Since it first started the sports betting industry has created its own terminology, for bettors to use when discussing how to wager on their favorite sports. As a result, fans new to betting online have been drawn away since they do not understand the gambling jargon. Today we look at a few terms to help beginners understand the world of sportsbooks.

Accountant - Term for a bookie or bookmaker who provides the odds.

Accumulator - Synonym for parlay bet essentially is a term describing multiple bets in which you allow your original wager to ride over two or more bets.

Across The Board - This is a horse racing term in which you bet on a horse to finish in first, second or third.

Agent- The person who takes your bet.

Alpo- Slang for the underdog.

Back Door Cover- When a team has no chance of winning but scores points to basically cover the spread.

Backed- This is a team or horse that has a ton of people wager on it.

Bad Meat- A game you lost at the last minute after leading the whole game.

Banker- Team or participant with the highest odds to win.

Beef- Argument with your bookie over the amount wagered.

Book- short for a bookmaker.

Bookie- The person or shop that accepts your bets and sets the lines.

Buck - $100

Chalk- The favorite whether it's a team, or a player or a horse.

Chalkeater- A gambler who only bets on the favorite.

Circled Game- Game with a limit on the bet due to an outside factor such as an injury or the weather.

Cover- When a team wins a game by the allotted point spread they are covering the point spread.

Dime Bet - is a wager of $1000.

Dividend - The payout after a victory.

Online betting jargon has grown by the day and fans looking to get involved have become confused. Today however we provide you with a sports betting glossary of terms to clear up all of the confusion. Here are a few terms to help you get started on your road to becoming a successful sports bettor.

Dog - Short term for underdog.

Dollar Bet - Slang for $100 wager.

Draw - When participants tie in an event, the winnings are split in half. In horse racing this has been overruled by the photo finish, which determines which horse finished first based on a photo.

Drift - Moving point spreads from side to side before the start of an event.

Even Money - A bet that has even odds.

Exotic - Any bet that is made aside from a straight bet or a parlay bet.

Exposure - The total amount of money a sportsbook or bookie stands to lose on a given game.

Favorite - The individual or team which is deemed to have the best odds of winning the match as determined by the bookie.

Form - The program used for betting on horses.

Handicapper - A knowledgeable bettor who is not the bookie but knows as much about the bets being wagered on.

Handle - Total amount of money on a single game.

Hook - The half points attached to a spread. Ex. 7.5 would be seven and a hook.

Juice - The bookie's commission for taking on your bet.

Layoff - Money bet by a sportsbook with a separate sportsbook to make back the money it loses with an exposure.

Lines - Odds offered to the bettors.

Long Odds - Lines greater than 10 to one, most commonly seen in horse racing.

Middle - Betting on both sides of a game using different betting lines.

Money Line - The amount of money wagered in order to win back $100.