Glossary of Sports Betting Terms
Odds refer to the likelihood of an outcome occurring stated in numbers form.
Off the Board
Off the board are games where the bookmaker will not accept bets.
Opening Line refers to the original line posted for a particular sporting event.
The over is when a bettor places a wager on the total combine points scored will be larger than that of which the line maker predicted.
A parlay is a sports wager on the outcome or two or more sporting events, and in order to win all teams must win or cover
Pick'em is a game with no favorite and even money, the odds are equal, and there is no spread to wager against
The Point spread is the scoring differential between two opponents predicted by the sports book in sports gambling
A press is when an individual places a bet higher than their normal risk
The price in sports handicapping is a term that refers to the money line, odds or point spread.
Prop or Proposition
A prop or proposition net in sports betting this is a unique wager offered by the sports book on unique and various topics. Bets of this sort refer to the color of Gatorade dumped on the winning coach or whether the coin toss will be heads or tails.
A push is when a sporting event ends in a tie. For example if the spread is 5 and the game ends 105-100. It is the same as having a 20 in blackjack, and the dealer draws a 20. No money is awarded or lost in this scenario.
A round Robin is a bet on a series of three or more teams in 2-team parlays.
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