N

Nuts
The best possible hand given the board.

O

Odds – SB
Ratio of money that might be won or lost versus the amount of money bet.

Off the Board – SB
A game or event where the sportsbook will not accept any action.

Opening Line – SB
The initial point spreads for upcoming games.

Over/Under – SB
Combined total of points scored by both teams.

P

Paint
Jack, Queen, King

Parlay – SB
A type of bet in which the bettor wagers on two or more games. As the number of teams increases your payouts get bigger. To win a parlay wager, all of the bettors chosen teams must win.

Past-Post – SB
To make a bet after an event has started.

Pigeon
An uneducated gambler.

Point Spread – SB
The number of points by which a favorite must win to cover the bet.

Price – SB
Lines or the point spread.

Progressive – C
A connected group of slot machines whose potential jackpot increases with each coin that is played.

Push
A tie, neither side wins the game.

R

Rack – C
A plastic tray that helps you to transport chips or slot machine tokens.

Rake - P
The money the casino charges for each hand of poker.

Run Line – SB
A line used in baseball betting based on runs rather than money lines.