Sportsbetting Terms

Agent: Someone who sets up customers into a book for a commission.
Beard: A runner who makes bets for others.
Bookie: Abbreviation for bookmaker or a person who takes bets.
Chalk: The favorite bet.
Chalkeater: Someone who bets only on favorites.
Circled Game: A game where betting limits are lowered, generally on account of injuries and/or weather.
Cover: You win by more points than you laid or lose by more points than you had taken with a point-spread win.
Dime: $1000.
Dog: The underdog in the game.
Even Money: A bet where one side lays no juice or vigorish.
Exposure: Maximum amount a sports book can lose on a game.
Futures: Bets made today that take place at a later date.
Getting down: Place your bet.
Handicappers: sportsbetting terms for professionals who research all aspects of the game before betting the outcome.
Handle: Total money wagered.
Hedge: To decrease the action by betting the opposite of a previous bet.
Hook: Half point in point spreads; e.g. 3 1/2, 3 and a hook.
Juice: Commission that goes to the house, also known as vigorish.
Lines: Game Odds.
Nickel: $500.
Off the Board: No betting accepted, usually in the case of injuries.
Pick: An even game as there is not a favorite.
Point Spread: Number of points the favorite gives the dog for betting purposes.
Push: Point Spread tie.
Rundown: Listing of odds on a specific game day.
Steam: Big money flowing in on one side means the line is moving fast.
Straight Bet: One wager, not a parlay.         
Teaser: Bet where you can adjust the point spread your way.
The Big Sports Board: explains the wagering, and quotes betting information.
Total Bet: is available to wager on the total number of points scored by both teams during the game, based on an over/under quoted number. These bets are layed based on the quoted total number of points scored, OV=betting over what the board offers, or 
UN =under-betting that the teams won’t score that many points together.
Vigorish: The fee/commission paid during specific wagers at the sportsbook.

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