If any of the games lose, the entire wager loses. Point spread - Margin of victory set by oddsmakers to attract bets action on both the favorite and the underdog. A favorite must win by a number higher than the point spread to cover the spread. Puckline - Hockey has a point spread of Proposition bets prop - A bet on anything that is not directly tied to the outcome of the game. For example, it can be the first team or the first player to score in a game.
Push - When neither team covers the spread the actual margin of victory lands exactly on the spread , no one wins the bet and all wagers are refunded. Runline - Baseball has a point spread of Teaser - Similar to a teaser, spreads are favored towards the bettor but has a lower payout.
Action - A bet or wager. Against the spread - The result of a game including the point spread. Bad Beat - A bet that looks like the bettor is going to win but doesn't. Chalk - The favorite in a game. Edge - The advantage a bettor has before a bet is placed. Favorite - A team favored to win a game. Handle - The total amount of money wagered on a game.
Handicapping - Researching sports statistics to pick winners. Hook - A half-point in the spread In-game wagers - Bets made after a game started. Juice - A commission books win on each bet. Limit - The maximum allowed wager on a single bet. Lock - A large favorite. Long Shot - A large underdog. Prop Bet — A bet on something other than the outcome of a game. Public Betting Percentage — Also referred to as public betting trends, we offer real betting percentages from seven contributing sportsbooks.
These numbers represent real bets placed at real sportsbooks. These percentages are integral for our betting against the public philosophy. Push — When a contest ends without a winner. In a moneyline sport this happens if the game ended in a tie. In a spread sport, this happens if the favorite wins by the exact spread. Real Time Odds — Live lines that update immediately as sportsbooks adjust their lines.
Reverse-Line Movement — Betting line movement that contradicts the public betting percentages. This indicates that sharp money is taking Team B. This alternative allows you to add runs for the underdog, or subtract them from the favorite. This means that a favorite has to win by at least two runs for you to win your bet, while an underdog could either lose by one run or win straight-up to win the bet. The benefit of this is that you can bet more lucrative lines on favorites, but because baseball and hockey are such low-scoring games, this can be a risky proposition.
Steam Move — A sudden, drastic and uniform line movement across the entire sports betting marketplace. Teaser — A special bet in which you are able to adjust the point spread or total for a game. The more you change the spread, the lower the payout becomes.
Tout — An individual who sells their picks or their sports betting expertise to others. Now that you have a better understanding of some key sports betting terms, where should you be looking to place your wagers? The short answer: The sportsbook with the most advantageous odds. Luckily, since the U. Supreme Court overturned the federal ban on sports betting in May , multiple states have launched robust mobile betting operations.
To get a complete rundown on where legal betting stands in your state, check out our complete guide here , but the main states to know for online betting are Colorado , New Jersey , Pennsylvania , Indiana and West Virginia. Sports Betting. Best Books. PJ Walsh. Download App. Bankroll — The available funds you have to bet with. FDSportsbook on Twitter.
Pictured: FanDuel Sportsbook Bookmaker — A person who is licensed to create betting lines and take wagers. Follow PJ Walsh. Top Offers. Follow Us On Social. Sportsbook Reviews. Sports Betting Calculators. How to Bet On Sports.
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