Dime [Meaning] - MasterTerms.com

In sports betting, a “dime” is a common slang term used to describe a wager of one thousand dollars. This term is often used by more experienced bettors or within professional betting circles. When a bettor says they placed “a dime” on a game, it means they bet $1,000 on that event, regardless of the odds or potential payout.

Dime Example

For example, if a bettor places a dime on a football team to win, they are risking $1,000 on that particular team to come out victorious.

Glossary: Dime
A dime refers to a bet of $1,000 in craps.
Glossary: Dime Line
A dime line is a type of betting odds format where the difference between the favorite and the underdog is 10 cents, or -110/+100.

Alternative Meanings:

Dime
In craps, larger bets are often referred to using slang terms, and a dime specifically refers to a bet worth $1,000. This term is most commonly used in high-stakes games, where players may bet significant amounts on a single roll. It helps streamline communication at the table, especially among experienced players.
Dime Example
For example, if a player places a $1,000 bet on the pass line, they might say they’re putting a dime on the line.