Accountant - What some call their bookmaker
Across the Board - Wagering on a horse to win place & show.
Action - A bet .
Agent - A person that places customers into a book for a commission.
Alpo - The underdog
Back Door Cover - When a team usually out of the game scores meaningless points to cover the spread.
Bad Beat - A game you thought you had won and then lose.
Beard - A person who makes plays for someone else; a runner.
Beef - A claim or dispute with your bookie over the outcome of a bet.
BM - Bookmaker
Book/Bookie - Short for bookmaker or a person who takes bets.
Bow-wow - An underdog.
BR - Your bankroll
Chalk - The favorite.
Chalkeater - A person who plays only favorites.
Circle/Circle Game - A game where the betting limits are lowered, usually due to injuries and/or weather.
Clone Joint- A sportsbook that moves its lines to conform with everyone else
Cover- Win the game by more points then you laid or lose by less points then you had taken, a pointspread win.
Degenerate A compulsive gambler. US GUYS US
Dime- In betting terms, $1000
Dog -The underdog
Dollar- In betting terms, $100
Earn- Percentage hold.
Even Money- A wager on which a side lays no juice or vigorish.
Exotic- Any wager other than a straight bet or parlay; a proposition or "prop".
Exposure -The maximum amount of money a sports book stands to lose on a game.
Figure- What you won or lost last week or the amount in you account; or, an amount owed to or by a bookmaker.
Form- A tabloid used for horse racing data.
Futures -Bets made on one day that don't take place on that day, but take place on a later day.
Getting down -Placing a bet.
Handicapper- A person who studies factors such as statistics, injuries, weather and news to predict the outcome of games.
Handle- Total amount of money wagered.
Hedge- To reduce amount of action by wagering on the opposite side of a previous bet.
Hook- The half point in point spreads. As in 6.5, 6 and a hook.
Juice- Amount of the commission kept by the house, also called vig or vigorish
Laying a price- Playing a favorite.
Layoff -Money bet by a house, with another bookmaker, to reduce it's liability.
Limit -Maximum amount of money accepted for one wager.
Lines- The odds on a game (also refered to as price).
Lock -Used to describe an easy winner or a can't lose game.
M.L.B. -Major League Baseball
Martini- A legal pain killer for losing days
Matador -A cover that occurs in the last moments of the game (also refered to as a "back-door-cover).
Middle- Betting both sides of a game at different prices with the hope of winning both wagers: example - if a bettor played Chicago (minus 4) and Los Angeles (plus 6), and Chicago won, 100 - 95, the bettor would win both bets, or "catch the middle").
Middler- A player that bets both sides of the game.
Mush- A bettor who is bad luck.
N.B.A.- National Basketball Association
N.C.A.A.- National College Athletic Association
N.F.L.- National Football League
N.H.L. -National Hockey League
Newbie -A person who is new to gambling or to forums. A rookie.
Nickel -In betting terms, $500
Off The Board- A game on which bookmakers are not accepting wagers (generally because of injuries).
Overlay- A situation in which the odds on a game favor the bettor, rather than the house.
Parlay- A one bet ticket written with at least two wagers (ALL bets must win for the ticket to cash) Example- Yankees to win, Raiders to win. Both teams MUST win for the bettor to win the wager. If either loses, the ticket loses.
Past Post- A bet made after the start of a game or horse race.
Pick/Pick'em- A game where neither team is favored, an even game.
Pointspread -The amount of points or goals that the favorite gives the underdog for betting purposes.
Price -The odds, or line, on a game.
Pup tenter- A company who sets up shop for a season, then disappears with bettor's deposits.
Puppy- The underdog.
Push- A tie.
Round robin -A single ticket which is comprised of more than one parlay.
Rundown -A list of odds on a particular day's game.
Runner -One who places bets for another; a beard.
Scalper-- A player that lays a low number and takes a higher number...usually plays at no risk.
Scamdicapper- A tout that gives outlandish promises about win percentages and expectations.
Score -A big win.
Sharp -A sophisticated or professional sports bettor.
Spread- Short for pointspread.
Square- A novice sports bettor; rookie.
Steam -When a large amount of money starts to come in on one side of a game and the line moves rapidly.
Straight bet -One wager (as opposed to a parlay).
Sucker bet -Parlays, teasers or exotics (anything bookmakers use to entice squares to bet more).
Taking a price- Betting on an underdog.
Tapped out- Broke from gambling.
Teaser -A type of bet where you get to adjust the point spread in your favor.
The short The underdog
Total- Number put up by a bookmaker on a game where a player bets either over or under the # of runs, points or goals scored in that game.
Tout (service) A person (or company) that either sells or gives away selections on games.
Tweeners- A book that has all it's numbers in the middle of all other books.
Underlay -A situation in which the odds on a game favor the house, rather than the bettor.
Uniforms -Referees, officials
Value- An overlay.
Vig/Vigorish -An amount of commission kept by the house, also called juice.
Wager A bet.
Wise Guy- A smart bettor, one that plays the "steam" before it becomes "steam"; a professional sports bettor.
Zebras -Referees
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