sports betting glossary
A board is the list of bets available in a sportsbook. In the old days, all books had actual boards on which clerks would write the latest odds. Nowadays most suck boards have been replaced by electronic displays that are updated by computer, but they are still called “boards.”Bonus HustlerTo offshore sportsbooks, a bonus hustler is someone who has opened an account for the express purpose of obtaining bonuses, and who does no intend to gamble.Book, BookmakerA book or bookmaker is a person or company that accepts bets against the lines created by linesmakers.BookieThe dictionary says bookie is the same thing as bookmaker, but Nevado’s legal sportsbooks don’t call themselves bookies. Bookies carries the implication of illegality.BuckTo a sports bettor, a buck is a bet size. For a bet on a dog, a buck is $100. for a bet on a favorite, a buck is whatever amount of money must be risked to win $100.ChalkTo bet chalk is to bet the favoriteCherrypickTo cherrypick is to bet only those games on which you think you have an edge.CircledWhen a game is circled, the maximum bet on that game is lower than normal. The circling generally is due to uncertainty of some sort, perhaps the weather or an injury to a key player.Correlated, CorrelationCorrelation is the degree to which the results of two bets are related. Zero correlation means the results are not related at all. Correlated is the adjective form, and correlation is a noun. An example of two bets that are correlated is the Giants to lead at the half and the Giants to win the game. Sportsbooks do not like to write correlated parlays.CoverTo cover is to beat the spread. For example, if the Pistons are favored by 7 and wins the game by more than 7,the Pistons are said to have “covered.” If the Pistons lose that game or wins by less than 7, it failed to cover.If the underdog wins, or loses the game but by less than the spread, the dog is said to have covered.Data MiningData mining is derogatory. It means sorting through a huge volume of data, extracting decision rules that seem to favor one team over another, but without regard to whether or not there is any cause-and-effect relationship. Data mining is the sports-betting equivalent of sitting a huge number of monkeys down at keyboards, and then reporting on the monkeys who happened to type actual words.DimeA dime is a bet to win $1000.DogDog is short for “underdog.” If the better team wins the game, the dog is the team that loses. The opposite of the dog is the favorite.Early lineThe early line is the first line posted for a game.EdgeHaving an edge means having the best of it. If you make only bets on which you have an edge, you will win and you will lose but in the long haul your winnings will overwhelm your losses.
http://www.enterbet.com
The Pinnacle sports glossary of betting related terms. Find here all the information you need to help you navigate the betting jargon in the sportsbook.
The first step in learning about sports betting is to know the vocabulary used. Here you will learn the definitions of commonly used words and phrases
Edge - A person's advantage when it comes to sports betting. ... Middle - To win both sides of the same contest in a sports betting event
Labels: free online sports betting, free sports betting software, make money on sports betting, play money sports betting, sports betting delaware 2009, sports betting glossary
#
posted by sportsbook bettingsites : 2:20 PM
