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Tutorial Guide: Betting Tools

Utilizing the Edge Finder

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The Edge Finder is an incredibly robust, yet easy-to-navigate database with decades of odds and game outcome information. With more than a hundred filters to choose from, you can dig deep to find historically profitable trends and create your own personalized betting systems. Plus, you can set alerts for whenever your favorite opportunities arise.

For example, if you ever wanted to know the Raiders’ record against the spread as home underdogs in the rain following a loss over the past 40 years, the Edge Finder has you covered!

  • From the top navigation banner, select Betting Tools, then Edge Finder under the league you’d like to view. This will direct you to the Edge Finder page.
  • The Edge Finder page has two different tabs: Basic and Advanced.

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Edge Finder: Basic Tab

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The Basic tab features your traditional categories.


  1. To start using the Edge Finder, select between the variety of filters within the following parts of the Basic tab: Teams, Game Types, Timeframe and Wager Details. As you select certain criteria, you will see them appear within the Filter Details box on the right side of the screen.
    • Teams
      • Primary Team(s): Select either an individual team, division, conference, or all teams within a league. Using the NFL as an example, you can select the Miami Dolphins, the AFC East, the AFC or all NFL teams.
      • Home/Away: Filter the trends based on either Home or Away games. For example, if you select Home, the trends will filter all of the Home games for your selected team(s).
      • Favorite/Underdog: Filter the trends based on either which team was the Favorite or Underdog in the game. For example, if you select Favorite, the trends will filter all of the instances your selected team(s) were favored to win the game.
      • Opponent(s): Select either a specific team or a group of teams (division, conference, etc.) to see how your team(s) have done against specific opposition.
    • Games Types
      • Select between Regular Season, Postseason and All-Star/Pro Bowl games (if a professional sport is selected). Please note, this filter is defaulted to Regular Season and Postseason.
    • Timeframe (required)
      • Date Range: Use the date picker to select a “From” date to filter your trend results. You can also select “Always Use Current Date.”
      • Season(s): Filter the trends based on selected seasons. Please note, this filter is defaulted to the last season.
      • Last # of Games: Select a specific amount of previous games for your trend results.
    • Wager Details
      • Spread: Select games in which the team(s) were favorites or underdogs by a specific range of points for that game’s point spread. For example, how the Ravens have done in games where they were favored by 7 to 14 points (spread between -7 and -14).
      • Over/Under: Find games in which the Over/Under (also known as the “Total”) was set at a certain amount or within a specific range set by you. For example, AFC East games with an Over/Under between 44.5 and 47.5.
  2. After you select your filters, click the “Run” button.
  3. Your Trend Summary and Trend Team Rankings (if you selected more than one team) results will now populate on the right side of the screen. Please note, the “Winnings” data in the Trend Summary and Trend Team Rankings sections will change based on the Bet Amount inputted at the top right of the page.
  4. The Trend Summary section will showcase the following information:
    • Spread: Displays the “Against the Spread” record, resulting units won/lost and Winnings/Losses based on historical data from games that match the filters selected. If multiple primary teams have been selected, the Spread record will remove any games in which the chosen teams played one another.
    • Over: Displays the record of bets on the “Over,” along with resulting units won/lost and Winnings/Losses based on historical data from games that match the filters selected.
    • Under: Displays the record of bets on the “Under,” along with resulting units won/lost and Winnings/Losses based on historical data from games that match the filters selected.
    • Trend Graph: This shows a timeline of the historical profitability of the trend based on the filters selected. You can choose to view the graph either by the Spread, Over or Under. You can also hover over specific data points (games) to see the details of that game. Please note, this Trend Graph is a comprehensive look at all of the team(s) selected.

  5. For a more in-depth look at either the Spread, Over or Under, click on the tiles at the top of the Trend Summary section. This will display a log of every individual game that comprises the overall trend record.
  6. The Trend Team Rankings section ranks how each selected team has done against the spread and shows how the “Over” and “Under” have fared in their games that match the chosen filters (Please note, default sorting is by “Against the Spread” record). Similar to the Trend Graph, you can choose to view a team’s individual trend graph either by the Spread, Over or Under.
  7. To switch between Teams within the graph, simply select the Team name from the table.
  8. If you find an interesting trend and want it for future use, click the “Save” button at the top of the page. You can then set an alert to be notified whenever upcoming games match the filters for that trend.
  9. And if you’re feeling generous or want to show off your knowledge to the growing community of bettors on the site, you can also share it publicly to display in the Social Trends section.

