PICKEM-Wager in which the pointspread is zero

PLACE-Horse/Dog racing wager in which your selection must come in 1st or 2nd place in order to cash

POINTSPREAD-The betting line

PRICE-Odds or spread

PUPPY-Underdog

PUSH-Tie on wager

QUINELLA-Horse/Dog racing wager in which your two selections must come in 1st and 2nd place

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REDUCED VIG-A wager in which your laying less than the standard -110

ROUND ROBIN-A single ticket comprised of more than one parlay. Same as "boxing" in horse racing.

SCALPER-Gambler making a play on low odds favorite then finding higher odds underdog on same game resulting in no risk wagering

SCRATCH-Withdraw; cancel.

SERVICE -Handicapper(s) that sells opinions, analysis, and picks

SHARP-Astute bettor

SIDE-Picking a team to win (non total wager)

SHOW-Horse/Dog racing wager in which your selection must come in at least 3rd place in order to receive payout

SQUARE-Player that is always on favorites and overs. Also known as a gambling fool.

STEAM-Large amount of money being wagered on one side usually from a wiseguy

STRAIGHT BET-One wager (opposed to a parlay)

SUCKER BET-Parlays, teasers or exotics (anything bookmakers use to entice squares to bet more)

TAKING A PRICE-Betting an underdog

TEASER-Multi game card in which you can move the spread X amount of points (points and odds vary)

TOUT-Handicapper that sells opinions, analysis, and picks

TOTAL-Wager on the over/under in a game

TOUT SERVICE-A business that sells opinions on sporting events.

TRIFECTA-Horse/Dog racing wager in which your three selections must come in 1st, 2nd, and 3rd respectively

UNDERLAY-A situation in which the odds on a game favor the house rather than bettors
VALUE-An overlay.

VIGORISH-Amount of commission kept by the house (also referred to as juice or vig)

WIN-Horse/Dog racing wager in which your selection must win in order to cash on your selection

WISEGUY-The "steam" creator; sharp bettor; gambling pro.

Email us if you'd like to see an addition to this gambling glossary or if we missed some wagering terms!

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