ACTION - Gamble/Bet
BR — BankrollBABY DOLLAR OR SMALL DOLLAR - $1BACK DOOR - Cover bet in final moments of gameBAD BEAT - Tough betting lossBEEF - Dispute over a wagerCHALK — FavoriteCIRCLED GAME - Betting limits reduced due to weather, injuries, etcCLAIM — Dispute over a wager, a.k.a beefCOVER - Win your bet with the spreadDIME - $1,000DOLLAR - $100EARN - Percentage hold
EXOTIC BET - Any bet other than a straight bet
EXPOSURE - Amount of money the sports book stands to lose on a game.
FIGURE - Amount owed by or to a bookmaker.
FORM — Handicapping materials used for horse racing
GET DOWN - Wager on a game
HANDICAPPER - One who studies sports and predicts the results
HANDLE - Total amount of bets taken
HEDGE - Bet the opposite of your wager to reduce your action or secure a partial win
HOOK — Slang for a half point
HOME FIELD ADVANTAGE - Playing at home
JUICE - Refers to the 11 to 10 bettors lay on straight wagers; a.k.a vigorish
LAY A PRICE - Bet a favorite, lay the points
LAYOFF - Wager made by one book with another to balance his action
LIMIT - Maximum bet accepted by the book before line is adjusted
LINE - The odds on a game
LOCK - A can't lose bet
MATADOR - A back-door cover
MIDDLE - Betting both sides of the same game with the intention of winning both bets.
NEUTRAL SITE - Two teams playing away from home
NICKEL - $500
OFF THE BOARD - No more wagers accepted due to injuries, start of game, weather, etc
OVERLAY - When odds are in favor of the bettor rather than the house.
PARLAY - Bet with multiple teams where all must win for the bettor to win
PAST POST - To make a bet after an event has started
PICK - A game with no favorite-an even match-up
PRICE — Line
PUPPY — Underdog
PUSH — Tie
ROUND ROBIN - A series of parlays all within the same wager
RUNDOWN - Line or score update
SCALPER - Betting both sides of a game to earn a profit
SCORE - A big betting win
SHARP - Wise guy
SQUARE - Unsophisticated or recreational gambler
STEAM - Heavy action on one side
STRAIGHT BET - A bet on just one team
TAKE A PRICE - Take the points
TEASER - Similar to a parlay that adds/subtracts from the original line
TOUT SERVICE - A handicapping business that sells opinions on sporting events
UNDERLAY - When the odds on a proposition are in favor of the house
VALUE - An overlay
VIGORISH - See Juice
WISE GUY - Established and successful in sports
Casino Glossary of Terms
Action - The amount of money wagered (put into action) by a player during an entire playing session.
Active Player - In poker, one who is still in play.
Add-on - In poker, the facility to buy additional chips in tournaments.
Aggregate Limit - Total payout liability of a casino during any one game.
Aggregate Winnings - Cumulative or total winnings.
All or Nothing - In Keno, a ticket that only pays if either all picked numbers are drawn or none of the picked numbers are drawn.
Ante - In card games, a bet required to begin a hand. The initial compulsory bet before you receive your cards in Casino Stud Poker.