Edge Finder: Advanced Tab

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To dig even DEEPER and unlock all that this product has to offer, click on the Advanced tab for filters such as Game Location, Weather, Win/Loss Streaks and more. Please note, some of the following parameters may not be available for specific leagues.


  1. To start using the “Advanced” section of the Edge Finder, select between the variety of filters within the below sections. As you select filters, similar to the Basic tab, you will see them appear within the right side of the screen.
    • Game Details
      • Start Time (EST): Select between Morning, Early Afternoon, Late Afternoon or Primetime in the Eastern time zone. For example, if you select Primetime, the trends will filter all of the instances your selected team(s) played in Primetime.
      • Start Time (Local): Select between Morning, Early Afternoon, Late Afternoon or Primetime in the local time zone where the game was played.
      • Attendance: Select your minimum/maximum number of attendees for your trend results. For example, 50,000 to 75,000.
      • % Venue Filled: Select your minimum/maximum percentage for your trend results. For example, 50% to 75%.
      • Length of Game (minutes): Select your minimum/maximum number of game minutes for your trend results. For example, 120 to 240.
    • Players
      • Toggle “Current Players” (if played in a game), then select your desired players from the drop-down menus. This will populate all of the games in which your selected player(s) played.
    • Coaches
      • Select your desired coaches from the following: Primary Coaches, Primary Coaches by Type, Opponent Coaches and Opponent Coaches by Type.
    • Officials
      • Select officials (or referees/umpires) from the drop-down menu for your trend results. This will populate all of the games in which your selected official(s) officiated the game.
    • Date Details
      • Select between Day(s) of the Week or Month(s) for your trend results. For example, if you select Thursday, the trends will filter all of the instances your selected team(s) played on Thursday.
    • Venue Details
      • Venue(s): Select between the various venues (stadiums, arenas, parks, fields, etc,) within that specific league.For example, AT&T Stadium.
      • Capacity: Select your minimum/maximum number for capacity. For example, 90,000 to 100,000, which will filter all of the games where the selected team(s) played for the designated capacity.
      • Outdoor/Indoor: Select between Dome, Outdoor or Retractable Roof. For example, if you select Dome, the trends will filter all of the instances your selected team(s) played in an arena with a dome.
      • Turf/Grass: Select between Grass, Artificial Turf or Hybrid. For example, if you selected Grass, the trends will filter all of the instances your selected team(s) played on a grass field.
      • Field Orientation: Select between N-S, NE-SW, E-W and NW-SE.
    • Game Location
      • Select between the following filters: Local Time Zone, Country, State, Metropolitan Area or City. This will populate the games for all of the selected team(s) based on your chosen location filters.
    • Weather Details
      • Select between the following filters: Weather Description, Temperature (℉), Humidity (%), Dew Point (℉), Chance of Precipitation (%), Wind Speed (mph) and Wind Direction.
    • Team Rest
      • Select between filters, such as: Day(s) Rest, Following a Bye Week, Double Header and more. For example, if you select “Days Rest,” you will input a minimum/maximum value - such as “From: 4 and To: 6.” This will filter all of the games where the selected team(s) played a game after the specific of rest days between those two values.
    • Team Records
      • Select either Winning Record, Losing Record or Tied Record for the following options:
        • vs. Money Line Record of the opponent
        • vs. Spread Record of the opponent
        • vs. Over/Under Record of the opponent
    • Win/Loss Streaks
      • The following options are available for Win/Loss Streaks:
        • Money Line Winning or Losing Streak
        • Spread Winning or Losing Streak
        • Over Streak
        • Under Streak
      • For each of these filters, you will need to specific a numerical value, such as “3+.”
    • Previous Game
      • Select between Win, Lose or Tie for either Previous Money Line Result, Previous Spread Result and Previous Over/Under Result. For example, if you select Win, the trends will filter all of the instances your selected team(s) won the previous game.
    • Score Details
      • Team Score: Select your minimum/maximum Team Score values.
      • Team Projected Score: Select your minimum/maximum number for capacity. For example, an NFL game with an Over/Under of 42 and a Spread of -3 for the Home Team would have a projected score of 22.5-19.5.
      • Opponent Score: Select your minimum/maximum Opponent Score values.
      • Opponent Projected Score: Select your minimum/maximum Opponent Projected Score values. For example, an NFL game with an Over/Under of 42 and a Spread of -3 for the Away Team would have a projected score of 19.5- 22.5.
      • Score Differential (Team – Opp): Select your minimum/maximum values for the raw score differential. For example, if you enter -3 to 3, this will populate all of the games where the margin of victory was 3 points or less.
    • Team Travel
      • Select between Time Zone Shift East-West (from Prior Game), Time Zone Shift West-East (from Prior Game), Time Zone Shift East-West (from Home Venue), Time Zone Shift West-East (from Home Venue) and Home/Away Status Same as Prior Game. For example, if you enter a 1 under Time Zone Shift East-West, this will populate the games where that team moved 1 Time Zone East-West (Eastern to Central, Central to Mountain).
  2. After you select your filters, click the “Run” button.
  3. Like the Basic tab, your Trend Summary and Trend Team Ranking (if you selected more than one team) results will populate on the right side of the screen. Please note, the “Winnings” data in the Trend Summary and Trend Team Rankings sections will change based on the Bet Amount inputted at the top right of the page.

