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GLOSSARY
POINTSPREAD
Only used in football and basketball. Is used to make the game even by adding points to the score of the underdog or subtracting points from the favorite.
The "line"; the handicap, or head start that the favorite gives to the underdog for betting purposes. The favorite must cover the point spread in order to win the game. The underdog on the pointspread gets the same amount of points is his advantage.
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POST POSITION
Number used to identify horse for betting purposes; may refer to spot in the starting gate, but not always
PPG
Points per Game
PRACTICAL HOLD PERCENTAGE
The amount won by a bookmaker divided by the total amount booked
PRESS
To bet a larger amount than usual.
PRICE
The odds (line) or pointspread.
PUPPY
Underdog
PUSH
A tie. Neither side wins and all money is returned to the bettors.
REVERSES
All possible combination of two team if bets, Double Action If Bets done in both ways, with the chosen teams (from 2 to 6 teams).
ROUND ROBIN
All possible combination of two team parlays with the chosen teams (from 3 to 6 teams).
RUNDOWN
List of all the odds (lines), pointspreads, totals, money lines, etc. for a particular sport
RUN LINE (Combination of Run Spread with Money Line)
A line used when wagering on baseball. The favorite is minus the runs but usually combined with a positive money line and the underdog is plus the runs but the customer has to risk more to win less (negative money line)
SCALPER
One who attempts to profit from the differences in odds from book to book by betting both sides of the same game at different prices
SCORE
To win a lot of money
SCOUTS
Person(s) who study team plays and/or practice and report findings to handicappers.
SCRATCH
Withdraw; cancel.
Also, when a horse get injure.
SHARP
Wise guy
Bet for a horse to get on third place.
SIDE
To win one side and tie the other. For example, if you lay -2 ½ and take 3 on the same game and the favorite wins by 3 you have SIDED the book. The book has been SIDED
SINGLE
Same as a straight bet
SMART MONEY
Sides that are bet on by the more knowledgeable handicappers.
SPECIAL TEASERS (Only in Basketball and Football for the whole game)
Type of teaser where the more teams that are chosen, the more points are credited per team. A player can pick from 2 to 4 teams. All teams must cover the teased spreads to win the teaser. When there is a push, the whole wager is considered a push, unless the push is accompanied by a loss in which case the wager is a loss.
SPORT PLAYER
A person who waits for what he thinks is an unusually strong wager.
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