moneyline a wager on which team or individual will win a game or event outright, regardless of the margin of victory.
point spread a betting line that handicaps the favorite team by a certain number of points, which they must win by to "cover the spread," while the underdog team can lose by fewer than the specified points or win outright to cover.
over/under also known as a totals bet, is a wager on whether the combined total score of both teams in a game will be higher (over) or lower (under) than a predetermined number set by the sportsbook.
Bookmaker/bookie A bookmaker, often shortened to "bookie," is a person or organization that accepts and pays off bets on sporting and other events at agreed-upon odds.
Handicap In sports betting, a handicap is a virtual advantage or disadvantage given to one of the teams to even out the chances of winning, where the stronger team gives up points and the weaker team gains points, making the odds more balanced and fair.
Asian Handicap Asian Handicap is a form of sports betting where the bookmaker handicaps the stronger team by deducting points or giving the weaker team a head start to even out the chances of winning, thus balancing the odds.
Correct Score It is a type of sports betting where the bettor must accurately predict the exact final score of a match.
Draw In a game or competition, a "draw" means that both sides have an equal score or outcome, resulting in neither side winning or losing, which is equivalent to a "tie."
European Handicap A form of sports betting that aims to level the playing field by giving the underdog an advantage or the favorite a disadvantage in points, resulting in more balanced odds.
Fractional In sports betting, fractional odds are a popular way of expressing the potential return on a wager, typically displayed as a fraction (e.g., 3/1 or 5/2), indicating the amount of profit relative to the stake.
Gamble refers to placing a wager or bet on the uncertain outcome of a sporting event, with the hope of receiving a potential financial return, while also accepting the risk of loss.
In-play Betting A form of sports betting that allows players to place bets in real-time while the event is underway, enabling them to adjust their strategies based on the changing dynamics of the game, thus enhancing the excitement and interactivity of the betting experience.
Juice In sports betting, "juice" refers to the commission or vigorish that the bookmaker charges on bets, adjusting the odds to ensure a profit for the bookmaker regardless of the outcome of the event.
Lines refer to the odds set by bookmakers on the outcome of a sports event, which are designed to balance the bookmakers' risk and attract bets from both sides.
Value bets Value bets are wagers that have a higher probability of winning than the odds suggest, offering the bettor a positive expected value over time.
Novelty betting It is a form of wagering that involves betting on non-traditional sporting events or entertainment occurrences, such as political elections or television show outcomes, offering a more diverse range of betting options for gambling enthusiasts.
Betting slip a document that records the details of your wager placed on a sporting event in sports betting.
Decimal In sports betting, decimal odds are a type of odds format commonly used in Europe and Australia. Decimal odds represent the potential return for a bettor, including the original stake. For example, if the decimal odds are 2.50, a bettor who wagers
Underdog An underdog is a team or competitor that is expected to lose a contest or battle, especially in sports betting.
Dime In sports betting slang, a "Dime" refers to a $1,000 wager.
Favourite In sports betting, the favourite refers to the team that is considered more likely to win the match and typically has lower odds.
Dog a "dog" typically refers to a team or player that is expected to perform poorly, lose, or has little chance of winning the game.
Double Result Double Result is a type of sports betting where you predict both the full-time result and the half-time result of a match.
Full Time Full Time refers to the entire duration of a sports match, including both halves and any additional time.
Final the last match of a sports competition that determines the ultimate champion.
First Goalscorer In sports betting, "First Goalscorer" refers to the player who scores the first goal in a match, and bettors who wager on this player will receive a payout if their prediction is correct.
Home refers to the team playing at their own stadium or arena, often enjoying the advantage of familiar surroundings and the support of the majority of the crowd.
