The PropsBot.AI Sports Betting Glossary covers 80 terms used in sports betting, player prop wagering, and bankroll management. Every entry is written in plain English with worked examples and frequently asked questions. Updated 2026-05-04 to include 40 new entries spanning advanced concepts, NBA/NFL/MLB/NHL stats, and matchup-aware strategy.
Looking for our model performance? See our public Track Record with 218,826 graded props and 31.7% verified ROI on 101,881 MLB props.
Core Betting Concepts
- Parlay
- Moneyline
- Point Spread
- Over/Under
- Hedging
- Teaser
- No-Vig Odds
- Closing Line Value
- Expected Value (+EV)
- Implied Probability
- Kelly Criterion
- Hold Percentage
- Line Shopping
- Sharp Money
- Steam
- Push
- Units
- Vig (Juice)
- Alternate Lines
- Run Line
Advanced Betting Concepts
- Arbitrage Betting
- Middling
- Correlation
- Closing Line
- Fading the Public
- Futures Bet
- Handle
- Prop Bet
- Variance
- Public Betting
- Underdog
- Chalk
- Round Robin
- Game Totals
- Cover the Spread
- Lock
NBA Stats and Props
- Points (NBA)
- Rebounds
- Assists
- Three-Pointers
- Blocks
- Steals
- Minutes
- Turnovers (NBA)
- Double-Double
- Triple-Double
- PRA (Pts+Reb+Ast)
NFL Stats and Props
- Passing Yards
- Rushing Yards
- Receiving Yards
- Receptions
- Anytime TD Scorer
- Interceptions
- Sacks
- Completions
- Longest Reception
- Longest Rush
- Tackles+Assists
- Fantasy Points
MLB Stats and Props
- RBI (Runs Batted In)
- Home Runs
- Total Bases
- Strikeouts
- NRFI
- YRFI
- Hits
- Earned Runs
- Pitcher Outs
- Stolen Bases
- Walks
- Doubles
NHL Stats and Props
- Saves
- Shots on Goal
- Plus/Minus
- Goals (NHL)
- Points (NHL)
- Faceoffs
- Power-Play Points
- Hat Trick
- Penalty Minutes
Total: 80 entries. Verified for accuracy and updated 2026-05-04. Part of PropsBot.AI’s public knowledge base.