DFS – Abbreviation for Daily Fantasy Sports. Daily/weekly redraft leagues and/or contests.
Fade – a strategy that involves intentionally avoiding a player.
Juice – The commission or cut a sportsbook takes from every bet.
Min-Max – A multi-entry strategy where the maximum number of entries is entered by an individual.
Parlay – combining two or more bets, for increased payout odds.
Units – The measurement of a bet in sports betting. Typically equal to 1% of a bankroll.