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Online Betting
Glossary - S-Z
A-C
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/ M-R / S-Z
Scouts
- Refers to a bettor that waits for what he considers to be an unusually
strong wager. Basically, he is keeping an eye on the market movement
and betting activity before choosing his bet.
Scratch - Refers to horseracing when a horse is withdrawn
from the race before it has started. All wagers on this horse are
then refunded.
Sharp - Another term for a wiseguy - a professional gambler.
Shorten - when a bookmaker reduces the odds. The opposite
to lengthen.
Show - This is a bet in horseracing that you collect if a
horse comes first second or third.
Shut Out - What happens to a bettor who gets on the betting
line too late and is still waiting in line when the window closes.
Also, in sports betting, when the losing team does not score.
Single - Also known as a straight bet. Refers to a singular
bet on one team, competitor or horse.
Special bet - Also known as a proposition bet. This type
of bet is odds set by the bookmaker on unique and various topics.
This can include politics, pop music, etc.
Sportsbook - The person, shop or website who accepts bets.
Square - The opposite to a sharp - someone that bets casually
and is not a professional or full-time gambler.
Stake - amount placed on the bet.
Steam - refers to heavy movement on a betting line, which
is usually caused by many people betting on it.
Straight bet - This is the name of a bet on just one team,
competitor or horse.
Superheinz - 120 bets involving 7 selections in different
events, i.e. 21 doubles, 35 trebles, 35 four-folds, 21 five-folds,
7 six-folds and 1 seven-fold.
Super Yankee - Is a multiple bet more commonly known as a
Canadian. A Super Yankee is a Yankee type bet with five selections
instead of four.
System - A method of betting, usually mathematically based,
used by a bettor to try to get an advantage.
Taking the
points
- betting on the underdog and its advantage in a points spread.
Tips - The selections and predictions of competitor's performance
for an event from an expert or observer.
Tipster - someone that offers tips on events.
Total - A sports bet for the combined amount of goals, points
or runs scored by all teams in a game or event. The bettor will
wager on whether the total amount will be over or under a priced
amount.
Tout Service - A business that sells opinions and tips on
sports events.
Tote - Short for Totalisator. A system introduced to Britain
in 1929 to offer pool betting on racecourses.
Trifecta - A horseracing bet where someone can wager on three
horses to finish in the top three in one exact order.
Triple sharp - a phrase for the 'ultimate' betting professionals;
the sharpest of the sharp.
Trebles - A triple bet on three events. A form of parlay
or accumulator.
Trixie - A Trixie consists of 4 bets involving 3 selections
in different events, i.e. 3 doubles plus 1 treble.
True Odds - The real odds of something happening as opposed
to what bookmakers offer.
Under
- This refers to a Total bet, where the bettor wagers on whether
the total amount of goals/points will be under a certain priced
figure.
Underdog - Also known as dog and outsider. This is the contestant/team
that is the least likely to win and has a large price.
Union Jack - A bet consisting of 8 trebles on 9 selections
A to I: ABC, DEF, GHI, ADG, BEH, CFI, AEI, and CEG.
Wiseguy
- a well-informed handicapper or bettor.
Yankee
- A bet that consists of four selections, combining them into six
doubles, four trebles and one fourfold - i.e. eleven bets. An American.
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