This sets the framework for waging a game or match and allows bettors to evaluate the value and return of a bet. This is a type of wagering that establishes the favorite and underdog along with the point total (over/under) of a particular game or contest. Betting line: Gambling odds set by sportsbooks and oddsmakers for the public to bet.Bet: To risk something on the outcome of an event.Backdoor cover: Points in the final moments of a game when a team (usually the underdog) scores meaningless points with regards to the outcome but affects the spread or total in the game.ATS: 'Against the spread,' taking points rather than betting with the spread and laying points in sports betting.Angles: Using key factors from previous events to predict the results for future outcomes.If you’re betting a favorite, the odds minus (-) sign in front, and indicate the money you need to risk to win $100. The odds for underdogs will have a plus (+) sign in front, and indicate the money you’ll win for every $100 risked. American odds: Odds that carry a +/- designation and indicate the amount needed to wager to win $100 on any given bet.
Added game: For sports betting, a game not part of Las Vegas regular rotation posted as an accommodation to customers.Action: A sports betting wager of any kind, a bet.