INTRODUCTION

Welcome to Maui Sports Bet University . This is merely a friendly tutorial on sports betting and terminology. The purpose is to help educate you on the most popular forms of sports wagering and to become acquainted with common sports lingo.

GENERAL RULES OF SPORTS BETTING

All sporting events must be played on the date and site scheduled unless otherwise specified. Sporting events postponed by more than 12 hours or rescheduled usually constitute no action.

Las Vegas, Nevada sports wagering rules, regulations, payoffs and bet types mostly apply.

Basketball
NBA--At least 43 minutes of play needed for bet to have action. Overtime counts for both side and total bets.

NCAA -- At least 35 minutes of play needed for bet to have action. Overtime counts for both side and total bets.In the event of a tie in NCAA conference futures bets, the team entering the conference tournament seeded higher shall be deemed the winner for betting purposes.

NHL -- At least 55 minutes of play needed for bet to have action. Overtime counts.Betting on hockey is done by laying or taking goals and money odds. The minus (-) indicates the favorite; the plus (+) indicates the underdog.

For example, let's say [Hurricanes + 1/2 Even] [Red Wings- 1/2 -1.40] You must lay 1/2 goal and $140 to win $100 on the Red Wings. You must bet $100 and take 1/2 goal to win $100 on the Hurricanes.

Will there be a Score in the First Inning props are accepted with listed pitchers and will be graded as soon as the first inning ends. All bets are action regardless of game suspension or postponement, as long as the first inning is played to completion.

Total Runs+Hits+Errors props are accepted with listed pitchers. The game must go a full 8.5 innings for bets to have action.

Player and Pitcher props are accepted with listed pitchers. The game must go a full 8.5 innings for bets to have action. If there is a pitcher change, all player props for that game will be closed immediately. When the game starts and it is confirmed that a pitcher, other than the listed pitcher, threw out the first pitch, those props will be graded no action.

Betting on baseball is done by laying or taking money odds. The minus (-) indicates the favorite; the plus (+) indicates the underdog. On money odds whenever there is a minus (-) you lay that amount to win a dollar; where there is a plus (+) you get that amount for every dollar bet.

For example [Yankees +120] [Red Sox-140] you must lay $140 to win $100 or $14 to win $10 on the Red Sox. You must lay $100 to win $120 or $10 to win $12 on the Yankees.

Auto Racing
When placing a bet on the outright winner of a race, your driver must start the race for the bet to have action. Both drivers in a match-up bet must start the race for the bet to have action. In league championship betting, a driver must race in at least one race during the season for your bet to have action. The start of any motor race is defined as the signal to start the warm-up lap.

The official winner at the conclusion of the race shall be the winner for betting purposes.

The race must complete the scheduled number of laps and/or distance for specific proposition bets (pertaining to number of laps and/or distance) to have action; match-ups, finishing position props and future bets will have action regardless. Races must be run within one week of the scheduled date for your bet to have action.

Boxing
When the bell sounds signifying the start of the opening round, the bout is considered official for betting purposes, regardless of the scheduled length or title. Fights must run within two months of the specified date for your bet to have action.

If the fight's scheduled number of rounds is changed, all rounds proposition bets are no action. For betting purposes, a round is considered a full round only when the bell sounds signifying the end of said round. The official stopping of a round before the sounding of the bell does not constitute a full round. If one or both fighters fail to answer the bell for a round, the fight is judged to have finished in the previous round. If the fight ends in a decision or draw, all pick the round proposition bets lose.

Cricket
If a match is shortened for any reason, bets will be governed by the official competition rules.If a match results in a tie, bets will be no action.

Golf
Should a tournament be shortened or otherwise affected by weather, the official result will be used when settling, regardless of the number or rounds played. However, should there be no further play after a bet is placed that bet will be no action.

When betting on the tournament winner, bets on a golfer who does not play are no action. A golfer is deemed to have played once he has teed off.

For match-up betting all of the players listed in the match-up bet offer must tee-off for your bet to have action. The player with the most completed holes wins. If the players complete the same number of holes, then the player with the lowest score wins. If the players are still tied then the bet will be no action and all monies will be refunded. If both golfers in a match-up are in a playoff then (a) the winner of the play-off wins the match-up and (b) all other playoff participants tie each other.

