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Glossary
Airdrop
A crypto airdrop is a promotional activity typically performed by blockchain-based startups to help bootstrap a virtual currency project. Its aim is to spread awareness a...
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Alternative Lines
An alternate line is a spread or total that is a derivative of the standard betting market. These lines will be higher or lower than the main li...
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Action
When someone has action on the outcome of a sports game, it’s a way of saying they have placed a bet on the game. To have action means you have a monetary interest ...
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Banker
Refers to the bet that you are most confident about (there is no such thing as a guaranteed win in any betting circumstance – it’s important to understand tha...
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Bankroll
The sum of money we’re prepared to risk losing, and then allocate that sum of money to be used solely for the purposes of betting on sports. Bankroll managemen...
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Beard
Betting runner who places bets for professional bettors so that they can hide their identity from bookmakers. Several reasons make someone use a beard rather than just p...
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Bookie
A bookie, short or slang for “bookmaker,” is someone who facilitates gambling, most commonly on sporting events. A bookie sets odds, accepts and places bets, ...
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BTTS
Both Teams to Score, or ‘BTTS’ as it is often abbreviated, is a bet that requires each team to score during a match in order to win. In fact, it’s a par...
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Cashing Out
It is a feature that allows players to withdraw their bets before the end of the event. As mentioned, early cash-out betting is a way to end the bet before the sport...
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Chalk
The term chalk in sports betting simply means that side of the bet is the favorite – usually a very heavy, or strong, favorite – to win that side of...
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