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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. Hook : A half-point. 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. 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. 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. She can then bet the opposite team at 3. 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. 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. Also used in prop bets. Parlay : A wager in which multiple teams are bet, either against the spread or on the money line. 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. 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. 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. Skip to navigation. Betting: Glossary of common terms. Kansas City Chiefs. Bucs equal bucks as U. Tampa Bay Buccaneers. Sportsbook offers refunds after Reed controversy. LeBron now MVP favorite at some sportsbooks. Los Angeles Lakers.

It's flipping madness: 'Startling' amount bet on Super Bowl coin toss. A gamble on Brady's move to Tampa Bay leads to profits. In Super Bowl 53, the Patriots were giving 2. On the other hand, since the Rams were underdogs, those who bet on LA would win more than they wagered.

Game totals are another popular betting option for the Super Bowl. In Super Bowl 53, the total for the game was set at 56 points. Since there were only 16 total points scored in the entire game, those who bet on the under would have won. Most sportsbooks offer specific team totals, such as when you wager on the total number of points that one team will score.

Instead of having to place a bet before the game starts, in-play betting allows you to wager at any point during the game. Live betting is excellent in a lot of ways. Also known as in-play betting, you can miss the start of a game and not be locked out from betting altogether. It also gives you a chance to see how the game starts before committing any money. You will have updated lines for all of the standard odds, including point spread, moneyline and game totals.

A lot of sportsbooks will expand on these even farther. Alternate lines, as well as game, team and player props, are often available too. Live betting is best with an online sports betting app because of the speed at which the odds change. Lines will adjust with just about every single play, so having an online sportsbook is the best option. Another popular betting option for the Super Bowl is prop betting. More than any other NFL game during the year, the Super Bowl always has a long list of prop bets available.

Daily fantasy sports is where operators like DraftKings and FanDuel first made their name. Instead of having a team for an entire year like in season-long fantasy leagues, DFS consists of teams you draft for one day or week. These games are seen as legal and available in more than 40 states.

Like sportsbooks have with prop bets, DFS providers also have special games in place just for the Super Bowl. In this game, you can win money for filling out your digital bingo card. These consist of celebrity sightings, songs played during the halftime show and commercials. The game has continued to grow in popularity, with more than , entries in years past. DraftKings offers a similar sort of free game for the Super Bowl. Every card consists of numbers zero through nine along the top and the side.

The two teams playing in the Super Bowl will also be posted, with one on the top and one on the side. Typically, payouts are at the end of each quarter, with the halftime and final score counting for more. Others offer retail sports betting but have not legalized online sports wagering. If you are looking for a place to bet, read more about NY sportsbooks. Online sports betting is legal in Delaware but is currently not available.

Mississippi offers retail sports betting, but not online wagering. You can only bet on sports from either the water- or land-based casinos located in the state. Mississippi sports betting now features more than 20 retail locations. New Mexico offers several sportsbooks at tribal casinos.

You must visit one of these to place a legal bet in NM. Furthermore, that number will grow as more states continue to regulate sports betting. According to the Nielsen rating, around 98 million people watched the Super Bowl between the Patriots and Rams in Privacy Policy. Colorado Apps. Indiana Apps. Illinois Apps.

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