Getting into betting is easy, if you place a bet on line. But if you’re around other betters and want to sound like you know what you are doing, or at least understand what everyone else is talking about you can learn the terms that are mostly used in the betting world. If you want to try and remember a lot of them, it might be easier to print out a list and keep the list on hand in case someone mentions a term that you haven’t heard before.

Most terms are easy to figure out, from Action: a wager of some kind, a bet. Bookie: a person who accepts sports bets. There are also different terms for money that is placed down. Dollar for the betting world is $100, a Dime is $1000 and a Nickel is a $500 bet. More simple ones are Ticket: which is you’re bet. Tout: a person who will sell their knowledge on sport betting.

If more terms are what you are looking for, maybe it’s the term Even Money: a bet whose odds are 1/1. Handicapper: a person who studies the rates of a team then bets. Holding your own: you are neither winning nor losing, you are breaking even. Juice: bookmarker’s commission. This is also known as the “vig” or vigorish.

Some meanings might change from place to place. But most are the same and you should be able to show that you know what you’re doing and you should gain respect from you’re fellow bettors this way.

If you’re just starting betting on horses some quick terms you need to know are easy. Filly is a female horse under the age four; a Mare is over the age for four. Colt is a male horse under the age of four. Another term is Furlong, it’s a unit of distance used in horse racing.

There are many terms for sport betting, some that you might not need to use while you’re betting, but looking them up will give you more knowledge on betting and your betting friends are trying to tell you something in their lingo. The sport betting terms mentioned above are just a few of what are out there. Pick and use the ones that work for you!