Sports betting

A person who studies statistics, performances and past results for the purposes of betting. The betting line will usually show a favorite and an underdog. With origins in 18th century France, a martingale is a betting system in which the gambler doubles the stake placed on a new bet after each bet that is lost. Football Betting Line

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Also known as a Super Yankee. A term for the favorite i. A bettor that bets primarily on the favorites. Also known as a chalk eater. A game where the bookmaker limits the betting action for some reason.

A format for displaying odds such as 2. A term used for someone who gambles excessively or recklessly. A single bet that contains two selections. Both selections must win for the bet to be successful. Odds that are lengthening i. A bet that is split into two. Half the bet is on the selection to win, half the bet is on the selection to finish in the top few places. A term used for odds that are exactly 1: Often shortened to evens.

A collective term for all the participants in a sporting event. Odds that are agreed at the time of placing a wager, and stay the same regardless of if the odds fluctuate in the future.

This term describes the number of selections in an accumulator or parlay. For example, a fivefold accumulator has five selections. A wager on the 1st and 2nd placed participants in a sporting event, in the correct order. A permutation wager that involves a total of bets on eight selections 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, 8 sevenfolds and 1 eightfold.

A wager on the total number of goals scored in all of the ice hockey matches on a single day. A person who studies statistics, performances and past results for the purposes of betting. To place a bet, or bets, on the opposite side of a previously made bet to either reduce risk or guarantee some profit. A permutation wager that involves a total of 57 bets on six selections 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and 1 sixfold. In a horse racing betting forecast, certain horses are considered such distant outsiders that their odds are not quoted.

The odds beyond which runners are not included are referred to as 'bar', so you might see a forecast that includes ' bar'. Across all sports, a selection that is h3ly fancied to win is often referred to as a 'banker'. A forum through which gamblers can bet directly against each other, rather than a bookmaker. Betting exchanges like the Betfair Betting Exchange allow lay bets to be made, as well as win and place bets, meaning that gamblers can bet on selections to lose.

A bookmaker is the organisation that provides odds on the outcome of events in order to accept bets based on predictions by customers. The point after which odds on a particular market are set is known as the closing line. Before this point, odds may be adjusted according to the number of wagers being received on either side of a market. Two single selections placed as one bet, with the odds being combined to give the bettor potentially higher winnings.

However, both selections in the bet need to come true for a payout to occur. The process of backing a number of contenders for a particular event, in order to ensure the same amount of profit if any of your selections win. An each-way bet is available in events that feature a winner and a number of other competitors finishing in a sequence of places. The bet involves a single selection but is comprised of two bets: The same selection is thereby backed to win the event at set odds, and backed to finish within a range of places at different odds.

The each-way bet will provide a payout if either part of the bet proves successful. D Double Betting Double bet is the simplest of all accumulators as it consists of just two selections, both of which need to be guessed correctly in order to qualify for a return. Offering higher returns than singles and giving better chances of winning than multi-bet accumulators, double bets or simply doubles are used by a huge number… Read More.

By taking a double chance on a team, you win the same amount of money if your team win or if they draw, meaning that only the… Read More. The bet loses if the backed team lose the game in… Read More. This kind of strategy… Read More. E Each Way Bet An "each way bet" is offered by bookmakers and refers to two separate bets on the same stake; a win and a place bet. If the horse places, then the odds will be fractionally… Read More.

There are… Read More. The players only need to win every other bet placed on even odds or higher to… Read More. F Fixed Odds Betting Fixed odds betting is a process of placing bets on pre-determined odds, meaning that you know exactly how much you stand to earn at the time of placing a bet. All you have to do is… Read More. Forecast bets are usually placed as outright bets on the outcome of a football competition, with punters usually predicting the two teams to finish as 1st and 2nd in… Read More.

M Back to Top Martingale The martingale system refers to an investor increasing their stake on a new bet each time they lose. These kinds of bets are basically seen as promotional offers seeing they… Read More. N Back to Top Novelty Betting As the term suggests, novelty betting is not your average type of wagering and it involves betting on events that have almost nothing to do with sports. O Back to Top Off the Board If a game is taken off the board, it is no longer available to bet on even though it had been originally offered.

These kinds of bets are characterized by much higher returns when compared to regular… Read More. This makes betting more fair when particular underdogs are playing… Read More. Q Back to Top Quinella Bet A quinella is commonly used in horseracing and is similar to an exacta or perfecta, in that the punter must select the winning two horses. S Back to Top Scorecast Betting Scorecast bet basically consists of two separate bets, meaning that it can be seen as an accumulator. Scorecast betting is extremely attractive to… Read More.

Because they… Read More. System bets can be played with bankers, in which case all selections marked as bankers need… Read More. T Back to Top Teaser Bets Teaser bets are in some ways similar to parlays considering that all selections need to win in order to qualify for returns, while it is the bookies that determine which matches will be combined to create a teaser bet. The main… Read More. V Back to Top Value Bets Value bets are wagers that are supposed to give you the best chance of gaining profit.

Checking whether a… Read More. Void bet is common in Asian handicap bets, but it can also happen when you are backing a player… Read More. Soccernews Recommends View all 15 bookmakers. Watch TV Watch mobile. Understanding Sports Betting Terminlogy. Why knowing the terms is important. Purpose of Our Betting Glossary Our soccer betting glossary features full explanations of less familiar betting terms, outlining its key features, pros and cons, as well as letting you know in what capacity that particular betting market is commonly used.

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