Sports Betting Dictionary

By Austin Miller - Updated July 16, 2020

The world of online sports betting is vast and complex. It is important to have some stars to guide your journey. This list of important betting terms is extensive, if not exhaustive.

Read our list of sports betting terms to become the best, most confident gambler you can. Our list of over 200 sports gambling terms will take you from zero to hero

Sports Betting Terms

Accumulator

Added game

AET

Alternative Lines

American Odds

Ante-post

Arb

Arbitrage

Asian Handicap

ATS

Banker

Best-price percentage

Bet

Betting exchange

Betting strategy

Bonus

Book

Bookie

Canadian line

Chalk

Circled game

Closing line

Co-favorite

Commission

Correct score

Cover

Decimal odds

Dime

Dog

Double action

Double bet

Double result

Double-header

Draw

Drift

Each-way

Edge

Even money

Exotic

Expected goals

Expected value

Exposure

Favorite

First half bet

First/last goal scorer

Fixed-odds betting

Fractional odds

Future

Grand Salami

Half time bet

Half-ball handicap

Handicap

Handicapper

Handicapping

Handle

Hedging

Holding your own

Home field advantage

If bet

In-play betting

Joint favorite

Juice

Kelly Criterion

Landing on three/seven

Laying the points

Layoff

Limit

Line

Linemaker

Listed pitchers

Live-betting

Lock

Longshot

Margin

Match bet

Middle

Moneyline

Multiple: Any bet that has multiple bets folded into it. They are also referred to as parlays, combos, or accumulators.

MVP

Nap

No action

Non-runner

Novelty bet

Odds

Odds format

Odds on favorite

Oddsmaker

Off the board

Outright betting

Over

Overbroke

Overround

Over/Under

Parlay

Payout

Pick ’em

Point Spread

Post time

Power Ranking

Price

Prop (proposition) bet

Public money

Puckline

Push

Quarter bet (see first half, second half bet)

Rag

Reload bonus

Rotation number

Round Robin

Run line

Scalping

Second half bet

Sell

Sharp

SP

Special

Split-ball handicap

Sportsbook (general term)

Sportsbook (at a casino or other offline venue)

Spread

Spread betting

Stake

Staking method

Stanley cup

Steam

Straight bet

Taking the points

Teaser

Ticket

Tie

Tip

Tipster

Total

Totals bet

Tout

True odds

Under

Underdog

Value

Vigorish

Wager

Important Leagues and Competitions

NHL

NBA

MLS

MLB

NFL

Hart Trophy

Vezina Trophy

Selke Trophy

Ted Lindsay Award

Calder Trophy

Vince Lombardi Trophy

Larry O’Brien NBA Championship Trophy

Rose Bowl (stadium)

Rose Bowl Game

The Grand National

Kentucky Derby

Triple Crown

Canadian Triple Crown

Breeders Stakes

March Madness

NCAA

Draft