PLAYERS ACCOUNT
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  • OUR RULES
  • BETTING GUIDE
  • F.A.Q
  • GLOSSARY
OUR RULES

• All rules, regulations, and payoffs contained herein are subject to change and revision by the management without prior written notice!!!

• We do not report winnings of individuals to any government agencies. It is the responsibility of each member to report any income from
wagering to their respective government agencies where it applies.

• All transactions and wagers shall be considered originating from and governed by the laws of Costa Rica.

• Members are solely responsible for their own account transactions. Please be sure to review your wagers for any mistakes before sending them over. Once a bet is placed over the computer it cannot be changed. CHECK ALL BETS CAREFULLY!!!

• Management reserves the right to refuse or limit any wager. Management also reserves the right to cancel any wager made on an obviously "bad" line, due to data transfer or human error.The lines posted by the Stardust Sports book in Las Vegas will prevail as the correct line (s) in the case of a data transfer error. The customer may then make a new wager with the corrected line.

• Members must use both their USERNAME and PASSWORD on all wagering calls.

• All wagers will be accepted up to the posted starting time of the event.

• All sporting events must be played on the scheduled day unless otherwise specified. Sporting events postponed and then rescheduled, will automatically constitute a "no action" wager, and all money will be refunded accordingly.

• Management keeps track of all wagers, point and /or price changes made prior to the start of an event by computer to help minimize errors and to aid in fairly settling disputes.

• Players making any wager must be 18 years of age or older.

BETTING GUIDE
Types of Bets
        Money Lines   Straight Bets   Totals   Teasers   Futures   If Bets   Buy Points   Round Robins   Reverse Bets
Sports Rules
        Basketball   Hockey
Horses   Boxing   Other Sports   Payoffs
 

Point Spread:
The point spread is the number of points that the favored team is expected to win by. For example, say the New York Knicks are favored to beat the LA Clippers by a point spread of 7. That means that if you pick the Knicks to win, they have to win by more than 7 points for you to win your bet. If they win by fewer than 7 points or lose the game, you lose your bet. If they win by exactly 7 points (the point spread), the result is a push or tie. That means that you don't win or lose, your original bet is refunded.

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Money Lines:
The difference between a pointspread bet and a moneyline bet is that there are no points involved. Instead, money odds are wagered on the favorite or underdog. There is a different moneyline total for either side on a money line bet, a negative side (the favorite) and a positive side (the underdog): Dallas -170 Washington +150 What this means is that Dallas is the favorite and for every $17 you bet on Dallas, you win $10 if they win. For every $10 you bet on Washington, the underdog, you win $15 if they win. By offering different odds for each team the sportsbook is able to balance action on both teams.

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Straight Bets:
A straight bet is the most common bet, where you pick a single side to win. A wager on one event whose outcome for wagering purposes shall be determined by a point spread or money odds. All straight and Total bets are 10/11 unless otherwise noted at the time of the wager.

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Totals (over/under):
A total wager is a bet on the number of points scored in the game by both teams combined. You can bet on whether the actual number of total points scored is over or under the line posted. The total points scored includes points scored in overtime. You can also bet whether the combined number of points or goals scored by the two teams in the game will be over or under the total set by the oddsmaker. For example, if the total is 32 and you believe that the combined points scored by the two teams will exceed that number, you would bet over 32.

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Parlays:
A parlay bet is a single wager involving multiple propositions. Two or more straight wagers can be tied together to form one wager. The bettor must chose the winner of each proposition in order to win the parlay. Payout odds increase as the number of included propositions increases. All teams must win by the listed point spread.

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Teasers: (Football and Basketball and Sides and Totals Only)
A teaser, like a parlay, involves multiple propositions. When betting a teaser additional points are either added to the underdog or subtracted from the favorite. Odds are changed in accordance to the number of points the spread is moved and the number of teams combined to form the teaser.

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If Bets:
If the first game wins, ties cancels or is suspended, etc., you have action on the remaining team or teams. An IF bet is a combination of 2 - 6 teams.

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Reverse Bets:
A reverse is a series of IF bets going both forward and in "reverse" order.
Each team included in the Reverse will pair with another team to form two IF bets, one with that team first and another with that team as the second team in the IF.

Each bet in the reverse is an individual straight wager for the full amount of the reverse. Note: Each bet is for the same amount.

WIN REVERSE
IF win only (single action) .

ACTION REVERSE
IF win/tie/cancel (double action) condition.

