Krackology and Sports Betting Terms Glossary

Mar 9, 2023 | Krackology

Across the Board

A method of wagering on a horse to win, place and show.

Action

A baseball wager where no pitcher is specified. Also refers to the number of bets being placed on a certain event.

ATS (Against The Spread)

A method of referring to the result of an event that takes the point spread into account. Also, the act of taking points rather than betting with the spread, or “laying” points.

Bacciagaloop

A goof, moron, idiot.

Bad Beat

A right side wager that loses unexpectedly.

Beard

A friend or acquaintance used to place bets, to conceal the true identity of the real bettor.

Book 

An establishment that accepts bets on the outcome of sporting events.

Blood Bucket 

An establishment or sportsbook that is trying to tough it out (a boxer that has lots of heart, even though he knows he is losing while spitting in to a bucket filled with his blood)

Bookmaker/Bookie

A person who takes wagers on sporting events.

Breaking Balls 

Making fun of someone.

Buck

$100 (as in a “buck” bet).

Bust Out Joint 

An establishment, usually a restaurant, that overcharges ridiculous amounts. Also can mean a crooked game.

Buy (Points)

When a player pays an additional price to receive half a point or more in his favor on a point spread game.

Chalk

The favored team, athlete or horse.

Tags

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Author: Bill Krackomberger

Author: Bill Krackomberger

Professional Sports Bettor

I love to help and to teach people what I have learned the last twenty-five years as a consistently winning sports bettor.  I have been a guest on many networks, including ESPN, CNN, Fox Sports, VSIN and radio shows coast to coast as well as am featured in the new Showtime series “Action”. Download my app KrackWins to get my picks in live time. Read more about Bill Krackomberger.

Author: Bill Krackomberger

Professional Sports Bettor

I love to help and to teach people what I have learned the last twenty-five years as a consistently winning sports bettor.  I have been a guest on many networks, including ESPN, CNN, Fox Sports, VSIN and radio shows coast to coast as well as am featured in the new Showtime series “Action”.  Download my app KrackWins to get my picks in live time. Read more about Bill Krackomberger.

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