Betting Terms & What They Mean

Written By: Finn Huxley

Last Updated: Jun 1, 2023

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Welcome to the Bettingapps.org betting terms glossary, an extensive list of over 200 betting terms, definitions and examples. Explore this essential A-Z guide to boost your betting knowledge.

The A-Z Glossary of Online Betting

Whatever term you’re looking for, you can scroll down the page or tap a letter to skip to terms starting with that letter. Happy hunting!

A B C D E F G H I J K L M N O P Q R S S T U V W XYZ

Acca Insurance
A promotion offered by some bookmakers for accumulator bets, wherein your stake is returned if your bet loses by just one selection. This provides a safety net for bettors in case of a narrow miss on a multiple-leg wager.
Accumulator
A single bet with multiple selections is often called a parlay or multiple. All selections must be successful for the bet to pay out, multiplying the odds of each selection to calculate the total payout.
Added Game
A game that is not part of the regular Las Vegas rotation but is offered by a bookmaker upon request from a bettor. These games may have limited betting options or lower betting limits.
AET
An abbreviation for ‘After Extra Time’ in football refers to the additional period of play if a match ends in a tie after regulation time. Bets on AET are typically separate from regular time bets.
Against The Spread (ATS)
Betting on a selection that gives away points or goals in a handicap market and opposing the perceived logic of the spread. ATS bets are successful if the chosen team covers the point spread, regardless of whether they win or lose the game.
Alphabet Bet
A system bet consisting of six selections, including two Patent bets, one Yankee bet, and one six-fold accumulator. The total number of bets in an Alphabet is 26.
Alternate lines
Derivative betting markets that offer variations of standard markets, such as Alternate Handicaps or Alternate Totals. These options feature higher or lower spreads or totals with corresponding changes in odds, allowing bettors more flexibility in their wagering choices.
American Odds
A type of odds expression favoured by American bookmakers, often used for American sports. The odds for the favourite are indicated by a minus (-) sign, while the odds for the underdog are indicated by a plus (+) sign. The minus signifies the amount needed to bet to win $100, while the plus represents the winnings from a $100 bet.
Ante-Post
Bets placed before the official horse and greyhound racing market have opened, typically available at least a day before the event. Ante-post bets carry a higher risk, as they are placed before the final list of participants is confirmed.
Arbitrage
A betting strategy backing all possible outcomes in a market across multiple bookmakers to exploit price discrepancies and guarantee a positive return. This practice comes with significant risk to your bankroll and online betting accounts.
Asian Corners
A variation of the Asian market, similar to the Asian Handicap and Asian Goal Line, focused on predicting the number of corners in a football match. Depending on the final corner count, this market can result in a partial or full stake refund.
Asian Goal Line
A betting market predicting the number of goals scored in a football match, including half and quarter-goal options. This allows for more precise betting and the possibility of partial wins or losses.
Asian Handicap
A popular form of handicap betting that aims to level the playing field in matches featuring teams with differing abilities. Teams are handicapped based on their perceived strength, with point or goal handicaps applied to balance the odds. This market also eliminates the possibility of a draw.

