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Middle : An outcome that falls between two bets on different sides of the same event, allowing the bettor to win both wagers. Money line or moneyline : The odds or price of betting an event straight up, without the use of a point spread.

When betting the money line or moneyline , the favorite will be designated with a minus sign next to the number. The higher the number, the greater the odds the favorite has to win, but the lower the payout. The underdog will be designated with a plus sign next to the number. The higher the number, the lower the odds the underdog has to pull off an upset, but the larger the payout will be should the upset occur.

Off the Board : When a sportsbook or sports betting operating removes a wager from its offering and is no longer taking bets on the event. Oftentimes, an operator will take a bet off the book when deciding to change the odds. Leaving the bet up could expose the oddsmaker to increased risk. Opening Line or Open : The initial point spread or betting line on a game or competition.

Parlay : A wager that includes multiple bets within one greater bet. To win, a bettor must hit all the individual bets. Point Spread : The point spread is how teams or sides are handicapped against one another. For more on point spread betting, click here. Prop Bet or Proposition Bet : A prop bet, short for proposition bet, is a type of side bet that is placed on something not determined by the final outcome of a game, such as a specific statistic for a given player.

Instead of altering the points given, bookmakers will adjust the odds on these lines. Reverse Line Movement : When a line moves opposite of the betting percentages, or opposite the public. Round Robin : A wager that allows a bettor to place multiple parlay wagers within a single bet. Sharp : A professional sports bettor or a bettor deemed to have an enhanced advantage. Square : A casual, hobby sports bettor.

Not a professional and considered to be just a member of the general public. Straight Bet : A bet that is made without using a point spread. In other words, another way to classify a money line bet. Take the Points : The opposite of laying the points, taking the points means a bettor is receiving points from the other side. Betting the underdog. Teaser : A bet that allows the bettor to adjust the point spread by adding or subtracting points. The adjustment comes at a cost, though, as the bettor will be faced with a lower return determined by the amount of the adjustment.

Example: Patriots - Move the Line -When enough money is place one side of the bet, the point spread line will move to persude bettors to bet the other way. The sportsbooks want money on both side of every bet to avoid taking a huge loss. Example: Mush: "I hammered the Patriots moneyline today. There's no way they will lose". Me: "That's terrible news. I took the Patriots No Action- A wager where nobody wins or loses.

Most commonly occurs when a game is unable to finish. Most commonly occurs when the book is uncertain about a key players chances of participating in the game. All bets must win in order to cash. Point Spread - The number of points that the favorite is expected to defeat the underdog by. Example: The Patriots are listed at -3 You buy a half point in order to get off the 3.

You now have the Patriots - 2. Push - When a total or final game score falls directly on the spread number. You will be refunded your wager amount. Example: Betting on the Patriots -3 and they win by exactly 3. Reverse Line Move - A line moving away from a team that is receiving more than half of spread bet tickets.

Also known as a "wiseguy" or "poker". Square - A public bettor who usually bets on a side receiving a majority of spread tickets. Steam Move - A series of sharp bets causing a sudden, drastic line move. Example: Patriots move from -1 to -3 in the span of 1 hour.

Example: Betting on a horse to win the Kentucky Derby because Mike Francesca picked that horse to win. Similar to a parlay but you are awarded points toward your total or spread for less favorable vig. You must hit all bets in order to win and a push counts as a loss. Total - The total number of points that are expected to be scored in a given contest.

Example: Patriots vs. Most trends can be meaningless and dependant on the opponent. Example: The Celtics are against the spread this season when playing at on the road. Some trends can prove very profitable. Underdog- The team that is expected to lose the game as indicated by the point spread.

Value- Finding an edge on a line you believe is set wrong. Vigorish - A percentage of money charged to the bettor when placing a bet. Example: Patriots We'll never share your email address and you can opt out at any time, we promise. Placed my first bet in accounting class my Sophomore year in high school. About 3 years later, I started taking a true interest in betting. I began reading books and discovering systems that have displayed steady long-term profit.

The most important thing to understand when betting is that discipline is just as valuable as the picks themselves. My aim is to bring you the best bets through the use of data, steam moves, reverse line moves, contrarian plays, and trends.