Game Predictions

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This section showcases the Game Predictions for the current week. Each game will display projected data and a “confidence strength” bar for the Money Line, Spread and Over/Under. Please note, the “confidence bar” will be indicated by either a green, yellow or red bar.

  1. From the top navigation banner, select Betting Tools, then Game Predictions under the league you’d like to view.

Player Projections

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This section showcases the Player Projections for the current week. Each player projection will display data such as projected minutes played, projected points and more.


On this page, you also have the ability to customize player projections.

  1. From the top navigation banner, select Betting Tools, then Player Projections under the league you’d like to view.
  2. To create user projections, click the “User Projections” button above the list of players. You will be navigated to a modal where you can select your customized projections (pictured, below).

Upcoming Games

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This section showcases the upcoming games for the league that you are viewing. Each game will display the Money Line, Spread, Over/Under, Venue, Referees and Weather (if applicable).

  1. From the top navigation banner, select Betting Tools, then Upcoming Games under the league you’d like to view.

Starting Lineups

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This section showcases the starting lineup for upcoming games within the league you are viewing. Each game’s starting lineup will display the Spread, Over/Under and players who are starting, benched or out for the game. Additionally, you can easily review any related player news from the right side bar on the page.

  1. From the top navigation banner, select Betting Tools, then Starting Lineups under the league you’d like to view.

Live Odds

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This page will showcase the current live odds (including the best available odds for a specific bet) for upcoming games in the league you are viewing. The following odds are included:

  • Consensus Line: Essentially the average of all available odds across multiple Sportsbooks
  • Open: What the line opened at when it was first posted and became available to bet on

  1. From the top navigation banner, select Betting Tools, then Live Odds under the league you’d like to view. This will direct you to the Live Odds page.
  2. This page will showcase the latest odds for the upcoming games in the selected league.
  3. As the odds change, the grid will update - denoted by the recent line changes (<5 Min, 5-15 Min, and 15-45 Min). The odds highlighted in green will be your “Best Odds” for that particular game and betting location. Please note, these odds change in real time.

Team Pages

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This page is your one-stop shop for all information related to the selected team, including but not limited to the following:

  • Season Schedule, which includes date/time, opponent, scores, results, betting data and betting results
  • Roster
  • Venue Data
  • League Standings

Odds Converter

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This tool will help you understand how odds are displayed and represented in various formats, such as Fractional, Decimal/European and more.

  1. From the top navigation banner, select Betting Tools, then Odds Converter under Tools & Calculators. This will navigate you to the Odds Converter page.
  2. To utilize this tool, you will need to input data into the following fields: (1) Input Values and (2) Bet Amount. Once you input data into those fields, the other fields (Payout Info and Odds Conversion Chart) will populate automatically with the corresponding values.