Single day match-ups are bets on that particular day's 18-holes. Single day match-ups do not include holes played as part of the completion of a previous day's round nor playoff holes considered part of the overall tournament score. Should a day's round be shortened or otherwise affected by weather and the round is continued the next day, the full 18 holes will be considered in determining the outcome of the bet even if they are played over two days. If both members of the match-up do not complete the full 18 holes, all bets are no action.

For tournament props, all four rounds must be played for bets to have action. For bets on finishing positions, the official final tournament results will determine the winner.

Horse Racing
All bets are action regardless of injuries, scratches, non-starts, incomplete finishes or any other situation where placement cannot be determined.

Rugby
If a match is abandoned or postponed (not played on the scheduled day) all bets are no action, except bets on the first try scorer if a try has been scored prior to abandonment.If a venue is changed, bets will stand unless the game is to be played at the original away team's ground in which case all bets will be no action.Bets taken on first try scorer will be no action if the player does not take part in the game or comes on after a try has already been scored.

Soccer (European Football)
All football bets will be settled on 90 minutes play. This includes any time added by the referee in respect to injuries and other stoppages. Extra Time, Golden Goals and Penalty Shoot-Outs do not count.

To place and win a bet, you must correctly predict the result of at least one game, indicating if the game will be a home win, a tie or an away win. To win a parlay bet each of your selections must be correct. Keep in mind that for betting purposes a game can end in a tie, and when that happens, only bets placed on the tie will be winning bets. All other bets will be losing bets.

Bets taken on first goal scorer will be no action if the player does not take part in the game or comes on after a goal has already been scored. Bets taken on last goal scorer will be no action if the player does not play or come on as a substitute.

If any match is abandoned or postponed, all bets will be no action unless the relevant market result has already happened. For example, if a goal has already been scored the first goal scorer betting will stand.

When a venue is changed, bets will stand unless the game is to be played at the original away team's ground in which case all bets will be no action.

Tennis
For tennis Match Betting, two full sets must be completed for wagers to stand. If fewer than two sets are completed all wagers will be considered no action.

All bets will stand regardless of any of the following taking place:
(a) change of playing surface (b) change of venue (c) change from indoor court to outdoor court or vice versa (d) match is delayed until the following day due to inclement weather.For tennis Set Betting, if the match does not start or is incomplete due to either players' incapacity or disqualification, then all bets are no action.

Other Sports
All other events that involve a scheduled length of play or time limit must play to their conclusion or have five minutes or less of the scheduled playing time remaining when the contest concludes to be considered official for betting purposes.

BET TYPES AND RULES OF THE GAME

STRAIGHT WAGER LINES

A line is the set of rules used to calculate results and payouts of straight wagers. The four standard line types are listed below.

• Point Spreads
• Money Lines
• Totals
• European Prices

Point Spreads
A Point Spread bet is placed on one team to win against another, subject to the Point Spread.

The favorite is indicated by the minus sign "-" and the underdog is indicated by the plus sign "+". To determine the winner for betting purposes, the Point Spread is added to the final score of the team you bet on. Point Spread rules are as follows:

• To win your bet, the team you bet on must win by the Point Spread.
• On certain events you can adjust the point spread by buying points.
• Games that tie when taking the point spread into consideration are no action which means your original bet amount will be refunded to your account.
• The odds are $1.10 to win $1.00 (-110) unless otherwise indicated.
• You cannot place a Point Spread bet on opposing teams.
• You cannot place a Money Line and a Point Spread bet on the same team.
• You can place a Point Spread bet on one team and a Money Line bet on the opposing team.
• You can combine a Point Spread bet with a Totals bet.
• The Point Spread may change between the time you place your bet and the time the event starts; regardless, your bet is subject to the point spread displayed at the time you placed your bet.

Money Lines
Money Lines are the simplest form of sports bets. The team you bet on just has to win the game. Your bet is not subject to a point spread. The amount you may win is determined by the money line. Money Line rules are as follows:

• Money Lines are displayed with a plus "+" or a minus "-" sign.
• Money Lines posted with a minus sign "-" require a bet equal to the amount shown after the minus sign to win $100.
• Money Lines posted with a plus sign "+" require a $100 bet to win the amount shown after the plus sign.
• To win your bet, the team you bet on must win the game.
• Tie games are no action, which means your original bet amount will be refunded to your account.
• You cannot place a Money Line bet on both teams.
• You cannot place a Money Line bet and a Point Spread bet on the same team.
• You can place a Money Line bet on one team and a Point Spread bet on the opposing team.
• You can combine a Money Line with a Totals line, even on the same event.
• The Money Line may change between the time you place your bet and the event's start time. Payout of your bet is subject to the Money Line that was displayed at the time you placed your bet.

