theScore Bet makes it easier than ever to bet on sports in real-time from your mobile device. If you’re new to sports gaming or looking for a refresher on betting terminology check out the following guide. Thanks for playing with theScore Bet!
Betslip - A record of bets placed and their odds. Your betslip will appear in the bottom section of your screen after selecting a bet.
Cashing Out - A cash out option lets you settle an active bet before the event you are betting is over. This allows you to walk away with part of your winnings or “cut your losses” if the event is not playing out in your favor.
For more information on cash outs click here
Example: The player could bet the Chicago Bears to beat the Green Bay Packers. If during the game the player does not think this bet will win, they may cash out for a reduced amount compared to the potential winnings.
Cover - A favorite covers the Spread when they win the game by more than the number from the pre-game line.
Example: If the New Orleans Saints were -6.5 favorite to beat the Atlanta Falcons and the Saints won the game by 7 points or more, they covered the spread.
Futures - Futures are bets on outcomes that won’t be determined until a later date. A futures bet could be placed on a team to win the championship, a team’s record, an end-of-season award, a player’s end-of-season statistics, etc.
Example: The player could bet a specific team to win the Stanley Cup at the line set by the oddsmaker. A successful bet of $100 on the Boston Bruins to win the Stanley Cup at +800 would net the player $800 and a $900 total payout.
In-Play/Live Betting - In-play/live betting allows the player to place wagers as the game is in progress. The odds will automatically adjust to reflect the current game state including scoring changes, injuries, and time remaining.
Example: If the 76ers were losing 90-80 to the Wizards in the 3rd Quarter, the player could place a live bet on the 76ers to come back and win or the Wizards to hold onto their lead and win. At this point the odds would likely differ from what was listed pre-game as live odds will always reflect the current game state.
Limits - Every bet is subject to the limits set by the oddsmakers. Depending on a wide variety of circumstances, all games, prop bets, futures, and more will have a maximum amount that is allowed to be wagered.
Example: If the Miami Dolphins are +600 to beat the Pittsburgh Steelers, there may be a limit on how much the player can bet on Miami. There could also be a limit on betting the Steelers. The limits are set at the discretion of the oddsmakers.
Moneyline Bet - A moneyline bet is different from a normal bet as the point spread is not taken into account. When betting the moneyline, the player is simply betting on which team will win the game. When placing a moneyline bet, there will often be a favorite (-) and an underdog (+). In one case the favorite may be listed at -320 while the underdog may be listed at +260. This means the player would have to wager $320 on the favorite to win $100, for a total payout of $420. Meanwhile, placing a bet of $100 on the underdog would win $260, for a total payout of $360.
Example: Placing a Moneyline Bet on the Washington Capitals (-320) to beat the New Jersey Devils (+260) will pay out if Washington wins the game.
Night Switch - From 2am to 9am Eastern Standard Time, there is a limit placed on bets for the coming day as oddsmakers must monitor all incoming wagers. Regular limits will resume at 9am EST.
Example: Attempting to place a large bet overnight on the next day’s NFL games, the player may find that their bet is being limited by the night switch.
No Action - In the rare case a game is unable to be completed, any bets will be deemed no action. All money placed on the game will be returned to the players.
Example: Due to inclement weather a game is unable to be played and there are no available makeup dates. The game is cancelled and all bets are considered no action.
Odds - Odds are often displayed in one of three formats: American (moneyline), European (decimal), and British (fractional).
Example: If a player is betting $100 to win $110, the odds would be shown as follows:
American (Moneyline) - +110
European (Decimal) - 2.10
British (Fractional) - 11/10
See Screenshot for American (Moneyline) Odds
Off the Board - A game will be deemed unavailable for betting at the oddsmakers’ discretion. A game could be taken off the board for a number of reasons, though it is an uncommon occurrence. The most common reason for a game being taken off the board is a questionable injury status for a significant athlete.
