A-Z Sports Glossary and Terms
Discover the comprehensive betting glossary encompassing the frequently used terms and phrases within the realm of the sports gambling industry. Make sure spelling is correct for better results.
There are currently 8 Terms in this directory beginning with the letter C.
Sports Betting Glossary
From A to Z
CashbackCashback is a very common type of promotion in sports betting. In this type of promo, the bettor places a “risk free” bet. If the total or partial stake is lost it will be returned. The return of the stake is made in the form of a Freebet (not in real money), subject to the terms and conditions of the website.
ChalkA common term for a favorite. A team is considered a “chalk side” if they’re a favorite.
Chalk bettorA player that usually backs the favorites.
Circled gameA game with a betting limit enforced by the bookmaker. This is usually due to unknown variables such as weather conditions, player injuries, etc.
Closing lineThe last betting odds that are posted prior to the start of an event.
Co-favoriteTwo or more teams/athletes with identical odds to win. Co-favorites are usually found in futures bets
CommissionAnother term for the juice or vigorish that a bookmaker takes on a bet or that a betting exchange takes from your winnings.
Cover/Covering the spread A bet where a favorite wins and the score exceeds that of the point spread. For example, if Chicago were a 10-point favorite over Boston, a 25-12 victory would cover the spread, but a 25-17 win would not.
