You can either bet that the team will lose by less than the predicted amount ATSor get better than even-money odds that it will win the game outright.renault teile online INDONESIA GAMBLING ILLEGAL An A-to-Z glossary of betting terms. Ajax, UK Slang term for Betting Tax. . Heinz, A multiple bet consisting of 57 bets (15 doubles, 20 trebles, 15 4-folds. Unfamiliar with common betting terms? The staff of the ESPN Betting section puts together a glossary of terms every bettor should know. Chalk eaters: Bettors who like to bet big favorites (often a derogatory term). (A point underdog that loses has covered, or "covered the spread.").