Sports Betting Terms Starting From I-J
In-Running - Betting on an event which has already begun; to bet during an event.
In the Red - A betting term otherwise referred to as 'Odds On'. The profit to be made wagering on an outcome that is 'in the red' will be less then the stake. I.e. Decimal odds of 1.5; for every $100.00 that you invest you will receive $150.00 in return if your wager is successful. (Your original stake of $100.00 plus your $50.00 profit.)
IBF - International Boxing Federation.
In and Out Teaser (See also "Teaser" below) - An "in and out teaser" is when the player picks the favorite, underdog, over and under of the same game. For example: NY +3 1/2, Dallas -3 1/2. An in and out teaser would have a player take both NY and Dallas, and tease both, to increase the odds of winning the wager. So, if you teased both teams by 7 points, you would have: NY +10 1/2, Dallas +3 1/2. So long as the spread is covered, your wager will be a win.
Index Betting - Spread betting.
Juice - The bookmaker's commission on a losing bet, also known as "vigorish."
Jerk - another word for a push,or tie
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