Input Values

  • American/Money Line: Popular in the United States (and therefore often referred to as “American” odds), this format uses positive and negative values relative to the “even money” value of +100 (or 1/1 in fractional format) where $1 is won for every $1 bet.
    • Negative values indicate that the BET amount is MORE than the WIN amount and represent the amount required to bet in order to win $100 (ex: -110 means a $110 bet wins $100).
    • Positive values indicate that the BET amount is LESS than the WIN amount and represent the Winnings based on a $100 stake (ex: +200 means a $100 bet wins $200).
  • Fractional: Fractional odds (ex: 5/2 or 10/1), often seen in horse racing, display a simplified proportion between your bet and what you’d win. The top number (numerator) of the fraction represents what you’d win, relative proportionally to the bottom number (denominator) that is wagered.
    • With odds of 5/2 (verbally “five to two”), you would win $5 for every $2 bet (ex. $50 in Winnings if you bet $20, or $100 on a $40 bet).
    • With odds of 10/1, you would win $10 for every $1 bet (ex. $100 on a $10 bet, or $500 on a $50 bet).
    • With odds of 2/5, you would win $2 for every $5 bet (ex. $4 on a $10 bet, or $20 on a $50 bet).
  • Decimal/European: Decimal odds (ex: 3.50 or 11.00), popular in Europe and Australia, are quite different. This value reflects the total “return” or “payout” (Winnings + the amount bet) on a $1 bet, rather than just the Winnings. In other words, your bet amount is already included in the decimal figure.
    • For example, decimals odds of 3.50 mean that a $1 bet would return or “pay out” a total of $3.50, comprised of your initial $1 wager and $2.50 in Winnings. These odds would be listed as +250 in American format or 5/2 in fractional.
    • The simplicity of decimal odds comes from the ability to easily multiply the decimal number by your bet amount to know what it would pay out in total (ex: $100 bet multiplied by 3.50=$350 payout).
  • Implied Probability: Implied Probability represents the likelihood of an occurrence. Using the inputted odds, this tool converts those numbers into the percentage chance of that event occurring and the corresponding bet winning. Please note, odds from a Sportsbook include “vig” or “juice” built in. That figure can vary and is NOT removed from the calculation when odds are converted.

Payout Info

The Payout Info section will showcase the Total Payout and Winnings based on your Bet Amount and Input Values. Based on the data that you input, the Payout Info and Odds Conversion Chart will update automatically.

  • Total Payout: This is the Payout (Winnings + Bet Amount) shows on your bet slip from the Sportsbook.
  • Winnings: This is the amount won in the bet. This is calculated by subtracting your bet amount from the Total Payout.

Please see an example below (Bet Amount: $100):

Parlay Calculator

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This tool will help you to understand how parlay odds are calculated, first showing what the true odds should be from a mathematical likelihood perspective, and then comparing that number to what your Sportsbook is offering to determine if it is a fair payout.

Please note, in order to win a Parlay bet, each individual bet (leg) comprising the Parlay must win. A single leg losing means the entire Parlay bet is lost. If any bets (legs) push, the Parlay odds and Winnings are generally adjusted to only include bets that did not push.

  1. From the top navigation banner, select Betting Tools, then Parlay Calculator under Tools & Calculators. This will navigate you to the Parlay Calculator page.
  2. To utilize this tool, you will need to input data into the following fields: (1) Number of Bets (Legs), (2) Odds of your Bets and (3) Bet Amount. Once you input data into those fields, the other fields (ex: True Parlay Winnings, True Parlay Odds, Reference Table, Vig/Juice) will populate automatically with the corresponding values.

Parlay Calculator Values

  • Number of Bets (Legs): This is the number of individual bets that comprise your Parlay. Within this tool, there is a maximum of 12 individual bets. As you increase the number of bets in a Parlay, the odds value will increase - in addition to the expected payout. Each new bet is automatically assigned a -110 odds value but can be adjusted to fit your Parlay bet.
  • True Parlay Winnings: This represents the amount you would win using true odds and the corresponding mathematical probability for what you have inputted as the individual bets/legs of the Parlay.
  • True Parlay Odds: These odds are calculated based on the individual bets/legs of the Parlay bet.
  • Payout from Sportsbook: This is the Payout (Winnings + Bet Amount) shown on your bet slip from the Sportsbook.
  • Winnings from Sportsbook: This is the amount won in the Parlay bet. This is calculated by subtracting your bet amount from the Total Payout. Please note, if $0 is returned, the payout is less than the amount wagered.
  • Odds from Sportsbook: The calculation of these odds is based on the number of bets/legs, the odds of each individual bet/leg and the payout offered by the Sportsbook.
  • Vig/Juice: The vig (short for “vigorish”), also known as the “juice,” is the tax/price that Sportsbooks charge for taking a wager. For Parlays, this is calculated by comparing the true Parlay odds to the odds offered by the Sportsbook.


Please note, if you would like to change your Default Odds Format, select the Settings icon. Next, select your format, such as Money Line, Decimal and more.

Hedge Calculator

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This tool will help you to understand how much your should hedge your initial bet in order to guarantee Winnings or minimize losses.

  1. From the top navigation banner, select Betting Tools, then Hedge Calculator under Tools & Calculators. This will navigate you to the Hedge Calculator page.
  2. To utilize this tool, you will need to input data into the following fields: (1) Initial and Hedge Bets, (2) Odds of your Initial and Hedge Bets and (3) Bet Amount. Once you input data into those fields, the other fields (ex: Winnings) will populate automatically with the corresponding values.

