A list of sports betting terms, words, bet types and handicapping information to help the beginner sports bettor. Noob. A prop. 1) To train a young horse to wear a harness. When you bet the moneyline, you are simply betting on one team to win a game. Only deposits via cards will qualify. Ultimately, the chalk is the heavy favorite in a game and usually carries the. An example of reverse line movement: The Atlanta Falcons are 7. Moneyline- Taking either team to win the game straight up. Progressive Jackpots. With decimal odds, a 2. Dog (aka Underdog) – the term dog represents a team or a player who is expected to lose a game. Albatross: This golfing term describes when you score 3 below par on a hole. Over/Under. Example: Betting Patriots -2. Our glossary to sports betting terminology makes familiar phrases, meanings, and gambling slang simple for any bettor to learn. . Circle Game – is a match in which the betting action is strictly limited. Action. Someone taking a -160 NFL team with a $10 bet will win $6. Backdoor. 95 on a $100 bet. In this post, you’ll get a. In the case of the any seven bet in craps the true odds are 5 to 1, and the payoff is 4 to 1, so the house edge is (5-4)/ (5+1) = 1/6 = 16. Also called midnight. If you’re a new bettor, dealing with so many different terms and a new language can be intimidating and lead to mistakes in managing your bets. Other Gambling Terms. Against the Spread – The result of a game that involves a point spread. Let’s say the Eagles are -3. Adding On: Freedom to buy more chips. Bank Roll – a player’s budget for the roulette session. Dime: Slang for a $1,000 wager. Action - A bet or wager. " Square - A novice when it comes to sports betting. They know all the insides of a game, thus making it harder for you to win. 1. If your initial bankroll is $5,000 and your unit size is 1%, then your first bet is going to be $50 (assuming even-money odds). From 'gimmick' to 'blue chip,' here are some words for when you hit the jackpot. ABC Player. Meaning that 1 unit is $10. Flat Betting: a betting strategy. Alternate Lines – Additional odds offered that are higher or lower than the primary line posted. Book (Sportsbook) - An place where someone can bet on the outcome of. Bets on the point spread are usually offered at 11 to 10 odds. Four treble bets: abc, abd, acd, bcd. ” angle in: the angle at which a kicked or banked ball approaches a rail. com for Terms and Conditions. This term is widely popularized by Quake and also Ragnarok Online, but I have been using this term back in the old Half Life days. Subcategories This category has the following 2 subcategories, out of 2 total. Action: This is when you have a bet on a game, match, race, or season. A Trixie bet consists of four bets over three selections and is popular in gambling. Adding on to that, there are several different bets that you can actually place, each with a different meaning, purpose, and requirement for winning. An automatic roulette wheel spins a ball in the middle of all the screens. It’s most typically used in poker. You can also find variations where a real dealer will spin the ball. However, if your selected team wins or loses, the bet still. Dime Line. Sports Betting Terminology. Betting System: Players will use betting systems or strategies in blackjack to effectively manage and increase their bankroll. Edge - A person's advantage when it comes to sports betting. PK. Action – A wager of any kind. This is very important to professional gamblers. 5-point favorites against the Giants and are winning by four points. Over/Under: The total amount of points or runs scored in the game. The bettor can combine two or more wagers and adjust the point spread or total line by a predetermined number of points in their chosen direction. A popular sports betting term and often referred to as just “extra time,” especially in sports like soccer. Their role is the primary factor in turning a profit for bookmakers, and also a crucial factor for bettors to learn and respect. Craps Glossary and terms. Casino Glossary: Common Gambling Terms You Need to Know. Advantage Play – A playing style that uses certain quirks of the game to give the player an edge over the casino or dealer. ATS (“against the [point] spread”): A team’s record against the point. The standard juice charged at sportsbooks is 10%. Gaffed Wheel. From the blackjack table to the slot machines, seasoned gamblers like to use casino lingo to make bets, talk to croupiers and, well, to look cool. Accumulator bet – same as a parlay bet when you bet several games on the same ticket and need all the games to win in order to win your bet. 1X2 betting – 1X2 betting, meaning Team 1, Draw (X), Team 2, is a type of betting where the bettor bets on the outcome of a game with three possible results: Team 1 wins, draw, or Team 2 wins. Free $60 Account Today's Best Bet. Unfamiliar with common betting terms? The staff of the ESPN Betting section puts together a glossary of terms every bettor should know. Accumulator – A bet combining several selections in one betslip. 