![]() Moneyline Bet: A straight-up bet on a single team to win a game outright independent of any spread Limit: The maximum dollar amount a sportsbook will allow for a single bet on a game or proposition Juice: Also known as the vigorish (or vig), it’s the amount of money kept by the sportsbook on every bet, typically associated and represented with a spread bet (example: the Celtics are 6-point favorites with -120 juice means the sportsbook keeps 20% no matter the outcome) Sox Transactions, Trades, and Free Agentsīankroll: The amount of funds a bettor has to wagerīet Percentage: The percentage of actual bets at a specific sportsbook on a given side (example: 78% of the bets are on the Patriots)īookmaker: Person who sets betting odds and takes betsĬhalk: The side of a bet with the most public supportĬover: When a team wins by more points than the betting spread OR when the underdog loses by fewer points than the betting spread (or wins outright)Įdge: When a bettor has an advantage over the houseĮven Money: A bet that has no vigorish (“vig” or “juice”) and has a return that equals the original betįavorite: The team or side expected to winįuture Bet: A wager on some sort of game or event that takes place in the future (example: betting on the World Series winner prior to the MLB season).
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