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.
When your bet results in a tie and the money is refunded to you.
The underdog.
A sports bettor, more commonly an individual who recklessly gambles.
The hockey version of the point spread.
Used to refer to casual gamblers.
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.
An individual who bets on sports for a living.
A sheet where necessary information is printed on for a certain match.
The odds of a game.
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.
The money that is earned from a winning bet.
A bet that is made after the start of an event.
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.