Sports Betting Terms Starting With A
Accumulator - A bet type, in which one attempts to predict the winner of two or more events; the decimal odds are multiplied together to arrive at a price, which will be paid, if the punter is successful predicting the winners of the events.
Arbitrage (Arb) - A trading strategy, whereby one may take advantage of the movement of prices, the discrepancies in pricing, or the differences in prices, for guaranteed profits.
Asian Handicaps - Although fundamentally the same basic concept as the point spread, Asian handicaps are specific to soccer matches and provides an alternative to the standard win/draw/win scenario where if the handicap ends in a half point, a draw is not possible.
Added Game - a game not part of Las Vegas regular rotation posted as an accommodation to customers.
ATS - "Against the spread," taking points rather than betting with the spread and laying points.
Agent - Person who solicits sports bets for a bookmaker
Ajax - UK slang term for 'Betting Tax'.
All-In - With all-in betting there are no refunds given for scratched or withdrawn competitors or teams in an event where a bet is placed. Should an event be cancelled then the amount bet will be refunded.
All Up - (Also, Accumulator) This involves picking the winners of more than one event. A single wager amount is placed on more than one outcome, whereby the stake and winnings of the first selection will be rolled over into the second selection and so on.
Ante Post - (Also, Futures) Bets placed in advance predicting the outcome of a future event. Ante-post prices are those on major sporting events, usually prior to the day of the event itself. In return for the chance of better odds, punters risk the fact that stakes are not returned if their selection pulls out or is cancelled.
Beard - a friend or acquaintance who is used to place bets as to conceal the true identity of the real bettor.
Bet - Any wager.
Book - an establishment that accepts bets on the outcome of horse racing and sporting events.
Bookie - a person who accepts bets.
Buck - Sports betting term for a $100 wager.
Buy (Points) - a player pays an additional price to receive half a point or more in his favor on a point spread game.
Backed - A 'backed' team is one on which lots of bets have been placed.
Banker - Highly expected to win. The strongest in a multiple selection in a parlay or accumulator. In permutation bets the banker is a selection that must win to guarantee any returns.
Bar Price - Refers to the odds of the selections at the last quoted price and bigger. The bar price is the minimum odds for any of those selections not quoted. For example, in a large field, the Serie A outright markets may read Juventus 3/1, AC Milan 7/2, Inter Milan 4/1, Lazio 5/1, 8/1 Bar - meaning every other side is quoted at 8/1 or bigger.
Beef - A dispute or claim involving a player and his bookmaker or a casino dealer. A dispute over the outcome of a bet. A problematic situation involving a bet.
Beeswax - UK slang term for betting tax. Also known as 'Bees' or 'Ajax'.
Betting Tax - Tax on a Bookmaker's turnover. In the UK this is a 'Duty' levied on every Pound wagered. Common methods of recouping this by the punter are to deduct tax from returns (winnings) or to pay tax with the stake/wager. In the latter case, no tax is deducted from the punter's winnings.
Bettor (US) - Someone who places or has a bet. A 'Punter' in the UK.
Book - A bookmaker's tally of amounts bet on each competitor, and odds necessary to assure him of profit. Running a 'book' is the act of quoting odds and accepting bets on an event and the person doing it is called the 'Bookmaker'.
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