iGaming Products┃ Sportsbook
In the United States a sportsbook or a race and sports book (sometimes abbreviated as book) is a place where a gambler can wager on various sports competitions, including golf, football, basketball, baseball, ice hockey, soccer, horse racing, greyhound racing, boxing, and mixed martial arts. A sportsbook is the same thing as a “bookmaker” or “bookie.” It’s a company or individual who accepts bets from individual sports bettors.
There are currently 28 names in this directory beginning with the letter T.
Take the Points
When a bettor places a wager on an underdog they are taking the points offered by the sportsbook.
Take the Price
Similar to taking the points. This is when a bettor takes the price on a game offered by the sportsbook. The bet is typically wagering a moneyline on the underdog.
Tattersalls
The committee, composed of representatives of bookmakers’ organisations and the Jockey club, can negotiate in betting disputes and can also bar punters or bookmakers from racecourses.
Tissue
Stems from the circulation of information in paper format. Refers to forecasts of the likely odds when the betting opens, generally made by the larger bookmakers and circulated to all the bookmakers likely to attend the meeting.
Tissue Price
The initial odds offered by a sportsbook. This price is usually considered to be the fairest price on a wager.
Totals
Totals are the numbers that bettors will choose the over or under on points (or runs, goals, etc,) scored.
Tote
A type of pool betting system operated by the tracks to give punters an alternative to betting with bookmakers.
Tote Board
At a race track, a large display with such information as the odds, pools, results, and payoffs for each greyhound race.
Training
The processes involved in getting the greyhound into a condition suitable for racing. Involves diet, trialling, racing and general care of greyhounds.
Treble
A three-leg accumulator. All three selections must be successful to get a return; the winnings from the first selection automatically go on to the second and then on to the third.
Trial
Can be solo, double or in a half-field, where greyhounds go around a racing track similar to race conditions obtaining split and overall time for an indication of performance.
Trial Track
A registered entity with GRV, which operate smaller circular racing tracks, approximately 400 metres, normally used when breaking greyhounds in before heading to the actual racetrack.
Trixie
A multiple bet consisting of 4 bets (3 doubles and 1 treble) involving three selections in different events. A minimum of two selections must be successful to get a return.
True Odds
True odds are the actual odds of an event happening. In sports betting this is the most accurate point spread or moneyline.
The actual odds of a bet winning based on probability. The true odds are usually higher than the payout odds, which is how the casinos gain their edge. For example, in European roulette the payout odds for a bet on a single number are 351. The true odds of winning such a bet are 361.