Initial Bet Values

  • Initial Bet: This value represents the initial bet dollar amount.
  • Initial Odds: This value represents the odds for the initial bet.
  • Initial Bet Winnings: This value is the expected Winnings (profit) based solely on the Initial Bet winning.

Hedge Bet Values

  • Hedge Bet: This value represents the new bet amount to hedge against the original wager.
  • Hedge Odds: This value represents the odds of the hedge bet provided by the Sportsbook.
  • Hedge Bet Winnings: This value is the expected Winnings (profit) based solely on the Hedge Bet winning.
  • Create Equal Payouts: This action determines the optimal hedge bet based on EQUAL Winnings on each side (Initial Bet and Hedge Bet).

Combined Bets Values

  • Total Bet Amount: Combined bet amount of Initial and Hedge Bets (Initial Bet + Hedge Bet Amount).
  • Total Winnings If (Initial Bet Wins): The Winnings based on the Initial Bet cashing (Initial Bet Winnings - Hedge Bet).
  • Total Winnings If (Hedge Bet Wins): The Winnings based on the Hedge Bet cashing (Hedge Bet Winnings – Initial Bet Amount).


Please note, if you would like to change your Default Odds Format, select the Settings icon. Next, select your format, such as Money Line, Decimal and more.

Glossary of Terms

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  • Action – A wager of any kind (“Having action” on a game means you placed a bet related to that game).
  • Against the Spread (abbreviated “ATS”) – See “spread.”
  • American Odds – Also known as “Money Line” odds, this format.
  • Arbitrage – A betting strategy that takes advantage of pricing discrepancies in betting markets by placing two (or more) wagers on one event, so that all possible outcomes are covered. When arbitrage opportunities arise, the pricing of these wagers will result in an overall profit no matter of the result of the event, as the payouts of the winning bet(s) will be more than the loss(es) of the losing bet(s).
  • Bankroll – A bettor’s total funds available for wagering. It can be thought of as a “betting budget.”
  • Bookmakers – Also known as an “oddsmakers,” these people set the lines and prices at Sportsbooks.
  • Buying Points – Paying a higher price for a more advantageous spread or Over/Under number
    • Ex: If DAL is a 2.5-pt underdog, some bettors may “buy” a half-point (.5) to make their Cowboys spread bet +3 by paying a price of around -130 (bet $130 to win $100) instead of the more common -110 (bet $110 to win $100)
  • Chalk – The favorite (or favorites).
    • Ex: Going “all chalk” in the 4pm games means betting on all the favorites
  • Contrarian Betting – The strategy of betting the opposite side of what the “public” is generally backing.
  • Cover – If a favorite “covers” (the spread), it means they won the game by a margin larger than the point spread. So if JAX were a 3-point favorite (-3) and won by 7, they would have covered the spread. For an underdog to “cover” they must lose by fewer points than the spread (or win the game outright). If HOU were a 7-point underdog (+7) and only lost by 6, they would have covered the spread because the spread amount of 7 is added to their final score and then compared to the opponent’s final score.
  • Decimal Odds – Sometimes referred to as “European” odds due to this format’s popularity in Europe and Australia, Decimal odds (ex: 3.50 or 11.00), are quite different than American and Fractional odds formats in that they reflect the total “return” or “payout” (winnings + the amount bet) on a $1 bet, rather than just the winnings. In other words, your bet amount is already included in the decimal figure. The simplicity of decimal odds allows for the ability to easily multiply the decimal number by your bet amount to know what the bet would pay out in total. Ex: $100 bet multiplied by 3.50=$350 payout.
    • Ex #1: Decimals odds of 3.50 mean that a $100 bet would return or “pay out” a total of $350, comprised of your initial $100 wager and $250 in winnings. These odds would be listed as +250 in American format or 5/2 in fractional.
    • Ex #2: 11.00 in decimal odds would be listed as +1000 in American format or 10/1 in fractional. For every $1 bet, $11 would be paid out ($1 bet + $10 winnings).
  • Dime – A $1,000 bet
  • Dog – Abbreviation for “underdog,” the team or player that is less likely to win the game/match/event.
  • Edge – An advantage that a bettor or fantasy player has
  • Even Money – Written as +100 or 1/1, this means the bet amount is EQUAL TO the potential win amount (Bet $10 to win $10)
  • Fade – To go against and take the opposite of a fellow bettor and/or their bet(s). The opposite of “fade” is to “tail” or “follow” another bettor