8K is the same, except we’re. BANKROLL A punters separate cash. These are some of the most common slang terms, but you could fill a dictionary with these things. You will also see this connected with a team. The bettor wins only if the horse finishes first. “I know you are. Dollar – another slang term for $100. Money lines are available for all games, but they are mostly used for betting on low ranked sports such as softball, hurley and football. Consequently, placing a straight up bet means that you’d be betting on the actual outcome of the game and that the point spread would be irrelevant. An accumulator is a bet with a single stake on four selections or more multiplied together, all of which have to win to generate a return. 18. Most progressive jackpots are tied to multiple machines so the jackpot grows quickly. Ace in the hole: Stemming from the hole card in poker, this is a hidden advantage a player can use to assure victory. Single Action - An "if bet" that's processed only if the precedent bet wins. Bankroll. Using this colloquial phrase or slang reveals its player's level of expertise in the gaming industry. 1. How We Rank Gambling Apps. 91 x 1. Share. Action – Any kind of wager or bet placed. If you bet the “under,” then naturally, you’re hoping both teams combine for 46 points or fewer. Mostly, shills join empty Blackjack tables to attract attention and bring in more players. I. Middle - Betting on both sides of a spread after the line moves in hopes that the final total or game score ends in between your numbers. Adding On: Freedom to buy more chips. If a team has covered the spread (outperformed the sportsbook’s expectations) in five games, you would say they are 5-0 ATS. A player who is a big tipper. The vig (short for vigorish) in sports betting is the house edge. ”. Often they replace events that have been canceled, but added games can occur for a variety of reasons. Correct score: Betting on the final score of the game. In other terms, a $100 bet on the Vikings to cover the spread would net a return of $90. 5 points over the Miami Dolphins, and you bet on the. This is an essential concept in sports betting terminology known as even money bets. Sports Betting Terms & Glossary. In this short but very thorough glossary, we aim to fill in all the blanks in your betting terminology understanding. Glossary. A unit in sports betting is a measure used to standardize betting performance without showing the actual dollar amounts. Double Chance – one of the basic soccer bets. '. Also refers to a baseball wager with no pitchers listed. NFL betting terms or lingo can frequently be confusing for a novice. Eye in the Sky: slang for the security surveillance system at a casino. Both selections must be successful to win the bet. Action: Having a wager on a game. 16%. R to Z. A percentage of each spin is added to the progressive amount. For one person, a typical bet might be $20, so 1 unit would be $20. Account wagering – Betting by internet or phone, in which a bettor must open an account and deposit money with which to bet. Place a min £10 bet on Horse Racing on odds of min 1/2 (1. The most common betting terms are explained below. Read the rest of this page to learn some of the most. We spoke to two experts in the gambling world to offer a primer on sports betting to help folks navigate through the many options and terms you’ll need to know. You’ll have a lot more confidence at the tables if you understand gambling phrases and casino lingo. In American odds, this is the standard -110 odds. All or Nothing: A player will win if he has all the cards. GG. This glossary of terms related to matched betting, bookmakers, betting exchanges and casinos will help you on your way to regular monthly profits. A bet where each outcome has a + or a - handicap applied to it. Against the point spread (ATS): player wager on one side of the point spread. A fully comprehensive online guide to casino terminology that explains in detail each term used in casino games and table games. The bet involves a single selection but is comprised of two bets: a 'win bet' and a 'place bet'. That’s why we thought a comprehensive and complete list with over 100 betting and gambling. Gambling Terms & Phrases: Casino Terminology You Should Know. Betwinner Review. Parlays and live sports betting are available for NFL odds, NBA odds, and more at BetMGM, the best online sportsbook for sports betting and sportsbook promos. When a player bets against the shooter. set by the bookmaker. For players who want to explore their favorite games, there are 8 other casino gamerisms units at this site, including blackjack, poker, slots, video poker, roulette, craps, bingo and sportsbetting. Typically, in a game between defensive-minded teams, or in brutal weather. Sawbuck: slang for making a $10 wager. If you bet the “under,” then naturally, you’re hoping both