With a hedge bet, a player might be holding a ticket at +500 on one side and might decide to buy the other side as well at +200 to assure a profit no matter which side wins.
The term "hook" is referred to as buying a half point, such as if the line is -3.5, a player might pay additional juice to get -3, i.e. therefore buying the "hook".
Here is a Glossary of Gambling Terms commonly used:
Sports Gambling Glossary <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD bgColor=#cc0000 colSpan=2 height=1>
</TD></TR></TBODY></TABLE>[FONT=verdana, geneva, helvetica]<[/FONT][FONT=verdana, geneva, helvetica]Back to Last Page[/FONT][FONT=verdana, geneva, helvetica]>[/FONT]
<!-- BEGIN TERM LIST -->[FONT=verdana, geneva, helvetica]Action
Air Move
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Arbitrage
Bad Beat
Bar
Barroom Bookie
Beard
Bet
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Book
Bookie
Bookmaker
Bonus Hustler or Bonus Whore
Buck
Chalk
Cherry Pick
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Circled
Cover
Credit Betting
Data Mining
Degenerate
Dime
Dime Line
Dog/Fav Money Line Differential
Early Line
Edge
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Exotic
Fade
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Field
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Front Running
Futures
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Group Matchup
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Handle
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Hook
If Bet
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Maverick Line
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Money Line
Neutral Site
Nickel
Odds
Oddsmaker
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Offshore Sportsbook
Online Sportsbook
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Over
Overlay
Over/Under Bet
Parlay
Parlay Card
Past Post
Pick
Point Spread
Post-up Betting
Power Ratings
Press
Price
Proposition Bets or Prop Bets
Public Money
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Push
Revenge Game
Reverse Teaser
Round Robin
Rundown
Run Line
Sharp or Sharpie
Side
Smart Money
Sportsbook
Square
Straight-up
Syndicate
Systems
Teaser
Total
Tout
Trends
Under
Underdog
Upset
Vig or Vigorish
Wager
Wiseguy
[/FONT]<!-- / message -->
The term "hook" is referred to as buying a half point, such as if the line is -3.5, a player might pay additional juice to get -3, i.e. therefore buying the "hook".
Here is a Glossary of Gambling Terms commonly used:
Sports Gambling Glossary <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD bgColor=#cc0000 colSpan=2 height=1>
<!-- BEGIN TERM LIST -->[FONT=verdana, geneva, helvetica]Action
Air Move
Angles
Against the Spread (ATS)
Arbitrage
Bad Beat
Bar
Barroom Bookie
Beard
Bet
Bet Limit
Betting Exchange
Bet to Win
Board
Book
Bookie
Bookmaker
Bonus Hustler or Bonus Whore
Buck
Chalk
Cherry Pick
Churn
Circled
Cover
Credit Betting
Data Mining
Degenerate
Dime
Dime Line
Dog/Fav Money Line Differential
Early Line
Edge
Even Money
Exotic
Fade
Favorite
Field
Flea
Front Running
Futures
Gamble
Group Matchup
Handicap
Handicapper
Handle
Hedge
Hook
If Bet
Juice
Laying
Line
Longshot
Matchup Betting
Maverick Line
Middle
Money Line
Neutral Site
Nickel
Odds
Oddsmaker
Off or Off the Board
Offshore Sportsbook
Online Sportsbook
Opening Line
Over
Overlay
Over/Under Bet
Parlay
Parlay Card
Past Post
Pick
Point Spread
Post-up Betting
Power Ratings
Press
Price
Proposition Bets or Prop Bets
Public Money
Puppy
Push
Revenge Game
Reverse Teaser
Round Robin
Rundown
Run Line
Sharp or Sharpie
Side
Smart Money
Sportsbook
Square
Straight-up
Syndicate
Systems
Teaser
Total
Tout
Trends
Under
Underdog
Upset
Vig or Vigorish
Wager
Wiseguy
[/FONT]<!-- / message -->