Totals
Totals are also known as over / under bets. You bet that the actual combined total score of both teams will be over or under the number displayed in your bet. The winning team is irrelevant to this bet. Totals rules are as follows:

• If the actual combined total score of both teams is equal to the number displayed in your Totals bet, the bet is no action; this means your original bet amount will be refunded to your account.
• The odds are $1.10 to win $1.00 (-110) unless otherwise indicated.
• On certain events you can adjust the odds by buying points.
• You cannot place Totals bets on opposing teams.
• You can combine a Money Line or Point Spread bet with a Totals bet.
• The Total amount may change between the time you place your bet and the time the event starts; regardless, your bet is subject to the Total amount displayed at the time you placed your bet.

European Prices
European Prices are similar to Money Lines. Most sports books will display them in decimal format and use two formulas to calculate payouts.

European Prices above 1.0

(Wager Amount) x (European Price) = Total Payout

European Prices below 1.0

(Wager Amount) x (European Price) + Wager Amount = Total Payout

Conversion

If you prefer Money Lines to European Prices or vice versa, you can convert the line to your preferred type.

Use this formula if the Money Line has a minus sign "-".

European Price = (100 / (Money Line * -1)) + 1

Use this formula if the Money Line has a plus sign "+".

European Price = (Money Line / 100)+1

The following table displays conversions of Money Lines to European Prices.

European Prices do not always convert evenly into Money Lines since Money Lines are based on whole numbers.

Buy Points
Buy Points allows you to move the point spread in your favor by paying a surcharge. You can only buy points on football and basketball point spreads and totals.

You can normally buy an extra 1/2 point by laying -120 instead of the standard -110.

Buying points on or off key points or magic numbers is more expensive. Three is usually the key point in football. Although there are no standard key points in basketball, we may set key points on certain games.

After you buy a point and place your bet, check your betting ticket to see the new price on the event.

SPECIAL LINES

SPECIAL LINES

The following special lines are available to offer increased flexibility and potential payouts.

• Quarter
• Half-Time
• Parlays
• Progressive Parlays
• Teasers
• If Bets
• Futures
• Propositions

Quarter
Quarter lines allow you to bet on the first, second, third and fourth quarter of basketball and football games. Quarter lines are generally posted at the end of the previous quarter. Quarter betting rules are as follows:

• Quarter bets are calculated the same as straight bets unless otherwise indicated.
• Game must go the full quarter for quarter bet to have action.
• Overtime is not included as part of the fourth quarter.
• Parlays, Teasers and buying of points are not available on quarter bets.

Half-time
Half-time lines allow you to bet on the first or second half of basketball and football games. Half-time betting rules are as follows:

• Half-time bets are calculated the same as straight bets unless otherwise indicated.
• Half-time bets must go the full half for action.
• Overtime is included as part of the second half.
• Teasers and buying of points are not available on half-time bets.

Parlays
Parlays are wagers on two or more teams in no particular order where all selections must win for the wager to win. Parlay rules are as follows:

• In the event of a tie or no action, the parlay reverts to the next lowest number for payout. A 2-team parlay reverts to straight wager.
• Parlays that incorporate money lines or European prices are paid out based on the odds of the individual selections.
• You cannot bet on connected events on the same parlay card. For example, one leg of a parlay is for Sampras to beat Henman in the 4th round of Wimbledon and an additional part of the parlay is for Sampras to win the overall Wimbledon title. The match forms part of the overall tournament and is therefore connected. In the same way, you cannot parlay the over of the first half of a football game with the over of the full game because the two are connected.
• By placing a Parlay bet you can increase your payout odds. For example, you want to bet on the Canucks to beat the Wings and the Canucks to beat the Avalanche, but the odds are even money. You are pretty sure the Canucks are going to win both events so you want better odds. By parlaying the two games you increase your odds to 13:5.

  Parlay Payouts
  The following parlay payout table is valid if all selections within the parlay are based on the standard point spread or totals line of -110 (bet $110 to win $100).

To calculate odds for parlays that use money lines other than the standard -110, you should convert the money line to a European price. Then calculate the parlay payout odds by multiplying the European prices of each event together.

