Backdoor Cover - points piled on at the very end of a game that had already been decided, thus changing the winning side of an ATS bet
Lay the points - bet the favourite
Take the points - bet the underdog
Favourite - negative spread
Underdog - positive spread
Vig - same as 'Juice'
Moneyline - wager on the winner, no spread involved
Parlay - multiple teams are bet, For the wager to win or pay out, all must cover/win
Buy points - some sportsbooks will allow customers to alter the set line and then adjust odds
Teaser - betting multiple teams and adjusting the point spread in all the games in the bettor's favor. All games have to be picked correctly to win the wager
Handicap - assigning advantage through scoring compensation or other advantage given to different contestants to equalize the chances of winning
Over/Under - a wager on total points scored in a game
Push - when the point spread hits the exact number in which you bet. It's essentially a tie, and your wager is returned
Props – wager on performances of individual playersthat is not directly connected to the outcome of the game