Betting Terms

Written by: Alex Windsor

Fact checked by Brian Webb  

Updated: January 14, 2025

Everyone has their own terms that they use with their friends when it comes to betting. However, there are some that are staple terms of sports betting that you need to be aware off.

Our team has written a guide for each of the main betting terms to explain everything you need to know in order to understand them. We break each one down and give examples of how they can be applied to sports betting

All Sports Betting Terms

• Chalk
• Closing Line Value (CLV)
• Draw No Bet
• Expected Value (EV)
• Fade
• Favorite
• Half-Time/Full-Time Betting (HT/FT)
• Handicap
• Hedging
• Juice
• Matched Betting
• Match Odds
• Playthrough Requirements
• Push
• Puck Line
• Reuse Selections
• Settled Bets
• Shaded Lines
• Spread Alternate
• Tailing
• Trap Game
• Underdog
• Units
• Void Bet
• Winning Margin

If you are unsure of any betting terms or would like more examples and guides, feel free to reach out to us @BettingToolsUS on x/twitter.

AUTHOR

Alex Windsor

Alex, a ten-year iGaming industry veteran and Managing Editor at BettingTools specializes in sports betting and betting tools. He also provides insightful reviews, ensures the accuracy of all offers, and maintains content quality helping you make informed choices. Combining professional expertise with a passion for football and soccer, Alex ensures we offer you a reliable resource, focusing on betting tools to assist with odds, accas, and other betting strategies.