Sports Betting 101

Accept an institution that placed bets on the outcome of a sporting event – the bookmaker. Bookie – A person who accepts bets on sports betting. Chalk Player – A person who rarely bets on outsiders, usually a bet on favorite teams. Cover – In sports betting, covering refers to winning a point spread. Dog – The team believes are most likely to lose. Dog Player – A person who places bets mainly on the underdog. Double Bet – also known as a double or a double pop, is betting a double bet is a duplicate of the usual size of a single bet. Favorite – The team expects to win a sporting event or a game. Figure – The amount of money that is owed by or to a bookmaker for a sporting event complete. Handicapper – A handicap is a person who, analyzes and rates of bets on sporting events, races or games. Handicapping – the outcome of sporting events or games. Line – The current odds or point spread on a particular sporting event. Line Maker – A person who establishes the original and subsequent betting lines. Odds – The probability that a particular outcome occurring, stated in number form. Over – A sports bet in which the weather forecast, the combined score of both teams will be above a certain sum. Parlay – A bet with two or more teams where all teams to win for the better in order to win and receive higher payouts. Pick – sports predictions (namely basketball, baseball or football) takes, in the handicap select teams or outcomes they believe have a positive result. Spread – The predicted difference in the score between two teams.

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