Terms and Descriptions

Payout

The money that is earned from a winning bet.

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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.

Past Post / Past Posting

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

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.