    • Ex: if someone on a cold streak is picking the Over tonight, you may “fade” them and take the Under.
  • Favorite – the expected winner, as indicated by the odds. Can also be thought of as the team or player that is more likely to win the game/match/event.
    • Ex: Patriots (+180) vs. Chiefs (-250) – Chiefs are the favorite at -250 on the Money Line
    • Ex: Patriots +9.5 (-105) vs. Chiefs -9.5 (-115) - Chiefs are the favorite at a -9.5 spread
  • Fractional Odds – Often seen in horse racing or futures odds (like NBA championship or MVP), this format displays a simplified proportion between your bet and what you’d win. The top/left number (numerator) of the fraction represents what you’d win, relative proportionally to the bottom/right number (denominator) that is wagered.
    • If the odds are 5/2 (verbally “five to two”), you’d win $5 for every $2 bet, so $50 in winnings if you bet $20, or $100 won on a $40 bet.
    • With odds of 10/1, you win $10 for every $1 bet, so $10 on a $1 wager, or $50 on a $5 bet.
  • Futures – Bets placed on an outcome in the future, generally in the distant future and not specific to one game. Generally involves a team’s or player’s chances to win something (title, award, etc.).
    • Examples:
      • Championships (Super Bowl, Stanley Cup, NBA Finals, etc.)
      • Division, Conference, League winners (NL, AFC East, etc.)
      • Individual Awards (MVP, Rookie of the Year, Cy Young, etc.)
  • Hedge Bet – This value represents the new bet amount to hedge against the original wager.
  • Hook – A half-point (0.5) If a team is a 6.5-point favorite, one may say that they are favored by “six and a hook.”
  • Grand Salami – A bet in which one chooses the Over or Under for the combined total goals (NHL) or runs (MLB) scored in all games played on that day.
  • Handicapper – Somebody who performs the process of handicapping, using strategy to find value in available wagers.
  • In-Game Bet – Also known as “live betting,” this involves making bets DURING the game, as odds are constantly updated to account for the current game situation.
  • Juice – Also known as the “vig” (short for “vigorish”), the juice is what a Sportsbook charges for taking a bet. This is how a Sportsbook makes money. The most common juice on a standard 2-option bet is 10%. Therefore, the most popular “price” for each side of a regular 2-way bet is -110 (bet $110 to win $100).
  • Key Numbers – Popular outcomes, often in reference to the Spread or Over/Under.
    • Ex: in football, 3 and 7 are examples of “key numbers” for the spread because those are popular margins of victory due to TDs and FGs being the most popular types of scoring.
  • Limit – The maximum wager amount that a Sportsbook is willing to accept for a certain bet. Most Sportsbooks institute limits to minimize risk.
  • Line Move – When odds are adjusted in the lead-up to a game/event.
    • Ex: The line for Packers-Lions moved from GB -6.5 to -9.5 after Detroit QB Matt Stafford was ruled out with an injury.
    • Ex: The Over/Under for Vikings-Bears moved from 43.5 to 40.5 when it began snowing Sunday morning.
  • Lines – Often times a casual term for the “odds” for a game, but “the line” usually specifically refers the point spread.
    • Ex: The line for Packers-Lions moved from GB -6.5 to -9.5 after Detroit QB Matt Stafford was ruled out with an injury.
    • Ex: “What’s the line for the game?” … “Chiefs -7”
  • Live Bet – Also known as an “in-game bet,” this involves making bets DURING the game, as odds are constantly updated to account for the current game situation.
  • Live Odds – Odds that are constantly updated during a game to account for the current game situation.
  • Middle – betting on both sides of a game when there is an opportunity to win both bets due to different lines, either at different Sportsbooks or at different points in time (if the line has moved over time).
    • Ex: If on Tuesday you bet Texans -9.5 vs. Cardinals, but on Thursday the line has moved to -10.5, you could then bet the Cardinals +10.5. If the Texans then win by exactly 10 points, both of your bets (Texans -9.5 and Cardinals +10.5) would cash and you would have successfully “middled” the game.
  • Money Line – A bet simply determined by a team WINNING or LOSING the game. Since there is no consideration of a certain winning margin (like with a spread bet), you must bet MORE to win the same amount if betting on the favorite, OR you can bet less (but not get the added benefit of additional points) on an underdog.
    • Ex: Cowboys (-200) vs. Eagles (+150). The favorite Dallas is indicated with a minus ( - ), and the underdog Philadelphia with a plus ( + ).
