Here are some simple definitions of terms used in Sports betting to help you start playing the system:n nAction- a bet of any kind.n nBook- a kind of institution that receives bets for any sports events.n nBookie- also called bookmarkers that are assigned to receive bets.n nBuy points- This is a strategy that allows a bettor to adjust the point spread all in his favor.n nChalk- also referred to as the Favorite.n nChalk Player- a bettor who usually plays on the Favorite and rarely on the Underdogs.n nDog- also referred to as the Underdog.n nDog Player- Usually plays on the Underdog and rarely places a bet on the Favorite.n nExotic Wager- a bettor who uses various betting styles such as parlays, teasers, etc., other than the usual or straight bet. n nFavorite- the favored winning team or player.nnFigure- the money owed by the bookmarker.nnFirst half bet- a bet placed on the first half of the game.n nFuture- winning odds are seen in advance in various sports.n nGetting down- the action of creating a bet.n nHedging- a term used to place a bet on both sides or teams to avoid losses and assure the bettor to gain an amount.n nHalf- time bet- a bet that is place on the second half of the game.n nHandicapper- creates predictions on the outcome based on past results of the game.nnLimit- the maximum amount a bookie allows the bettor to bet before changing the odds or spread points.nnMiddle- used to have wins on both sides of the game.n nNo action- there are no money lost or won.n nOdds- posted in numeric form and used to predict the winning team or game.n nParlay-bets that are placed on two or more teams.n nPoint Spread- expected scores between teams. nnProp bet- refers to the proposition bet for special area of a game.nnRound Robin-a type of parlay that involves bets on several teams.n nSquare- a novice in sports betting.n nTeaser- a kind of parlay wherein the bettor can adjust the point spread in each game.n nTrends- refer to past wins or lost of one team.n nValue- the best edge in betting.n nWager- a term used for betting.n nWise Guy- a knowledgeable handicapper or bookie.n n nKnowledgeable handicappers use Sport Picks so that bettors can decide on what team or game to bet onto.n