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| ACTION- A wager of any kind - In baseball, making a wager on a team whom ever the starting pitchers are. |
| ATP-Association of Tennis Professionals |
| BEARD- An agent who is used to place wagers so the true identity of the bettor is kept anonymous. |
| BOOK- A physical place that accepts wagers on sports or horses. |
| BOOKMAKER- An establishment or person that accepts wagers on sports or horses. Bookie is slang for bookmaker. |
| CANADIAN LINE- A combination; using a money-line and puck-line. |
| CHALK- The favorite or favourite. |
| CHALK PLAYER- Someone who usually wagers on the favorite. |
| CIRCLED- A game in which the bookmaker has reduced his limits. Many times the bookmaker will only take half as much as his normal limits. |
| COVER- When a favorite wins by more than the spread or when the underdog loses by less than the spread. If a money-line is used then the outright winner is said to have covered. |
| DIME- $1,000 |
| DIME LINE- The difference (in cents) between the favorite and the underdog in a money-line price. If that difference is 10 cents, then it is called a dime line. If the difference is 5 cents, then that is called a nickel line. If the difference is 20 cents, then that is called a twenty-cent line etc. |
| DIME WAGER- A $1,000 wager. |
| DOG- Slang term for underdog. |
| DOG PLAYER- A person who mainly wagers on underdogs. |
| DOLLAR- A $100 wager. |
| DOUBLE BET- A wager for twice the bookmakers limit. Also called a double hit or double pop. |
| EAST COAST LINE- Same as a Canadian Line. |
| EDGE- Advantage. |
| EV- Expected value. |
| EVEN MONEY- Your risk and win are the same. Wagering $1 to win $1. |
| EXOTIC- Any wager other than a straight wager. |
| FAVORITE- The team or contestant that is favored to win or cover. |
| GETTING DOWN- Making a wager. |
| HANDICAPPER- A person who makes selections based on past performances. |
| HANDLE- Total amount of wagers placed or received on a given event or for a specific time frame. |
| HEDGING- Placing wagers on the opposite side in order to reduce losses or to insure a win. |
| HOLDING YOUR OWN- Staying close to even. |
| HOOK- Slang for whenever a wagering line uses a half of a point. Ex. 3 ½ point favorite could be said 3 and a hook. |
| HOT GAME- A game which is drawing a lot of action on one side. |
| JUICE- A bookmakers commission, also known as vigorish or vig. Banks call it interest. |
| LAYING THE POINTS- Wagering on the favorite. |
| LENGTHEN- When the odds go up it is called lengthening. |
| LIMIT- The maximum wager allowed. |
| LINE- Line or price or odds on a contest. |
| LINEMAKER- A person who makes the line, price or odds on a contest. |
| LISTED PITCHERS- The pitchers expected to start in a baseball game. |
| LOCK- A team or player implied by someone, usually a tout, "it can't lose" (many locks do lose) |
| LONGSHOT- A team or contestant given a small chance to win in the wagering. |
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