Tilt Gambling Term
Action: Having a wager on a game.
Automat Club or Videomat Casino: encompasses a gambling venue like an arcade, bingo hall or slot hall that provides automatic games where there is not a necessity for a casino operator. Examples: slot video machines or horseracing. Bankroll: term for total funds available to support betting action.
ATS ('against the [point] spread'): If a team is 5-2 ATS, it means it has a 5-2 record against the point spread, or more commonly referred to simply as the 'spread.'
- The Stars Group strives to assist and protect players who are at risk of the potential negative effects of gambling through a number of means, including the option to exclude yourself from playing, guidance on responsible gaming, risk identification and player verification.
- And the one everyone needs to know - TILT. After a few bad hands some people play too aggressively or too 'loose' and usually end up losing their chips. Use these terms to improve your poker game and understand what the other players are talking about, but try to stay calm and avoid the dreaded tilt!
- HOW TO ELIMINATE GAMBLING TILT FROM YOUR OWN GAME. Here are five examples to show you how to handle gambling tilt so that the terrible gambling tilt does not blow your bankroll. Let us assume you are playing poker. Your long term gambling plan. YOUR MINDSET: Make a molehill out of a mountain.
- Gambling terms and casino terms can be hard to understand even for the most advanced of players and this is why we’ve put together this complete gambling glossary. We’re going to talk you through some of the most common gambling phrases right down to the wild and wacky gambling lingo.
Backdoor cover: When a team scores points at the end of a game to cover the spread unexpectedly.
Bad beat: Losing a bet you should have won. It's especially used when the betting result is decided late in the game to change the side that covers the spread. Also used in poker, such as when a player way ahead in the expected win percentage loses on the river (last card).
Beard: Someone who places a wager for another person (aka 'runner').
Book: Short for sportsbook or bookmaker; person or establishment that takes bets from customers.
Bookie: A person who accepts bets illegally and charges vig.
Buying points: Some bookies or sportsbooks will allow customers to alter the set line and then adjust odds. For example, a bettor might decide he wants to have his team as a 3-point underdog instead of the set line of 2.5. He has then 'bought' half a point, and the odds of his bet will be changed.
Chalk: The favorite in the game. People said to be 'chalk' bettors typically bet the favorite.
Circle game: A game for which the betting limits are lowered, usually because of injuries and/or weather.
Closing line: The final line before the game or event begins.
Consensus pick: Derived from data accumulated from a variety of sportsbooks in PickCenter. The pick, and its percentage, provides insight as to what side the public is taking in a game.
Cover: The betting result on a point-spread wager. For a favorite to cover, it has to win by more than the spread; an underdog covers by winning outright or losing by less than the spread.
Dime: Jargon for a $1,000 bet. If you bet 'three dimes,' that means a $3,000 wager.
'Dog: Short for underdog.
Dollar: Jargon for a $100 bet. Usually used with bookies; if you bet 'five dollars,' that means a $500 wager.
Edge: An advantage. Sports bettors might feel they have an edge on a book if they think its lines aren't accurate.
Even money: Odds that are considered 50-50. You put up $1 to win $1.
Exotic: Any wager other than a straight bet or parlay; can also be called a 'prop' or 'proposition wager.'
Favorite: The expected straight-up winner in a game or event. Depending on the sport, the favorite will lay either odds or points. For example, in a football game, if a team is a 2.5-point favorite, it will have to win by three points or more to be an ATS winner.
Fixed: A participant in a particular game who alters the result of that game or match to a completely or partially predetermined result. The participant did not play honestly or fairly because of an undue outside influence.
Futures bet: A long-term wager that typically relates to a team's season-long success. Common futures bets include betting a team to win a championship at the outset of a season, or betting whether the team will win or lose more games than a set line at the start of the season.
Halftime bet: A bet made after the first half ended and before the second half begins (football and basketball primarily). The oddsmaker generally starts with half of the game side/total and adjusts based on what happened in the first half.
Handicapper: A person trying to predict the winners of an event.
Tilt Gambling Terms
Handle: The amount of money taken by a book on an event or the total amount of money wagered.
Hedging: Betting the opposing side of your original bet, to either ensure some profit or minimize potential loss. This is typically done with futures bets, but can also be done on individual games with halftime bets or in-game wagering.
High roller: A high-stakes gambler.
Hook: A half-point. If a team is a 7.5-point favorite, it is said to be 'laying seven and a hook.'
In-game wagering: A service offered by books in which bettors can place multiple bets in real time, as the game is occurring.
Juice: The commission the bookie or bookmaker takes. Standard is 10 percent. Also called the 'vig/vigorish.'
Layoff: Money bet by a sportsbook with another sportsbook or bookmaker to reduce that book's liability.
Limit: The maximum bet taken by a book. If a book has a $10,000 limit, it'll take that bet but the book will then decide whether it's going to adjust the line before the bettor can bet again.
Lock: A guaranteed win in the eyes of the person who made the wager.
