Guide 101: Basic Sports Betting Terms

Sports betting is quite complicated especially to those who are just beginners in the industry. To add up to that is the complexity of terms and words being used in the game. So, to help you clearly understand and enjoy playing sports betting, here is the list of basic terms that you need to know in sports betting.

Glossary of Sports Betting Terms

Come and check the meaning of each sports betting terms and be guided:

Action

The wager or simply the bet

Against the spread

It is the game outcome which also includes the point spread.

Book or Sportsbook

A place wherein sporting events happened and betting also occurs.

Chalk

A word used to describe a person or bettor who tends to be the favorite during the game.

Edge

The winning chance of a bettor prior to the placement of bet.

Handle

It is considered as the total money being bet during the game.

Juice

This is the term that describes the win of the commission books over a bet.

Limit

It is the term used for the highest allowable bet on a single bet.

Moneyline bet

In case a team will either win or lose right after without any point spread, the bet made is known as the moneyline bet.

Oddsmaker (Linemaker)

This is a person who establishes the opening line within the game.

Under

The score combination of two teams that is usually lesser than that of the established score in the sportsbook.