 This is 15 common sports betting terms explained In most contests there is a favorite and an underdog The favorite is the side favorite to win the contest by the odds makers The underdog is the side the odds makers have deemed more likely to not win the contest aka more likely to lose Money line a bet placed on the winner of the contest a winning bet on the favorite for the contest will pay out Less while the winning bet on the underdog will pay out more Spread a bet against the margin of victory a spread bet can be placed on the favorite to win by X amount of points or The underdog to stay within X points or win outright in instances where neither team is favored It's called a pick up Cover if you cover your spread bet you've won to cover your spread bet on the favorite Your team must win by more than the spread For example, if you bet a nine-point favorite and they win by 10 you have covered the spread to cover your spread bet on the underdog Your team must win outright or buy less than the spread Push if a game falls exactly on the spread there is no winner and betters get their money back Total the over-underline set for the total number of points scored in a contest You can bet on the total points going over or under that total Closing line the final betting odds before the start of competition Handle the amount of money a bookmaker takes in bets on a certain contest Even money odds that would win the exact amount of the bet placed at plus 100 odds Odds boost a special market offered by the sports book at a boosted price Parlay and same-game parlay a parlay is when you combine two or more bets into one single wager for longer odds and higher Payouts same game parlays are unique to Fandle where you can combine multiple bets from one contest Into a single parlay to go for an even bigger win Prop bet which is short for proposition bet is a bet that is not tied to the final score or outcome of a game a Popular example of a prop bet is a player prop where you can bet on the performance of an individual player in the contest Teaser a bet on two or more spreader total wagers together like a parlay But with an adjustment to the number of points at a reduced return if it wins Bad beat when a team is about to cover But the bet becomes a losing bet at the very end of the match one common type of bad beat You'll hear about is a backdoor cover where one team scores late to cover the spread and there you have it 15 Common sports betting terms explained Jim Son is here saying thanks for watching Make sure you click that subscribe button for more great Fandle content also check out our latest uploads and playlists already on your screen