Sportsbook betting terms are easy to understand although sometimes they might not sound too familiar. There are a few terms that you will hear on forums and Internet sites that you may have never heard before, but yet are easy to understand. Let’s take a look at the most commonly used betting terms.
Sportsbook betting terms begin with “action” and continue with ones like “wise guy.” Action is any kind of wager against the online sportsbook betting line. Wise guy is a bettor that supposedly bets for a living. Let’s look at some other important sportsbook betting terms.
An “added game” is a game that usually has a lower limit and includes teams from conferences in college football or college basketball that are smaller. Another betting term that is common is “ATS” which means against the spread. Another sportsbook betting term that you will sometimes hear is “chalk.” That refers to a favorite on the online sportsbook betting line. Another term you may hear at the online is “circled game.” This is a game that has lower betting action. Games are circled because of injury, weather, added games, etc.
In baseball you will sometimes hear the term “dime line” at the . This is where the difference in money line is $10 instead of the normal $20.
Another sportsbook term that applies to money lines is “even money.” This is where no vigorish is involved and you are getting 1/1 for your money. Another term is “future.” This is a bet that is placed before a sporting event begins on a team or a player. It is called a futures bet and is popular on sporting events like the Super Bowl, World Series, etc.
A couple of online terms you will hear in baseball are “listed pitchers” and “run line.” Listed pitchers means that both starting pitchers in a game go as scheduled. If either of them is scratched then your bet is cancelled. Run lines are where you lay or receive 1.5 runs instead of the normal money line.
Sportsbook betting terms “parlays” and “teasers” are very popular with online gamblers. Parlays are where you hook up a number of single bets into one bet and get paid off at bigger odds. Teasers are similar except that with teasers you get added points to help your wager although the odds are lower.