Middle: When a line moves, a bettor can try to 'middle' a wager and win both sides with minimal risk. Suppose a bettor bets one team as a 2.5-point favorite, then the line moves to 3.5 points. She can then bet the opposite team at 3.5 and hope the favorite wins by three points. She would then win both sides of the bet.
Money line (noun), money-line (modifier): A bet in which your team only needs to win. The point spread is replaced by odds.
Mush: A bettor or gambler who is considered to be bad luck.
Nickel: Jargon for a $500 bet. Usually used with bookies; if you bet 'a nickel,' that means a $500 wager.
Oddsmaker (also linemaker): The person who sets the odds. Some people use it synonymous with 'bookmaker' and often the same person will perform the role at a given book, but it can be separate if the oddsmaker is just setting the lines for the people who will eventually book the bets.
Off the board: When a book or bookie has taken a bet down and is no longer accepting action or wagers on the game. This can happen if there is a late injury or some uncertainty regarding who will be participating.
Over/under: A term that can be used to describe the total combined points in a game (the Ravens-Steelers over/under is 40 points) or the number of games a team will win in a season (the Broncos' over/under win total is 11.5). Also used in prop bets.
Parlay: A wager in which multiple teams are bet, either against the spread or on the money line. For the wager to win (or pay out), all of them must cover/win. The more teams you bet, the greater the odds.
Pick 'em: A game with no favorite or underdog. The point spread is zero, and the winner of the game is also the spread winner.
Point spread (or just 'spread'): The number of points by which the supposed better team is favored over the underdog.
Proposition (or prop) bet: A special or exotic wager that's not normally on the betting board, such as which team will score first or how many yards a player will gain. Sometimes called a 'game within a game.' These are especially popular on major events, with the Super Bowl being the ultimate prop betting event.
Tilt Gaming Term
Tilt Gambling Slang
Push: When a result lands on the betting number and all wagers are refunded. For example, a 3-point favorite wins by exactly three points. Return on investment (ROI): In PickCenter, ROI is the amount (according to numberFire) that a bettor should expect to get back on a spread pick.
Runner: Someone who makes bets for another person (aka 'beard').
Sharp: A professional, sophisticated sports bettor.
Spread: Short for point spread.
Square: A casual gambler. Someone who typically isn't using sophisticated reasoning to make a wager.
Steam: When a line is moving unusually fast. It can be a result of a group or syndicate of bettors all getting their bets in at the same time. It can also occur when a respected handicapper gives a bet his followers all jump on, or based on people reacting to news such as an injury or weather conditions.
Straight up: The expected outright winner of the money line in an event or game, not contingent on the point spread.
Teaser: Betting multiple teams and adjusting the point spread in all the games in the bettor's favor. All games have to be picked correctly to win the wager.
Total: The perceived expected point, run or goal total in a game. For example, in a football game, if the total is 41 points, bettors can bet 'over' or 'under' on that perceived total.
Tout (service): a person (or group of people) who either sells or gives away picks on games or events.
Underdog: The team that is expected to lose straight up. You can either bet that the team will lose by less than the predicted amount (ATS), or get better than even-money odds that it will win the game outright. For example, if a team is a 2-1 underdog, you can bet $100 that the team will win. If it wins, you win $200 plus receive your original $100 wager back.
Vig/vigorish: The commission the bookie or bookmaker takes; also called the 'juice.' Standard is 10 percent.
Wager: A bet.
Welch: To not pay off a losing bet.
Wiseguy: A professional bettor. Another term for a 'sharp.'
Slang Used in The Gambling & Betting Industry - Betting Slang Explanation for Betting Terms in U.K. and U.S.A.
Many times punters have watched films or been in company of experienced gamblers and been completely baffled by whats being discussed,as many bettors use slang to exclude others who do not share their passion - this article will give you an explanation of what they mean when those strange slang words are used.
Remember - these are the slang terms in betting - full glossary at Betting Terms Explained;A Glossary.
ACTION This just means you are making a bet.
AWOL Punter leaves town without paying bookmaker.
BANKER Your best bet,a good thing,also a banker in bets that throws everything on to this selection.
BANKROLL A punters separate cash allocated for betting.
BAD BEAT Bet should have won,but bad luck intervenes.
BAILED UP Unlucky horse that gets blocked in running.
BAIL OUT One big bet to get back previous losses.
BEARD This is someone who places bets for somebody else,for a commission payment,usually for a shrewd punter,who bookmakers will not accept bets from.
BIG DIME A $10,000 bet.
BIG NICKEL A $5,000 bet.
BIRDCAGE Slang for parade ring at the track.
BLIND BET This is when a bookmaker,or a punter disguises his true intentions by betting on a horse small,and then hitting big with the real bet later.
BOTTLE Betting odds of 2/1.
BURLINGTON BERTIE Betting odds of 100/30.
BUCK A bet of $100.
BUY THE RACK Here the punter covers every combination to ensure a payout - and hopes for outsiders to show a profit.
C of E (Church of England) Stands for Custom and Excise.