Back
Another way of saying you are placing a bet or wager in favour of a selection to win or a specific outcome to occur.
Banker
A heavy favourite that is considered highly likely to win by a majority of bettors.
Bar Price
The lowest odds for any selection not specifically mentioned in a betting event.
Beard
A term you don’t hear very often, a beard is an individual who places bets on behalf of another person to conceal the bettor’s identity.
Best Odds Guaranteed
A bookmaker’s offer that ensures the bettor receives the highest odds, even if they change after the bet is placed.
Bet (Wager)
A monetary stake placed on a particular outcome or event to make a profit.
Bet Builder (Build A Bet)
A feature allowing bettors to create customized bets by combining multiple selections within a single event.
Bet Calculator
A tool used to estimate potential payouts from a bet based on odds and stake. An example would be the William Hill bet calculator.
Bet Slip (Ticket)
A document or digital record that confirms the details of a bet and the stake placed.
Betting Exchange
A platform enabling bettors to place bets against one another, with the exchange facilitating the transactions and taking a commission.
Betting Limits
The minimum and maximum amounts a bookmaker allows bettors to wager on a specific market or event.
Betting Market
A specific category or type of bet available for a particular event.
Betting Odds
The numerical representation of the likelihood of a specific outcome or selection, used to calculate potential payouts.
Betting Strategy
A systematic approach to betting, aimed at maximizing profits or minimizing losses. See Hedging or Middle as an example.
Binary Betting
A form of fixed-odds betting with only two possible outcomes. Binary Betting will usually be represented as 0 or 100.
Bismarck
A favourite that bookmakers believe is highly likely to lose, and therefore offer attractive odds and offers on.
Board Price
The official odds displayed on a bookmaker’s board, typically found in betting shops or at racetracks. Not online, but a term you might come across anyway!
Bonus
An incentive offered by bookmakers, such as free bets, spins or deposit matches, to encourage bettors to sign up or continue betting.
Bonus Chasing
The practice of registering with multiple bookmakers to take advantage of various bonuses and promotions.
Bookie (Sportsbook, Book, Bookmaker)
One of many terms for an individual or organization that accepts bets on sports events and sets odds for various outcomes.
Booking Points
A football(soccer) betting market where points are assigned for yellow and red cards, with bettors predicting the total points for a match.
Both Teams To Score
A bet that predicts both teams will score at least one goal in a football(soccer) match.
Both Teams To Score & Win
A bet combining both teams scoring at least one goal (like above) and predicting the match winner. The added difficulty of predicting the winner means a higher potential payout.
Bottle
UK slang for odds of 2/1 (or 3.0 in decimal odds).
Buy Points
The practice of adjusting the point spread in a bettor’s favour, at the cost of a more expensive price or reduced payout.

Canadian
A system bet consisting of 26 bets on five selections, including ten doubles, ten trebles, five four-folds, and one five-fold accumulator.
Carpet
UK slang for odds of 3/1 (or 4.0 in decimal odds) in a betting market.
Cash Back Bonus
A promotion offered by bookmakers where a percentage of losses or the entire stake is returned to the bettor as cash.
Cash Bonus
A monetary reward bettors receive from bookmakers, typically for signing up or depositing money.
Cash Out
A feature offered by bookmakers allowing bettors to settle their bets early, either to secure a profit or minimize losses. Cash-out differs across bookies but can usually be utilised before or during events.
Chalk (Favourite)
An American term for favourite, referring to the favourite in a betting market.
Circled Game
A game with reduced betting limits or limited wagering options. Occurs due to uncertain factors such as injuries or weather conditions.
Clean Sheet
A bet predicting that a football(soccer) team will not concede any goals during a match.
Closing Odds (Closing Line)
The final odds offered by bookmakers before a market closes or an event begins.
Corners Match Bet
A betting market where bettors predict which team will have more corner kicks in a football(soccer) match.
Correct Score
A bet predicting the exact final score of a match. Correct score is a market with no margin for error that usually leads to higher payouts to match the difficulty.
Cover
When a team wins or loses by a margin that satisfies the point spread or handicap, resulting in a winning bet.
Cryptocurrency Betting Sites
Online betting platforms that accept digital currencies like Bitcoin for deposits and withdrawals. Crypto betting website offer anonymity and fast transactions, but there are risks and finding a trustworthy operator is important.

Dead Heat Betting
A situation where two or more competitors finish an event in a tie, resulting in payouts being divided among the tied selections.
Decimal Odds
A method of expressing odds as a decimal number, representing the total amount a bettor will receive for each unit staked, including the original stake.
Deposit Methods
Various options for transferring funds into a betting account, such as credit cards, e-wallets, bank transfers, or cryptocurrencies.
Double Bet
A bet consisting of two selections, both of which must be successful for the bet to pay out.
Double Action
A conditional bet, where a subsequent bet is only placed if the previous bet is successful.
Double Chance
A bet that covers two out of three possible outcomes in a match, such as a win or draw for either team. Double chance increases the likelihood of a successful bet for a reduced payout.
Double Result (Half Time Full Time)
Another term for a Half Time/Full Time bet, predicting the outcome of an event at both halftime and full time.
Draw
A bet predicting that a match or event will end with both competitors having equal scores or finishing in a tie.
Draw No Bet
A betting market where the stake is returned if the match ends in a draw, effectively eliminating the draw option and only considering win or loss outcomes.
Drift
When the odds for a selection increase, indicating decreased confidence in its chances of winning.
Dutching
A betting technique that involves staking on multiple selections in the same event, aiming to guarantee a profit or minimize losses. There are different types of Dutch betting, each discussed in detail in our Dutch betting guide.

