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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.

 Wagering term Definition
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.
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.
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.
Deposit Betting Wagering with money deposited in advance with a bookmaker.
Draw A game result where competitors in an event finish evenly.
Exposure The maximum amount of money a sportsbook determines to lose on a game.
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.
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.
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.
Juice Juice is also called vig or vigorish. It is an amount of the commission of the bookmaker.
Lines or Betting Lines The odds on a game or event.
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.
Neutral Site A game without a home-field advantage for any side.
No action A wager in which no money is lost nor won.
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.
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.
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).
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'.
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.
Wager To risk money on the result of an event; see also 'bet' and 'gamble'.