When the amount of combined points/goals/runs scored by two teams finishes below the total posted by a sportsbook.

Another word for bookmakers’ commission or “juice” aka “vig” for short.

The team or individual expected to lose a sporting event based on the point spread or moneyline.

Like a parlay, but the point spreads are adjusted more to favor the bettor, giving less on a favorite or taking more on an underdog in exchange for a lower payout.

The combined points/goals/runs scored by two teams in a sporting event.

A single wager on just one team or athlete.

A “novice” bettor who is generally characterized as the “public.”

A rapid change in the betting line due to heavy wagering.

The team (favorite or underdog) a bettor wagers on to win and cover ATS.

Short for “point spread.”