E-Wallet
A digital wallet service used to store, transfer, and receive funds online. E-wallets are a type of deposit method for online betting accounts, such as PayPal, Skrill, or Neteller.
Each-Way
A bet consisting of two equal parts: one backing a selection to win and the other backing the same selection to place (usually in the top few positions), commonly used in horse racing.
Edge
An advantage a bettor has over the bookmaker or the market. It can also refer to the edge a bookie has with how much the odds favour them.
Elo Ratings
A system that calculates the relative skill levels of players or teams in two-player games or sports. The rating originated as a way to rate chess players but has since been adopted to rate teams in various sports.
Enhanced Odds
A promotional offer by bookmakers where the odds for a specific selection or event are temporarily increased. You see enhanced odds regularly offered to new or existing customers across many bookies.
Esports
Competitive video gaming events. Esports events feature professional players and teams, with betting markets available for various game titles and tournaments. DOTA2, CS:GO, League of Legends and Valorant are some of the biggest Esports with events happening worldwide.
European Handicap
A three-way betting market that uses a point or goal handicap to balance the perceived ability difference between two teams. The European handicap is similar to Asian Handicap but with the possibility of a draw.
Even Money
Odds of 1/1 (or 2.0 in decimal odds), indicating a 50% chance of an outcome occurring and returning an equal amount of winnings to the stake.
Exotic (Special)
A non-traditional betting market focusing on specific events or occurrences within a game, such as the number of yellow cards or the first goal scorer.
Expected Goals
A metric used to estimate the number of goals a team is likely to score based on the quality and quantity of their scoring opportunities.
Expected Value
A calculation representing the potential average return, considering the probability of each outcome and the associated payouts from placing the same bet over and over again.
Exposure
The amount a bookmaker or bettor can lose on a specific market or event. Expose is used to manage risk and limit potential losses.

Favourite (Fav)
The selection with the shortest odds in a betting market. The favourite is seen as most likely to win or achieve whatever outcome has been bet on.
Fees
Charges applied by bookmakers or betting exchanges for services such as withdrawals or account maintenance.
First Corner
A betting market predicting which team will be awarded the first corner kick in a football(soccer) match.
First Goal Scorer
A bet on the player who will score the first goal in a football(soccer) match.
First Half Bet
A bet that focuses solely on the events in the first half of a match, such as the halftime result or the number of yellow cards.
Fixed Odds
Betting odds that are set at the time a bet is placed and remain unchanged, regardless of any subsequent market fluctuations.
Fold
A term used to describe the number of selections in an accumulator bet, such as a four-fold accumulator containing four selections.
Forecast Betting
A bet predicting the exact finishing order of two or more competitors in an event. Forecast betting is seen in horse and greyhound racing.
Form
The recent performance history of a team or competitor, this is used to assess their chances in an upcoming event.
Fractional Odds
A method of expressing odds as a fraction, representing the potential winnings relative to the stake, such as 5/1 (indicating a potential £5 win for each £1 staked).
Free Bet
A promotional offer from bookmakers, providing a bet without requiring the bettor to risk their own money. ‘Free Bet’ offers usually come with specific terms and conditions, which you should know beforehand.
Full-Time Result
A bet predicting the outcome of a match at the end of regular play, typically offering three options: home win, draw, or away win.
Future
A bet placed on the outcome of a distant event, such as the winner of a sports league or tournament, these bets are usually made before a season or competition begins.

GamCare
A UK-based organization providing support, information, and advice for individuals affected by problem gambling, offering helplines, online resources, and counselling services.
Goalscorer
A betting market focused on predicting which player(s) will score a goal during a match, with options like first goalscorer, last goalscorer, or anytime goalscorer.
Goliath
A system bet consisting of 247 bets on eight selections, including 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds, and 1 eight-fold accumulator.