teams combine for 46 points or fewer. Yes, for sports betting purposes,. In current use gimmick is perhaps most often used to describe some form of marketing or attention-gathering ploy, although it also may be found referring to a physical item, such as a gadget. com, and has been working in the sports and gambling industries for more than a decade across. Here are some of the most common sports betting and gambling terms with definitions someone new to betting might need. The house edge is most commonly expressed in. Within sports betting, there are many important terms and phrases that you wouldn’t know unless you’ve participated in the activity before. Sharp: A professional bettor, sometimes wrongly known as a “shark. Bet. The probability of this bet is 13. Excludes Michigan Disassociated Persons. Betting Terminology. Could be labeled as biased-numbers. Sports Betting Terms & Glossary. To play a basic and predictable style of poker. A poor race run directly following a career-best or near-best performance. Gambling Stake — Amount of money reserved for gambling. Both terms see regular use in betting circles, so there’s a good chance that you’ll encounter them both. The standard vigorish is 10 percent on each wager. Dutch the bet by putting £75 (potential profit £225) on bet one and £25 on bet two (potential profit £125). Terms You Will Encounter When Betting Cricket. Square PairA slang term for a hard eight (a pair of fours). Account wagering – Betting by internet or phone, in which a bettor must open an account and deposit money with which to bet. “The buy-a-pay slot is the most misunderstood game on the casino floor. Same thing as Bankroll. Wheel Strategies — Tactics used to take advantage of flaws on the roulette wheel in order to gain an edge. Top 10 Betting Terms To Know. SU: An abbreviation for Straight Up. Example: Patriots -140. The table layout is slightly different and the names of the sectors are in French. Bet365 Bet $5 Get $150; Odds/Futures. So with no further ado, here are all the must-know casino gambling terms explained. ”. George. Big Eight. Wheel Clocking — 1. 20. Bankroll: Amount of money a player comes to the casino with to be. This is one of the most popularly notorious terms in sports betting, so much that Scott Van Pelt has his own segment on bad beats. All-In. As sports betting expands across the United States, newcomers are learning there’s more to the activity than just the moneyline—that is, simply betting on the winner of a game or event. A blackjack side bet that is particularly popular at online casinos. When the term “against the spread” is used in a sports betting context it refers to a bet on the point spread, which is a wager that a bettor can make on how many points/goals/runs a team will either win or lose by in a given game. The cumulative amount of wagered money on a particular slot over a period of time. Pony. Below are the most common and need to know sports betting terms for any user: American Odds. VS: Opponent for the team Result: Result in the last game played between the 2 teams ATS: Against the spread result in the game O/U: Over/Under result in the game M/L: Closing. Betting the same amount, every spin. Common futures bets include betting a team to win a championship at the outset of a season, or betting whether the team will win or lose more games than a set line at the start of the season. If I bet $11 on the Celtics and you bet $11 on the Knicks, the bookie. It's another term for a dealer. Betting on whether the total score of a game will be over or under a number set by the sportsbook. Joker: A wild card, the 53rd one in a deck. Common futures bets include betting a team to win a championship at the outset of a season, or betting whether the team will win or lose more games than a set line at the start of the season. 50 Terms Every Gambler Should Know by Adam Mace 2 weeks ago Gambling, by nature, is one of the simplest acts we can think of. Dime – betting slang terms for a $1000 bet. If the odds have a plus, that means you'll win that amount of money if you win the wager. The winner of the point spread is the team that 'covers' the spread based on the line and the final score. Juice: The sportsbook’s commission placed on each bet also called “vigorish”. "GGEZ" adds "easy" to the end of the term, which mocks the other team by saying it was an easy win. George – A generous tipper. Here are 11 swindling slang terms from The Grifters, and the stories behind them. Once players understand the terms that are involved in gambling, it can then be rather easy to move forward and redeem a deposit bonus with an online casino like gclub as there will be an element of confidence in regards to what to expect. Online betting sports services are unregulated and have a heterogeneous market. A misspelling of ‘owned’, if you’ve been pwned it means you’ve been beaten in a game. By covering multiple outcomes say by backing Team X to win and when/if they go up, by laying Team X to win, returns are guaranteed. Juice. Since almost every sport comes with its own vocabulary, we will go through some of the terms that are widely and often used in sports betting:. Against the spread - The result of a game including the point spread. 