      • The number after the minus ( - ) sign can be thought of as how much you’d have to bet to win $100. The favorite Cowboys at -200 on the Money Line means you have to bet $200 to win $100.
      • The number after the plus ( + ) sign can be thought of as how much a $100 bet would win. The underdog Eagles at +150 on the Money Line means a $100 bet would win $150.
  • Nickel – A $500 bet.
  • Off the Board – If a game (or specific bet) is no longer available to bet on, it can be referred to as being “off the board.”
  • Over/Under – Also known as the “Total,” the Over/Under is a projected number of combined points/runs/goals scored by both teams in a game. A bet on the Over mean you think there will be MORE THAN that projected number scored, whereas a bet on the Under means you think there will be FEWER scored.
    • Ex: Bulls vs. Warriors – Over/Under 216.5. If the Bulls and Warriors combine for more than 216.5 points in the game (no matter who wins), a bet on the Over would win.
    • Note: there are sub-types of Over/Under bets, like “Team Totals” (points, runs or goals scored by one team) and First/ Second Half or Quarter Totals (Over/Under that period only). Some Player Props also involve an Over/Under, with a projected number of a certain stat by a player (ex: Lebron James Over/Under 32.5 pts).
  • Parlay – A bet made up of multiple individual bets, ALL OF WHICH must win individually in order for the overall parlay to cash. Can be comprised of any standard bets – Point Spread, Money Line, Over/Under, etc.
  • Pick ‘Em – A game in which neither team is favored, and the point spread is equal to zero. Often abbreviated as “PICK.”
  • Profit – Different from the “payout,” this is the amount WON on a bet, separate from the wager amount.
    • Ex: If you bet $100 on the Chiefs to win the Super Bowl at odds of +500 (5/1), the profit/winnings would be $500. The payout would be $600 ($100 wager + $500 profit/winnings).
  • Prop Bet – Short for “proposition bets,” prop bets (simply “props”) are bets that are not directly tied to a final score or outcome. Most bets outside of wagers on the Spread, Money Line, Over/Under or Futures are considered “props.”
    • Examples:
      • PLAYER PROPS
        • Stephen Curry – Over/Under 5.5 three-pointers made
        • Jimmy Garoppolo – Over/Under 225.5 passing yds
      • TEAM PROPS
        • Yankees home runs tonight vs. Mets – Over/Under 2.5 HR
      • FIRST SCORE PROPS
        • Player to score first 49ers TD – Mostert 3/1, Kittle 4-1, Samuel 5/1, etc.
      • YES/NO PROPS
        • Will James Harden record a triple-double tonight? YES +150 / NO -200
        • Will Alex Ovechkin score his 700th goal tonight? YES +125 / NO -140
      • MISC.
        • Super Bowl coin toss result, Gatorade color dumped on winning coach, etc.
  • Public – “The public” in the world of sports betting is generally comprised of “average Joe” regular sports fans and casual/ novice bettors who wager smaller amounts and do little or no research before placing bets. Also known as “squares,” these bettors like to bet with their heart (instead of their head) and tend to bet on favored teams, home teams and the “Over.”
  • Puck Line – The “spread” in hockey - generally set at 1.5 goals.
    • Ex: Penguins -1.5 vs Flyers
  • Push – Essentially a “tie” between a bettor and the Sportsbook, a push occurs either when the spread is EQUAL TO the eventual margin of victory, or when the total numbers of combined points/goals/runs in a game is EQUAL TO the Over/Under.
    • Ex: If the spread were LAC -6 vs. DEN and the Chargers won 27-21, it would be a push and wagers on LAC -6 and DEN +6 would both be refunded (nothing won, nothing lost).
    • Ex: If the Over/Under for the same game were set at 48, that would also be a push, with Over and Under bets both refunded.
  • Reverse Line Movement – An odds shift that contradicts the public betting percentages. In other words, a large majority of the number of bets are on one team, but the line moves in the opposite direction.
    • Ex: For example, if 90% of the bets placed are on the Lakers -5 vs. the Clippers, one may expect the line to move to Lakers -5.5 or -6. But if the line moved in the other direction, to Lakers -4.5 or -4, that is “reverse line movement” and can sometimes indicate that “sharp” bettors may be betting the opposite way (on the Clippers +5 in this instance) and causing a shift in that direction.
  • Return on Investment – The percentage profit (or loss) from your bets. It can also be thought of as the ratio of money won/ lost to the amount of money wagered. It can be calculated by dividing your total winnings/losses by your total amount bet.
