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Online Betting
Glossary - G-L
A-C
/ D-F / G-L
/ M-R / S-Z
Gambler
- Also known as a bettor or player.
Getting down - placing a bet or making a wager.
Goliath - A multiple bet consisting of 247 bets involving
8 selections in different events (28 doubles, 56 trebles, 70x4 folds,
56x5-folds, 8x7-folds and one 8-foldfold).
Gross win - a win before expenses.
Half time
bet - a bet placed only on the second half of a game.
Handicap - also known as the Spread. A Handicap is a bet
where the favored side has points deducted and the underdog points
added to even up the bet.
Handicapper - Someone that studies and wagers on sporting
events.
Handicapping - the attempt to predict the outcome of a game.
Handle - Total amount of bets taken.
Hang Cheng - The Asian equivalent of a point spread.
Hedging - Placing bets on the opposite side in order to cut
losses or guarantee a minimum amount of winnings.
Heinz - A multiple bet consisting of 57 bets involving 6
selections in different events (15 doubles, 20 trebles, 15x4 folds).
Hold - The percentage the house/sportsbook wins.
Hot game - A game that has had many wagers on one side by
handicappers.
House - The slang term for the bookmaker, sportsbook or betting
establishment that offers betting lines.
Joint favorite(s)
- the term for two teams/contestants that have equal lowest
pricing.
Juice - Also known as the margin or vig. A bookmaker's commission.
Kite
- UK slang term for a check.
Lay a bet
- An acceptance of a bet by a bettor to the bookmaker.
LBO - Abbreviation for Licensed Betting Office in the UK.
Lengthen - the movement by the linemaker of odds so that
they are made longer.
Limit - the maximum amount a bookmaker will permit a bettor
to wager on certain odds.
Line - Also known as betting line. The betting proposition
on a game and/or payoff odds on the bet.
Lock - also known as banker. A certain winner.
Long odds - Odds that are greater than 1000.
Longshot - a team/competitor that is a far outsider and large
underdog.
Lucky 15 - 15 bets involving 4 selections in different events
(I.e. 4 singles, 6 doubles, 4 trebles and 1 fourfold).
Lucky 31 - 31 bets consisting of 5 selections in different
events (I.e. 5 singles, 10 doubles, 10 trebles, 5 fourfold plus
1 five-fold).
Lucky 63 - 63 bets consisting of 6 selections in different
events (I.e. 6 singles, 15 doubles, 20 trebles, 15 four-fold, 6
five-folds, and 1 six-fold).
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