Bob "Blackie" Black
Kareem & Coach
Sinatra as guest on Lefty Rosenthals TV Show in 1977
Stardust featured 3-10-1986
A Sports Bettors Glossary
action: Booking and making wagers
action (in baseball): Placing a bet regardless who pitches.
added game: A game not part of Las Vegas regular rotation.
bad score: Score of a game you loose on.
beard: A person who is used to place
bets so as to conceal the identity of the real bettor.
bet: Any wager.
bite: Borrow (put the bite on).
BM: Bookie, bookmaker.
book: An establishment that accepts bets on the outcome of
horse racing and sporting events.
bookie: a person who accepts bets.
bookmaking: Taking wagers on the outcome of a race or game.
BR: Bankroll, your money.
buck: One hundred dollars.
buy points: A player pays an additional price to recieve
half a point or more in his favor on a point spread game.
Canadian line: Combination point spread and money line used
case money: Your last and only money.
cecil: One hundred dollar bill.
chalk: The favorite.
chalk player: Someone who usually plays favored teams, rarely
betting on an underdog.
charting games: Keeping track of the money wagered on a game
and at what price it was bet.
circled game: A game in which the usual betting limit is reduced.
These games cannot be included in parlays or teasers.
cover: When a favorite wins by more than the point spread.
dime: One thousand dollars.
dime line: A line where the juice is 10 percent.
dog: The team perceived to be most likely to lose.
dog player: Someone who mostly plays underdogs.
dollar: One hundred dollars.
double action: An "if bet" in sports that is processed if the
precedent bet wins, ties, or cancels.
double pop: A wager for twice the size of one's usual wager;
also known as "doubling up."
earners: They bet both sides of the same game when the odds
gave them a chance to a middle, side or to earn juice.
East Coast Line: Mainly used in hockey, which has a split-goal line,
e.g., Penguins (1–1 ½) favorite over the Rangers as opposed to goal
spread plus money line (-1/2–180).
edge: A person’s advantage when it comes to sports betting.
El Paso: Pass on a possible wager.
even money: A bet whose odds are 1/1;
a wager in which no vigorish or juice is laid.
exotic: Wagers other than a conventional straight bets or parlays—also called
a prop or proposition.
exposure: The maximum amount of money a sportsbook or bookie
stands to lose on a game.
favorite:The person or team expected to win.
The bigger the favorite, the higher the odds,
fifty cents: Fifty dollars.
figure: The amount owed to or by a bookmaker.
fill an order: Betting a list of games when the number is right.
first half bet: A bet placed only on the first half of the game.
fit(s): The right amount of money to fit the first leg of a parlay
making it easier to figure(calculate).
flush: Having plenty of money.
future bet: Odds posted in the early season, in advance on
the winners of various major events, e.g., the Super Bowl, World Series,
Stanley Cup, NBA Championship, NCAA Championships, etc.
getting down: Making a bet.
get off of a game: Bet against the side we need to lessen exposure.
Grand Salami: A betting term meaning the grand total of goals scored
in all the hockey games of the day or in baseball the total of all the
hits, runs, and errors. It can be wagered to go over or under.
half a dollar: Fifty dollars.
half time bet: A bet placed only on the second half of the game.
handicapper: One who studies, analyzes, and rates sporting events or races.
handicapping: An attempt to predict the outcome of sporting events or races.
handle:The total amount of bets taken.
hedging: Placing wagers on the opposite side of your initial bet in order to
cut losses or guarantee a minimum amount of winnings.
holding your own: Not winning much or losing much, basically breaking even.
hook: A half point added to football and basketball betting lines.
hot game: A game that is drawing a lot of action on one side by knowledgeable
handicappers or breaking information.
in action: Having live bets going.
juice: The bookmaker's earn after winners are paid with the losers money.
Also known as "vigorish."
lay down: Making a bet.
lay the juice: Make a wager including the juice—bookie's edge, i.e., eleven to
win ten, $110 to win $100.
laying the points: Betting the favorite by giving up points.
laying the price: Betting the favorite by laying money odds.
layoff: Money bet by a bookmaker with another bookmaker to reduce liability.
limit: The maximum amount a bookmaker will take before changing the odds
or the points.
line: The current odds or point spread.
linemaker: The person who establishes the original and subsequent betting lines.
listed pitchers: A baseball bet that will be considered action placed only if both
pitchers scheduled to start actually start. If one or both don't start, the bet
is no action.
lock: A perceived easy winner that can't lose (before the event).
longshot: A team or horse perceived to be unlikely to win.
middle: Winning both sides of the same game by wagering on the underdog
at one point spread and the favorite at a different point spread and winning
money line: Odds expressed in terms of money.
When there is a minus (-) you lay that amount to win a hundred dollars,
where there is a plus (+) you get that amount for every hundred dollars wagered.
move the line: A player pays an additional price to receive half a point or more
in his favor.
movers: They move big money on games.
must bets: If you ask for a price you’re obligated to make a bet.
newspaper line: The betting line that appears in newspapers. The lines are only
approximate and often totally inaccurate.
nickel: Five hundred dollars.
nickel: Five cents on a money line/
nickel line—A wagering line where the juice is 5%.
no action: A wager in sports betting in which no money is lost nor won.
odds on favorite: A horse, team, or individual so favored by the public
that the odds are less than even.
off the board: A game on which the bookmaker will not accept action.
office: Betting establishment
official line: The line that your bookie offers you is actually your "official line."
one dollar: One hundred dollars.
outlaw line: Term for an early line in sports betting. Usually an overnight line
that only a handful of players see and bet into.
out price: Odds too big to quote.
over: The "over" is a wager in which the bettor bets that the combined point total
of two teams will be above a specified total.
overlay: An advantage for the bettor in which the price on a given wager is
greater than the real probability of its success.
parlay: A bet with two or more teams in which all teams must win or cover for
the bettor to win and receive higher payouts. Ties are no action.