Why use this bet
A reverse offers the advantage of a large payout without the risk of losing the bet if one team loses. For example, if you place a 3-team reverse for $110 your total risk will be $660. If all 3 teams win you win $1200 and if only 2 teams win you still win $160. This last example is under the assumption that all money lines were -110.

Reverse Rules:
- The Rules of IF bets apply
- The bet amount chosen for the Reverse is the same amount for each IF bet in the reverse (you risk the same amount for each IF bet created in the Reverse)
- The maximum win is determined by adding up the individual win amounts of each bet included in the reverse
- Number of selections allowed 3.
- You may buy points on each selection in the reverse up to a maximum of 2 points

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Props:
A proposition bet is a bet offered with conditions and odds determined by an oddsmaker. These bets are usually exotic bets like which quarterback will complete the most touchdown passes, which team will score the last points in a game, or which will complete the longest field goal. Odds change daily and all wagers are considered action at the odds quoted at the time of the wager.

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Futures:
Futures are a single wager on the outcome of an event that will be determined sometime in the future. For example, picking the winner of the NFL championship, the Stanley Cup, or the World Series.

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Buy Points:
Buy Points means that you can move the pointspread so that you give away less points with the favorite or get more points with the underdog, for both football and basketball.

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Round Robins:
Three (3) or more teams selected to make up a series of parlays. A Round Robin is a series of parlay-type wagers built from all possible groups of the specified round robin group size. The selections can be any combination of sides, over/unders, money lines, run lines, or puck lines.

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Winners and Losers are Official After...

Football (College-Pro).............. 55 minutes of Play
Basketball (Pro)...................... 43 minutes of Play
Basketball (College)................ 35 minutes of Play
Hockey (Pro).......................... 55 minutes of Play
Golf ...................................... 54 holes of Play

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BASEBALL
Baseball tickets will be marked as follows
The wagering on baseball is done by laying or taking money odds.
The minus (-) indicates the favorite
The plus (+) indicates the underdog

Example:

White Sox

+1.50

 

Indians

-1.60

Player would lay $160 to win $100 or $16 to win $10 on the Indians. Player wagers $100 or $10 to win $15o win $15 on the White Sox.
On money odds whenever there is a minus (-) you lay that amount to win a dollar, where there is a plus (+) you get that amount for every dollar wagered.

BASEBALL WAGERING RULES

  • Winners and losers are official after 5 innings of play. If the home team is leading, the game is official after 4 1/2 innings.
  • If a game is called or suspended, the winner is determined by the score after the last full inning (unless the home team scores to tie, or takes the lead in the bottom half of the inning, in which case the winner is determined by the score at the time the game is called). Money will be refunded if the home team ties the game and it is then suspended.
  • When wagering on game totals and runlines the game must go 9 innings (8 1/2 if the home team is ahead) to have action.
  • A pitcher is deemed a starting pitcher after throwing one pitch. The listed pitchers must start or there is "no action". Wagers on game totals and runlines will be refunded if a pitcher change occurs prior to both listed pitchers throwing at least one pitch.
  • Rules for Run Line wagers are the same as those for baseball totals.
  • If a game goes past nine full innings and is not completed (I.E. suspended, curfew, rain delay, etc) there will be action on total and runline wagers.
  • Teams must play for there to be action, all wagers included, all leagues included.
  • Events will not carry over to the following day (unless otherwise specified).
  • When betting on "mega runs," all games that are covered must be declared official for action. Action continues on mega run bets regardless of starting pitchers.
  • Las Vegas Rules apply for any rules not mentioned here.

BASEBALL WAGERS WILL BE ACCEPTED IN THE FOLLOWING MANNER:
 
- ACTION. (any starting pitcher) Player is betting team vs. team regardless of starting pitchers.

- LISTED PITCHERS. (both specified pitchers) Wager is active only if the originally scheduled pitchers start the game and throws at least one pitch. IF STARTING PITCHERS ARE NOT EXACTLY AS LISTED ON WAGERING DISPLAY BOARD, AND/OR YOUR TICKET, YOUR WAGER WILL BE DEEMED "NO ACTION".

- SELECTION. (your teams selected pitcher) Player is wagering on his selected team and his team's originally scheduled pitcher, regardless of the pitcher for the opposing team.

- OPPOSING. (opposite teams selected pitcher) Player is wagering on his selected team regardless of his team's starting pitcher, as long as the originally scheduled pitcher starts the game for the opposing team.

