Sports Betting Lingo D~G, help you to be a pro on any online gambling site. For those uninitiated, gambling jargon can be confusing. EsballPH HaloWin glossary to sports betting terminology makes familiar phrases, meanings, and gambling slang simple for any bettor to learn. Use it as a reference if you come across an unfamiliar word or phrase while placing bets.
Sports Betting Lingo D
Dead Heat |
Also called a dead hit, when two horses or teams finish in the same exact position. Both win, or are considered tied for first position. |
Deposit Betting |
Betting with money that has been placed or deposited in advance with a bookmaker. |
Dime |
Or a dime bet. Also, a $1,000 wager in the US. |
Dividend |
Agreed upon payout or return or odds of any established bet. |
Dog |
Short for underdog, a dog is perceived as the least likely side to win and is tagged with plus pricing. Atlanta would be a dog if the Braves moneyline is set at +125 and the Houston Astros are posted with -120 odds in baseball. |
Dog Player |
US slang term which refers to a player who mainly wagers on underdogs. |
Dollar Bet |
A betting amount that is double a bettors normal wager. Bettors often double their bet when they feel one side is vastly superior to another. |
Double |
This is a twin bet placed on two separate specific events or two parts of the same event. It is a type of parlay (or accumulator) and requires both events to win. i.e. a two-team parlay. |
Double Action |
Also known as an "If bet" a double action bet automatically takes the stakes and/or winnings from a successful wager and places that amount on a second betting option. |
Double Carpet |
A term referring to odds of 33 to 1. |
Double or Nothing |
An even money bet that pays exactly the amount wagered. |
Double Header |
Two games that are played back-to-back on the same day. Most common in baseball, a double-header will often take place if a game from the previous day was rained out. |
Doubling Up |
After a losing bet, when a player increases the amount of their next wager to an amount that allows them to recoup the lost wager and make an additional profit. |
Down to the Felt |
Term for a bettor that has run out of cash. |
Draw |
Any contest where the final score ends in a tie. In most instances, a draw is graded as a PUSH and original bet amounts are returned. A key exception is three-way lines that offer tie/draw as one of three betting options. |
Drift |
Betting odds that grow longer after the opening line is posted. A moneyline that moves from +220 to +225 to +230 is said to be drifting. |
Dutch |
When a player backs more than one outcome in an event or game. Typically, these wagers are made at varying stakes or odds to ensure a stable or equal profit regardless of the outcome. |
Sports Betting Lingo E
Each Way |
Common in horse racing, each-way betting takes a single amount and splits it on a horse to finish first or second. Both bets pay if the horse finishes first while just one bet pays if the horse finishes second. The return on a first place win is always higher than the return on a second place win. |
eCOGRA |
Acronym for e-Commerce Online Gaming Regulation and Assurance. eCOGRA is an independent body that audits online casinos to ensure they offer fair play to bettors. |
Edge |
Gaining an advantage through extensive research or having insights that are not publicly known. |
Encryption |
A security coding feature sportsbooks use to protect gamblers' details online. |
Even Money |
Odds that return the exact amount of the original bet. A $100 bet on Fractional (1/1) American (+100) or Decimal (2.0) odds would return a $100 profit. |
Exotic |
Almost any wager that is not a straight bet. This can include a teaser, parlay, or even a combination type of bet. |
Exotic Bet |
Betting options beyond point spreads, moneylines and game totals. Proposition bets, specials and parlays are the most common types of exotic bets. |
Exposure |
Amount of money a bettor or bookmaker stands to lose on any given wager. |
Expectation |
The amount a bettor can win on average, depending on a given hand. |
Sports Betting Lingo F
Favorite |
Generally speaking, the team or individual that has the most money placed on it. The sportsbook considers this the most likely winner of the event or game. |
Field |
This has two meanings; it could refer to all of the players or competitors in an event, or odds offered on all of the other non-listed players or teams, collectively. |
Figure |
The amount of money owed to or by a sportsbook. |
Final Four |
Most commonly refers to the last four teams remaining in the NCAA March Madness basketball tournament. Two Final Four games are played prior to the National Championship game. |
First Half Bet |
A wager that focused on the result of the first half in sports like basketball, soccer and football. The most popular first half betting odds are spread, moneyline and game total options. A variety of team and player props are also offered as first half bets. |
Fixed Game |
An event in which one or more of the players or participants have willfully manipulated (or attempted to manipulate) the outcome. |
Fixed Odds |
A wager in which your odds or dividend are fixed and unchanging, based on the time when your bet was placed. You are paid what is stated on your ticket, no matter what fluctuations occur later. |
Flag |
A wager that includes a total of 23 bets. It is Yankee plus 6 'Single Stakes About' bets in pairs. |
Flat Betting |
When a bettor wagers the same amount of money for each hand. |
Flea |
A sports bettor who wants to be comped for placing a very small wager. Often considered annoying. |
French Open |
Second of four women's and men's Grand Slam tennis tournaments that are played over two weeks in late May and early June. |
Fold |
May refer to the number of selections in an accumulator or parlay (i.e., a 4-fold means having 4 selections). |
Forecast |
This type of wager involves accurately predicting the first and second positions for a given event and can be a straight, reverse, or permed type of bet (USA, Perfecta or Exacta). |
Full Cover |
When a player makes a wager that includes all the doubles, trebles and accumulators for a given number of selections. |
Futures bet |
A wager placed on an event that will take place in the near or distant future. Betting on the winner of the Super Bowl, Stanley Cup, NBA Finals and World Series are popular futures options. Futures are also offered in soccer, major horse races, plus golf and tennis tournaments. |
Sports Betting Lingo G
Game total bet |
Over/Under betting on how many goals/points/runs will be scored in a game. If a baseball game total is set at 7.5 runs, bettors need to decide if the combined total runs in that contest will be over or under eight runs. |
Getting Down |
Making a bet. |
Goliath |
A huge multiple bet that includes 247 total wagers on 8 selections in different events. There are 28 doubles, 56 trebles, 70 4-folds, 56 5-folds, 28 6-folds, 8 7-folds and one 8-fold in the Goliath. |
Graded Bet |
A wager that bookmakers officially mark as a winner, a loser, or a push, once a competition has ended. Winnings, or push refunds, are paid out after a bet has been graded. |
Grand |
A 1,000 wager. Also called a Big'un. |
Grand Salami |
Bookmakers offer Over/Under odds on the total goals/runs/points scored in all of the games, from a specific league, on any given day. If there are seven games on the NFL schedule, the line may be set at 36.5 combined goals with -110 on both sides as the most common juice. |
Grid |
A table that displays the possible bets with an online sportsbook. |
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