Welcome to the dictionary of the terms which are in use at the site of LEADER-bet Online Sportsbook. If any wagering term seems not clear – you always have a convenient dictionary, which is invariably in the way.
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| Wagering term |
Definition |
| A |
ââåðõ |
| Accumulator |
A compound bet which involves several selections in different events. All the picking out made must win for you to win the accumulator. Also see 'parlay'. |
| Action |
A wager which is considered valid. Different betting rules apply in different sports concerning if a bet is action or no action. |
| Ante Post |
Ante-post odds are those offered before the day of the event itself. |
| B |
ââåðõ |
| Beeswax (UK) |
Wagering tax. |
| Bet |
Also see 'gamble' and 'wager'.To bet means to risk money on the result of an event. |
| Book or Bookie |
It is a short for bookmaker. Book is a person or shop who is licensed to accept bets. |
| Buying Points |
Paying an extra price to get half a point or more in your favor on a point spread game. |
| C |
ââåðõ |
| Canadian Line |
In sports betting the Canadian line is a composite of point spread and money line in hockey. |
| Credit Betting |
Wagering using credit with a bookmaker. Online sportsbooks usually prefer deposit betting and credit betting is not popular. |
| D |
ââåðõ |
| Deposit Betting |
Wagering with money deposited in advance with a bookmaker. |
| Draw |
A game result where competitors in an event finish evenly. |
| E |
ââåðõ |
| Exposure |
The maximum amount of money a sportsbook determines to lose on a game. |
| F |
ââåðõ |
| Favorite or Favourite |
The team or individual sportsbooks bet most likely to win that contest or event. Generally it has the most money bet on it. |
| First Half Bet |
In sports gambling, this is a bet put only on the first half of the game. |
| Fixed Odds |
No matter how much the odds fluctuate the odds at the time you placed your bet are fixed and written on the ticket. |
| Fixed Game |
A game in which one or more participants wittingly manipulate the final result of a game. |
| Futures |
Futures are odds proposed on winners of sporting events in advance of the event itself, e.g. Super Bowl, World Series, Stanley Cup, and NBA Championship etc. |
| G |
ââåðõ |
| Gamble |
To risk money on the final result of an event. |
| Grand Salami |
A sports betting term which means the grand total of goals scored in all the hockey games of the day. It can be wagered to over/under. |
| Group Matchup |
A possibility to select probable result of one competitor compared to the other competitors in the group. This type of bet most often applies to golf and auto racing events. |
| H |
ââåðõ |
| Half Time Bet |
A bet which is placed on the second half of the game. |
| Handicap |
Handicap (also known as the 'pread' or 'line') is a method used to make a one-sided event become a more attractive betting proposition: teams are awarded a number of points based on their output. |
| Handle |
The total amount of bets taken. |
| Hedge |
Putting bets on the opposite side in order to cut losses or guarantee a minimum amount of winnings. |
| J |
ââåðõ |
| Juice |
Juice is also called vig or vigorish. It is an amount of the commission of the bookmaker. |
| L |
ââåðõ |
| Lines or Betting Lines |
The odds on a game or event. |
| M |
ââåðõ |
| «Matchup Bet» |
It is one individual competing against another individual or a group of individuals (group matchups). |
| Money Line or Moneyline |
Odds on the outcome the game without taking a point spread into consideration. |
| Multiples |
Another name for Accumulators. Multiple bets contain more than one selection. |
| N |
ââåðõ |
| Neutral Site |
A game without a home-field advantage for any side. |
| No action |
A wager in which no money is lost nor won. |
| O |
ââåðõ |
| Odds |
The bookmaker's opinion of the chance of a team winning or event happening. |
| Over |
A wager in which the bettor supposes that the total points scored by two teams will exceed a certain figure. |
| Over/Under Bet |
A bet on whether the summarized total of the points scored by the two teams will be more or less than a fixed number. |
| P |
ââåðõ |
| Parlay |
A parlay is a stake linking together two or more individual wagers for a high payout. In order for the parlay wager to win, every one of the selected wagers must win. |
| R |
ââåðõ |
| Round Robin |
In sports betting it is a series of three or more teams in 2-team parlays. |
| Run Line |
A spread used instead of the money line in baseball. The run line adds 1.5 runs to the underdog (+1.5) or subtracts 1.5 runs from the favorite (-1.5). |
| S |
ââåðõ |
| Single |
A straight bet on one item to win one race or event, also called as a straight-up bet. |
| Spread |
A spread in sports wagering is the forecasted scoring differential between two opponents as quoted by a sports book; see also 'point spread'. |
| T |
ââåðõ |
| Teaser |
A bet on two or more teams where the bettor can add or subtract points from the spread to make their wagers stronger. In exchange for the points, a bettor will get less of a return on your stake. Each of the individual bets have to win or the bet is lost. |
| Ticket |
A sport betting wager. |
| Total |
The combined amount of points or goals scored by both teams during the game. |
| W |
ââåðõ |
| Wager |
To risk money on the result of an event; see also 'bet' and 'gamble'. |
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