Knowing the basics discloses the ultimate success key, therefore I propose a pleasant acquaintance with basic language of sportsbooks.

• Accountant: slang for bookmaker
• Action: a bet or a wager
• Beef: a dispute with your bookie about the accuracy of a wager
• Buck: a $100 wager
• Circle Game: limited action game due to uncertainties of circumstances
• Cover: when a favorite wins by more than the required number of points
• Dime: $1000 bet
• Dog: the team perceived to be most likely to lose
• Edge: advantage
• Exotic Bet: action other than a straight bet or parlay
• First half bet: a bet placed only on the first half of the game
• Form: generally refers to the tabloid containing data used in betting on race horses
• Grand Salami: the grand total of goals scored in all the hockey games of the day
• Gross Win: win before expenses
• Handicapper: a person who studies a number of factors to predict the outcome of a game
• Hedge: to reduce the amount of action by wagering on the opposite side of an earlier wager
• Juice: the bookmaker's commission on a losing bet
• Lay A Price: betting a favorite by laying the points
• Line: the betting proposition on a game and payoff odds on the bet
• Money Line: the amount that must be wagered to win $100 or the amount won for a $100 wager
• Mutuel: price paid on a winning pari-mutuel wager
• Nap: a newspaper correspondent's best bet of the day
• Nickel: a $500 wager
• Off The Board: game where no bets are being accepted
• Overplay: when the odds on a proposition are in favor of the bettor rather than the house
• Parlay: a sport bet with two or more teams in which all teams must win or cover for the bettor to win and receive higher payouts
• Press: to bet a larger amount than usual
• Reverse: a second exacta wager specifying two horses in reverse order of the first exact wager in horse racing
• Run Down: all the lines for a specific date, sport, time, etc
• Scratch: in horse racing, a horse that has been withdrawn from a race before the start
• Show: a horse racing bet in which you collect if the horse finishes first, second or third
• Underlay: a situation in which the odds on a game favor the book, rather than the bettor
• Uniforms: referees