Some Terms You Might Hear

      Hello, today I though we might talk about some of the Terms you hear a lot in Sports Betting. First Thing you hear a lot is “On The Board” or “Off The Board”.

      The “Board” is the list of Games the book is taking bets on right now, this name comes from the chalk boards that the betting odds use to be written on in the casinos. So if something is “On The Board” it is available to bet on right now, and if it is “Off The Board” it is no longer available to bet on it.

      Most books take the games “Off The Board” about 2 to 5 minuets after the game starts. If you try to bet on a game after a it goes “Off The Board” you are trying to “Past Post”, this is more of a problem in Horse Racing, where the whole thing is over in less than 2 minutes, than in most sports.

     You will also hear some people asking for a “Rundown of the Lines” or just a “Rundown”, what they are asking for is a list of all the games the book is offering right now. This happens a lot during Football season as people call up early to ask for a rundown of the lines, then call back in a few minuets with the games they want to bet on.

      Another term that might affect your betting is if a game is “Circled”, what this means is a game has lower betting limits than normal. This can be because of several different reasons, from poor weather to player injuries or player suspension. It is also important to note that any “Circled” game can only have “Straight Bets” placed on it as a rule, no Parlays or other “Exotic” bets allowed, unless otherwise noted.

     Their are a lot of terms in sports wagering and we will talk about them from time to time, if you hear a term that you don't understand, please feel free to leave a comment and I will be gladly answer your questions.