How do sportsbooks set betting lines

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Alternative line - Many sportsbooks offer multiple options for point spreads, totals and other markets, with longer or shorter odds based on whether the result is considered more or less likely to occur.ĪTS (against the spread) - If a team is 5-2 ATS, it has a 5-2 record against the point spread.īackdoor cover - A team that is not covering scores points at the end of a game to cover the spread unexpectedly.īad beat - Losing a bet that looked likely to win near the end of a game or other time period.Ĭashout - An option offered by many sportsbooks in which bettors can accept a payout before a wager reaches its end.Ĭhalk - The favorite in the game. Alphabetical glossary of sports betting termsĪction - Having a wager on a game. So if you don't know your money line from your points spread or your bad beat from your backdoor cover, this glossary is for you. Over the years, sports bettors and bookmakers alike have developed their own language when talking about wagering. Sports betting may be new to your state, or you may be new to sports betting, but the activity has been around for as long as there have been sports. Sports Betting Glossary: Odds, lines, spreads, futures and more You have reached a degraded version of because you're using an unsupported version of Internet Explorer.įor a complete experience, please upgrade or use a supported browser

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