Pasadena: Pass on a possible wager.
pick'em: Neither team is favored. Also called a "pick" in sports betting.
You may still be required to lay juice.
picks: Betting selections.
pointspread: Spread, the line is used as a margin to handicap the favorite team.
The oddsmaker "gives" points, goals, or money to the underdog. The bettor either
takes the points, goals, or money with the underdog or gives (lays) them with the favorite.
post time: The scheduled starting time of a race or game.
pastpost: Getting a bet down after a race or game has begun.
press: To wager a larger amount than usual or adding additional money on your
price: The odds or point spread.
prop (proposition) bet: See "exotic".
puckline: Giving odds of a goal spread instead of using a Canadian Line in hockey,
where both a goal spread and money line are played.
puppy: The underdog.
push: When the contest ends with no winner or loser for wagering purposes.
round robin: A minimum series of three or more teams in two-team parlays.
Can be expanded with more teams.
run down: Relaying all the lines for a specific date, time period, sport, etc.
run line: A baseball spread used instead of the money line.
- 1/2 run, + 1/2 run, -1 run, +1 run, etc. Money is additionally taken or layed.
runner: Someone who places bets for another. Also see."beard"
sharp: A sophisticated gambler.
sawbuck, double saw: "Saw" a ten-dollar bill, double saw twenty-dollar bill.
shylock: Someone who loans out money at high rates.
sides: Betting on a team to win or cover. Not totals or props.
sided: The bookmaker ties one side of a wager and loses the other.
sportsbook(s): Establishment that accepts and books wagers on sporting events.
spread, point spread: The handicapped scoring differential between two opponents
as quoted by a sportsbook or bookie.
square: A novice when it comes to race or sports betting.
steam: When a line moves rapidly or a big odds change occurs reflecting money
being wagered in volume.on a race or sports event.
store: Bookie or sports betting establishment.
straight bet: A wager on just one team, total, horse, etc.
sweat: Worry about winning and losing.
taking the points: Betting the underdog with the points.
taking the price: Betting the underdog and taking the money odds.
tapioca: Tapped out, broke.
teaser: A special type of sports parlay in which you adjust the line to get extra points
or give up fewer. For this privilege, you win less money.
ticket: A receipt for a race or sports bet.
tie: See "push"..
total: The combined amount of runs, points, or goals scored by both teams including
any overtime(if specified..
totals bet: A bet in which you wager the total (combined) scores of both teams will be
more or less (over or under) the "totals" line posted.
tout: Someone who sells selections on races or sports. Sometimes used in a
twenty-cent line: In money line contests, a twenty-cent difference in the money lines
between the favorite and the underdog.
two-way action: Bookie is getting money on both sides.
under: See "totals bet".
underdog: The team handicapped as most likely to lose. Also known as the "dog."
value: Getting the best odds of a wagering proposition.
vigorish: The bookmaker's earn after winners are paid with the losers money;
Also known as "juice."
Washington: One-dollar bill.
wiseguy: A well-informed or knowledgeable handicapper or bettor.Also see "Sharp".
wiseguy: A somewhat romantic label applied selectively
to deserving characters perceived to be south of the law. ...
A Real Bookie.......
. Books with his own bankroll;
• Knows everyone by their first name, which is usually “Pal;”
• Profiles his players, then not everyone is “Pal;”
• Makes you check a figure;
• When it’s a big minus, he responds, “on the nuts my friend;”
• When it’s a big plus, he responds, “check;”
• Smokes a cigar;
• Pronounces three as tree;
• Uses the term “yooze guys” a lot;
• Never says half but always says hook;
• Is the only businessman who can make money by keeping someone on hold;
• Has a big Lincoln or Caddy so he can fit his fat butt in;
• Through rain, snow or sleet, win or lose, never misses settle up day;
• Is paranoid;
• Uses a linesmaker because he knows less about the teams than his players;
• Doesn’t know sports but does know 11 is bigger than 10;
• Hates middlers, scalpers, wiseguys and sharps;
• Loves touts and 900# pick sites;
• Loves his players who call them;
• Thinks all squares are degenerates;
• Tells all his degenerates he doesn’t want to “see a good guy like you get in over your head;”
• Tracks his players better than a CPA;
• Has payment plans better than any bank;
• Has at least one ex-player making installments for the rest of his life;
• Has high blood pressure;
• Gives out “free schedules;”
• Has “a guy” in Las Vegas;
• Has investments in tape recorders;
• Changes his phone/cell number on a regular basis;
• Tells the same “humorous” story over and over again;
• Laughs at his own jokes
• Has spent at least a couple nights in the slammer;
• Thinks he’s under appreciated by his players;
• Doesn’t sweat games in public;
• Never wins, always “had a bad week;”
• Doesn’t pay income taxes but pays something called a street tax;
• Spends his off-season on vacation while his players look for a fresh bankroll;
• Thinks he can win on his vacations to Las Vegas;
.Has an “office” that doesn’t physically exist;
• Controls all the action, i.e. what you can bet on, when you can bet, how much and at what price, pays when you win and collects when you lose.
• Passes the same $20 bill back and forth with his players – only he keeps it 20 days a month and they get it for 10 days.