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FOOTBALL/BASKETBALL
On straight bets, players lay $11 for every $10 player wishes to win.

Example:

Bears

41

 

Cowboys

-3

The Cowboys are a 3 point favorite. Player would lay $110 to win $100 or $550 to win $500, on either team.
The point spread is always given with a negative number on the favorite and a positive number on the underdog. If a player wagers on the favorite, that team must win by more than the amount of the point spread. On all straight bets (except Parlays), if the favorite wins by the exact point spread the wager is a Push or "No Action."
The number to the right of the Bears is the total (over/under) number. Players can wager that the combined score of both teams will be either over or under this number. Overtime scores are counted in the score.

FOOTBALL WAGERING RULES

  • Games lasting under 55 minutes constitute"No Action" or "Push/Cancel" and all money is refunded.
  • Wagering on the game period spread, moneyline, or total (over/under) include any overtime scoring.
  • Half-time (2nd Half) wagering includes any overtime scores. Fourth Quarter wagering does NOT include overtime scores.
  • When wagering action points on totals in college football, overtime is NOT included.
  • NFL rules and regulations will apply to CFL unless otherwise stated.
  • Las Vegas Rules apply for any rules not mentioned here.

BASKETBALL WAGERING RULES

  • Games lasting under official time constitute"No Action" or "Push/Cancel" and all money is refunded.
  • Wagering on the game period spread, moneyline, or total (over/under) include any overtime scoring.
  • Half-time (2nd Half) wagering includes any overtime scores. Fourth Quarter wagering does NOT include overtime scores.
  • Las Vegas Rules apply for any rules not mentioned here.

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COLLEGE FOOTBALL OVERTIME PROCEDURE
College Football overtimes commence with a 1st & 10 play at the opponents 25-yard line. The offensive team keeps possession until they score, commit a turnover, or fail to convert on 4th down. Overtime continues until the score is no longer tied and each team has had an equal number of possessions.
ALL WAGERS ON THE SIDE & TOTAL WILL INCLUDE ALL OVERTIME SCORING.

For wagering purposes, unless otherwise stipulated, Professional and College Football is considered official after 55 minutes of regulation play or at the completion of overtime period(s).

Games are graded as soon as the game goes final and is deemed official.
Futures, such as Divisional winners, will be graded as soon as the season or tournament is over.

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BOXING (Pro, College, and Amateur)
When bell is sounded signifying the start of the opening round, the bout is considered official for wagering purposes. If the bout is officially stopped prior to the bell, that round is not considered a full round.
Wagering on boxing is done by laying or taking money odds.
The minus (-) indicates the favorite
The plus (+) indicates the underdog

Example:

Evander Holyfield

+1.70

 

Mike Tyson

-2.00

Player must lay $200 to win $100 or $20 to win $10 on Tyson who is a 2 to 1 favorite.
Player would wager $100 to win $170 or $10 to win $17 to win on Holyfield.
In the event of a draw, money on the fight itself will be refunded. However, specific fight propositions must come as stated, such as a draw, either fighter by knockout or decision, or a specific round knockout, etc.
Round propositions will be governed by the rules posted on our wagering sheets or as stated at the time of the wager.
In the event that either fighters do not make the required weight but the fight goes on, the following stipulations apply: When the bell sounds for the first round, the bout will be considered official, regardless of the scheduled length or title.
The bout must have the original scheduled length to have action on a rounds proposition.

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HOCKEY
Wagering on hockey is done by laying or taking money odds.
The minus (-) indicates the favorite
The plus (+) indicates the underdog

Example:

Bruins

+0.5 1.20

 

Flyers

-0.5 -1.40

Player would lay ½ goal and $140 to win $100 on the Flyers. Player would wager $100 and get the ½ goal to win $120 on the Bruins.
HOCKEY WAGERING RULES

  • Games lasting under official time constitute"No Action" or "Push/Cancel" and all money is refunded.
  • Games must take place on the site and date scheduled. (unless otherwise specified)
  • Overtime scores are included on all game period wagers. Third Period wagering does NOT include overtime scores.
  • Las Vegas Rules apply for any rules not mentioned here.

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HORSES WAGERING RULES

  • A time stamp will be placed on all wagers.
  • Any horse wagers placed after the official star time will be graded as N/A (no action).
  • Track Odds will be paid on winning horses up to the maximum house payout limits.
  • Exotic wagers will only be paid in cases where the particular track offers this type of bet. If an exotic wager is placed on a race that does not offer it, the wager will be refunded.