Progressive Parlays
A Progressive Parlay is a wager on four to twelve events to win. Even if some of the events in your Progressive Parlay lose, you may still win your wager. Progressive Parlays are accepted only on the Point Spread, not on the Money Line or Totals. Progressive Parlay rules are as follows:

• A tie or no action is considered a loss for that particular event.
• If there is a loss, the parlay reverts to the next lowest number for payout.
• You cannot bet on connected events on the same parlay card. For example, one leg of a parlay is for Sampras to beat Henman in the 4th round of Wimbledon and an additional part of the parlay is for Sampras to win the overall Wimbledon title. The match forms part of the overall tournament and is therefore connected. In the same way, you cannot parlay the over of the first half of a football game with the over of the full game because the two are connected.

  Progressive Parlay Payouts
  Each type of Progressive Parlay uses different odds to pay out winning wagers.

The parlay payout table above is valid if all selections within the Progressive Parlay are based on the standard point spread line of -110 (bet $110 to win $100). A "--" in the table above indicates a losing parlay. Payout odds are subject to change without prior notice.

Teasers
A teaser is a parlay in which you take more points or lay fewer points than the line, thus adjusting the point spread in your favor. However your payout odds are reduced when you do this. Teaser rules are as follows:

• A teaser can only consist of point spreads and totals; you cannot buy points.
• The number of teams and the number of teaser points you select determines your payout odds.
• A tie or no action and a win on a 2-team teaser shall constitute a no action wager.
• A tie or no action and a loss on a 2-team teaser shall constitute a losing wager.
• A tie on a 3 or more team teaser shall revert to the next lowest betting bracket. For example a tie on a three team teaser becomes a 2-team teaser.
  

  Teaser Payoff Odds for Basketball and Football

Other Teasers
• 3-team 10-point football teaser odds are 10/12 - ties lose.
• 3-team 7-point basketball teasers odds are 10/12 - ties lose.

The two teasers listed above can only be made on the point spread. Money lines and totals cannot be used.

If Bets -- If Win and If Action
An If Bet allows you to increase your betting power and limit your risk by placing multiple bets on one betting ticket; each individual bet after the first bet will only have action if the previous bet in the sequence is successful. This limits your risk to the dollar amount of the first bet on your betting ticket.

An If Bet is also useful if you want to make more than one bet, but do not have adequate funds in your account to cover the second bet unless the first bet wins. An If Bet will place the second bet immediately upon success of the first bet. If Bet rules are as follows:

• One If Bet can contain two to seven individual bets.
• If Bets must be made prior to the start time of the earliest event.
• Bets do not have to be made in the order of each event's start time.
• The first bet's limit is set by the house.
• Additional bets in the sequence use the bet amount of the first bet.
• The first bet is always placed unless it is considered a no action event.

  Two Types of If Bets

  If Win
  You choose the order of each bet in the series. The first bet is always placed. Each subsequent bet is placed only if the previous bet wins. If any bet in the If Win series loses, ties or is considered no action, then all subsequent bets on the betting ticket are considered no action.

  If Action
  You choose the order of each bet in the series. The first bet is always placed. Each subsequent bet is placed only if the previous bet is won, considered no action or is a tie game (also know as a push). If any bet in the If Action series loses, then all subsequent bets on the betting ticket are considered no action.

Futures and Propositions
Future bets are based on the outcome of events that happen each year. Propositions are bets based on the outcome of special events. All bets are final. There will be no payouts until the conclusion of the specified season for futures or the conclusion of the specified event for propositions.

If your selection (person, team, etc.) does not participate in the event for any reason, your bet is considered a loss.

The odds we offer may change between the time you place your bet and the time the event starts; regardless, your bet is subject to the odds displayed at the time you placed your bet.

In the event of a dead heat for first place, stakes will be divided by the number of selections dead heating with the divided stake settled at full odds; remaining stake money is lost. The dead heat rule only applies to future bets. If the tie was a betting option, the dead heat rule does not apply.

GENERAL BETTING AND FORUM LINGO

Action - A sports betting wager of any kind, a bet.

Added Game - For sports betting, a game not part of Las Vegas regular rotation posted as an accommodation to customers.

Angles – Using key factors from previous events to predict the results for future outcomes.

ATS - "Against the spread," taking points rather than betting with the spread and laying points in sports betting.

