Sports Betting Lingo Q~Y, help you to be a pro on any online gambling site. For those uninitiated, gambling jargon can be confusing. 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 Q
| Quinella |
A wager with the bettor selecting the first and second competitors, regardless of their finishing order. |
| Quarter Bet |
Any wager placed prior to or during any quarter of a sporting event. LIVE betting odds will change often as the first 12 minutes of the match play out. |
Sports Betting Lingo R
| Re-bet |
Wagering the same amount of money on a bet made in a previous game. |
| Return |
The total amount of money produced by a (winning) wager. Losing wagers have a negative return. |
| Rotation Number |
A number assigned by bookmakers to every betting option on the board. Bettors use the rotation number when placing a bet, rather than team names, at betting windows at land based sportsbooks. |
| Round Robin |
A bet that involves 10 individual wagers from three selections in different events. Normally, this will include 3 pairs of 'Single Stakes About,' with 3 doubles and a treble. |
| Rounder |
Also called a Roundabout, this is three wagers made over three different events. |
| ROY |
Honors the top first year player in most professional sports leagues. Wagering on which player will be named the Rookie of the Year (ROY) is a popular futures betting option. |
| Run Down |
All the betting lines for a specific date, time, match, game, etc. |
| Run Line |
Point spread pricing in baseball. When live betting, depending on the score of the match, runs lines increase and/or decrease as a game progresses. A term used in baseball for a spread used instead of a moneyline. |
| Runner |
A person that places a bet for someone else. |
Sports Betting Lingo S
| Sawdust Joint |
Slang term for a lower-class type of casino or gambling center. |
| Scalper |
Someone who attempts to profit by taking advantage of the differences in odds between different books; accomplished by placing wagers on both sides of the same game at different odds. See arbitrage. |
| Scratch |
A player or horse who pulls out of an event or competition. |
| Second half bet |
Any wager that focuses on the outcome of the second half of any competition. Bettors can place wagers before the second half begins or make live bets once the match resumes.Any wager that focuses on the outcome of the second half of any competition. Bettors can place wagers before the second half begins or make live bets once the match resumes. |
| Sell points |
Bettors can sell points by using alternate point spreads and game totals. In football, if a player moves a line from -6.5 to -7.5 they have sold one point. Juice becomes more favorable for the bettor with each point sold. |
| Settler |
An expert who works for a bookmaker and calculates all the payouts. |
| Shoo-In |
A guaranteed winner for an event; might also mean a fixed event. |
| Shorten |
When the odds of an event are reduced due to heavy betting. |
| Show |
A third place finish in an event like a horse race. |
| Shut Out |
When the losing team is held scoreless. Traditionally, this is also when a player is left standing in line as the betting window closes; they are not able to place a bet due to the time expiring. |
| Single |
A straight event or a straight-up bet on one selection to win one race or event. |
| Single States About |
A bet that consists of two wagers on two selections (one single on each selection any to come 1 single on the other selection reversed). |
| Six Dollar Combine |
A horse racing wager that involves a two-dollar wager across the board (win, place, and show). |
| Smart Money |
Where or how the insider's are putting their money on a particular event or game. |
| Spot Play |
An almost random manner of selecting bets. |
| Sportsbook |
A free standing shop, or in dedicated space at land based casinos, sportsbooks have become popular meeting spots for bettors and sports fans alike. Sportsbooks accept bets on US events, plus action from around the globe, and provide giant screens for bettors to watch the action play out. |
| Spread Betting |
Taking or laying points when betting on a competition. When a bet is won or lost according to whether the correct outcome was chosen. Returns and losses factor into the ultimate victory or defeat. |
| Stake |
The amount of money a bettor risks when placing a bet. Original stakes are returned on all winning wagers and many bets that are graded as a push. |
| Staking method |
