Token
Aa
Action
Betting
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 in the outcome of an event.
If you’re an avid sports bettor and you’ve likely been called an action junki...
Airdrop
Crypto
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 about the cryptocurrency project and to get more people trading in it when it lists on an exchange as an initial coi...
Alternative Lines
Betting
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 line being offered at (or around) -110 odds. Alternative lines that have a higher win probability will have shorter odds. ...
Approve Transaction
Crypto
The action of authorizing a transaction in a decentralized application or wallet, typically to allow the movement of funds or execution of a smart contract.
Arber
Betting
A short for arbitrator. This is a bettor who uses the variations in odds and bets on different outcomes of the same event on different betting sites, guranteeing himself a profit.
Bb
Banker
Betting
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 that any wager can lose). It’s important to do your research and select a team which is likely to win. You don’...
Bankroll
Betting
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 management helps you gamble responsibly. When applied properly, it ensures that you bet within your means and don’t risk mo...
Beard
Betting
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 placing a bet themselves.
Here are a few of the most common:
It is possible for a player who has been banned ...
Book
Betting
Abbreviation for bookmaker or sportbook that publishes odds and takes bets.
Bookie
Betting
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, and pays out winnings on behalf of other people.
Bookies do not usually make their money by placing bets themse...
BTTS
Betting
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 parlay consisting of two wagers - Team 1 to score/not to score and Team 2 to score/not to score.
This type is divi...
Cc
Cash out
Betting
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 sports competition ends, allowing you to make a profit before things potentially go wrong or to stop the bleeding before thin...
Chalk
Betting
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 the bet. This can be a team, a player/individual, a statistical outcome or a horse.
Strong favorites are typically t...
Chalk eater
Betting
A person who bets only on favorites.
Circle game
Betting
When you hear the term “circled game” tossed around in sports betting discussions, it refers to the sportsbook method of limiting the betting action for a specific game. A “circled game” cannot be included in any exotic bets such as teasers or parlays and will only ...
Coin
Crypto
A type of cryptocurrency that operates independently on its own blockchain. Examples include Bitcoin (BTC) and Ethereum (ETH).
Dd
Dime
Betting
When you hear someone use the term “dime” they are often referring to a size of bet that is 10,000 times bigger than an actual dime. If you bet a “dime” on a game, you are wagering $1,000. With this scale, it shouldn’t come as a surprise that a “nickel b...
Dutching
Betting
Dutching is actually an umbrella term for any set of bets that are guaranteed to give you a profit (or at least break even) as long as you win at least one of them. That includes arbitrage betting, though it is not limited to it.
Backing more than one horse in a race...
A reminder in the crypto community to conduct thorough research before investing, rather than relying on others' advice or trends.
Ee
Edge
Betting
Getting an advantage through massive research or possessing knowledge that is not known by the general public.
Having an edge in sports betting involves finding bets that are more likely than the odds. Since this is the most effective way to become a successful sports bettor, getting an...
The decentralized computing platform that executes smart contracts on the Ethereum blockchain. It acts as the runtime environment for Ethereum-based applications.
Expected Value (EV)
Betting
It is a measurement of expected profits or losses over the long term. A positive expected value (+EV) will provide long-term profits. A negative expected value (-EV) will provide a long-term loss. We could flip a coin for hours, and neither of us would have an advantage. That's be...
Ff
The anxiety or fear of missing an exciting or profitable opportunity, often driving impulsive decisions in the crypto space.
Gg
Goliath
Betting
The goliath is an 8 selection wager consisting of 247 bets: 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds and an eight-folds accoomulater
Named after the considerable number of bets that make this wager, the goliath is one of the largest bets ava...
Hh
Handicapper
Betting
A person who studies different factors such as statistics, injuries, weather, and news for predicting the outcome of games.
This definition can refer to almost anyone who bets on sports, assuming that person takes time to find an edge against the sportsbooks with the goal of turning a p...
Handle
Betting
The total amount of money placed on the account in the game.The most popular use of the term is the Super Bowl, which always has one of the biggest crowds of the year. Sportsbooks often keep track of the number of bets for a particular event so they can compare it with previous years, whic...
High roller
Betting
It is a player who constantly bets large amounts of money.
Mm
Moose
Betting
It refers to a bet that is considered to be a sure winner. A moose is usually a large wager, and it is often made on a favorite team or player.
When you make a moose, you are essentially putting your money on the line and saying that you are confident in your pick. This can be a risky b...
Mush
Betting
Betting with a mush simply means creating bad luck for others in betting situations. The mush is also considered to be some kind of invisible force that brings bad luck and generally bad outcomes in online casino games of chance - an evil eye or a devil, if you prefer. The term can also be...
Nn
Nap
Betting
NAPs are most common in horse racing with respected tipsters providing their best bets on a daily basis. They’re a very handy option if you want to take advantage of being given expert insight by an industry pundit who has the inside track. Whether that be at the Cheltenham Festival,...
Network Fee
Crypto
The transaction cost required to process and validate a transaction on a blockchain network.
Pp
Parlay
Betting
Parlay bet / accumulator / combo bets are bids composed of two or more events, each of which affects the overall prospect of the bet. You can only succeed if all events were played and/or some of them were voided. Bad news here is a loss of at least one of the picks, leading to inevit...
Profit
Betting
The amount of money that a bettor will win if a bet is successful.
Ss
Stake
Betting
The amount of money a bettor places as a bet. The definition of "stake" is the amount of money that is risked or invested in the success or failure of a horse race, casino game or sports match. A bet can also be called a wager and represents the total amount of investment in a gi...
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