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OTHER SPORTS
All other contests that involve a scheduled length of play or time limit must play to their conclusion or have five minutes or less of the scheduled playing time remaining when the contest concludes to be considered official for wagering purposes.

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PAYOFFS

Straight Bets
All Straight and Total bets pay 10/11 unless otherwise specified.

Parlays:

TEAMS

FOOTBALL

BASKETBALL

2 Teams

13/5

13/5

3 Teams

6/1

6/1

4 Teams

10/1

10/1

5 Teams

20/1

20/1

6 Teams

40/1

40/1

 

 

 




In case of "No Action" or a "Tie," Parlay is reduced to the next lowest number of plays. Two team parlays become a straight bet at 11/10.

$100 would pay $90.91

$50 would pay $45.45

COMBINATION BASEBALL PAYOFFS
Because of the money line used in baseball, there are no set payoffs for tying a number of teams together in parlays.
Payoffs are determined by a simple formula that changes the
money line into a decimal number and combines it with the other lines in the parlay. The first step is to change the money line into a decimal.

HOW TO FIGURE BASEBALL PARLAYS
For each PRICE or ODDS quote on your teams, look at their respective PAYOFFS (to $1) and always ADD $1 to these payoffs.
Multiply your BET times the products of these payoffs (+$1) for your parlay return.

EXAMPLE:

Bet $50 on Cardinals (-150) parlayed to Tigers (-130)

 

BET CARDINALS TIGERS RETURN

 

(-150) (-130)

 

$50 X 1.67 X 1.77 = $147.80

 

RETURN INCLUDES THE $50 BET

USE THE SAME METHOD FOR ANY NUMBER OF TEAMS

EXAMPLE:

Bet $75 on Cubs (+120) to Reds (-135) to Mets (EVEN) for 3 team parlay

 

BET CUBS REDS METS RETURN

 

(+120) (-135) (EV)

 

$75 X 2.20 X 1.74 X 2.00 = $574.20

 

(1.00 + 1.20) (1.00 + .74) (1.00 + 1.00)

 

RETURN INCLUDES THE $75 BET

REMEMBER TO ALWAYS ADD $1 TO PAYOFF PRICE TO FIGURE ALL PARLAYS.

Note: In the case that there might be two exact teams showing with two different lines you may not parlay the teams together. If you do your parlay is null and void. No exceptions!
 

Football Teasers

 

6 Points

6½ Point

7 Point

2 Teams

10/11

5/6

10/13

3 Teams

9/5

8/5

7/5

4 Teams

5/2

2/1

9/5

5 Teams

4/1

7/2

3/1

6 Teams

6/1

5/1

4/1

 

Basketball Teasers

 

4 Points

4½ Point

5 Point

2 Teams

10/11

5/6

10/13

3 Teams

8/5

7/5

6/5

4 Teams

5/2

2/1

9/5

5 Teams

4/1

7/2

3/1

6 Teams

6/1

5/1

4/1

 

A "Tie" or "No Action" and a "Win" on a two team teaser shall constitute a "No Action" wager. A "Tie" or "No Action" and a "Loss" on a two team wager shall constitute a "Losing" wager. Ties on a three or more team teaser shall revert to the next lowest betting bracket.

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OUR RULES
FREQUENTLY ASKED QUESTIONS
  General   Bookmaking   Technical   Taxes  
 

General
How old do I have to be to place a bet?
No one under the age of 18 years will be allowed to place a bet.
What are your hours of operation?
Our online sportsbook is open for operation 24 hours a day, 7 days a week. Our call center is open from 7am pacific until the last halftime of the last west coast game.
What about Privacy and Security?
Our Players privacy and security is of the utmost importance. We make sure to protect all personal information.

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Technical
Do I need to download any software to play on the online sportsbook ?
NO! All the online sportsbook is written in the ASP programming language. Therefore you are not required to download or install anything on your computer. All you need to do is access our web site using your favorite internet browser.

Will your online sportsbook work on my computer?
We will work on any computer which can surf the World Wide Web using a browser like Internet Explorer preferably. We had received some information that some troubles may occur when people are using Macintosh computers or Nestcape Navigator browser, specially with straight bets. We are working on resolve that problem. Thank you for your patience.

Can I get technical help?
One of our priorities is to make sure that our members are well looked after. If you are having any technical problems or if you have any questions or concerns please give the office a call.

