Sports Betting Vocabulary

noun a wager or gamble

verb to risk something on the outcome of an event or a contest

• I am willing to place a bet on the outcome of the stock market.
• I bet you can't finish that pizza in under 10 minutes!
• I'm gonna bet on the Lakers winning the championship this year.
• She's willing to bet her reputation on the success of this project.

noun a person who bets, especially on horse races or other sporting events

• The bettor carefully studied the odds before placing a wager on the horse race.
• The bettor was feeling lucky and decided to put some money on the game.
• The bettor was feeling like a high roller and went all in on the poker hand.
• As a bettor in the game of life, he took risks and made bold decisions to achieve success.

noun A person or company that takes bets on sporting events and sets the odds for those bets

• The bookmaker set the odds for the upcoming horse race.
• I heard the bookmaker is taking bets on the football game this weekend.
• The bookmaker is the go-to guy for placing bets on the fights.
• In a way, the author acts as the bookmaker of their own stories, determining the outcomes for their characters.

noun an activity in which people bet money on the outcome of a game or event, typically involving chance

• Many people view gambling as a form of entertainment that should be regulated.
• I heard John lost a lot of money gambling at the casino last night.
• I'm feeling lucky, let's hit up the slots and do some gambling.
• Life is like a game of gambling, you never know what cards you'll be dealt.

noun the difference in score between opposing teams or players in a game or competition

• The odds of winning the lottery are very slim.
• I like our odds of winning the game tonight.
• I'm gonna beat the odds and come out on top.
• Despite the odds stacked against her, she never gave up.

noun a small probability or possibility of success

adjective relating to a slim or unlikely chance

• There is only an outside chance that the new policy will be implemented by next year.
• I have an outside chance of winning the lottery, but I'm not counting on it.
• I have a snowball's chance in hell of passing this exam.
• She knew there was only an outside chance of him changing his mind, but she still hoped for the best.

adjective likely to happen or be true; plausible

• Based on the evidence provided, it is probable that the company will meet its quarterly targets.
• It's probably going to rain later, so you might want to bring an umbrella.
• There's a high chance that we'll get caught if we sneak out, so it's probably not a good idea.
• In the game of chess, it is probable that sacrificing a pawn early on will lead to a strategic advantage later.

noun a group of individuals or organizations combined to promote a common interest

verb to combine or form a syndicate

• The syndicate was involved in various illegal activities across multiple countries.
• I heard that the syndicate is planning a big heist next week.
• The syndicate is always up to no good, causing trouble everywhere.
• The syndicate of powerful corporations controls the industry with their influence.

noun a person who gives tips or advice, especially in a particular area of expertise

• The tipster provided valuable information to the police about the suspect.
• I heard from a reliable tipster that the new restaurant in town is really good.
• The tipster spilled the tea about the celebrity scandal.
• She's like a tipster when it comes to predicting trends in the stock market.

noun a sum of money or something else of value that is staked on the outcome of a contest or event

verb to risk something on the outcome of a contest or event

• He placed a sizable wager on the outcome of the horse race.
• I bet you $20 that I can finish this puzzle before you.
• I'm gonna put some money down on the game tonight, wanna join?
• She decided to wager her reputation on the success of the project.