NinoBets

Reference

Glossary

Plain-language betting and table terms used across NinoBets bays.

American odds

Also called: moneyline odds

A US-style price quote using a plus or minus number. Minus typically marks favorites; plus typically marks underdogs. NinoBets examples are static illustrations only.

Decimal odds

A price format common outside the US where the number is a multiplier for total return (stake included) in simple classroom math.

Fractional odds

A price format written as a/b that expresses profit relative to stake in traditional quotes (for example, 5/2).

Implied probability

The win chance suggested by a price under a simple conversion model (before adjusting for margin). It is not a NinoBets forecast.

Vig

Also called: juice, margin

The bookmaker’s margin embedded in prices. It is why two-sided markets often imply more than 100% combined.

House edge

A long-run statistical advantage for the casino (or game operator) under stated rules. Short sessions can still win or lose due to variance.

Expected value

Also called: EV

A probability-weighted average of possible outcomes. Negative EV means the model’s average result per wager is a loss.

Bankroll

Money specifically set aside for recreational wagering entertainment — never money needed for essentials. Literacy treat it as finite.

Unit

A pre-chosen stake size used to keep risk consistent and to journal results in relative terms.

Stop-loss

A pre-set maximum loss for a session that triggers an exit. It is a boundary, not a recovery strategy.

Stop-win

A pre-set profit level where you also end the session to reduce gift-back and overconfidence spirals.

Chasing

Also called: chasing losses

Increasing risk, time, or recklessness to try to recover losses (or to force a bigger high). A core responsible-play red flag.

Tilt

An emotional state — anger, urgency, numbness, euphoria — that degrades decision quality and limit adherence.

Parlay

Also called: accumulator

A combined ticket that typically requires multiple legs to win. Prices multiply; one loss often ends the payout under common rules.

Same-game parlay

Also called: SGP

A parlay whose legs come from one event. Correlation and specialized pricing make these easy to over-narrate.

Player prop

A proposition market about a specific player’s statistical outcome rather than only which team wins.

Game prop

A proposition market about an event-level outcome such as a total, team total, or other game-defined claim.

Moneyline

A bet on which side wins an event (rules vary by sport for draws/overtime). Often quoted in American odds in the US.

Spread

Also called: point spread

A handicap line that sets a margin a favorite must win by (or an underdog can lose within) for a bet to win under the product’s rules.

Total

Also called: over/under

A market on whether combined scoring finishes over or under a posted number. Grading rules vary by sport and operator.

Push

A tie outcome against the line where the wager is typically refunded under common sportsbook rules (always check the product).

Variance

Natural up-and-down results around an expected average. Streaks are common and do not prove a table is “hot” in a predictive sense.

Martingale

A progression that doubles stakes after losses hoping a win recovers prior losses plus a small profit. Table limits and bankrolls break it.

Gambler’s fallacy

The mistaken belief that past independent results force a rebalancing soon — for example, that a number is “due.”

Comp

Also called: complimentaries

A reward such as free play, food, or rates tied to play or promotions. It may soften cost but rarely erases house edge.

Table minimum

The lowest allowed wager on a table game spot, posted by the house and subject to change by time or pit.

Blackjack

A card game aiming to finish closer to 21 than the dealer without busting. Rule variants change house edge. Educational only here.

Roulette

A wheel-and-layout game with inside and outside bets. American wheels commonly include 0 and 00, which affects edge versus single-zero wheels.

Baccarat

A table game where guests typically bet Player, Banker, or Tie while cards follow fixed drawing rules. Tie bets often carry a high house edge.

Craps

A dice table game with a come-out phase and point phase for many common bets. Different bet types carry different house edges.

Squares

Also called: football squares

A social watch-party grid game where names fill squares and digits map scores to winners by host rules. Not operated by NinoBets.

Process grade

A journal score for whether you followed your plan (limits, clarity, emotional state), separate from whether the wager won.

Responsible play

Also called: responsible gambling

Practices that keep gambling optional and bounded: age gates, budgets, time stops, no chasing, and quitting when fun or control fades.