Example: If Deshaun Watson is a game-time decision for the Houston Texans and the oddsmakers are unclear on his status, they may take the game off the board depending on their level of uncertainty. If the situation is clarified, the game may reappear with updated odds.
Open Bets - Placed bets that are in progress and awaiting an outcome.
Over/Under (and Team Over/Under) - An over/under is a bet on how high or low the final score of a game will be. A number will be set prior to the game and the player has the choice of betting whether the total final score will be higher or lower than the listed number. Players can also bet team-specific over/unders if they think a certain team will score more or less than their listed number. This type of bet can also be made on specific parts of the game, such as the First Quarter, First Half, First Five Innings of an MLB game, etc.
- O = total over
- U = total under
Example: If the over/under for Lakers vs Suns is set at 217, the player can bet the total score to add up to a higher or lower number than 217. If the game ends 110-100, the total would be 210 and the under would be a winning bet. For a team-specific case, the Suns’ over/under for the first quarter may be listed at 25.5. If they score 28 points in the first quarter, the over would be a winning bet.
Parlay - A parlay wager is a bet that combines multiple games into one wager. In a parlay, each team must cover their respective spread for the bet to be successful. In a moneyline parlay, each selected team must win to be successful. In the case of a tie, the tie game will be considered no action and the parlay will be downgraded to involve only the remaining games from the original wager.
Example: Placing a 3-team parlay on the Patriots, Rams, and Chiefs will pay out if each team covers their respective spread. If it were a moneyline parlay, each team would have to win their respective games. If one game were to end in a tie or push, the bet would be downgraded to a 2-team parlay and the odds would be adjusted accordingly.
Payouts - A Payout is the amount the player receives if their bet is successful. The payout is determined by the odds and the amount placed on the bet. The payout includes the amount placed on the bet in the winnings.
Example: Betting $100 at odds of +250 would see the user collect a total Payout of $350.
Pick’em - A pick’em is a game that has an even spread. In this case, neither team is listed as the favorite.
Example: A matchup between NFL teams may be listed as a pick’em if the oddsmakers feel the teams are evenly matched for that particular game.
Point Spread - Wagering on the point spread, or the "line," involves wagering on one of two things:
- Whether a team will WIN BY MORE than the given amount of points.
- Whether a team will LOSE BY LESS than the given amount of points.
The team perceived to have the best chance of winning a game (the “favorite”) is given a handicap of a certain number of points for wagering purposes. This handicap is known as the "point spread," and can also be referred to as the "line" or "price". The favorite is always listed with a negative number. Essentially a line of -2 means 2 points are subtracted from the favorite’s final score. If the favorite still has more points than the underdog after these points have been subtracted, then a bet on the favorite wins.
The point spread odds indicate how much you must wager in order to win $100. A -110 odd means you would win $100 if you bet $110 and won.
Example: With the Kansas City Chiefs as a Favorite of -7.5, they beat the Tennessee Titans 27-24. Subtract 7.5 from Kansas City’s score, and they would be at 19.5. This means Tennessee covered the spread, and Kansas City did not. Any spread bets on Tennessee would win, while spread bets on Kansas City would lose.
Prop Bet - A prop bet is a non-traditional bet on a specific aspect of a game. Rather than picking the winner of the game, the player will bet on a specific event taking place.
Example: Will Julius Randle score over or under 18.5 points against the Chicago Bulls?
Push - A push occurs when the outcome of the game results in no winning or losing bets. In this instance, all placed bets are returned to the player.
Example: If a bet is placed on a team with a -5 point spread and the team wins by exactly 5 points then the outcome is a push.
Settled Bets - Bets where the game has concluded and the outcome/results are available.
Teaser - A teaser is a wager which allows the bettor to adjust the point spread in their favor for events. If a bettor wishes to place a teaser bet, they must parlay a minimum of two or more different games onto one ticket.
Example: A player could bet the Saints and Ravens in a teaser in order to lower the spread in each game. The odds would change depending on how much the spread is lowered in each game.