Edge

Advantage.

Even Money

A bet whose odds are 1/1; a wager in which no vigorish or juice is laid.

Favorite

The entry expected to win an event. The quoted odds reflect the extent to which the choice is favored.

Fifty cents

$50.00

Final Four

Remaining four college teams from a field of 64. They meet to determine the National Champion.

Four majors

Golf's most prestigious events: the Masters, the US Open, PGA in the US and the British Open. This is always a straight bet.

Future

Odds posted in advance on the winners of various major events including the Super Bowl, the World Series, the Stanley Cup, and the NBA Championship. This is always a straight bet.

Grand Slam

The four most important tournaments in tennis: the Australian Open, the French Open, the US Open, and Wimbledon.

Grand Salami

The grand total of goals scored in all the hockey games of the day. It can be wagered to go Over/Under. This is always a straight bet.

Half a dollar

$50.00

Half time bet

See First half wager and Second half wager.

Handicapper

One who studies, rates and wagers on sporting events and/or races.

Handicapping

The attempt to predict the outcome of sporting events.

Hedging

Placing bets on the opposite side in order to cut losses or guarantee a minimum amount of winnings.

Home team

The team playing in its own town.

Hook

A half point added to football and basketball betting lines. Also see "buy."

Hot game

A game which is drawing a lot of action on one side by knowledgeable handicappers.