The phrase "home team" refers to the sports team that is playing in their own stadium or venue, where they usually have more support from their fans. Full definition
Think there's an edge for home teams coming off a loss in cold weather? (betlabssports.com)
Comparing these two tables, it becomes quickly apparent that public bettors are far more likely to back visitors in heavily bet games whereas they overwhelmingly take home teams in games with minimal action. (sportsinsights.com)
As you can see, not only has it been lucrative to bet on home teams this season, but it has been historically profitable as well. (sportsinsights.com)