ACTION POINTS
In an action point wager the customer is going to get paid for every point the chosen team covers the point spread or, is going to be charge for every point the chosen team doesn't cover, plus an additional 10%.
--Note: Action points can only be played on football and basketball for complete games--
The customer chooses the amount for each point.
Also, the customer has to set a point cap. That is, the maximum points the customer is going to get pay or charge for. The point cap goes from 10 to 50 points.

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BUYING POINTS (From 1/2 to 10pts)
The customers can buy points to their advantage only in football and basketball for the complete game whenever doing point spreads. Points can be bought on the side or on the total.
NOTE: In football, when buying of or onto a 3 point spread there is an extra 10% charge on the juice.
"Current line is Raiders -3.5, buying 0.5 point will make the Raiders -3, for that you have to lay -120 plus an extra 10% charge, so picking Raiders -3 buying a 0.5 point it is going to cost $130 to win $100, this is because its the same as a field goal".

FINAL 4
The remaining 4 teams in the NCAA basketball tournament.

HOOK
A half point added to point spreads (football and basketball only).
Also commonly said: "lost by the hook".

HOOPS
Basketball

IF BETS
Is a chain from 2 to 5 straight plays join by a condition.
There are two types: (1) SINGLE ACTION: where the player will have action on the second straight bet if the first play WINS ONLY, and so on in the chain of plays. (2) DOUBLE ACTION where the player will have action on the second play only if the first play WINS, TIES OR THE GAME IS CANCELLED and so on in the chain. Wherever is a lost, the bet stops there.
Amounts? 2nd has to be the same or lower amount than the 1st one.

LAY A PRICE
Bet a favorite, lay the points

LAYING THE POINTS
Betting on the favorite

LINE
The current odds or pointspread on a particular event.

MVP
Most Valuable Player. Leagues give MVP awards to the best regular- season player and to the outstanding player in championship games or series
 NBA
National Basketball Association
NCAA
National Collegiate Athletic Association

OFF THE BOARD
A game on which the bookmaker will not accept action, that is, no bets are being accepted. The event already start

PARLAY
(1) A group from 2 to 8 teams in which the payouts increase as the number of chosen teams increase. In order to win the parlay, all the chosen teams must win. In case of a push, the parlay will revert to the next lower amount of teams, paying the odds corresponding to a parlay of that amount of teams.
(2) A wager on two or more horseraces in which the winnings are carried over to the next race.

PICK/PICK 'EM GAME
Neither team is favorite. Usually in basketball and Football. 0 point spread, Whoever wins the game wins the bet

POINTSPREAD
Only used in football and basketball. Is used to make the game even by adding points to the score of the underdog or subtracting points from the favorite.
The "line"; the handicap, or head start that the favorite gives to the underdog for betting purposes. The favorite must cover the point spread in order to win the game. The underdog on the pointspread gets the same amount of points is his advantage.

SPECIAL TEASERS (Only in Basketball and Football for the whole game)
Type of teaser where the more teams that are chosen, the more points are credited per team. A player can pick from 2 to 4 teams. All teams must cover the teased spreads to win the teaser. When there is a push, the whole wager is considered a push, unless the push is accompanied by a loss in which case the wager is a loss.

SU/STRAIGHT UP
Straight Up, or actual score of the game without counting the spread

TEASERS (Only in Basketball and Football for the whole game)
A group from 2 to 6 teams that adds points to the lines or totals in the most convenient way for the player.
There are two types of teasers: Special Teasers (see special teasers) and Vegas Teasers (see vegas teasers).

TOTALS
Total combined point/runs/goals scored in a game; In baseball, if either of the two listed starting pitchers don't go the bet is automatically cancelled

VEGAS TEASERS (Only in Basketball and Football for the whole game)
This teaser combines the rules of a special teaser and a parlay. It is like a teaser in the sense that it gives points, but regardless of the number of teams chosen, it always gives the same number of points per team.
It's like a parlay in the sense that the more teams that are chosen, the better the payout of the wager.
All teams most cover the teased spread to win the bet. With a push, the teaser will revert to the next lower number of Vegas Teaser.