What Does ‘Chalk’ Mean in Betting?
Chalk is a term used in sports betting to refer to a significant favorite in a given matchup. Typically, the favorite will have higher betting odds and be given the “chalk” designation.
Are all Favorites Considered to be ‘Chalk’?
Not quite. The best way to think of it is that any selection that is ‘chalk’ is undoubtedly a favorite, but not all favorites are chalk. There is no official number, but it’s generally accepted that selections with a 70% (odds of -233 or shorter) are ‘chalk’
What is a Chalk Eater?
This is someone who regularly places wagers on heavy favorites. Obviously, that means the chances of winning are high, but higher stakes are required to make serious money as a result of the low odds.