  • Rotation Number – Also known simply as “bet numbers,” these identifiers are assigned to every bet available at a Sportsbook. These are generally meant to help streamline the wagering process, allowing bettors to specify a wager and submit that bet by simply stating a number and wager amount. This can be helpful to novice bettors who may not be familiar enough with betting lingo to articulate their desired wager properly. At in-person Sportsbooks, the rotation numbers are generally found up on the odds board to the left of the game/team/player.
  • Run Line – The “spread” in baseball, which is usually set at 1.5 runs.
    • Ex: Dodgers (-1.5) vs Reds
  • Season Totals – A type of Over/Under-based prop bet in which one bets whether a team will go Over or Under a certain number of wins.
    • Ex: Buccaneers Over/Under 9.5 wins this season
  • Sharp – Definitions can vary widely depending on whom you ask, but generally “sharps” are experienced, strong bettors. Many “sharps” (but not all) are professional bettors. Many “sharps” (but not all) nowadays are very data-driven, using models and algorithms to find slight edges/advantages over Sportsbooks. And many “sharps” (but not all) are so influential that some Sportsbooks will quickly adjust their lines in one direction or another after a “sharp” bet. Therefore, some oddsmakers refer to sharps as “respected” players.
  • Spread – The point spread, simply known as the “spread,” is the great equalizer in which a number of points is deducted from the favorite’s score OR added to the underdog’s, depending on which side you bet. Some also like to think of it as an expected margin of victory for the favorite (projected winner).
    • Ex: Cowboys (-6.5) vs. Eagles.
      • In this example, a bet on the favorite Dallas “against the spread” means the Cowboys must win by more than 6.5 points. If Dallas wins by 10, they have “covered the spread,” and you win the bet. A spread bet on the favorite like this can be referred to as “laying the points.”
      • Conversely, a spread bet on Philly means the Eagles must lose by less than 6.5 OR win outright. If they lose by 3, they have “covered the spread” and you win your bet because 6.5 points are added to their final score. A spread bet on the underdog can be referred to “taking the points.”
  • Steam Move – A sudden and often times drastic line move, generally caused by a surge of money being placed on the same line around the same time across multiple Sportsbooks.
  • Teaser – A teaser is similar to a parlay in that it is also one wager comprised of multiple individual bets (legs). However, in a teaser a bettor can increase the likelihood of each individual leg winning by “teasing” the associated number up or down by a certain amount of points (usually 6 or 7), in exchange for a lower payout (relative to a parlay). Generally, only spread and Over/ Under bets can be included in teasers.
    • Ex: If you feel strongly that both BAL (-10) and SF (-9.5) are both going to win today, but don’t feel as confident about their abilities to win by double digits, you could “tease down” those spread figures by 7 points each to BAL (-3) and SF (-2.5). Then, as long as both win by more than 3 points, you win your 2-leg, 7-point teaser.
  • Total – Also known as the “Over/Under,” the Total is a projected number of combined points/runs/goals scored by both teams in a game. A bet on the Over mean you think there will be MORE THAN that projected number scored, whereas a bet on the Under means you think there will be FEWER scored.
    • Ex: Bulls vs. Warriors – Total 216.5. If the Bulls and Warriors combine for more than 216.5 points in the game (no matter who wins), a bet on the Over would win.
  • Tout – A person or company that sells sports betting picks, often times using misleading and/or exaggerated claims about success and profitability.
  • Underdog – The expected loser, as indicated by the odds. Can also be thought of as the team or player that is less likely to win the game/match/event.
    • Ex: Patriots (+180) vs. Chiefs (-250) – The Patriots are underdogs at +180 on the Money Line, meaning a $100 bet would win $180.
    • Ex: Patriots +9.5 vs. KC - Patriots are 9.5-point underdogs (getting 9.5 points), so a spread bet on the Patriots would win if the Patriots lose by fewer than 9.5 points OR win the game outright.
  • Units – A bettor’s standard bet amount, often used to compare rates of success for bettors with different sized bankrolls.
  • Vigorish (Vig) – Short for “vigorish” and also known as the “juice,” the vig is what a Sportsbook charges for taking a bet. This is how a Sportsbook makes money. The most common vig on a standard 2-option bet is 10%. Therefore, the most popular “price” for each side of a regular 2-way bet is -110 (bet $110 to win $100).
  • Wager – A bet of any amount.