Differs from bettor to bettor. Some players set maximum stake limits on each bet they place while others use a bankroll percentage as their stake. |
| Stanley Cup |
The Stanley Cup is the championship series and prize for the NHL. |
| Steam |
Odds that change quickly usually due to a large amount of betting action by sharp bettors or syndicates. |
| Straight |
Slang for a bet to win. |
| Straight bet |
A single wager on moneyline, spread or game total betting options. |
| Square |
Another term for a novice or recreational player and the opposite of a sharp or professional bettor. |
| Super Bowl |
The Super Bowl is the championship game played in the NFL. |
| Super Yankee |
This is a Yankee bet that has 5 selections instead of 4. |
| Sure Thing |
The team or player that is considered almost a guarantee for winning. |
| System |
A method of betting which is used by bettors to try and gain an advantage. It is usually mathematically based. |
| Syndicate |
A group of bettors that pool funds and use their combined knowledge to bet on events. Syndicates will often wager large amounts to move a line and then place an even larger bet on the new price they helped create. |
Sports Betting Lingo T
| Taking |
A bet is placed on an underdog. Also called 'taking the points. |
| Teaser |
A type of wager where several selections are made together, and the spread can be changed in favor of the wagerer. This will result in reduced odds on each selection, but an overall higher return. |
| Teaser Card |
A daily list of all games, from one specific sport, where the odds are higher or lower than the prices posted on the main betting board. Teaser card bets require selecting two or more sides. |
| Thick'un |
A large wager. |
| Three-way odds |
Wagering options that have three sides and include ties as a betting option. |
| Two-way odds |
Wagering options that have two sides and do not include ties as a betting option. |
| Tips |
Normally a selection or pick given by an expert; a prediction. |
| Totals |
A person or group that offers betting advice. Some tipsters offer free sports wagering advice while others charge a fee for their tips. |
| Tote |
The totalizator system which offers pool betting on racecourses. |
| Trebles |
A triple bet or wager on three events. Basically, a form of parlay or accumulator. |
| Triple Crown |
Three horse races, the Kentucky Derby, Preakness Stakes and Belmont Stakes, which form the thoroughbred Triple Crown racing series. |
| Trixie |
A multiple bet which includes 4 bets placed across 3 selections in different events (3 doubles and 1 treble). |
| True Odds |
The true, or real, odds of an event occurring. The wagering line or odds rarely reflect the true odds. |
| Two & Three Balls Betting |
A golfing bet. This involves predicting which player from among a group of two or three will accomplish the lowest score during a round of 18 holes. |
Sports Betting Lingo U
| Under |
Opposite of Over on game total betting. |
| Underdog |
The team which is the least favored to win a particular contest or event. |
| Union Jack |
A type of multiples wager that includes 8 trebles across a total of 9 selections. |
Sports Betting Lingo V
| Value |
Finding the best odds or wagering line on a selection. |
| Vezina Trophy |
Awarded to the most valuable goaltender during the NHL regular season. |
| Vigorish |
The commission which is paid to, or charged by, the bookmaker. |
| Vs |
Versus, or against. |
Sports Betting Lingo W
| Wager |
Placing a bet on any event offered at a sportsbook, casino or racebook. |
| WBA |
World Boxing Association. |
| WBC |
World Boxing Council. |
| Welch |
Failure to pay a gambling bet or debt. |
| Win |
The victor of a sporting event, game, or contest. Also, first position in a horse race. |
| Win Only |
A wager on a particular team or competitor to simply win an event. Also called money line or straight-up wagering. |
| Winning Margin |
A type of wager that predicts by how much a certain team or competitor will defeat the other team or remainder of the field. |
| Wise Guy |
Handicappers, sharps and professional bettors with vast knowledge of the sports they bet on. |
| WNBA |
Women's National Basketball Association. |
| World Series |
The championship best of 7-game series of Major League Baseball. |
Sports Betting Lingo Y
| Yankee |
Used to describe a multiples bet that consists of four selections. These wagers are combined into six doubles, four trebles, and one fourfold, for a total of 11 bets. |
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