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Sports Betting Terminology
In order to be a successful sports bettor,
it is necessary to understand the
terminology. Jeffrey Keim, of Oskeim
Sports Consulting, LLC shares some of
the lingo.

 Beard, mule: someone who places bets for someone else with that person’s
money
 Bettor: an individual who makes wagers
 Bookie: a person who accepts bets
 Dime bet: $1000 bet
 Dollar: $100 bet
 Even money: risking a dollar to win a dollar
 Fan: someone who places a bet because they like the team
 Field: the group of all entrants not listed with their own odds (This is used in
sports with a large number of entries, such as golf or horse racing.)
 Handicap: studying and researching sports to predict the results of upcoming
games
 Juice, vig, vigorish: the built-in edge over betters for the sportsbook
 Line: the spread and terms of a bet
 Moneyline: the odds of a team winning a game
 Nickel bet: $500 bet
 Points, point spread, spread: a number set by a sportsbook to allow betting at
10:11 on each of two teams

There are many other terms used in
sports betting, but these will give you
the basic knowledge you need to begin
betting with success.
Jeff Keim is the President and CEO of Oskeim Sports Consulting, LLC.

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Sports Betting Terminology

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