πŸ’° Sports Betting Terms & Glossary | The Action Network

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Sports Betting Glossary. Before we get started if you're interested in seeing these glossary terms in action feel free to visit these sports betting strategy pages.


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Against The Spread.


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Sports Betting Dictionary. Dictionary Before you start combing through online bookmakers and gambling articles, it's wise to learn the proper terminology. Only​.


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Slang term for a $ sports bet. Dog. Abbreviation of underdog; the selection perceived by the market as least likely to win. Double action. A bet which is.


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OTB: An acronym for Off-Track Betting. Outsiders: Contestants or players not expected to win. They are generally offered (if at all, in some cases) at very long odds.


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Terminology can be confusing if you're new to sports betting. Read on to find out what some of the most common sports betting terms mean.


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Slang term for a $ sports bet. Dog. Abbreviation of underdog; the selection perceived by the market as least likely to win. Double action. A bet which is.


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OTB: An acronym for Off-Track Betting. Outsiders: Contestants or players not expected to win. They are generally offered (if at all, in some cases) at very long odds.


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A comprehensive sports betting glossary that explains a number of the most commonly used terms. Learn about popular phrases used when betting on sports​.


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Get definitions for the most popular sports betting terms and gambling terms to help make you a more informed bettor. Download our app to learn more today.


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Parlay β€” When a bettor makes multiple bets at least two and ties them together, you need multiple events to all win for higher payouts. Often times bettors will buy points in football around key numbers such as 3 and 7. Future β€” This refers to bets that come down in advance of an event. By PJ Walsh. This is a risky proposition, but potentially very lucrative. Please try again. They're available to everyone and there's no limit to how many you can bet. This will typically refer to an instance where you have a positive expected value. This alternative allows you to add runs for the underdog, or subtract them from the favorite. In a spread sport, this happens if the favorite wins by the exact spread. To get a complete rundown on where legal betting stands in your state, check out our complete guide here , but the main states to know for online betting are Colorado , New Jersey , Pennsylvania , Indiana and West Virginia. Added Game β€” A game that is not part of the regular Las Vegas rotation. In spread based sports like basketball or football, this is a line of 0. Live Odds. This means that a favorite has to win by at least two runs for you to win your bet, while an underdog could either lose by one run or win straight-up to win the bet. Odds boosts are simply regular bets offered at enticing odds. The more you change the spread, the lower the payout becomes. For example, if you bet a 7-point favorite and they win by nine, you have covered the spread. Draw β€” Also known as a push. Instead, these sports offer a moneyline in which you bet on whether or not a specific team is going to win straight-up. Reverse-Line Movement β€” Betting line movement that contradicts the public betting percentages. Supreme Court overturned the federal ban on sports betting in May , multiple states have launched robust mobile betting operations. Contrarian Betting β€” Also known as betting against the public, contrarian betting finds value by betting on games with lopsided betting percentages. Favorite β€” The team bookmakers expect will win their game. Something went wrong. Oftentimes this will be a rescheduled game or the second game of a doubleheader. Public Betting Percentage β€” Also referred to as public betting trends, we offer real betting percentages from seven contributing sportsbooks. Expert Picks. See live odds and the best lines for every game. Download the Action app to track all your bets in one place. Steam Move β€” A sudden, drastic and uniform line movement across the entire sports betting marketplace. Sportsbooks Offers. In a moneyline sport this happens if the game ended in a tie. FDSportsbook on Twitter. Typically, books offer , which means that you need to win Some books will offer reduced juice with lines between and Key Numbers β€” This represents the most common margins of defeat, and is used frequently in football where many games end with one team winning by a multiple of three or seven. If a game falls exactly on the spread, there is no winner and bettors will receive their money back. The glossary below contains many of the most commonly-used terms, concepts and strategies that you will see on this site and across sports betting as a whole. Pictured: FanDuel Sportsbook Bookmaker β€” A person who is licensed to create betting lines and take wagers. Bankroll β€” The available funds you have to bet with. How would you rate this article? Field β€” In proposition prop bets, bettors are often allowed to bet the field. These numbers represent real bets placed at real sportsbooks. Hook β€” In spread based sports, the hook is an extra half-point that bettors can get. Dog β€” Short for underdog, this is the team which bookmakers assume will lose the game. Juice β€” This is the tax that sportsbooks create for placing a wager. Oftentimes in football, bettors will buy the hook around key numbers like 3 to get a line of 3. Follow Us On Social. PRO Membership. For example, one can bet a Super Bowl future prior to the beginning of the season by selecting which team s they believe will win the championship.

Sports betting lingo can be confusing, especially those new to the industry. Sportsbook Reviews. If they combine to score fewer, the under wins. Buying Points β€” Paying an additional fee in order to get a game at a more attractive price. Download the App. The benefit of this is that you can bet more lucrative lines on favorites, but because baseball and hockey are such low-scoring games, this can be a risky proposition.

These percentages are integral for our betting against the public philosophy. Odds Boosts. Exclusive data helped you make smarter betting decisions.

The short answer: The sportsbook with the most advantageous sports betting glossary. This indicates that sharp money is taking Team B. Sports Betting Calculators. Hedging β€” Placing sports betting glossary on the opposite side after you have already placed a wager sports betting glossary one side.

Luckily, since the U. Cover β€” In sports sports betting glossary as football and basketball, a bettor wins their bet if they cover the point spread. Middle β€” Sports betting glossary occurs when you bet on both sides of a game and have an opportunity to win both bets.

This refers to an accumulation of all the teams or players that are not specifically listed. Now that you have a better understanding of some key sports betting terms, where should you be click at this page to place your wagers?

Push β€” When a contest ends without a winner. Arbitrage β€” The simultaneous purchase sports betting glossary sale of the same game in different markets to profit from unequal prices.

This can be used to either cut your losses, or guarantee a profit. Teaser β€” A special bet in which you are able to adjust the point spread or total for a game. Against the Spread ATS β€” Refers to taking or laying points aka the spread as opposed to taking a game straight up. A bettor receives payment at the end of the season if their selection did claim the title.

Even Money β€” A bet where you are not paying any vigorish i. Tout β€” An individual who sells their picks or their sports betting expertise to others. The best sports betting newsletter with trends, insights and news - condensed in a two-minute read. If both teams combine to score more than the total, the over wins.

Sports betting glossary the Board β€” A game or event that sportsbooks will not allow you to bet on. Prop Bet β€” A bet on something other than the outcome of a game.

Chalk β€” The favored team. Discover the best online sports betting sites and take advantage of bonus offers from legal sportsbooks.

How to Bet On Sports.

Real Time Odds β€” Live lines that update immediately as sportsbooks adjust their lines. Access betting systems and signals to get daily, actionable picks. See what plays the Action Network experts are making for all of today's games.