SPORTSBOOK & RACEBOOK - BETTING TERMINOLOGY

Futures and Propositions: Future wagers are based on the outcome of events that happen each year. All wagers are final. There will be no payouts until the conclusion of the specified season. Proposition plays are wagers based on the outcome of events that happen each year. Odds change daily and all wagers are considered action at the odds quoted at the time of the wager.

Circled Game :  A game where the maximum bet is restricted, usually due to injuries.

Lines: Another word for odds.

Pick: A game where no team or betting option is favorite.

Pointspread: The handicap, or head start, which the favorite gives to the underdog for betting purposes.

Push: A game which, with the pointspread, is tied or when the combined scores of the two teams ties the total.

Single: A bet on a single result or outcome.

Spread: An abbreviated form of pointspread.

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