Breaking Down Sports Betting Acronyms

Home » Recent Posts » Breaking Down Sports Betting Acronyms
Share this on:

Brian Christopher at a sports betting kiosk

The gaming industry is not immune to creating a vast amount of acronyms, and then using them in ways that are off putting to those still learning about it. If you read about sports betting, you may see some of these acronyms, and today we’re here to help you break them down.

Online Sports Betting (OSB)

Let’s start with one that defines the industry itself. Online Sports Betting is what the approved apps in given states ultimately are – instead of going to a physical location, like a casino or racetrack, to place a sports bet, modern options allow you to place them in many states via an app or website.

The industry uses OSB so much as an acronym they often use it without actually spelling it out on first reference. We spent a couple of minutes looking through search results just to find a single defining reference, hence we start here.

Single Game Parlay (SGP)

A parlay is a bet where there’s multiple outcomes incorporated into a single bet – traditionally, all outcomes (known more commonly as legs) need to be accurately predicted for the parlay bet to be declared a winner.


A Single Game Parlay also has multiple legs, but all of the legs come from a single game. For instance, in football it may be which team wins, a specific player scores a touchdown and a certain team is ahead at the end of the first quarter. For that bet to be a winner, all three of those legs have to be correct.

Both Teams to Score (BTTS)

This is a common bet on games where low scores are frequent, like soccer. With the bet, you’re effectively betting on whether both teams will score at some point during the match. If you bet yes, both teams will need to score at least one goal for you to win. If no, one team needs to end the match with no score.

Against the Spread (ATS)

For Spreads bets the oddsmakers establish a spread at wish they believe the favorite will win. Betting against the spread (which is the term when you make a wager on the established spread) means favorites (when betting on them) must win by greater than the spread established, or underdogs (when betting thenm) lose by less than the spread indicates, or wins the match.

Oddsmakers set the spread to get a balance between the two side of the wager, so they’ll land at a number where it’s expected that roughly half of the wagers on the spreads will fall on each side of the spread line.

Got a sports betting acronym or term you’d like to see clarified? Share in the comments!


Share this on:

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Play Online Casinos

Sign Up with BetMGM Casino and get a Deposit Match up to $1,000, plus $25 in Site Credits on the house! Available in MI, NJ, PA & WV. US promotional offers not valid in Ontario.

Use code SWITCH2500 for a 100% deposit match up to $2,500, and 2,500 Reward Credits, with $25+ in wagers placed (MI, NJ, PA & WV).

New sign-ups with DraftKings Casino in MI, NJ, PA & WV will receive $35 Casino Credits, plus Play $1 & Get $100 Back in Casino Credits Instantly!

Sign Up and deposit $10+ at FanDuel to get a Welcome Offer of a $20 Bonus + Up to $1,000 Play it Again based on your net losses in the first 24 hours in MI, NJ, PA & WV!

Play Social Casinos

Ready to give Show Me Vegas Slots a try? Get 10 million coins to play Show Me Vegas Slots with promo code SWITCH!

New players get 100 million coins for signing up! All players will receive 5 million coins free (one time only).

Sign Up and get a Welcome Bonus of 2,000,000 FREE Gold Coins & 2 FREE Sweeps Coins. Get started today!

Sign Up for LuckyLand Slots and get a Welcome Bonus of 7,777 FREE Gold Coins & 10 FREE Sweeps Coins!

Online Game Spotlight
Fu Nan Fu Nu Slot Machine

Stacked Symbols & a Free Spins Bonus Choice Await You

Prosperity Link Wan Shi Ru Yi Slot

Wild Multipliers Spice Up the Free Spins Bonus

Queenie Slot Machine

The Wheel is Your Ticket to Big Wins and Bonuses

Play Online Sportsbooks

Sign Up to get a Bet $5, Get $200 in Bonus Bets if Your Bet Wins PLUS a Daily Boost or Bonus All Summer!

Use code SWITCH1000 to get your first bet back in Bonus Bets, up to $1,000, if you lose.

​SIGN UP to get up to $1500 in Bonus Bets* Back if Your First Bet Doesn't Win!

New Players get $50 Bonus Bet with $5 deposit! New players outside MA also get 20% Match up to $1,000 (25x PTR). Additional Bonus Bet offers vary by state - read the review for details!

Social Game Spotlight
Huff N’ Even More Puff

Double Wheel, Double Reels, Double the Fun

Wu Da Jiang

It's All About Multipliers and Progressives

Slingo Super Spin

Hunting for a Full House for the Win