Sport Betting Terms at gamerisms



Sport Betting Terms, part 2 continues with terms for passionate handicappers andsport betting terms at gamerisms new players who want to learn about this popular form of betting.

Some of the unique terms, jargon and betting options here are Goliath, Handicap types of bets, If Bets, Lock, Mixed Games and examples of Over/Under Bets.

Sport Betting Terms: G
  • Getting Down: place your bet.
  • Goliath: whoa–the mother of multiple bets that includes 247 bets for several events.
  • Grand or Big'un: £1,000 bet.
  • Grand Salami: jargon for over/under total for the combined score of all the hockey games played on a specific date.
  • Group Winner: predicting the team to be the group winner.
Sport Betting Terms: H – J
  • Half-Time: betting on the half-time results.
  • Half Time/Full-Time: 2 bets in 1 based on the results of half and full time.Both choices must be correct to win excluding overtime.
  • Handicap Betting Types:Below are a few examples of sport betting terms for these bets.
  • Handicap 0: your chosen team wins. If there is a draw, your bet is refunded.
  • Handicap +0.5, +1: your chosen team wins or draws, but if your team loses by 1 goal, you lose 50%.
  • Handicap +1.5: your chosen team wins, draws or loses with a one-goal difference.
  • Handicap +2.5: your chosen team wins, draws or loses with a goal difference of less than three.
  • Handicap -1: your chosen team wins with a goal difference of two or more. If your team wins with a one-goal difference, you are refunded your stake.
  • Handicap -1.5: your chosen team wins with a goal difference of two or more.
  • Handicap -2: your chosen team wins with a goal difference of three or more. If your team wins with a two-goal difference, you are refunded your stake.
  • Handicap -2.5: your chosen team wins with a goal difference of three or more.
  • Handicapper: professional who researches all aspects of the game before betting.
  • Handle: total money wagered.
  • Head 2 Head: betting on which team member scores the highest vs. the team member against him/her.
  • Hedge: to decrease the action by betting the opposite of a previous bet.
  • Heinz: 57 bets: include 6 selections for several events.
  • Highest Half: betting on highest total score of a chosen half. Basketball and American Football are popular games for this bet.
  • Home Field Advantage: refers to advantage home team based on fan support.
  • Hook: half point in point spreads. For example, 3 1/2, 3 and a hook.
  • Horseracing: known as the sport of kings, horseracing is arguably the most popular sportsbetting venue. This could spark a debate with soccer sport bettors.
  • If Bets: placed based on an ‘if clause’ with betting selections/teams for football, basketball and baseball games. Thus, when the bettor’s first ‘if bet’ is correct, they move on the second ‘if bet’ until the selections/teams they bet on is not in their favor.
  • In and Out Teaser: lingo for a combo selection of the favorite, underdog and over and under for the same event.
  • Index Betting: refers to spread wagering.
  • Joint Favorites: jargon for 2 teams that are equally able to win the game.
  • Juice: commission that goes to the house, also known as vigorish.
Sport Betting Terms: L
  • Ladbrokes: All the Sport and All the Games. Join in on the sporting action.
  • Lay a Bet: lingo for a bookmaker receiving a bet.
  • Layoff: bookie's bet with another bookie to balance the wagering he has received from his clients.
  • LBO: abbreviations for licensed betting office.
  • Lengthen: lingo for odds that are moving longer resulting in an advantage for bettors.
  • Linemaker: term for individuals who set betting lines.
  • Lines: jargon for game odds.
  • Live Bets: betting on a specific sport game during live play.
  • Lock: lingo for easy winner.
  • Long Odds: lingo for odds that are more than 10 to 1.
Sport Betting Terms: M - O
  • Margin: record of difference between winner of event and other finishers.
  • Mixed Games: betting on a virtual game between two teams. You are comparing the goal difference between two teams that are not actually playing each other but rather two other teams. The wager encompasses a 90-minute period without extra time or penalty shots for the number of goals scored.
  • Most Goals: betting on the time period that has the most goals in the game.
  • Money Line: refers to payout for a $100 bet.
  • Nickel: lingo for $500.
  • Odds: bookie's analysis of the chance of a win for an event, to include profit.
  • Odds-against: term for odds that are more than even.
  • Odd-Even: betting on whether total goals at the finish will result in an even or odd number.
  • Odds-on: refers to payout in the minus or the amount bet to win $100.
  • Oddsmaker: sport betting terms for persons who set the odds that are used by sportsbooks or bookies.
  • Outsiders: jargon for team or competitor who is a long-shot to win, therefore, lengthy odds are offered.
  • Off the Board: no betting accepted, usually in the case of injuries.
  • Outright Bet: win or lose bet on the outcome of the sport game or race.
  • Overtime: wager that sport game will result in overtime.
  • Over/Under: wagers on the combined number of points scored in the game by both teams. Examples of over/under sport betting terms follow.
  • Over/Under 2 goals line: event must finish with less then two goals or more than two goals. If one goal or less is scored, the under bets=winners and over bets=losers.
  • If two goals are scored in the event, all bets are void.
  • If three goals or more are scored, under bets=losers and over bets=winners.
  • Over/Under 2.5 goals line: event must finish with 2 goals or less scored in the event. Under bets=winners. If 3 goals or more are scored in the event, over bets=winners.
  • Over/Under 3 goals line: event must finish with 2 goals or less scored in the event. Under bets=winners. If 3 goals are scored in the event, all bets are void. If four goals or more are scored in the event, over bets=winners.
Sport Betting Terms: P
  • Parlays: combined bets on several games or events.gaming gecko, sportsbetting lingo and jargon
  • Patent: combo bet includes 7 bets and 3 selections for different events.
  • PK or Pick: evenly matched teams.
  • Place Bet:  a wager where your choice must finish in one of the top designated places. For example, finishing first, second or third in a horserace.
  • Point Spread: number of points the favorite gives the dog for betting purposes.
  • Price: refers to the odds.
  • Pucks: jargon for game of hockey.
  • Punter: same as bettor.
  • Push: point spread tie.
  • Proposition Bets: wagered on a specific element of a sport game. Ex: how many points/goals will be completed.
Sport Betting Terms: R
  • Return: count for your total winnings.
  • Reverse Bets: used in combination with ‘if bets’ for sides or totals. These bets are generally two straight bets and your reverse bet will be the total for each straight bet. If your reverse bet wins, ties or cancels, you then move to a second reverse bet.
  • Round Robin: lingo for 10 bets included in this wager.
  • Rundown: listing of odds on a specific game day.
Sport betting terms is followed by part 3 of the sportsbetting glossary
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This is Part 2 of 3 for the Sports Betting Terms Glossary at gamerisms.
Links for all Sports Betting are:
Intro and A-F
Part 2: G-R
Part 3: S-Z
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Preview Part 3
Types of sport games betting for specific games:
American Football:
--First to 3 Touchdowns: sport game bet on the team that will be the first to score 3 TDs.
--Kick Off: wager on which team will kick off the game.
Hockey:
--First Period: sport games betting based on the score of the first period in the hockey game.
--First to 3 Goals: wagering on which team will be the first to score 3 goals.
--Total Assists: betting on the number of assists made by a player or team.
Soccer/Football:
--Last Player to Score: betting on the player who will be the last to score in a soccer match during regulation 90 minutes of play.
--Last to Score: wagering on the team who will be the last to score during a regulation game.
--Penalty: sports bet on whether or not a game will be decided by penalties.

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