Half Time Full Time
A bet predicting the outcome of a match at both halftime and full time, requiring the bettor to correctly predict the result at both stages for a payout.
Half Time Result
A bet on the outcome of a match at the end of the first half, typically offering three options: home win, draw, or away win.
Half Time Score
A bet predicting the exact score of a match at halftime.
Half With Most Goals
A bet on which half of a match will have the most goals scored, with three options: first half, second half, or a tie.
Half-Ball Handicap
A type of Asian Handicap betting where the handicap is set at a half-goal increment (e.g., +0.5 or -0.5), ensuring there will be a definitive winner without the possibility of a draw.
Handicap
A method of balancing the perceived difference in abilities between competitors by applying a points or goals advantage or disadvantage, aiming to create a more even betting market.
Handle
The total amount of money wagered on a specific market, event, or at a bookie over a specific amount of time.
Hedging
A betting strategy where additional bets are placed on different outcomes to minimize risk and secure a profit or reduce losses, regardless of the final result.
Heinz
A system bet consisting of 57 bets on six selections, including 15 doubles, 20 trebles, 15 four-folds, 6 five-folds, and 1 six-fold accumulator.
Home Advantage
The perceived benefit a team has when playing at their home venue. Some factors are familiarity with the surroundings, fan support, or reduced travel fatigue.

IBAS
The Independent Betting Adjudication Service, a UK-based organization that provides impartial dispute resolution between bettors and licensed gambling operators. IBAS helps to settle disagreements fairly and transparently.
If Bet
A type of wager where the bettor makes multiple selections, with each subsequent bet only being placed if the previous selection is successful, creating a chain of dependent bets.
Implied Probability
The probability of an outcome occurring, as derived from the betting odds, used to help bettors determine the potential value of a bet.
In-Play Betting (Live Betting)
A form of wagering where bets are placed on events that are currently in progress, with odds and markets constantly updated to reflect the changing circumstances of the game.

Joint Favourite (Co-Favourite)
When two or more selections in a betting market share the shortest odds, indicating that they are equally likely to win.
Jolly
A term used in the UK for the favourite in horse racing betting markets.

Kelly Criterion
A betting strategy and formula used to determine the optimal stake size for a bet, based on the perceived value and probability of success, aiming to maximize long-term profit and minimize risk.

Lay
To take the opposing side of a bet, acting as the bookmaker and accepting wagers from other bettors, typically facilitated through a betting exchange.
Lengthen
When the odds for a specific selection increase, indicating a decrease in the perceived chance of it occurring.
Limit
The maximum amount a bookmaker is willing to accept on a particular bet.
Live Betting (In-Play Betting)
See In-play Betting. This is a service provided by most bookies, allowing bettors to place bets on events that are currently in progress.
Live Streaming
A service provided by some bookmakers and betting platforms, allowing bettors to watch live events. Live streaming offered by bookies can require an active account or placing a bet on the event to get access.
Longshot
A selection with relatively high odds, considered unlikely to come in.
Loyalty Program
A promotional scheme offered by some bookmakers, rewarding regular customers with incentives such as free bets, cashback, or enhanced odds based on their betting activity.
Lucky 15
A system bet consisting of 15 bets on four selections, includes 4 singles, 6 doubles, 4 trebles, and 1 four-fold accumulator, requiring at least one successful selection for a return.
Lucky 31
A system bet consisting of 31 bets on five selections, including 5 singles, 10 doubles, 10 trebles, 5 four-folds, and 1 five-fold accumulator.
Lucky 63
A system bet with 63 bets on six selections, consisting of 6 singles, 15 doubles, 20 trebles, 15 four-folds, 6 five-folds, and 1 six-fold accumulator.