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FISH A mug punter. NAP Best bet of the day. They don't understand other people who have no interest in betting or gambling,and disdainfully refer to them as "squares" or "the public ". PUSH Moneyback,nobody wins or losses. SWEAT This is the agony punters go through when watching a sporting event when having a big bet on the outcome. Term usually used in poker. It means you have had so much bad luck,or are so deep in trouble that you are "on tilt" - betting like a maniac,reckless,and all thought process gone.

TOUT Somebody who sells tips for money. TURNED OVER This is when you have lost money to a gambling colleague,or even a good friend,by trickery or deceit - "he's turned me over",this is meant as an insult,and they should be ashamed. Hence the gamblers lament that he "needs to get well " - back some winners. End of article. Bets and Betting Explanations.

Decimal Betting Explained. Rule 4 Deductions Explained. Tote Bets Explained. Bets and Betting Explained. Patent Bet Explanation. Betting Terms Glossary. Scoop 6 Rules. Scoop 6 Races,Dividends. Yankee Bet Explanation.

Lucky 63 Bet Explanation. Lucky 31 Bet Explanation. Lucky 15 Bet Explanation. Tote Trifecta Explanation. Tote Swinger Explanation. How to Calculate Bets. Double Down: Double down is a blackjack term and is the name of one of the decisions that a player can make as the game goes on. EV: EV , or expected value, is what the player could expect to win or lose per a single game if he was to place the same bet in the same situation an infinite number of times.

Fade: To fade means to bet against, particularly when referring to betting against a person. Heater: A heater is a series of events in any game of chance occurring within a short, concise time frame, and resulting in a positive outcome for the player involved. Handle: In sports betting lingo, the term handle is often used by the bookmakers to describe the total amount of money wagered over a specific period of time. Hedge: In online sports betting, to hedge means to make a bet or a series of bets that take the opposite site of your original position in order to reduce the risk involved or lock in some profit.

Juice: Juice , also referred to as vigorish, vig, the take or the cut, is the amount charged by a live bookmaker or a sports betting site for its services. Kitty: In home poker games, a kitty is a pool of money that has been built by collecting small, predetermined amounts from specific pots or even every single pot.

Marker: Casino and card room markers are special credits that allow players to receive easy access to large amounts of money on the spot. Middle: In sports betting, playing the middle means placing two bets on opposite teams or totals with advantageous point spreads or lines, usually at different sports books. Moose: In sports betting, a moose is simply the equivalent of a poker bad beat — a bet that goes horribly wrong despite the fact that everything was progressing just as planned and the punter seemed to have the odds going in his favor.

Mush: To mush means to create bad luck for others in gambling situations. Over Under: In sports betting, an over under bet refers to a wager in which the sports book predicts a number for a statistic in the game in question, and the bettors have to wager whether the actual result will exceed that prediction or end up being lower. Parlay: In sports betting, a parlay , also known as an accumulator, is a combo wager that links together two or more individual bets.

Press: In gambling, particularly in sports betting, to press means to bet a larger amount than usual or to double up.

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DOG Refers to outsider. DRY No money to bet with. EDGE The percentage advantage the bookie has over punter - and sometimes the opposite. FISH A mug punter. NAP Best bet of the day. They don't understand other people who have no interest in betting or gambling,and disdainfully refer to them as "squares" or "the public ".

PUSH Moneyback,nobody wins or losses. SWEAT This is the agony punters go through when watching a sporting event when having a big bet on the outcome. Term usually used in poker. It means you have had so much bad luck,or are so deep in trouble that you are "on tilt" - betting like a maniac,reckless,and all thought process gone.

TOUT Somebody who sells tips for money. TURNED OVER This is when you have lost money to a gambling colleague,or even a good friend,by trickery or deceit - "he's turned me over",this is meant as an insult,and they should be ashamed. Hence the gamblers lament that he "needs to get well " - back some winners. End of article. Bets and Betting Explanations. Decimal Betting Explained. Rule 4 Deductions Explained. Tote Bets Explained. Bets and Betting Explained.

Patent Bet Explanation. Betting Terms Glossary. Scoop 6 Rules. Scoop 6 Races,Dividends. Yankee Bet Explanation. Lucky 63 Bet Explanation. Lucky 31 Bet Explanation. Lucky 15 Bet Explanation. However, in order to claim these bonuses, players have to play a certain amount of spins in order to obtain the bonuses. Jackpot: A great amount of money gained through playing a slot machine or lottery. Jacks or Better: In videopoker, players have to have Jacks or higher ranking cards in order to win.

