Terms and Descriptions

Parlay

Also known as an accumulator. A parlay is when the bettor wagers a single amount on multiple bets. Every bet has to win in order for the parlay to payout.

search for more terms

Push

When your bet results in a tie and the money is refunded to you.

Puppy / Pup

The underdog.

Punter

A sports bettor, more commonly an individual who recklessly gambles.

Puck Line

The hockey version of the point spread.

Public / Public Money

Used to refer to casual gamblers.

Prop Bet / Props

A prop bet is a unique type of bet outside of point spreads and over/under. Prop bets can include almost every other type of bet, such as player points, half-time points, etc.

Professional Handicapper

An individual who bets on sports for a living.

Print Sheet

A sheet where necessary information is printed on for a certain match.

Price

The odds of a game.

Point Spread

Also known simply as the spread. A point spread is created by the sportsbook as a handicap to a certain team. Sportsbooks adjust the point spread to create an equal betting field between two teams.

Pick ‘Em

A game where both teams are evenly matched, allowing the bettor to pick the outright winner for profitable odds no matter which side they pick.

Payout

The money that is earned from a winning bet.

Past Post / Past Posting

A bet that is made after the start of an event.