21 hours ago · Betting Terminology. 97. This is a term used in both online and land-based casinos for gambling. 7 %âãÏÓ 3661 0 obj > endobj 3680 0 obj >/Filter/FlateDecode/ID[5D7FF99C0FA5423198F6701609F48329>3A9BE30EF1959F48969461C688CD4AA2>]/Index[3661 40]/Info 3660. Moneyline- Taking either team to win the game straight up. How to make this bet: "Churchill Downs, Race 7, $2 to win on 5. American sports betting terms – as the latest addition to the US market, sports betting comes with some exciting new betting language. “Ace in the hole”. About the Team at Gamblingguy; How We Rate at GamblingGuy IN; Contains commercial content. Terms apply, see operator site for Terms and Conditions. Sports betting glossary: general sports betting terms for dummies. Active Player: A player who is still in play. The best sports betting terms to improve your betting knowledge; All definitions are from professional sports bettor MVP; Sports Betting Terms. It was introduced due to the fact that the earliest slots only had three reels. The term acknowledges the pressure that goes along with acting before anyone else. Betting Terminology. Added Game – A game that is not part of the regular Las Vegas rotation. Black: Dealer slang for $100 gaming chips which in most casinos are black. General Gambling Lingo and Terminology. See more specific info on casino games. Action: Total sum of all wagers. Sports Betting Terms Explained. Basic Gambling Terms. An edge is where there might be. 70. This term is used. 5 of a goal or point. Odds. Users located in a jurisdiction where interactive gaming is not legal are not permitted to engage in. The chalk in sports betting is the horse, player, or team bookmakers expect to win a sporting event. g. With legalized sports betting sweeping the nation at breakneck speed, it’s more important than ever to recognize various gambling terms and their meanings. The language of sports wagering can be intimidating for newcomers, but with the right knowledge, you can navigate the top betting sites and this exciting pastime with confidence. Get to know the lingo of all things gambling. High roller. Typically used in poker games, as an Ace is a beneficial card to hold. Understanding gambling terms and how gambling works can help you practice and talk about safer play. COMMON BETTING TERMS. Vegas 7 games. Juice, also known as “vig,” is a price you pay for making a wager through an online sportsbook. Chalk Eater: Bettor who is known for betting on the favorites consistently. : being in the ‘zone’) where a person is disconnected from the outside world (e. Edge: An advantage a gambler may feel they have through extensive research of a game or a team. For bets which can only win or lose, if the actual payoff is w, and the true odds are t, then the house edge is (t-w)/ (t+1). 14 hours ago · Find the Knicks vs. Nickel means a bet of $500. I’ve put together a list of 7 basic gambling terms to understand and why they’re important. Stake: This is the amount you’re willing to wager. Against the spread - The result of a game including the point spread. Advanced Sports Betting Terms Closing Line Value (CLV): This is the difference between the point spread or odds at the time a wager is placed, and the point spread or odds at the time the game begins. The term "book" is a reference to the books used by wage brokers to track wagers, payouts, and. For instance, the odds of flipping a coin to heads are 50/50. Hitting your needed cards on the turn and the river to make your hand. The high-stakes world of gambling has given us many common terms and phrases. Location-based games (1 C, 21 P) R. This gaming slang is the word “Owned,” and due to the proximity of O and P keys, they’re interchanged. The betting terminology of ‘Pony’ will typically mean slang for £25. A beginner's A-Z glossary of sports betting terms . A betting line where both sides pay a 10% commission. In sports betting terminology, SU is an abbreviation for “Straight Up”, which refers to the record of a team without factoring in the spread. Press. Place a $5 bet on any NBA pre-game money line and if your bet hits, you will win $150. ”. 