Laying Points – To bet the favorite by giving up points. Juice – A commission which is built into the line offerings, also known as "vig" or "vigorish." Hedging – Betting the opposite team or side of your original wager in order to either try to middle the game, or to reduce the downside exposure of the original wager. Hold – The percentage amount the sportsbook makes. Handicapper – A person who studies and wagers on sporting events. For example, a bet on a team to win a championship. Before placing your first bet on your favorite betting apps, take a look at some keywords that you'll run into at a sportsbook.Īction – Any wager or having a bet on a game.īonus – Funds often acquired through various promotions given by a sportsbook.īook (sportsbook) – The establishment that accepts wagers (bets) on the outcome of sports events.Ĭover – When the favorite wins by more than the required number of points or when the underdog loses by less than the required number of points (or wins outright).įutures – Wagers placed in advance on the outcome of an event. If you've never bet before, there are likely a lot of words and phrases you've never heard before and even if you have bet before, you may not know the meaning of every saying.
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