CARPET Betting odds of 3/1.
CHALK The favourite.
CHALK PLAYER Punter who only backs favourites.
CIRCLED GAME This is when there is doubt about injuries to star player or non runners,so bookmakers will not take big bets until full facts are known.
CLIENT A bettor who is prepared to pay for information.
CLOCKER Is someone who times trainer workouts for fitness confirmation.
DEGENERATE Is a slang word used for a loser,a compulsive gambler.
DIME A bet of $1,000.
DOG Refers to outsider.
DOG PLAYER Punter who always backs underdog or outsider.
DOLLAR A $100 bet.
DOUBLE CARPET Betting odds of 33/1.
DRY No money to bet with.
EAR OLE 6/4 betting odds.
EXPOSURE How much you have laid out on a bet - the amount you will lose.
EDGE The percentage advantage the bookie has over punter - and sometimes the opposite.
FAST COMPANY A group of shrewd punters,
FIFTY CENTS A $50 bet.
FIGURE The amount a bookmaker or punter owes.
FIRING Somebody who is betting much more than usual with bigger bets.
FISH A mug punter.
FUTURES This is the American term for ante post bets used in England.
GRAND A £1,000 bet.
GETTING DOWN Placing a bet.
HANDLE This is the total cash take by bookies on specific event.
IN THE MONEY This means a horse is placed for payout.
JOLLY The Favourite.
JUICE Commission,a bookmakers built in profit.
LAYER This refers to anyone who offers odds and takes bets.
LAYING POINTS Betting when the favourite is odds on.
LAY OFF This is when bookmakers offload part of bet to another bookmaker.
LINEMAKER The odds compiler.
LONG UN £100 bet.
MACHINE This refers to Tote or Pari Mutuel odds.
MONKEY £500 bet.
MUSH Someone who always seems to inflict bad luck on his associates and pals - a Jonah.
MUSH ARTIST A punter who bets but refuses to pay.
NAP Best bet of the day.
NICKEL A $500 BET.
OFF THE BOARD A complete outsider that cannot win.
OVER ROUND Bookmakers profit percentage.
OVER BROKE Happens from time to time - bookmaker has book percentage at less than 100%,which means a loss.
OVERLAY This is when bookmakers have an imperfect book and odds favour the punter.
PICKS The American term for tips used in England.
PICK EM This is when 2 teams have equal chances.
PUBLIC Dedicated gamblers tend to only socialise with fellow gamblers.They don't understand other people who have no interest in betting or gambling,and disdainfully refer to them as 'squares' or 'the public '.
PIGEON Mug punter,a sucker.
PUPPY Underdog or outsider.
PUSH Moneyback,nobody wins or losses.
PROP BETS Or proposition bets,where punters bet on novelty markets within a game,like corners,bookings,first scorer,etc. - ok for fun punters,but swerved by serious gamblers.
RIGHT PRICE This is when Tote odds are so attractive,you bet even if not happy with selection.
RINGER Good horse substituted and runs under name of poor horse.
ROUF 4/1 betting odds.
RUNNER A bookmakers employee who watches other bookies odds.
SCALPER Arbitrage punter who backs both side and cannot lose.
SCORE A £20 bet.
SHOO IN A cert bet,maybe fixed.
SHARP This refers to a clever or winning punter.
SMART MONEY Usually refers to inside information like the trainer or stable yard.
SHUT OUT Window slams shut at Tote before punter can make bet.
SHYLOCK A Money lender.
SPOT PLAYER A patient punter who bets rarely and waits for best odds.
STEAMER A big gamble,with odds reducing fast.
STOOPER Tries to find winning Tote tickets thrown away in error.
SUCKER BETS These are multiple bets like yankees,patents etc.that bookmakers love.
SQUARE Newcomer to gambling.
SWEAT This is the agony punters go through when watching a sporting event when having a big bet on the outcome.
TAPPED OUT No money left to bet with.
TILT Or On Tilt.Term usually used in poker.It means you have had so much bad luck,or are so deep in trouble that you are 'on tilt' - betting like a maniac,reckless,and all thought process gone.
TOUT Somebody who sells tips for money.
TON £100 Pounds.
TURNED OVER This is when you have lost money to a gambling colleague,or even a good friend,by trickery or deceit - 'he's turned me over',this is meant as an insult,and they should be ashamed.
UNWELL This means a dedicated gambler has had a long losing run,and can indeed affect their health and wellbeing.Hence the gamblers lament that he 'needs to get well ' - back some winners.
VALUE Getting the best odds on a bet.
VIGORISH This is the margin of profit for bookmakers,also known as juice or vig.
WISE GUY Is someone who is a shrewd punter.
WELCH Someone who bets,but fails to pay when losing.
WRITE YOUR OWN TICKET No chance bet,and bookmaker will give you any odds you ask for.
By Pendil at SAFE BOOKMAKERS SITES.©This article can be reproduced by anyone,so long as article is reproduced full and intact with all links unchanged.End of article.
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