Glossary of basic terms

Action: Having action means placing a bet.
Bet: Also known as a wager or gamble, it means to risk money on the ultimate result of an event.
Book: A person or company that accepts bets
Cover: To win against the spread
Favorite: The favourite team or the team expected to win.
Gamble: Also known as bet or wager means to risk money on the outcome of an event.
Handicap: The prediction of an outcome after careful analysis.
Odds: The probable occurrence of an outcome declared numerically
Underdog: Also known as puppy, the side or team expected to lose.
Wager: Also known as bet or gamble, means to risk money on the outcome of an event.