Definition of ‘Sportsbook’

The person, shop or website who accepts bets.

Definition of ‘Spread’

Also known as a point spread. Referring to the points given to the underdog to level the odds with the favourite.

Definition of ‘Spread betting’

Also known as action line or moneyline. The amount that must be wagered to win $100, or the amount won for a $100 wager. A bet is won or lost according to whether you correctly predict the result of an event. Returns or losses are calculated in proportion to how right or wrong the bettor is, and can lead to huge returns or losses.

Definition of ‘Square’

The opposite to a sharp - someone that bets casually and is not a professional or full-time gambler.

Definition of ‘Stake’

another term for a wager.

Definition of ‘Stanley Cup’

the top knockout competition in ice hockey.

Definition of ‘Steam’

refers to heavy movement on a betting line, which is usually caused by many people betting on it.

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