Maximum Bet
The largest stake a bookmaker will accept for a specific bet, determined by factors such as betting limits, market liquidity, and the bettor’s betting history.
Middle
A betting strategy where a bettor places wagers on both sides of a point spread or total with the hope of landing in the middle, securing a profit on both bets.
Minimum Bet
The smallest stake a bookmaker will accept for a specific bet, set to ensure that bets placed are of a certain value to the bookmaker.
Mobile App
A software application designed for use on mobile devices, such as smartphones and tablets, providing a user-friendly interface for accessing a bookmaker’s betting platform.
Mobile Betting
The act of placing bets on sporting events and other markets using a mobile device, facilitated by a mobile app or mobile-optimized website.
Mobile Bonus
A promotional offer or incentive a bookmaker provides, specifically for customers using the bookies mobile app or mobile website to place bets.
Money Line
A type of betting market where the bettor picks the winner of an event, seen in American sports, with odds expressed as a positive or negative number.
Monkey
A slang term for £500, used in the UK.
Multi-Goal Betting
A wager predicting a range of possible total goals scored in a match, e.g., 3-5 goals, offering odds based on the perceived likelihood of the selected range occurring.
Multiple
A single bet made up of multiple selections, with the potential payout calculated by multiplying the odds of each selection, requiring all selections to win for the bet to be successful.

Nap
A tipster’s most confident selection for a specific day or event, believed to be the best bet of the day.
National Gambling Support Network
A collective of organisations and support groups dedicated to providing assistance, guidance, and resources for individuals struggling with gambling addiction.
No Action
A bet deemed void by the bookmaker, with the original stake refunded to the bettor, typically due to a cancelled or postponed event, or a non-runner.
No Deposit Free Bet
A promotional offer provided by some bookmakers, allowing new customers to place a bet without making an initial deposit. These offers usually come with specific terms and conditions attached.
Non-Runner
A selection in a betting market, such as a horse in a race, that ultimately does not participate in the event. This leads to the bet being void and the stake being returned to the bettor.
Novelty Bet
A wager placed on an unusual or non-sporting event, think popular events, politics, or entertainment, such as the outcome of a TV show or an election result.

Odds
A numerical representation of the perceived likelihood of an event occurring, used to calculate potential payouts from a bet, with higher odds indicating a less likely outcome and a larger potential payout.
Odds Format
How odds are expressed, such as decimal, fractional, or American odds, varying based on regional preferences and bookmaker conventions.
Odds On Favourite
A selection with odds less than even money, indicating that it is considered more likely than not to win or achieve the desired outcome.
Odds-Against
A selection with odds greater than even money, indicating that it is considered less likely to win or achieve the desired outcome.
Oddsmaker
An individual or team responsible for setting the betting odds and lines for a bookmaker, taking into account factors such as form, statistics, and public opinion.
Off The Board
A term used to describe a bet or event that is no longer available for wagering. This can be due to a significant change in circumstances or market conditions.
On The Nose
A bet placed on a selection to win outright, without any handicap or point spread applied.
Outlay (Stake)
An alternative term for stake, the total amount of money a bettor has staked on a bet.
Outright Betting
A type of wager placed on the overall winner of a competition or event, rather than on individual matches or specific outcomes within the event.
Outsider
A selection with relatively high odds, considered unlikely to win or achieve the desired outcome.
Over/Under
A betting market where the bettor predicts whether the total number of points, goals, or other relevant metrics in an event will be over/under a specified value set by the bookmaker.
Own Goal
In team sports such as football, a situation where a player accidentally scores a goal against their own team, typically counting towards the total goals scored in the match for betting purposes.

Parlay (Multiple, Accumulator)
Another word for Accumulator. A bet consisting of multiple selections in a single wager, where all selections must win for the bet to be successful.
Patent
A type of system bet consisting of seven bets on three selections, including three singles, three doubles, and a treble. It requires at least one selection to win for a return.
Payout
The total amount of money a bettor receives if their bet is successful, including the original stake and any winnings based on the odds and stake placed.
Permutations
The various possible combinations of selections within a bet, considered when placing complex system bets or calculating potential returns.
Place Betting
A type of bet where the bettor predicts that a selection will finish in a specified position or within a predetermined range of positions.
Placepot
A popular horse racing bet where the bettor selects a horse to place in each of the first six races at a specific race meeting. The winnings are determined by the size of the pool and the number of winning selections.
Points Spread
A handicap applied to a selection in a betting market, used a lot in American sports, designed to level the playing field between two unevenly matched teams and create a more balanced betting market.
Pony
The term ‘pony’ is UK slang for a £25 bet.
Pool
A collective betting system where all stakes are combined into a single pot, with winnings distributed among the bettors who have made successful predictions.
Post Time
The scheduled start time of a horse race, used as a reference point for placing bets and closing betting markets.
Price (Odds)
Another term for odds, representing the perceived probability of a selection and used to calculate potential payouts from a bet.
Promo Code
A code provided by a bookmaker, entered during the registration or deposit process, to unlock a specific promotional offer or bonus.
Promotions
Offers, incentives, and bonuses a bookmaker provides to attract new customers or retain existing ones. These can include free bets, enhanced odds, or cashback on losses.
Prop (Special, Novelty Bet)
See special and novelty bets for more.
Punter
A term used to describe a person who places bets, used in the UK and Australia.
Push
A situation where a bet is deemed a tie or draw due to a points spread or handicap being equal to the final score or result. This results in the original stake being returned to the bettor.

