Betting Advice Guide
From Cappers Picks
Online Sportsbook
Betting Glossary Of Terms
Capperspicks.com
has created the following sports betting glossary
to service all your sport betting needs. It has
all the definitions for sports betting terms
and the appropriate sports betting words and
or phrases for gambling acronyms.
Action -
Is normally known as having money in a game (bet),
but when you wager on baseball and you choose
action, it means that you don't mind which pitchers
are starting the game.
Bad
Beat - Tough loss
Beard -
Messenger bettor
Beef -
Dispute Buck- $100
Chalk -
Favorite
Chalk
Eater - Favorite bettor
Churn -
The effect of betting and rebetting money
Circle
Game - Game where action is limited
due to uncertainties about weather, injuries,
etc.
Cover -
in by more than the pointspread
Dime -
$1000
Dollar -
$100
Earn -
Practical hold percentage
Edge -
Advantage
Exotic
Bet - Action other than a straight bet
or parlay
Figure -
Amount owed by or to a bookmaker
Get
Down - Make a bet
Gross
Win - Win before expenses
Handicapper -
One who studies sports and predicts outcomes
Handle -
Total amount of bets taken
Hedge -
Bet the opposite of your original wager in order
to reduce the amount of action you have on a
game
Hook -
Half point in pointspreads, as in "lost
by the hook"
Home
Field Advantage - Edge the home team
is expected to have as a result of the familiarity
with the arena and effect of travel on the
visting team.
Hoop -
Basketball
Hot
Tip - Information the bookmaker is not
yet privy to
Juice -
Bookmaker's commission, most often refers to
the 11 to 10 football bettors lay on straight
wagers; vigorish
Lay
A Price - Bet a favorite, lay the points
Limit -
Maximum bet accepted by the house before the
price will be changed
Line -
The betting proposition on a game and/or payoff
odds on the bet
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.
Minus
Pool - In pari-mutuel wagering, when
after the take is extracted, there is not enough
money left to pay winning patrons the minimum
bet. The track must then make up the difference.
Mutuel -
Price paid on a winning pari-mutuel wager
Neutral
Site - Arena, court, or field where
neither side has a home field advantage
Nickel
- $500
Off
The Board - Game where no bets are being
accepted
Out -
Bookmaker, usually refers to an illegal bookmaker
Overplay -
When the odds on a proposition are in favor of
the bettor rather than the house
Parlay -
A bet with two or more teams where all the teams
must win for the bettor to be successful
Past
Post - To make a bet after an event
has started
Pick'em -
A game where neither team is favored Player-
Bettor or gambler
Practical
Hold Percentage - The amount won be
a bookmaker divided by the total amount booked
Press -
To bet a larger amount than usual
Price -
Line
Puppy -
Underdog
Push -
Tie
Round
Robin - A series of parlays. A three
team round robin consists of three two-team
parlays.
Rundown -
Line update
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 the smae game
and the favorite wins by 3 you have SIDED the
book. The book has been SIDED.
Square -
Unsophisticated gambler
Steam -
Heavy action on one side
Straight
Bet - A bet on just on team
Sucker
Bet - Bet with a large house edge
Take
A Price - Bet the underdog, take the
points
Tapped
Out - Broke, busted, common result of
pressing
Theorical
Hold Percentage - The edge the bookmaker
would have IF the odds guaranteed him a constant
commission regardless of the outcome
Toss
Up - Game where the line is close to
pick-em
Tout
Service - A business that sells opinions
on sporting events
Underlay -
When the odds on a proposition are in favor of
the house
Value -
An overlay
Vigorish -
Juice
Wiseguy -
Established and successful sports bettor
Just check out this great
collection of resources we've compiled for you
here at Capperspicks.com. Advice on handicapping
and betting games? We've got you covered! Bookmark
this page and check back often as we are constantly
writing new articles that offer betting tips
and sports handicapping
advice to increase your
chances for winning on all those bets you've
placed. We're here for you to help. Email us
if you need anything else that we don't provide.
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