* Parlay: The number of teams in the parlay must all hit or the parlay loses. 2-team parlay pay 13-5 odds. 3-team parlay pay 5-1 odds. 4-team parlays pay 8-1 odds.
* Parlay Cards: Wagers on a minimum of 3 and up to 15 propositions; the more you pick, the higher the payoff.
* Past Performance: What has occurred previously to the forthcoming games.
* Pick: Occasionally, there will be no favorite on a game. In this instance the game is said to be a pick and you can bet 10/11 (bet $110 to win $100) on either team.
* Pick'em Game: Neither team is favored. Take your pick and lay 11 to 10.
* Pointspread: The pointspread - also called "the line" - is used as a margin to handicap the favorite team. The oddsmaker - also called the handicapper - "gives" points (or goals) to the underdog - for betting purposes only. The bettor must take either the favorite or the underdog. The favorite is always indicated by a minus sign (e.g. -8.5) and the underdog by a plus sign (e.g.+8.5). For betting purposes, the outcome of the game is determined by taking the actual game score and finding the difference between the scores of the two teams playing (called the pointspread or just the "spread"). For example - The Green Bay Packers are 8 point favorites over the Miami Dolphins (an 8 point spread shown as -8 beside Green Bay on our "lines" page). If the final score is Green Bay 20 Miami 13, then the actual game score "spread" is 7 points (20 minus 13). In our example if you took Miami (called the "dog"), you would win the bet since Green Bay had to win by 9 points or more to "cover the spread." Green Bay needed 2 more points to "cover" since if the game landed right on the "spread" of 8 points it would be called a "push" (similar in concept to a tie in Moneyline wagering, which is also called a push) and it would be "no action" (no bet and money held in your account to cover the wager is released back into your available balance). If the "spread" is put in at a half point (eg. -8.5 for the favorite Green Bay) by the Sportsbook handicappers then there can be no "push." In this case, there is "action" at any final game score pointspread. In a pointspread, you must wager $11 to win $10 ($21 is returned to the winner). 10/11 is the standard for pointspread bets on most sports.
* Post Time: The Schedule starting time.
* Press: To bet a larger amount than usual.
* Price: The odds or pointspread.
* Proposition Bet: A wager on a particular aspect of the game such as how many field goals will be made.
* Puckline: Hockey combines both a handicap/spread and odds. This is called the Puckline. Sample line:
Boston
+1 (-110)
Detroit
-1.5 (-110)
* The favorites are the Detroit Red Wings, who are giving the Boston Bruins 1.5 goals. To win the bet, Detroit would have to win the game by 2 goals. When placing this bet you are getting even money, which means that for every $110 you wager, you will win $100. If you are betting on Boston, you will receive a 1.0 goal handicap, meaning that if Detroit wins by 1 goal the game is a push. If the game ends in a tie or Boston wins, then you win the bet. The odds again are at -110. Push: If the result of a game lands exactly on the pointspread or is a tie in the case of betting a moneyline, or if the exact score of the game matches exactly the Sportsbook's posted game total (Total), then the game is a "Push" or "No Action" and all wagers are released back to the Available Account Balance .
* Round Robin: A form of parlay betting in which we wager various combining team wagers. A 3-team robin is team 1 to 2, 1 to 3, and 2 to 3. 4-team robin is team 1 to 2, 1 to 3, 1 to 4, 2 to 3, 2 to 4, and 3 to 4. 5-team, etc.
* Run Line: A line used when wagering on baseball.
SPORTS BETTING GLOSSARY A-C
SPORTS BETTING GLOSSARY D-O
SPORTS BETTING GLOSSARY S-Z
Sports Betting Rules
Sports Betting History
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