Betting price, also known as the odds, refers to the likelihood of a particular outcome occurring in a given event. Although the term betting price is commonly used in sports betting, there are various synonyms that can be used interchangeably such as the odds, the line, the point spread, the money line, and the handicap. All these terms describe the same thing, which is the potential payout ratio associated with a possible outcome of a particular event. Betting prices are crucial elements in calculating potential payouts on bets. Understanding the different synonyms for betting price is important for anyone who places bets on sports or any other types of events.