In Sports Betting Terminology Chapter 1, we talked about The Line, Pointspreads, Over/Unders, Favorites, and Underdogs. Here in Chapter 2, we are going to touch on some more obscure terms, but ones you should know nonetheless.
1. BUCK: A $100 wager
2. CHALK: The Favorite in a game. For example, in Patriots -7 vs Raiders, The Patriots are the CHALK.
3. DIME or DIME BET: A $1,000 Wager
4. DIME LINE: A line where the JUICE is 5%.
5. EVEN MONEY: A line where no juice or vig is charged
6. GETTING DOWN: Making a wager.
7. HOOK: A half point added to football and basketball betting lines. For example: Patriots -7 1/2 vs Raiders.
8. HOT GAME: A game which is drawing a lot of action on one side by knowledgeable handicappers.
9. LOCK: The easy winner
10. PARLAY: A sports bet with two or more teams in which all teams must win or cover for the bettor to receive higher payouts.
11. TEASER: A wager combining two or more games together and giving the player a fixed number of additional points in his favor. Also known as “The biggest sucker bet around.” Stay away from all teasers.
12. WISE GUY: A knowledgeable or well informed handicapper or bettor.
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