Updated 21 March 2023
Accumulator
Another term for a parlay bet, where multiple selections are made and all of them must win for the bet to win.
Across The Board
Betting on a horse to win, place, and show in an individual race.
Action
Any wager on a sporting event is referred to as action.
Added Game
A game that is not part of the normal Las Vegas rotation. These are often more obscure games like those in smaller conferences.
Advance Deposit Wagering
Betting where a player must deposit funds into their account before they are able to bet. Most online sportsbooks function this way.
Against The Spread
A wager where a handicap is applied to the side a bettor backs, known as a point spread.
Alternate Line
A betting line where the point spread or total is higher or lower than the default number, with different odds that vary based on how far the alternate line varies from the original.
American Odds
A way of showing betting odds that uses pluses and minuses to let bettors know what they stand to win depending on how much they wager.
Arbitrage
Betting on both sides of a betting market to take advantage of price differences across sportsbooks.
Asian Handicap
Another way to describe betting against the spread, where a handicap is applied to a team in a contest.
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