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Bookmaking
What is the minimum bet by Internet and telephone?
You can bet a minimum stake of $10 via Internet, or bet $50 (or equivalent) minimum by phone.

What sports can I bet on?
You can bet on any sport that we offer. This includes professional and college football and basketball, professional baseball, professional hockey, and horse racing. Every now and then we will offer proposition bets on events like professional golf tournaments and the Indy 500 and the like, but not on a regular basis for other events in those sports.

What kind of plays/bets do you have?
We take action on parlays, round robins, teasers, super teasers, if bets, straights, totals, buy points, props and future bets.

What if there is a discrepancy with a wager?
Our operations are fully computerized and every transaction is digitally recorded. In the event of a discrepancy with a wager, you will be able to listen to the digital playback of your conversation/transaction. The Operations Manager will then decide if an adjustment to your betting account is necessary. These decisions are FINAL.

Who do I contact about my concerns?
If you have any questions or concerns about the sportsbook, please feel free to call our customer support. We will gladly help you out with any issues you may have.

How long does it take to reconcile a game once it is over? When will the money be in the customer’s account?
Games will be reconciled at the end of the event; your account will be updated 20 to 30 min after the game has ended.

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Taxes
Are my winnings reported to any government agency?
Absolutely not.

Do I have to pay taxes on my winnings?
Paying taxes on your winnings all depends upon the jurisdiction in which you reside. We will not provide details of players net proceeds or losses. This is up to the individual to declare to their government.

Do you recommend that I report my winnings or losses to my country's Tax Authorities?
We can not give you any tax advice. We have players from several countries, so we do recommend that you seek the advice of a qualified advisor in your home nation.

 

Glossary

Across the board
Method of wagering on a horse to win, place and show.

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Action (AT)
In baseball, placing a bet on the site no matter who pitches.

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Action points
In an action point wager the customer is going to get paid for every point the chosen team covers the point spread or, is going to be charge for every point the chosen team doesn't cover, plus an additional 10%.
--Note: Action points can only be played on football and basketball for complete games--
The customer chooses the amount for each point.
Also, the customer has to set a point cap. That is, the maximum points the customer is going to get pay or charge for. The point cap goes from 10 to 50 points.

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Appentice
Jockey who has not ridden a certain number of winners in a specified period of time. Also known as a "bug", from the asterisk used to denote the weight allowance such riders receive.

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ATS
Against the spread

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Bad beat
Tough loss

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Beard
A friend or acquaintance or other contact who is used to placing bets so that the bookmakers will not know the identity of the actual bettor. Many top handicappers and persons occupying sensitive positions use this method of wagering.

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Beef
Dispute

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Beyer number
A handicapping tool, popularized by author Andrew Beyer. That assigns a numerical value (speed figure) to each race run by a horse, based on final time and track condition. Enables horses running at various racetracks to be objectively compared.

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Board
In pari-mutuels, short for "tote board", where betting odds, pools and other information is displayed. In sports betting, the entire list of available games

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Bomb, or bomber
A winning horse sent off at extremely high odds

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Book
An establishment that accepts wagers on the outcome of horseracing and sporting events.

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Bookie
Person who takes bets from the clients.

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Box
A combination bet whereby all possible numeric combinations are covered

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B.R.
Bankroll

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Breeder's cup
Thoroughbred racing’s year-end championship, consisting of seven races

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Buck
A $100 wager.

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Buying points (From 1/2 to 10pts)
The customers can buy points to their advantage only in football and basketball for the complete game whenever doing point spreads. Points can be bought on the side or on the total.
NOTE: In football, when buying of or onto a 3 point spread there is an extra 10% charge on the juice.
"Current line is Raiders -3.5, buying 0.5 point will make the Raiders -3, for that you have to lay -120 plus an extra 10% charge, so picking Raiders -3 buying a 0.5 point it is going to cost $130 to win $100, this is because its the same as a field goal".

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Call
Running position of horses in a race at various points

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Call bet
A bet made verbally.

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Canadian line

This is a combination point spread line and money line.

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Chalk
A favorite.

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Chalk player/or chalk eather
Someone who usually plays the favorite teams, rarely betting on the underdogs.

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Churn
The effect of betting and rebetting money

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Circle game
A game in which the betting action is limited; usually occurs in games that feature key injuries, inclement weather, or unsubstantiated rumors regarding a team.
Sometimes stated, "This is a circle game."