23 if it came in. 91 = 6. Get to know the lingo of all things gambling. Pick up jargon, slang, and iGaming lingo that is used by online casino pros. ”. Sports Betting Terms and Glossary. House edge: The mathematical advantage the casino has over players. Whether planning a trip to a retail casino or exploring an online casino, knowing the terms and phrases can save you from confusion – and help you discover something new and exciting. Middle - Betting on both sides of a spread after the line moves in hopes that the final total or game score ends in between your numbers. Understanding the golf betting glossary is essential for any bettor looking to get involved in the world of golf wagering. Sports betting terms enshrined in Russian legislation. Active Player: A player who is still in play. 7. In baseball wagering, this means placing a bet regardless of the listed pitchers. The winner of the point spread is the team that 'covers' the spread based on the line and the final score. Online Casino. Buck means a $100 bet. Sometimes, sportsbooks will take an event out of the betting possibility because there’s something affecting the game, like the weather. Gambling terms and phrases that players tend to use less often include “dead man’s hand” – for a poker hand including two aces, two 8s and any other card – based on the hand the aforementioned Wild Bill was holding when Jack McCall gunned him down back in 1876. Example: If a bettor played Chicago (-4) and Los Angeles (+6) and Chicago won by five points. Do remember, though, that there is no such thing as a sure thing. Video game terminology (4 C, 176 P) Pages in category "Game terminology" The following 31 pages are in this category, out of 31 total. Here are a few gambling terms to help stay ahead in the game (and to know when to step away if needed). Online Gambling Glossary and Terminology for Online Gambling in 2023 Know exactly what your fellow punters and opponents are saying by learning obscure gambling terminology. Stake: Amount bet on the result of a sports event in terms of money or collateral. Perhaps the most important term in sports betting is odds. Sam Barnard. " Place A bet on a horse to finish second in a race. The idea isn’t to show off, but understanding when to use a specific term will undoubtedly enhance your casino experience. Boxman: Table supervisor seated between the dealers and opposite the stickman. 14 hours ago · However, I believe Grambling will even the all-time series and add to its surprising 4-2 record against the spread. Other Gambling Terms. 52 Sports Betting Terms. D’Alembert Betting System — A betting system employed by players in casinos. Deposit An amount of money placed with a bookmaker or betting exchange which can be used to place bets. However, one of the most difficult aspects of football betting for many players is understanding the numerous terms associated. Here is a list of common gambling terms and sports betting definitions that can help you understand the industry better, be a better sports bettor, and just generally feel more comfortable when discussing the subject. A slang term for a novice bettor, or one that generally loses money. We'll help you sound like a pro on any online gambling site. Basic Gambling Terms and Phrases Bankroll. If your favorite wins, you will receive $150, and if your favorite loses, you will lose $250. 5-point road. Across the board – A bet on a horse to win, place and show. This is a full cover bet as each selection appears in at least two doubles and the treble. Blacklist: When a casino is listed as not being safe and fit enough to play at. 21. CCG. For the favorite to cover, it has to win by more than the spread; an underdog covers by losing less than the spread or simply winning the game outright. Carousel: a name for a group of slot machines sharing a common feature, usually denomination. 5 as well as Rams +3. Black Chip – a $100 chip that players make a “Black Action” with. Two bets are needed to guarantee a return. A single wager of money on a gambling game. 7. 0. If a team is a puck line underdog (+1. As you’d expect, they also have a generous. Some of the words are unique to the world whilst others are borrowed from the English language and mean something quite different outside. A teaser is a type of bet in sports betting that allows bettors to adjust the point spread or total line in their favor for multiple games. Double bet: A betting amount that is double a bettor’s normal wager. Wheel Roller — Slang term for the roulette croupier or dealer. VS: Opponent for the team Result: Result in the last game played between the 2 teams ATS: Against the spread result in the game O/U: Over/Under result in the game M/L: Closing. Full List of Gambling Terminology. Some games encourage that more than others, like slot machines. Then figure out your first stake – usually a horse that has a history of winning, say at odds of 3/1. Starting off at Online Casinos can be intimidating. For those uninitiated, gambling jargon can be confusing. Why is a deep knowledge of gambling terminology important for iGaming translation and localization professionals and iGaming writers? Accuracy and market sensitivity are givens in every sector but are absolute non-negotiables in the iGaming sector – a multi-billion dollar industry that transcends global borders. ; Horse Racing – as the oldest sports to bet on,. Here’s how to calculate the total (potential) return on a wager using fractional odds: (Numerator x Bet amount) ÷ Denominator = Potential Winnings. 67%. The winning.