Beard - In sports betting a beard is a friend or acquaintance who is used to place bets as to conceal the true identity of the real bettor.

Bet – To risk something on the outcome of an event

Book - In sports gambling a Book is an establishment that accepts bets on the outcome of horse racing and sporting events.

Bookie - In sports wagering a person who accepts bets.

Bookmaker – see ‘bookie’

Buck - Sports betting term for a $100 wager.

Buy (Points) - In sports betting, a player pays an additional price to receive half a point or more in his favor on a point spread game.

Canadian Line - In sports betting the Canadian line is a combination point spread and money line in hockey.

Chalk - The favorite.

Chalk Player - In sports gambling this person is someone who usually only plays the favored teams, rarely betting on the underdogs.

Circled game - In sports wagering this is a game in which the betting action is reduced; usually occurs in added games, games with injuries, bad weather, propositions, or halves of games. These games cannot be included in parlays or teasers

Cover - In sports betting this term means a pointspread win.

Data Mining- Searching through a large volume of statistics to find profitable situations to bet on in the future.

Dime - $1,000.00 sports betting wager.

Dime Line - In sports betting a Dime line is a line where the juice is 10%.

Dog - In sports betting, the team perceived to be most likely to lose.

Dog Player - In sports gambling this term refers to one who mostly plays the underdog.

Dollar - $100, in sports wagering.

Double action - An "if bet" in sports betting that is processed if the precedent bet wins, ties or cancels.

Double Bet - In sports betting a double bet is a wager for twice the size of one's usual wager; also known as "double pop" or "doubling up."

Edge - A persons Advantage when it comes to sports betting.

Even Money - Sports betting term "Even money" is a bet whose odds are 1/1; a wager in which no vigorish or juice is laid.

Exotic - In sports gambling the term Exotic is any wager other than a straight bet or parlay - also called a prop or proposition.

Exposure - The maximum amount of money a sports book stands to lose on a game.

Favorite - In sports betting this it the team expected to win an event. The quoted odds reflect the extent to which the choice is favored.

Fifty cents - $50.00 of sports betting action.

Figure - For sports betting, Figure is the amount owed to or by a bookmaker.

First half bet - In sports betting this is a bet placed only on the first half of the game.

Future - In sports gambling odds are posted in advance on the winners of various major events including the Super Bowl, the World Series, the Stanley Cup, and the NBA Championship this is called a Future bet.

Gamble- To risk money on the outcome of an event.

Getting Down - Sports wagering meaning making a bet.

Grand Salami - A sports betting term meaning the grand total of goals scored in all the hockey games of the day. It can be wagered to go Over/Under.

Half a dollar - $50.00 in sports betting action.

Half time bet - In sports betting this is a bet placed only on the second half of the game.

Handicapper - When it comes to sports betting a handicapper is one who studies, rates and wagers on sporting events and/or races.

Handicapping - In sports gambling this is the attempt to predict the outcome of sporting events.

Handle - A sports wagering term that means the total amount of bets taken.

Hedging - A sports betting term that means placing wagers on the opposite side in order to cut losses or guarantee a minimum amount of winnings.

Hook - In sports betting a Hook is a half point added to football and basketball betting lines.

Hot game - Sports betting term for a game that is drawing a lot of action on one side by knowledgeable handicappers.

Juice - The bookmaker's commission on a losing bet, also known as "vigorish."

Laying the points - Betting the favorite by giving up points.

Laying the price - In sports wagering, laying the price means betting the favorite by laying money odds.

Layoff - sports betting term for money bet by a house with another bookmaker to reduce its liability.

Limit - In sports betting limit is the maximum amount a bookmaker will allow you to bet before he changes the odds and/or the points.

Line - In sports betting, the current odds or point spread on a particular event.

Linemaker - In the sports betting industry this is the person who establishes the original and subsequent betting lines.

Listed Pitchers - In sports gambling a listed pitcher is a baseball bet which will be placed only if both of the pitchers scheduled to start a game actually start. If they don't, the bet is cancelled.

Longshot - In sports wagering this is a team or horse perceived to be unlikely to win.

Middle - To win both sides of the same contest in sports betting event. Wagering on the underdog at one point spread and the favorite at a different point spread and winning both sides.

Money line - odds expressed in terms of money. With money odds, whenever there is a minus (-) you lay that amount to win a hundred dollars, where there is a plus (+) you get that amount for every hundred dollars wagered.