Quarter Bet
A type of wager placed on the outcome or score of a specific quarter within a match, used in sports with multiple periods or quarters, such as basketball or American football.

Racing Card
A schedule or list of races taking place at a specific race meeting, including information on the runners, form, and other relevant details for bettors to consider when placing bets.
Rag (Outsider, Longshot)
A slang term used to describe a selection with very high odds, considered unlikely to win or achieve the desired outcome, largely used in horse racing.
Referral Bonus
A promotional offer provided by a bookmaker. Referral bonuses reward existing customers for referring new customers to their platform, usually given as free bets or cash bonuses.
Reload Bonus
A type of bonus offered by bookmakers to encourage existing customers to make additional deposits or continue betting, often taking the form of a percentage match on the deposited amount.
Request A Bet
A feature offered by some bookmakers, Skybet’s RequestABet is a great example. The request a bet feature allows bettors to request odds or create custom bets on specific outcomes or events not already listed in the betting markets.
Return (Payout)
The total amount of money a bettor receives if their bet is successful, including both the original stake and any winnings based on the odds and stake placed.
Round Robin
A type of system bet that involves multiple selections, consisting of all possible combinations of multiples (doubles, trebles, etc.) based on the selections made.
Rule 4
A rule applied in horse racing betting, where the odds of remaining runners are adjusted if a horse is withdrawn from a race after bets have been placed. This is to account for the reduced competition and protect bookmakers from potential losses.
Runner
A term used to describe a participant in a race, often referring to horses in horse racing, but can also apply to athletes or vehicles in other types of racing events.

Scorecast
A type of bet that combines predicting both the first or anytime goalscorer and the correct score of a football match.
Sell Points
The act of giving up points on a points spread or handicap to receive more favorable odds, used in spread betting or sports betting with handicaps.
SP (Starting Price)
The odds for a horse or runner at the time the race begins, used in horse racing betting to determine the payout for bets placed without specifying fixed odds.
Special (Special Bet)
A type of bet focused on a specific aspect of an event or the performance of an individual participant, rather than the overall outcome. A bet often used in sports, entertainment, and novelty betting markets.
Spread
The range between the highest and lowest odds or prices offered on a specific market or event, used in spread betting or to describe the difference between the favourite and underdog in a betting market.
Spread Betting
A form of betting where the bettor predicts whether the outcome of an event will be higher or lower than the spread set by the bookmaker, with the potential payout based on the accuracy of the prediction.
Stake
The amount of money a bettor places on a bet, used to calculate potential payouts based on the odds offered by the bookmaker.
Staking Method
A strategy used by bettors to determine the amount of money to risk on each bet, usually based on factors such as bankroll size, risk tolerance, and expected value.
Steam
A term used to describe a sudden shift in betting odds or lines due to a large volume of bets being placed on a particular outcome.
Straight Bet
A single bet placed on a single outcome or selection, as opposed to an acca, used in sports betting.
Super Heinz
A type of system bet consisting of 120 bets on seven selections, including 21 doubles, 35 trebles, 35 four-folds, 21 five-folds, 7 six-folds, and 1 seven-fold accumulator, requiring at least two selections to win for a return.
System Bets
A type of bet that consists of multiple bets on a series of selections, can include accumulators and is designed to offer greater coverage and increase the chances of a return. There are a number of examples listed in the glossary such as lucky 15, lucky 31, lucky 63, heinz, patent, goliath and many more.

