C of E: Slang for UK Customs and Excise. C-Note: A US$100 wager (also known as a “Dollar Bet”, “Buck”, “Franklin” or “One Dollar”). Canadian: A multiple bet consisting of 26 bets (10 doubles, 10 trebles, 5 4-folds and 1 5-fold) with 5 selections in different events (also known as a “Super Yankee”). Canadian Line: A combination point spread and money line in ice hockey. How to Bet On Sports > Sports Betting Glossary Whether you are new to sports betting, or have years of experience in the field, some of the betting terms used may foreign or confusing. The list below contains some of the more common terminology that you will see used on this site, and in the betting world as a whole. Glossary. Action: This is when you have a bet on a game, match, race, or season. Against the Spread (ATS): This is a statistic that tells you how well a team does against the spread. If a team has covered the spread (outperformed the sportsbook’s expectations) in five games, you would say they are 5-0 ATS. Sports betting lingo can be confusing, especially those new to the industry. The glossary below contains many of the most commonly-used terms, concepts and strategies that you will see on this site and across sports betting as a whole. Sports Betting Terms & Glossary. Action – A wager of any kind. A slang term for a novice bettor, or one that generally loses money. Stake: The sum of money wagered. Steam: Describes a substantial move in a betting line or odds, usually caused by the amount of money being wagered. Sucker Bet: A slang term for a “bad” bet, one that significantly favors the bookmaker.
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