/The Blog

Betting Glossary: Most Common Terms

Explore the edge behind every pick. The Stilch Blog breaks down winning strategies, sharp trends, and real insights to help you bet smarter. Whether you're new or seasoned, we give you the why behind the win.

Share This Post

Bet: A wager placed on the outcome of a game or event.
Point Spread: A number set by oddsmakers to level the playing field between two teams. A favorite must win by more than the spread, while an underdog can lose by less than the spread or win outright.
Moneyline: A type of bet where you pick the winner of a game without a point spread. Odds indicate the payout based on the risk.
Over/Under (Totals): A bet on whether the total points scored in a game will be over or under a specified number set by oddsmakers.
Parlay: A bet that combines multiple wagers into one. All selections must win for the bet to pay out, resulting in higher potential payouts.
Teaser: A type of parlay that allows you to adjust the point spread in your favor, but with reduced odds.
Push: A situation where the result of a bet is a tie, leading to the return of the original wager.
Juice (Vig): The commission taken by the sportsbook, typically a percentage of the total wagered amount.
Prop Bet: A wager on specific occurrences or non-occurrences within a game, such as individual player performance or game events.
Futures: Bets placed on the outcome of a season or tournament, such as which team will win the championship.
Bankroll: The total amount of money available for betting.
Chalk: A term for the favored team or player in a matchup.
Longshot: A bet on a less likely outcome with higher odds, offering a bigger payout if successful.
Handle: The total amount of money wagered on a particular event or game.
Closed Bet: A bet that can no longer be placed, typically because the event has started.
In-Play Betting: Wagering on a game while it is in progress, with odds that change in real time.
Sharp: A professional or highly skilled bettor who often wins and can influence betting lines.
Square: A casual or novice bettor who typically bets on favorites or popular teams.
Sucker Bet: A bet that has a high house edge, often considered unwise by seasoned bettors.
Betting Exchange: A platform that allows bettors to bet against each other rather than against a bookmaker.

Picture of / <span style="color: #8FC5A0;">About </span> Stiltch

/ About Stiltch

Stilch is an AI-powered sports picks platform delivering trend-backed, CPA-verified predictions daily. Designed for bettors who play smart, not emotional, Stilch blends cutting-edge data modeling with decades of proven trends to give you the edge you need — every single day