Glossary of Betting Terms
A Moneyline – or “Straight-up” wager is a bet on the outright winner of a game or event, absent of any point spread adjustments. The moneyline indicates how much you must wager in order to win $100. A -200 moneyline means you would win $100 if you bet $200 and won.
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.
The “total,” or “over/under” is the sum of all combined points scored in a game by both teams. For totals bets, a player can choose to wager on either the OVER or the UNDER.
- O = total over
- U = total under
Futures are bets for events in the future. Odds are continually adjusted in the time leading up to the event.
A parlay bet is a bet that includes two or more individual wagers. In order to win all outcomes within the parlay must be correct. Parlay odds will automatically adjust in your Betslip as bets are added.
A prop bet is a special wager not related to the final score of the game.
Prop bets often involve individual players but can also be related to a specific game, team or player outcomes.
When the outcome results in no winner.
For 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.
A record of bets placed and their odds.
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 info on cash outs click here
For select games and events, Live Betting (betting on the game while it's in progress) is offered and an available wagering option. Once a game or event begins, a live game line will be posted on the site under the ‘Live Betting’ section.
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.
Bets placed that are in progress and awaiting the outcome.
Bets where the game has concluded and the outcome/results are available.