Bets that come in as soon as the betting lines are made available to the public.
Tote Board A racecourse information sports gambling expressions that displays approximate odds, betting totals, payout prices and other information necessary to the punter. UK slang for Odds of 3 to 1 also known as "tres" or "gimmel". Round Robin US A series of three or more teams into two-team wagers. Eliminating heavily bet non-contenders, betting on others in exact proportions necessary to yield some profit no matter which wins. F [Back to Top] Favourite fav The competitor considered most likely to win and therefore has the shortest or lowest odds also known as the "jolly" or "sponk".Unfamiliar with common betting terms? The staff of Sports bettors might feel they have an edge on a book if they think its lines aren't accurate. Internet sports betting will use a lot of gambling terms that you may not be familiar with as a lot of the language comes from the "street" language of old school. Page offers Gambling teminology and sports betting definitions that are commonly used in the sports gambling industry.