Terms And Conditions
A set of rules and guidelines established by a bookmaker or betting site outlining the terms under which bets are accepted, promotional offers are granted, and users must operate, essential for bettors to understand before placing bets or claiming bonuses.
The Gambler’s Fallacy (Monte Carlo Fallacy)
A common misconception in gambling that suggests that past events, such as a series of losses or wins, can influence the likelihood of future outcomes. This leads bettors to make irrational decisions based on perceived patterns or trends.
Tic-Tac
A traditional form of communication used by bookies at horse racing events, using hand signals to represent betting odds, prices, and other information related to the races.
Timecast Betting
A bet that combines predicting a specific player to score a goal and the time period during which the goal is scored, used a lot in football betting.
Tip
A prediction or suggestion for a potential bet, usually provided by expert analysts, tipsters, or other sources familiar with the event in question.
Tipster
An individual or service that provides betting tips, predictions, or advice to help bettors make informed decisions when placing bets.
To Score In Both Halves
Betting tips for a specific team to score at least one goal in each half of a football match, used in football betting markets that focus on team performance and scoring trends.
To Win Both Halves
A type of bet that requires a team to outscore their opponent in both halves of a football match, resulting in a higher degree of difficulty than a standard match-winner bet.
To Win Either Half
A bet on a team to outscore their opponent in at least one half of a football match, offering a lower degree of difficulty and potentially smaller payouts than a “to win both halves” bet.
To Win From Behind
This bet type requires a team to come back from a losing position during the match and ultimately win the game, used in football betting markets for teams known for strong comebacks.
To Win To Nil
A bet requiring a team to win a match without conceding any goals, used in football betting markets for matches featuring strong defensive teams or heavy favourites.
Totals Bet (Over/Under)
A bet that predicts whether the combined score or other metric from both teams in a game will be over or under a specified number set by the bookmaker.
Treble Bet
A type of accumulator bet that consists of three selections, with all three needing to be successful for the bet to win.
Tricast
A type of bet that requires the bettor to correctly predict the first, second, and third place finishers in a specific event, used mostly in horse and greyhound racing.
Trixie
A type of system bet consisting of four bets on three selections, including three doubles and one treble, at least two of the selections need to be successful for a return.
True Odds
The actual probability of an outcome occurring, used as the difference between the true odds and the odds offered by a bookmaker, highlighting the bookmaker’s margin or edge built into the betting market.

UK Gambling Commission
A public body of the UK Government responsible for regulating gambling activities and issuing licenses to operators in the United Kingdom, ensuring that gambling is conducted fairly, safely, and free from criminal activities.
Underdog
The team or competitor considered less likely to win a match or event, which higher odds can indicate.

Value Bet
A bet where the probability of an outcome occurring is greater than the implied probability suggested by the odds, offering a potential positive return for the bettor.
VAR
An abbreviation for Video Assistant Referee, a technology used in some sports, particularly football(soccer), to review controversial decisions made by the on-field referee during a match.
Virtual Sports
Computer-simulated sporting events where outcomes are determined by algorithms and RNGs (Random Number Generators), offering betting opportunities similar to real-life sports.

Wagering Requirement
A condition applied to bonuses or promotions that require a bettor to bet a specific amount of money before being allowed to withdraw any winnings from the bonus.
Welcome Offer
A promotional incentive, such as a free bet or deposit bonus offered by a bookmaker to attract new customers to their platform.
Wincast Betting
A betting market that requires a bettor to predict both an anytime goalscorer and the winning team in a match.
Winning Margin
A bet placed on the difference in points or goals between the winning team and the losing team at the end of an event.
Withdrawals
The process of taking out money from a betting account that is often subject to specific methods, limits, and processing times set by the bookmaker.

Yankee
A system bet consisting of 11 bets on four selections, which includes six doubles, four trebles, and one fourfold accumulator.

Finn Huxley( Content Development )

Over 10 years of experience in online betting. A keen interest in writing about and using betting apps, as well as a wide range of sports. You can follow me on Twitter and LinkedIn