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Consolation double
A payoff to holders of daily-double tickets combining the winning horse in the first race of the double with a scratched horse in the second half

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Cover
To win the game by the required number of points; if such occurs you have "covered the spread". In case of playing the underdog to lose by less than the spread.

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D. C.
Defensive Coordinator of a football team

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Daily double
Type of wager calling for the selection of winners of two consecutive horse races

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Dead heat
When two or more horses or dogs finish in a tie

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Degenerate
Compulsive gambler

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Dime
$1,000

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Disqualification
Change in order of finish by officials for infraction of the rules

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Distaff
Female horse

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Dog
The underdog in any betting proposition.

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Dog player
One who mostly plays the underdog.

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Dollar bet or buck
A $100 wager.

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Double bet

A wager for twice the size of one's usual wager; also known as "double pop" or "doubling up".

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Earn
Practical hold percentage

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East coast line
Mainly used in hockey, which has a split-goal line e.g. - NY Rangers (1 - 1 ½) favorite over the Vancouver Canucks as opposed to goal spread plus moneyline (-1/2 -180).

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Edge
Advantage.

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Entry
Two or more horses with common ownership that are paired as a single betting unit in a race

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Equivalent odds
Mutuel price that a horse or dog would pay on a $1 bet.

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Even money
A wager in which no virgorish or juice is laid.

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Exacta
A wager in which the first two finishers in a single race must be selected in the exact order.

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Exotic bet

In sports betting, any bet other than a straight bet, i.e., parlays, teasers, if bets, reverses, round robin, round robin box reverses, etc.
In horse racing, any wager other than win, place or show.

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FA
Free Agent

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False favorite
Horse that is a race favorite despite being outclassed by other competition in the field.

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Favorite
Team or person that most likely to win the game, or that has the odds in it's favor.

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Field
The group of horses in a race

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Field horse
Two or more starters running as a single betting unit, usually when there are more starters than positions on the tote board. Also known as the "mutuel field".

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Figure
Amount owned by or to a bookmaker.

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Fin
$50

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Final 4
The remaining 4 teams in the NCAA basketball tournament.

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Form
The performance expected according to how a team or horse looks on paper; also, slang for the "Daily Racing Form".

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Fractions
Intermediate times recorded in a race. For example, "quarter time" is the recorded after the first quarter-mile, not the first 25% of the race.

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Furlong
One-eighth of a mile.

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Futures
Odds posted on the winners of various major sport championships in advance of the event, including the Super Bowl, the World Series, the Stanley Cup and the NBA championship.
In other words, bets placed on an event or outcome taking place some time in the future, e.g., betting during the season on the Super Bowl winner.

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Getting down
Making a wager.

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Gross win
Win before expenses.

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Handicapper
One who studies, rates and wagers on sporting events and/or races.

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Handle
Total amounts of bets taken.

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HC
Head Coach.

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Hedge/hedging
Placing bets on the opposite side in order to cut losses or guarantee winning a minimal amount of money.

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Holding your own
Neither winning nor losing, just breaking even.

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Hook
A half point added to point spreads (football and basketball only).
Also commonly said: "lost by the hook".

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Home field advantage
Edge the home team is expected to have as a result of familiarity with the arena and effect of travel on the visiting team.

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Hoops
Basketball

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Hot
One-eighth of a mile.

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Hot game
A game which is drawing a lot of action on one side by knowledgeable handicappers.

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Hot tip
Information the bookmaker is not yet privy to.

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If bets
Is a chain from 2 to 5 straight plays join by a condition.
There are two types:

(1)SINGLE ACTION: where the player will have action on the second straight bet if the first play WINS ONLY, and so on in the chain of plays.

(2)DOUBLE ACTION where the player will have action on the second play only if the first play WINS, TIES OR THE GAME IS CANCELLED and so on in the chain. Wherever is a lost, the bet stops there.

Amounts? 2nd has to be the same or lower amount than the 1st one.

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In the money
A horse that finishes first, second or third

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Inquiry
Reviewing a race to check into a possible rules infraction. If lodged by a jockey, it is called an objection

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ITW
Intertrack wagering

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Juice
The bookmaker's commission, most often refers to the 11 to 10 football bettors lay on straight wagers.
Also known as the vigorish.

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Juvenile
Two-year-old horse

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Lasix
Trade name for a medication used in the treatment of bleeders, which acts as a diuretic. Often improves performance in horses that have bled in previous races

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Lay a price
Bet a favorite, lay the points

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Laying the points
Betting on the favorite.

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Line
The current odds or pointspread on a particular event.

