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SPORTS BOOK GLOSSARY

[A-B][C-E][F-J][L-M][N-P][P-S][S-Y]

Favorite/Favourite - The team or individual the sportsbooks rate most likely to win that contest or event. Typically it has the most money bet on it.

Field - 1) All the individual competitors in an event. 2) Odds offered on non listed (outsiders) players or teams collectively called the Field.

Fixed Odds - Your dividend is fixed at the odds when you placed your bet. No matter how much the odds fluctuate the odds at the time you placed your bet are fixed and written on the ticket. Your dividend for winning is paid at the value stated on your ticket, no matter what happens after you have placed your bet.

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Futures - (Also, Ante Post) Bets placed in advance predicting the outcome of a future event.

Goliath - A goliath is a multiple bet consisting of 247 bets involving 8 selections in different events. The multiple bet breakdown is 28 doubles, 56 trebles, 70x4-folds, 56x5-folds, 28x6-folds, 8x7-folds and one 8-fold.

Handicap - Spread.

Hang Cheng - The Asian equivalent for 'Point Spread'.

Heinz - A Heinz is a multiple bet consisting of 57 bets involving 6 selections in different events. The multiple bet breakdown is 15 doubles, 20 trebles, 15x4-folds, 6x5-folds and one 6-fold.

In The Red - Odds on.

Joint Favorites - When a sportsbook or bookmaker cannot split two teams for favoritism, they may both be joint favorites.

Jolly - Bookmakers slang for 'Favorite/Favourite'.

Juice - The bookmaker's commission, also known as vigorish or vig.

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