Sports Betting [2017]

College Football starts tonight, and NFL is right around the corner. I'm starting up a new version of this thread based off of Phaze's 2015 version

Where to bet: bovada.lv

There are others but that's my go to. Nothing but good things to say about the service there.

Terminology:

ATS (Against The Spread) - A method of referring to the result of an event that takes the pointspread into account. Also, the act of taking points rather than betting with the spread, or "laying" points.
Bankroll - Invested money/earnings.
Chalk - The favored team, athlete or horse.
Cover - To beat the pointspread by the required number of points. When you win, you have "covered the spread
Edge - A person's advantage when it comes to sports betting.
Even Money - A wager on which neither side lays any odds or vigorish.
Fade - Betting the opposite of someone's pick
Futures - Bets placed on an event or outcome taking place some time in the future (e.g. betting during the season on the Super Bowl winner).
Handicapper - One who studies and rates sporting events.
Handicapping - The attempt to predict the outcome of sporting events. Usually involves research.
Hedging - Placing wagers on the opposite side in order to cut losses or guarantee a minimum amount of winnings.
Juice - The commission the bookie earns.
Laying the Points - Betting the favorite by giving up points.
Lines - Another word for odds.
No Action - A wager in which no money is lost nor won.
Over/Under - A bet on whether the combined total of the points/goals scored by the two teams will exceed or be less than a specified number.
Parlay - A bet on two or more teams or outcomes where the original stake and winnings are reinvested on the next wager. All selections must be correct for the parlay to win. In the event of a push or a game cancellation, the parlay reverts to the next lower number (e.g. a 4-team parlay becomes a 3-team parlay).
Pointspread - The handicap, or head start, which the favorite gives to the underdog for betting purposes.
Prop (Proposition) Bet - A special wager offered by the sportsbook on unique and various topics. These wagers can be on sporting events, politics, and even trial outcomes. The wagers use the moneyline format of payoff odds and might include who scores the first touchdown in the Super Bowl, who will win the next presidential election, or whether or not someone on trial will be found guilty.
Runline - In baseball, a spread used instead of the moneyline.
Value - Getting the best odds on a wagering proposition; the highest possible edge.
Units - Standard unit of money used on a bet. For example, I'm starting off today with 5 dollar bets. So 1u=5 dollars. 2u=10 dollars, etc.

Bankroll - 100$
1xUnit = 5$ (for now, so this thread doesn't end in one day)

Todays plays:

BAL/NYY Over 8.5 = 1u
STL/CHW Over 7.5 = 1u
BOS/HOU Over 8 = 2u
NYM/WSH Over 7 = 1u

Parlay : 1u
BAL/NYY Over 8.5
BOS/HOU Over 8

Total Cash at stake: 30$


Reminder

***PLAY RESPONSIBLY***