Casinos usually pay the travel costs and accommodation fees of VIP players while forcing them to play at their casinos for a minimum designate time. In Macau, the Junket system is one of the main features of the gambling industry. Layout: The clothing on a gambling table which indicates where to place the wager.

Low Poker: It is a poker game in which the pot is given to the hand with the lowest poker value. Odds: Probability of winning a bet. A player can calculate his winnings through multiplying the odds with the amount of wager. Outside Bet: Placing the bets outside of the numbers in a roulette game.

If you want to learn more about how to play Roulette, you can check our Roulette for Beginners Guide. Paroli: An effective betting system mainly utilized in Roulette and Baccarat. It is based on increasing the amount of wager after a win thinking that winning streak would continue for a while. Pat: A hand which has the value of at least 17 in Blackjack. It means that this hand does not need any more cards. Payline: It is the line where certain symbols from each reel must coincide in order to pay off in a slot game.

Each slot game has to have at least one payline. However, some slot games have more than 20 paylines such as Mega Fortune Online Slot game which has 25 paylines. Pot: It is the amount of money accumulates in the middle of the table during a Poker game. The winner of the hand gets the money. Progressive Jackpot: It is a cumulative jackpot which is offered by some online slot games.

The jackpot amount increases slowly each game until somebody wins the jackpot. Provably Fair: It is an online gambling algorithm which can be analyzed and verified by the service provider. Bitcoin casino operators usually utilize this technique to show their credibility. Qualifier: Minimum ranking hand which is eligible to get a share from the pot in a poker game.

Rack: A plastic container in which casino chips, slot machine tokens and coins are carried in a casino. Rake: It is the amount which is taken by the house as commission after each round during a poker game. Most casinos give free alcohol and soft beverages within their premises.

Some of them offer packages including room, food and beverages in order to attract mainly high-roller players. In seven card stud, going to the river means staying in the game until the final fifth round of the game. Royal Flush: It is a hand in poker.

It contains ten, Jack, Queen, King and Ace. It is the best poker hand. Sawdust Joint: It is an American slang term which refers to a non-luxury gambling club. Seventh Street: The 5 th and the final round of betting in seven-card stud. It is called the seventh street because in this round, players have seven cards.

Shiner: It is a tiny mirror through which a cheater can see the face down hole cards and any other unexposed cards. Shoe: A wooden box which is used for keeping cards before they are dealt. It usually consists of six or eight decks. Showdown: In the last round of a poker game, the players who remain in the pot have to reveal their hands so that the winner can be determined. Shutter: It is a window where numbers are exhibited in a bingo game. Whenever a number is called, the sign equivalent of that particular number is crossed on the window.

Sixth Street: It is the fourth round of betting in seven-card stud. The term derives from the fact that players have six cards in this round. Skimming: Transferring money from a casino to a third person in order to evade tax or fund criminal activity.

Spooking: It is the act of telling information to a player regarding the hole cards of the dealer. It is a form of cheating. Standing Hand: It is a hand in Blackjack which has a card value of 17 or more. It is quite risky to ask for one more card in this situation.

Streaming: In Blackjack, a player starts playing more aggressively after a losing streak. Suit: This term identifies any of the four card groupings in a deck which consists of spades, clubs, hearts and diamonds. Surrender: A player loses half of his bet if the ball stops on zero in Roulette.

In Blackjack, a player loses half of his bet if he decides not to complete a hand. System: It is a betting method used by a gambler to gain advantage against the house. Table Stakes: It is the money or chips possessed by a player on the table.

This is the limit for the player. Table Limit: It is the minimum or maximum bet which can be made wagered by a gambler at a gaming table. Tap Out: Losing all the bankroll while gambling which also means the end of the gambling session for that player. Tells : Behaviors or actions of a player or a dealer which reveal the cards that they hold.

Third Street: The first round of seven-card stud poker. The name stems from the fact that players possess 3 cards in this round. Time Cut: Money charged from players in a poker room based on the time that they have spent in the room. Underplay: It is an unfavorable bet. Underplay bets are still attractive despite being less favorable due to the payout that they offer. Unit: It is the smallest amount of money which is wagered. The wager is made without mentioning the currency since it is specified as one betting unit or one chip.