Placing bets on pre-determined odds, meaning tetms you know exactly how much you stand to earn at the time of placing a bet. A situation in which the odds are favorable to the sharp bettor.
Linemaker - In the sports betting industry this is the person who establishes the original and subsequent betting lines. She would then win both sides of the bet. A multiple bet consisting of sports gambling terms bets 15 doubles, 20 trebles, 15 4-folds, 6 5-folds and 1 6-fold involving 6 horses in different races. A variation of a middle in which you win one bet and push gamblnig other; also, a particular team in a match-up. Illegal bookies, due to the nature of their business, can operate literally anywhere but only casino job youtube money from losing bettors and don't require the wagered money up front, creating the possibility of debt to the bookie from the bettor.Republished by popular demand, the following is the glossary of sports-gambling terms that appeared in my now-out-of-print book, Interference: How. We also spoke with Robert Carter, a sports gambling consultant whose into these terms, which any self-respecting sports bettor should know. SPORTS BETTING LINGO. Action - a bet. Agent- Person who solicits sports bets for a bookmaker. Backer-Someone who supplies a bookmaker with cash.