Betting glossary

All the terminology you need to know to bet on sports

Updated: September 5, 2013, 11:34 PM ET
By Jeff Gold and Dave Tuley | ESPN Insider

Action -- Having a wager on a game.

ATS ("Against the Point Spread") -- If a team is 5-2 ATS, it means it has a 5-2 record against the point spread, or more commonly referred to simply as the "spread."

Backdoor cover -- An underdog gets points at the end of the game that doesn't impact the straight-up result, but allows the underdog to cover the spread.

Bad beat -- Losing a bet you should have won. It's especially used when the betting result is decided late ...

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