We've got 0 shorthands »

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.

We couldn't find any results for your search.

Couldn't find the right meaning of point shaving?
Maybe you were looking for one of these abbreviations:

POID, POIE, POIG, POIN, POINT, POINTY, POIP, POIS, POISE, POIU

... or use our Power Search technology to look
for more unique definitions from across the web!

Search the web

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.

see more »

Discuss these point shaving abbreviations with the community:

0 Comments

    Know the definition for point shaving? Know the meaning of point shaving? Don't keep it to yourself!

    Citation

    Use the citation options below to add these abbreviations to your bibliography.

    Style:MLAChicagoAPA

    "point shaving." Abbreviations.com. STANDS4 LLC, 2024. Web. 27 Jul 2024. <https://www.abbreviations.com/point%20shaving>.

    Browse Abbreviations.com

    Free, no signup required:

    Add to Chrome

    Get instant explanation for any acronym or abbreviation that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant explanation for any acronym or abbreviation that hits you anywhere on the web!

    Quiz

    The ultimate acronym test

    »
    AFK
    A Away From Keyboard
    B Away From Kenya
    C Always For Keyboard
    D As For Karma