S

Scalper - One who attempts to profit from the differences in odds from book to book by betting both sides of the same game at different prices.

Scratch – To cancel or withdraw a bet

Shut Out - What happens to a bettor who gets on the betting line to late and is still waiting in line hen the window closes. Another meaning, is when the losing team do not score.

Side - When one side of a wager wins and the other side ties.

Square - Player that is always on favorites and overs. Also known as a gambling fool.

Steam - When a betting line starts to move quite rapidly, usually cause by too many bettors betting on it.

Straight Bet - One wager

Sucker Bet - Parlays, teasers or exotics (anything bookmakers use to entice squares to bet more)

T

Taking – taking the odds, betting on the underdog.

Teaser - A bet on two or more teams where the bettor can add or subtract points from the spread to make their bets stronger in return for reduced odds. All results must match the selections to win the teaser.

Thick'un - A big bet.

Totals - Total combined point/runs/goals scored in a game.

Trebles - A triple bet on three events. A form of parlay or accumulator.

U

Underdog - The team that receives a point start in a handicap. The weaker team and least likely to win the match/event.

Underlay - A situation in which the odds on a game favor the house rather than bettors

V

Value - Getting the best odds on a betting proposition; the highest possible edge.


Vigorish or Vig - The commission paid to the bookmaker.

W

Wise Guy - A knowledgeable handicapper or bettor.

And there you have it, a list of the most commonly used punter slang. Hopefully these sports betting terms will be able to serve you well as you delve in the world of online betting.