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
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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