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Maiden
Horse which has not won a race
  
Man-to-Man Betting
Gambling without either party taking a commission for the bet made.
  
Mare
Female horse five years and over
  
Margin
The amount a competitor in an event finishes in front of another competitor.
  
Margin Call
A call made by a bookmaker to the punter for cash to cover some or all of the punter's exposure to loss.
  
Marker
An IOU.
  
Market
The list of all horses engaged in a race and their respective odds.
  
Matador
A cover that occurs in the waning moments of a game (also referred to as a back door cover)
  
Match Bet
A bet between two horses or people, not necessarily in competition with each other. e.g. two golfers who will be trying to win their tournament, not beat each other or be aware that the bet exists
  
Mcc
Marylebone Cricket Club.
  
Micc
Member of International Cricket Council.
  
Middle
Betting both sides of a game at different prices with the hope of winning both wagers (An example: if a bettor played Maryland (minus-4) and Duke (plus-6), and Maryland won, 100-95, he would win both bets -- or "catch a middle")
  
Middle's
To win both sides of a game. For example, if you bet the underdog +3 1/2 and the favorite -2 1/2 and the favorite wins by 3, you've middled the book. The book has been middled.
  
Middles
To win both sides of the same betting proposition; betting the favorite team at -1.5 with one bookmaker and then taking +3.5 with another bookmaker; the game ends up with the favorite winning by exactly 3 points, you have then "middled the game"; a favorite betting method of "Wise Guys".
  
Middling
Betting on both teams in a game at different point spreads, in the hope that the final score comes in between so that both bets can be won. For example, if you bet the underdog +3 1/2 and the favorite -2 1/2 and the favorite wins by 3, you've middled the book. The book has been middled.
  
Minus Pool
In pari-mutuel wagering, when after the take is extracted, there is not enough money left to pay winning patrons the minimum bet. The track must then make up the difference.
  
Miptc
Men's International Professional Tennis Council.
  
Mistc
Men's International Squash Tournament Council.
  
Mlb
Major Baseball League (divided into two leagues: the National and the American)
  
Money Line
A moneyline is offered when no handicap is given, such as a pointspread or runline, and the odds are not therefore fixed. Payouts are then based on true odds rather than fixed odds. The favorite and underdog are given odds to win a game or fight. The minus sign (e.g.-130) always indicates the favorite and the amount you must bet to win $100. The plus sign (e.g.+110) always indicates the underdog and the amount you win for every $100 bet. Therefore based on the above moneyline, you bet $130 to win $100 on the favorite. For the underdog, you win $110 for every $100 bet.
  
Money Line Bet
The difference between a point spread bet and a money line bet is that there are no points involved. Instead, money odds are wagered on the favorite or underdog. There is a different money line total for either side on a money line bet, a negative side (the favorite) and a positive side (the underdog): Dallas -170 Washington +150 What this means is that Dallas is the favorite and for every $17 you bet on Dallas, you win $10 if they win. For every $10 you bet on Washington, the underdog, you win $15 if they win. By offering different odds for each team the sport book is able to balance action on both teams.
  
Money Lists
In Golf, the list of the amount of official money won by each golfer on their respective tours.
  
Money Lline
A moneyline is offered when no handicap is given, such as a pointspread or runline, and the odds are not therefore fixed. Payouts are then based on true odds rather than fixed odds. The favorite and underdog are given odds to win a game or fight. The minus sign (e.g.-130) always indicates the favorite and the amount you must bet to win $100. The plus sign (e.g.+110) always indicates the underdog and the amount you win for every $100 bet. Therefore based on the above moneyline, you bet $130 to win $100 on the favorite. For the underdog, you win $110 for every $100 bet.
  
Moneyline
[1] Odds expressed in terms of money.

[2] The amount you have to bet to win 100.

[3] The amount you win if you bet 100.
  
Monkey
Chinese term used in casinos for a card valued at ten.
  
Move the Line
A player pays an additional price to receive half a point or more in his favor on a point spread game. See "buy."
  
Moving the Line
Making alterations in the line based on the volume of betting or other factors, such as injuries.
  
Multicast
A speciality wager combining Straight Forecasts in Doubles, Trebles, etc.
  
Multiples
This involves picking the winners of more than one event. A single wager amount is placed on more than one outcome, whereby the stake and winnings of the first selection will be rolled over onto the second selection and so on.
  
Multiplied Odds
A term usually applying to Ante-Post doubles where the odds are multiplied, e.g., 10/1 and 10/1 equals odds of 100 to 1.
  
Mush
A bettor who is bad luck
  
Mutuel
Price paid on a winning pari-mutuel wager.
  
Mvp
Most Valuable Player. Leagues give MVP Awards to the best regular-season and to the outstanding player in championship games or series.
  
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