SPORTS BETTING TERMS
ACTION - Any bet or wager
ATS - against the spread
BOOK - A sports book or betting establishment that sets odds and accepts wagers on the outcome of sporting events.
CIRCLED GAME - A game in which the sports book reduces its normal betting limit usually because of an injury or weather condition.
COVER - When the team wins by more than the point spread.
DIME - $1000
DIME LINE - A money line in which the vigorish or bookie's juice amounts to 10 percent. (No point spread involved)
DOG - the underdog or the team getting points.
DOLLAR - $100
EDGE - Advantage
FUTURE BET - Bets accepted well in advance. Examples include betting on which team will win the World Series or Super Bowl months before the event.
LINE - The current odds or point spread on an event.
LOCK - A term meaning can't lose. (NO SURE THING)
MIDDLE - When both sides of a point spread proposition win.
ODDS-ON-FAVORITE - A horse, team or individual so favored by the public that the odds are less than even.
OFF THE BOARD - A game in which the sports book is not taking wagers on.
POINT SPREAD - The predicted scoring differential between two opponents listed by a sports book.
POST TIME - The scheduled starting time.
PUSH - A tie in the betting.
ROUND ROBIN - A method of parlaying two or more teams in all possible two-team parlay combinations.
SIDE - When one side of a betting proposition wins and the other side ties.
STRAIGHT-UP WIN - A victory by a point spread underdog.
TAKE THE POINTS - A wager on a underdog.
VIGORISH - The juice or commission taken out by the sports book for accepting the bet, usually 10 percent.
WAGER- Any bet.
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