Because of this, when placing a point spread bet, it is customary to bet in $11 increments ($22, $55, $110, $550, etc.) This means that the bettor must “lay” $11 for every $10 he wishes to win. Wagers on the point spread are usually offered at 11 to 10 odds. This means that the favored team must win by a stipulated number of points, or the underdog will receive that number of points. When making a straight bet, the team the player bets must cover the point spread. The most basic way to bet on football is a straight bet on the point spread. Puck line – In hockey, a spread used instead of the money line. An example of a prop bet is “Which team will score the first touchdown?” These include high profile college or pro football games. Props are often offered on marquee games of great interest. Prop (Proposition) Bet – A bet that focuses on the outcome of events within a given game. Point spread – The margin of points in which the favored team must win by to “cover the spread.” Pick or Pick ‘em – A game in which neither team is favored. However, if he wins all the wagers in the parlay, he wins a higher payoff than if he had placed the bets separately. If the player loses one wager, he loses the entire bet. Parlay – A single bet that links together two or more wagers to win the bet, the player must win all the wagers in the parlay. Over – A sports bet in which the player wagers that the combined point total of two teams will be more than a specified total. Opening line – The earliest line posted for a particular sporting event.

Off the board – A game in which no bets are being accepted. No Action – A wager in which no money is lost or won, and the original bet amount is refunded. With money odds, whenever there is a minus (-) the player lays that amount to win $100 where there is a plus (+) the player wins that amount for every $100 wagered. Money line – Odds expressed in terms of money. For example, if the player bets the underdog +4 ½ and the favorite -3 ½ and the favorite wins by 4, he has “middled” the book and won both bets. Middle – To win both sides of a game wagering on the underdog at one point spread and the favorite at a different point spread and winning both sides.

Longshot – A team perceived to be unlikely to win.

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