| HISTORY |
| BETTING |
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The NFL has risen to the front
of the line in popularity and one of the main reasons for its
success is betting. NFL Odds can be found everywhere from
newspapers, computers, and on the ticker on ESPN. The reason pro
football is so popular is because there are only 32 teams in the
league, teams play just one game a week and many games can be
found on free television. Playing only once a week makes it much
easier to follow a team since NFL is not an everyday event such
as baseball and basketball.
Betting
Terms 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 Action - A wager of any kind Bad Beat - Tough Loss Beard - Messenger bettor Buck - $100 Chalk - Favorite Circled Game - Game where action is limited due to uncertainties about weather, injuries, etc. Cover - Win by more than the pointspread Dime - $1000 Dime Line - Slang used to designate the 10 cent money line. The money line difference (10 cents) between what a bettor would lay with the favorite or take back with the underdog; see 10 Cent Line. Dog - Underdog Dollar - $100 Edge - Advantage Even Money - A wager on which neither side lays any odds or vigorish Exotic Bet - Action other than a straight bet or parlay 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 word used sometimes for football Futures - Wagers made, or lines/odds posted on an event or outcome taking place some time in the future, e.g. betting during the season on the Super Bowl winner. Get Down - Make a bet Grand Slam - The four major tennis tournaments: Wimbledon, Australian Open, French Open, U.S. Open. Also the four major golf tournaments: The Masters, U.S. Open, British Open, PGA Championship (Professional Golf Association). Also in baseball, a homerun with the bases loaded, scoring four runs. 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
Halftime Line - A line on only the first half, or
only the second half scoring of a football Handicapper - One who studies sports and predicts outcomes Hedge - Bet the opposite of your original wager in order to reduce the amount of exposure you have on a game Hook - Half point in pointspreads "Hoops" - Slang word used to indicate the game of basketball Home Field Advantage - Edge the home team is expected to have as a result of familiarity with the playing area, favorable demographics and effect of travel on the visiting team Hoops - Basketball Hot Tip - Information the bookmaker is not yet privy to IBF - International Boxing Federation Juice
- Bookmaker's commission, most often refers to the 11 to 10
football bettors lay Lay The Points - A wager on a favorite in a pointspread contest Lay The Price - A wager on a favorite in a moneyline contest Limit - Maximum bet accepted by the house before the price will be changed Line - The moneyline, odds, or pointspread of any given contest Listed Pitcher (LP) - The pitcher or pitchers listed by Las Vegas oddsmakers as robable starting pitchers for a scheduled baseball game Lock - Easy Winner Longshot - Large underdog Middle - To win both sides of a game. For example, if you bet the underdog +3 1/2 and the favorite -2 1/2 and the favorite wins by 3, you've middled the book. The book has been middled. MLB - Major League Baseball Moneyline - The amount you must bet to win 100 or the amount you win if you bet 100 MVP - Most Valuable Player. Leagues give MVP Awards to the best regular-season and to the outstanding player in championship games or series NBA - National Basketball Association NCAA - National Collegiate Athletic Association Neutral Site - Arena, court or field where neither side has a home field advantage NFL - National Football League NHL - National Hockey League Nickel - $500 NIT - National Invitational Tournament Off The Board - Game where no bets are being accepted Over/Under - A bet on whether the combined total of the points/goals scored by the two teams will exceed or be less than a specified number Overlay - When the odds on a proposition are in favor of the bettor 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 bet with two or more teams where all the
teams must win for the bettor Past Post - To make a bet after an event has started Penny Line - A money line that is adjusted in increments of a penny, or one cent at a time Pick or Pick'em - A game where neither team is favored Player - Bettor, gambler Pointspread - The handicap, or head start, which the favorite gives to the underdog for betting purposes Press - To bet a larger amount than usual Price - The moneyline odds on the favorite of a given match "Pucks" - A slang word used to indicate the game of hockey Puppy - Underdog Push - A tie between the bettor and the bookmaker that is the result of the score of an event falling exactly on the pointspread number, or the total points number Rain Out - A contest that has been canceled because of bad weather Round Robin - A series of parlays. A three-team round robin consists of one three-team parlay and three two-team parlays Rundown - Line update Runner - Messenger bettor; see beard Ryder
Cup - A golf tournament between American and
European golfers that is staged Scalper - One who attempts to profit from the differences in odds from book to book by betting both sides of the same game at different prices Score - To win a lot of money Scratch - Withdraw; cancel Sharp - Wise guy Side
- To win one side and tie the other. For example, if you lay
-2 1/2 and take 3 on Side Bet/Side Wager - A wager on a particular team, or side, to win a contest Soft Line - A wagering line that is not current with the true posted line. A line that has been adjusted or moved as a result of action and does not reflect the true line as posted. Spread - An abbreviated form of pointspread Stanley Cup - NHL Championship Steam - When a betting line starts to move quite rapidly. Most "steam games" do not necessarily reflect the "right side", but are games that the mass of bettors somehow decide to key on Straight Bet - A single wager on a selected side or over/under
Sudden Death - An overtime period in which the
first contestant to score is declared the winner Superbowl - NFL Championship game Take A Price - A wager on the underdog in a moneyline contest Take The Points - A wager on the underdog in a pointspread contest Teaser - A bet on 2 or more teams where the line on each team is adjusted in the favor of the bettor. Like a Parlay, all selections must be correct for the teaser to win The Big Dance - The 64 team, post season college basketball championship tournament Toss Up - Game where the line is close to pick-em Total - The line on a given contest, representing the combined number of points/goals scored by the two teams; see over/under Tout Service - A business that sells opinions on sporting events Underdog - The contestant in any given contest that is considered the least talented, or has the least chance to win the contest Underlay - When the odds on a proposition are in favor of the house Value - An overlay Vigorish - Bookmaker's commission, most often refers to the 11 to 10 football bettors lay on straight wagers. Also known as juice. WBA - World Boxing Association WBC - World Boxing Council Wise Guy - Established and successful sports bettor WNBA - Womens National Basketball Association World Series - MLB championship; The final seven games of the baseball playoffs between the two league champions to determine the world champion.
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