Example: 'My buddy is roommates with Jameis Winston at Florida State. Edge- Holding a perceived advantage against the odds on a moneyline, spread, or total.Deadbeat- A person who does not pay up after losing.Example: Betting on Patriots -2.5 and they win by 3. Cover- When a favorite wins by more than the point spread or an underdog loses by less than the point spread.Example: Betting on the Rams because the Patriots are receiving 75% of spread bet tickets. Contrarian- Betting against a team receiving a vast majority of spread bet tickets.

Sharp bettors will tell you that this is the only line that matters. Closing Line-The final line available before a game starts.Consensus Pick-A team or total that a majority of bettors are placing their wagers on.Example: Patriots to win straight up at -300 Buy Points - When a player pays an additional price to receive half a point or more in his favor on a point spread game.Bookie- A person who accepts bets illegally either over the phone or through a website and charges vig.Book- A website or sportsbook with whom you place your wagers.After a questionable foul call, the Duquesne coach is assessed double technicals and Penn State hits 6 straight free throws to win and cover. Example: Duquesne (+5) are tied 67-67 at Penn State with 5 seconds left.

Bad Beat- An unexpected event or events that cause a bet to lose after showing a high probability of winning.

Sports Betting terms may seem confusing at first, but the meaning of a term helps better paint the picture to your story.īelow is a list of key betting terms you're more than likely to come across at some point in your life when reading about or discussing a particular contest you're interested in wagering on. Whether you're shooting the breeze with your friends or talking with the locals at a sports bar, it's important to have an understanding of the lingo most commonly used amongst bettors.

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