Spread

A match that is close until the last second of the game.

A horse racing bet where the bettor picks the first, second, third, and fourth-placed horses.

A bet that has a low chance of winning.

When you bet on a team to win.

A single bet (as opposed to a parlay or accumulator).

The money that is wagered on a bet.

Also known as a newbie or noob. Someone who is new to sports betting.

A place, either physical or online, that accepts money from bettors to place bets on and then subsequently hand out payouts.

Odds that seem valuable to a bettor.

Wagers placed by a sharp individual.

An individual who is seen as cunning in terms of sports betting.

A big win.

An individual who constantly discusses unrealistic win percentages and predictions.

Also known as arbitrage. A strategy that involves betting on both sides of a match with different odds to ensure profit.