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Acronyms that contain the term point shaving 

What does point shaving mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: point shaving.

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What does point shaving mean?

Point shaving
In organized sports, point shaving is a type of match fixing where the perpetrators try to change the final score of a game without changing who wins. This is typically done by players colluding with gamblers to prevent a team from covering a published point spread, where gamblers bet on the margin of victory. Unlike other forms of sports betting, spread betting invariably motivates point shaving. A point-shaving scheme generally involves a sports gambler and one or more players of the team favored to win the game. In exchange for a bribe, the player or players agree to ensure that their team will not "cover the point spread" (the bribed player's team may still win but not by as big a margin as that predicted by bookmakers). The gambler then wagers against the bribed team. Alternatively, players on the team picked to lose may be bribed to lose by more points than the indicated point spread, and gamblers will wager on their opponents, the favorites, to cover the spread. Also, an official (referee) of the game may be bribed, or even bet on his own behalf, so that one or more "close calls" will be called in favor of the "underdog" rather than the team favored to win. The practice of shaving points is illegal in some countries, and stiff penalties are imposed for those caught and convicted, including jail time.

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