Move the line - A player pays an additional price to receive half a point or more in his favor on a point spread game.

Nickel - $500.00, in on a sports gambling wager.

Nickel line - A sports wagering line where the juice is 5%.

No action - A wager in sports betting in which no money is lost nor won.

Odds- The likelihood of the outcome occurring, stated in numbers form.

Off the board - In sports betting this is a game on which the bookmaker will not accept action.

One dollar - $100.00 in sports betting action.

Opening Line- The earliest line posted for a particular sporting event.

Outlaw Line - Term for the earliest line in sports betting. This is an overnight line that only a handful of players are allowed to bet into.

Over - In sports gambling the "over" is a sports bet in which the bettor guesses that the combined point total of two teams will be above a specified total.

Parlay - In sports wagering, a bet with two or more teams in which all teams must win or cover for the bettor to win and receive higher payouts.

Pick 'em - When neither team is favored. Also called a "pick" in sports betting terms.

Point spread - In sports betting this is the predicted scoring differential between two opponents as quoted by a sports book.

Power Ratings- The strength of a team in comparison to another team.

Press - In sports betting this means to wager a larger amount than usual.

Price - Sports betting term for the odds or point spread.

Prop (Proposition) Bet - In sports gambling this is a special wager offered by the sports book on unique and various topics. These wagers can be on sporting events, politics, and even trial outcomes. The wagers use the money line format of pay off odds and might included who scores the first touchdown in the super bowl, who will win the next presidential election, or whether or not O. J. will be found guilty.

Puckline - A puckline for sports wagering is giving odds of a goal spread instead of using a Canadian Line in hockey, where both a goal spread and money line are played.

Puppy - The underdog in an event.

Push - When the contest ends with no winner or loser for wagering purposes.

Round Robin - In sports betting this a series of three or more teams in 2-team parlays.

Run down - In sports gambling this is all the lines for an specific date, sport, time, etc.

Run line - In baseball a spread used instead of the money line.

Runner - One who places bets for another when it comes to sports betting.

Scouts - person(s) who waits for what he thinks is an unusually strong wager. AKA. Sports Player.

Sharp - When it comes to sports betting a sharp is a sophisticated or professional gambler.

Sides - In sports betting, the names of the two teams playing: the underdog and the favorite.

Single action - An "if bet" in sports gambling that is processed only if the precedent bet wins.

Sportsbook- a person or company that accepts bets.

Spread - A spread in sports wagering is the predicted scoring differential between two opponents as quoted by a sports book. See "point spread."

Square - A novice when it comes to sports betting.

Steam - In sports betting steam is when a line starts to move rapidly. Most "steam games" do not necessarily reflect objective circumstances, but are games that a mass of bettors is drawn to for some reason.

Store - A bookie or sports betting establishment.

Straight bet - In sports betting this is a wager on just one team or horse.

Straight-up- Winning the game without any regards to the pointspread.

Systems- Using trends for the past that you are consistent with to predict future outcomes.

Taking the points - When it comes to sports gambling this means betting the underdog and its advantage in the point spread.

Taking the price - In sports wagering this means betting the underdog and accepting money odds.

Teaser - A teaser is a special type of parlay in sports betting in which you adjust the point spread or total of each individual play. The price of moving the point spread (teasing) is lower pay off odds winning wagers.

Ticket - A sports betting wager.

Tie - In sports betting a tie is a wager in which no money is lost nor won because the teams' scores were equal to the number of points in the given line.

Total - The combined amount of runs, points or goals scored by both teams during the game, including the overtime.

Totals Bet - In sports gambling this is a proposition bet in which the bettor speculates that the total score by both teams in a game will be more or less than the line posted by the sports book.

Tout - Someone who sells their expertise on sports wagering.

Trends- Using the past to predict the future focusing in on only one team.

Under - When it comes to sports betting a under is a wager in which the bettor guesses that the total points scored by two teams will be under a certain figure.

Underdog - The team perceived to be most likely to lose. Also known as the "dog" in sports betting terminology.

Value - In sports betting value means getting the best odds on a wagering proposition; the highest possible edge.

Vigorish - The bookmaker's commission on a losing bet; also known as juice in sports betting.

Wager- To risk money on the outcome of an event.

Wise guy - A wise guy is the sports gambling term for a well-informed or knowledgeable handicapper or bettor