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Linemaker
The person who establishes the original and subsequent betting lines.

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Listed pitchers (LP)
Stating that you will place bet only if one or both of the pitchers scheduled to start a baseball game actually start. If they don't, the bet is cancelled.

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Lock
Sure or easy winner.

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Longshot
A team or horse that is unlikely to win. Large underdog

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LY
Last Year

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L2Y
Last two years (any number can be inserted in the middle to refer to the number of years something has occurred)

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Middle(S)
To win both sides of the same betting proposition; betting the favorite team at -1.5 with one bookmaker and then taking +3.5 with another bookmaker; the game ends up with the favorite winning by exactly 3 points, you have then "middled the game"; a favorite betting method of "Wise Guys".

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Minus pool
In pari-mutuel wagering, when after the take is extracted, there is not enough money left to pay winning patrons the minimum pay-out. The track must then make up the difference

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MLB
Major League Baseball

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Money line
The amount you must bet on a favorite to win $100, or the amount you win on an underdog if you bet $100. It can be used in any sport, but however wins the game or event wins the bet.

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Morning line
Probable odds on each horse in a race, as determined by the track handicapper, who tries to gauge both the ability of the horse and the likely final odds as determined by the bettors

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Mutuel
Price paid on a winning pari-mutuel wager

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Mutuel pool
Sum of the wagers on a race

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MVP
Most Valuable Player. Leagues give MVP awards to the best regular- season player and to the outstanding player in championship games or series

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NBA
National Basketball Association

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NCAA
National Collegiate Athletic Association

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Neutral site
Arena, court, or field where neither side has a home field advantage

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Newspaper line
The betting line which quite often appears in the daily newspapers; the lines are only approximate and quite often totally inaccurate and misleading.

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NFL
National Football League

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NHL
National Hockey League

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Nickel
A $500.00 wager.

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NL
No Line

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Odds on
Odds of less than even money

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Oddsmaker
Same as a linemaker. The person who establishes the original and subsequent betting lines.

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Off the board
A game on which the bookmaker will not accept action, that is, no bets are being accepted. The event already start.

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On the nose
Betting on a horse to win only

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OTB
Off-track betting, or wagering at legalized betting outlets, usually in major cities. Wagering at these sites are usually commingled with on-track betting pools

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Out
Bookmaker, usually refers to an illegal bookmaker

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Out of the money
A horse that finishes worse than third

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Outlaw line
An overnight line not used by casinos or offshore establishments.

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Over/under
A bet on whether the combined total of the points/goals scored by the two teams will exceed or be less than a reestablished number or runs

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Overlay
When the odds on a proposition are in favor of the bettor rather than the house

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Pari mutuel
A form of wagering originated in 1865 by Frenchman Pierre Oller in which all money bet is divided up among those who have winning tickets (after taxes, takeout and other deductions are made). Oller called his system "parier mutuel", meaning "betting among ourselves". As this wagering method was adopted in England, it became known as "Paris mutuals," and soon after "pari-mutuels".

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Parlay
(1) A group from 2 to 8 teams in which the payouts increase as the number of chosen teams increase. In order to win the parlay, all the chosen teams must win. In case of a push, the parlay will revert to the next lower amount of teams, paying the odds corresponding to a parlay of that amount of teams.

(2) A wager on two or more horseraces in which the winnings are carried over to the next race.
Parlay cards
Wagers on a minimum of 3 and up to 15 propositions; the more you pick, the higher the payoff.

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Part wheel
Using a key horse or horses in different, but not all possible, exotic wagering combinations

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Past performance
What has occurred previously to the forthcoming games.

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Past post
To make a bet after an event has started

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Photo
Short for photo finish, a result so close it is necessary to use the finish-line camera to determine the order of finish

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Pick/pick' em game

Neither team is favorite. Usually in basketball and Football. 0 point spread, Whoever wins the game wins the bet

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Pick #
A type of multi-race wager in which the winners of all the included races must be selected. Pick 3 and Pick 9 are common wagers at many tracks. The Pick 6 at jai-alai was often referred to as the "Super 6".

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Place
Bet for a horse to get on second place.

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Place bet
Wager on a horse to finish first or second

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Player
Bettor, gambler

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Pointspread
Only used in football and basketball. Is used to make the game even by adding points to the score of the underdog or subtracting points from the favorite.
The "line"; the handicap, or head start that the favorite gives to the underdog for betting purposes. The favorite must cover the point spread in order to win the game. The underdog on the pointspread gets the same amount of points is his advantage.

