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• Closing line
  ...osing line''' refers to the final odds available at the time the [[betting market]] for a given event closes. These are the last lines being offered by a [[s ...e advised to bet into opening lines in order to have the largest potential betting advantage.
  884 bytes (144 words) - 23:19, 10 January 2020
• Off the board
  ...key player's injury). Sportsbooks will re-open the market once an updated betting line has been set.
  502 bytes (83 words) - 03:53, 3 January 2020
• Opening line
  ...eleased the night before. Opening lines originate at high limit [[offshore betting site]]s such as [[BetCRIS]]. These lines are then cloned by other sportsboo ...ts a larger [[edge]] due to discrepancies between the betting line and the market's [[expected value]]. Oddsmakers take advantage of early bets placed by sha
  996 bytes (163 words) - 23:03, 10 January 2020
• Chalk
  '''Chalk''' is a sports betting term that describes the side of a market that is [[favorite|favored]] to win.
  109 bytes (19 words) - 19:47, 11 January 2020
• OTB
  ...ronym for ''[[off the board]]''. This term is used to describe a [[betting market]] that a [[sportsbook]] is not currently accepting bets on. This could be d
  377 bytes (63 words) - 03:49, 3 January 2020
• Fade
  ...lar team regardless of their opponent. It is additionally used to describe betting against the [[public]] or the picks of an individual [[handicapper]]. ...tsbook to an undesirable situation where the majority of action on a given market is placed with positive [[expected value]].
  3 KB (422 words) - 03:43, 3 January 2020
• Canadian line
  A '''Canadian line''' is a betting [[spread]] for hockey. Because hockey is a lower scoring sport than footbal The Canadian line betting market is more commonly referred to as [[puck line]].
  533 bytes (91 words) - 02:08, 16 December 2019
• Dime
  ...ne]]s. This is used to describe the margin a bookmaker adds to a [[betting market]] when adding their [[vig]].
  352 bytes (56 words) - 19:40, 16 December 2019
• Long odds
  Long odds is a betting term used to describe an outcome that is not likely to occur. This could re The benefit of wagering on a market with long odds over [[short odds]] is the larger payout relative to the ini
  360 bytes (64 words) - 20:20, 1 November 2019
• Flat betting
  ...for any sports bettor who does not mathematically quantify their perceived market [[advantage]] for each placed bet. ...es between the available line and a theoretical [[true line]] based on the market's expected value.
  4 KB (700 words) - 19:28, 1 January 2020
• Decimal odds
  Decimal odds is a format used to display betting odds. The potential return of a given bet relative to the risk is indicated ...l odds (1.66) by the initial risk ($200). The more favored a given betting market is the smaller the decimal odds will be.
  2 KB (336 words) - 19:15, 1 November 2019
• Dog
  ...s an abbreviation for [[underdog]]. Used to describe the side of a betting market that is perceived to have a lower chance of winning. The opposing side is k In the example below the market views the Atlanta Falcons as the weaker team. They are dubbed the ''dog'' h
  1 KB (166 words) - 23:03, 20 December 2019
• Fractional odds
  ...ion. While fractional odds can be used to describe the odds of any betting market it is primarily used when discussing [[long odds]] such as [[future]]s. ...e example below the Los Angeles Lakers have 1/9 odds on the [[moneyline]]. Betting $300 would yield $100 profit for a total return of $400. This is calculated
  3 KB (361 words) - 19:28, 1 November 2019
• American odds
  American odds is a format used to display betting odds. Positive and negative numbers are used to indicate potential profit r The betting odds for any market will be either a positive or negative number. The negative numbers require
  3 KB (412 words) - 16:41, 1 November 2019
• Mayan Sports
  ...in 1998. It was one of the earliest internet betting sites serving the US market. Mayan launched in 1998 using betting software developed by [[Cyberoad]]. This was the same technology powering o
  1 KB (196 words) - 21:31, 25 September 2019
• Favorite
  ...on the [[moneyline]] relative to initial risk. The other side of the same market with a lower perceived chance of winning is known as the [[underdog]]. ...r chance of winning and therefore carry [[moneyline]]s with negative odds. Betting on a favorite's outright victory yields a smaller profit relative to risk.
  2 KB (376 words) - 21:05, 1 January 2020
• Double chance
  ...g market]]s are offered for many sports they are most frequently used when betting on football (soccer) due to the relatively higher frequency of draws.
  1 KB (201 words) - 22:40, 14 January 2020
• Underdog
  ...s a [[plus money]] return on the [[moneyline]]. The other side of the same market with a greater perceived chance of winning is known as the [[favorite]]. ...nt spread is being used to balance the perceived ability of both teams the betting odds are normally equal around -110. This means a $110 risk would yield $10
  2 KB (375 words) - 20:55, 1 January 2020
• Implied probability
  In sports betting '''implied probability''' is the conversion of betting odds into percentages. This calculation takes into account the bookmaker's Consider the [[spread]] market in the example above. Green Bay -3.5 and Seattle +3.5 both have the same od
  7 KB (886 words) - 20:32, 15 January 2020
• Glossary of sportsbetting terms
  ...ttors throughout the world use different terminology when discussing their betting progress. Some of the terms featured on this page are not universal. |A betting ticket where multiple bets are combined. Each individual bet selection must
  11 KB (1,786 words) - 17:19, 13 October 2021

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