Chalk – The favored team or athlete, also known as the favorite.Buy Points – The ability a bettor has to pay for a half-point or more off the spread offered by the Sportsbook/bookie.Buck – A $100 wager or “buck” bet. Can also be referred to as a “Benjamin.”.Sportsbook/Bookie – A group or individual that takes bets on sports or other events.Book – Short for “ sportsbook,” a book is an establishment that accepts wagers on sports and other events.Beard – Somebody who places bets for you but conceals their identity.
Bad Beat – A loss that appeared to be a win or near lock before taking a turn for the worse and eventually losing.ATS (Against the Spread) – A term used to indicate the betting result of an event that takes the point spread into account and can sometimes refer to a team’s record against the spread.
Also refers to a baseball wager with no pitchers listed.