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Post position
Number used to identify horse for betting purposes; may refer to spot in the starting gate, but not always

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PPG
Points per Game

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Practical hold percentage
The amount won by a bookmaker divided by the total amount booked

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Press
To bet a larger amount than usual.

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Price
The odds (line) or pointspread.

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Puckline
Mainly used on East Coast with hockey, giving odds of a goal spread instead of Canadian Line where both a goal spread and moneyline is played.

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Puppy
Underdog

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Push
A tie. Neither side wins and all money is returned to the bettors.

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Reverses
All possible combination of two team if bets, Double Action If Bets done in both ways, with the chosen teams (from 2 to 6 teams).

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Round robin
All possible combination of two team parlays with the chosen teams (from 3 to 6 teams).

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Rundown
List of all the odds (lines), pointsreads, totals, money lines, etc. for a particular sport.

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Run line
(Combination of Run Spread with Money Line)
A line used when wagering on baseball. The favorite is minus the runs but usually combined with a positive money line and the underdog is plus the runs but the customer has to risk more to win less (negative money line)

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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

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Score
To win a lot of money

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Scots
Person(s) who study team plays and/or practice and report findings to handicappers.

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Scratch
Withdraw; cancel.
Also, when a horse get injure.

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Sharp
Wise guy

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Show
Bet for a horse to get on third place.

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Side
To win one side and tie the other. For example, if you lay -2 ½ and take 3 on the same game and the favorite wins by 3 you have SIDED the book. The book has been SIDED.

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Single
Same as a straight bet.

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Smart money
Sides that are bet on by the more knowledgeable handicappers.

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Special teasers
(Only in Basketball and Football for the whole game)
Type of teaser where the more teams that are chosen, the more points are credited per team. A player can pick from 2 to 4 teams. All teams must cover the teased spreads to win the teaser. When there is a push, the whole wager is considered a push, unless the push is accompanied by a loss in which case the wager is a loss.

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Sport player
A person who waits for what he thinks is an unusually strong wager.

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Spread
Abbreviation for pointspread

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Square
Unsophisticated gambler

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Stanley cup
Championship of Hockey

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Steam
Heavy action on one side.
When a betting line starts to move quite rapidly; most "steam games" do not necessarily reflect the "right side," but are games that the mass of bettors somehow decide to key on.

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Store
A Bookie.

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Straight bet
A bet on a team person or thing. 4 situations
Side: Favorite and underdog.
Total: Over or Under a preestablished combined total.

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SU/Straight up
Straight Up, or actual score of the game without counting the spread

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Sucker bet
Bet with a large house edge

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Super bowl
NFL Championship game

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Taking/take a price
Wagering on the underdog; taking the odds.

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Tapped out

Broke, busted, common result of pressing.

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Teasers
Only in Basketball and Football for the whole game)
A group from 2 to 6 teams that adds points to the lines or totals in the most convenient way for the player.

There are two types of teasers: Special Teasers (see special teasers) and Vegas Teasers (see vegas teasers).

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Theoretical hold percentage
The edge the bookmaker would have IF the odds guaranteed him a constant commission regardless of the outcome

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Toss up
Game where the line is close to pick ‘em

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Totals
Total combined point/runs/goals scored in a game; In baseball, if either of the two listed starting pitchers don't go the bet is automatically cancelled.

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Tout service
A business that sells its expertise on sporting events.

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TY
This Year

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Underdog
Team most likely to loose the game, or that the odds are against it.
Also refered to as "Dog".

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Underlay
When the odds on a proposition are in favor of the house.

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

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Vegas Teasers
(Only in Basketball and Football for the whole game)
This teaser combines the rules of a special teaser and a parlay. It is like a teaser in the sense that it gives points, but regardless of the number of teams chosen, it always gives the same number of points per team.
It's like a parlay in the sense that the more teams that are chosen, the better the payout of the wager.
All teams most cover the teased spread to win the bet. With a push, the teaser will revert to the next lower number of Vegas Teaser.

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"VIG" Vigorish
The commission paid to the bookmaker. Juice.

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Wager limit
Maximum bet accepted by the house before the price will be changed.
Also the "cap" on what you can personally wager.

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Win
Bet for a horse to get on first place.

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Window
What some players say after winning a bet.

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Wise guy
A well-informed or knowledgeable handicapper or bettor.

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Wood
Laying points.

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World series
Championship of Major League Baseball.

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