betting terms on football

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Betting terms on football

Dead Heat — Another way to say that there is a tie in a finishing position. Sportsbooks have different rules on how to pay in the event of a tie or dead heat in an event. Decimal Odds — This is a different way to present odds than Americans are used to. The math is easier to figure out for most bettors than US moneyline odds. Decimal odds are derived from a simple calculation of the amount bet x odds. For example, Vegas Golden Knights vs. The difference of 10 dime line is the traditional profit margin for sportsbooks.

Double Chance — This is a European sports betting term mostly used for soccer betting. A double chance wager allows the bettor two opportunities to win a bet. For example, a result in soccer can be a win, loss, or tie. A double chance bettor may combine two of the three results instead of just one. This gives the bettor twice the chance to win the wager.

Double Pop — A European way of saying that a bettor will bet twice the normal amount. In the US this is known more often as doubling up. Early Cash Out — A way for bettors to settle a wager for a certain dollar amount before the event is over.

This is a way to lock in a profit at a smaller value than the wager would ultimately pay. Even Money — A wager that pays the same as was risked. Exacta — Choosing horses to finish first and second in a race. This is sometimes, but rarely, offered for other competitive sports. Exotic Wager — These are non-traditional sports bets. This kind of wager is often listed as a prop bet in a sportsbook. Expected Value — This is a calculation used by a bettor to determine whether a wager should win or lose over time.

Positive expected value EV bets over time is a good way to become a winning sports bettor. Exposure — The amount of money a sportsbook potentially could lose for a specific event. For example, sportsbooks might have a lot of exposure money at risk on one team winning a championship versus another. First Half — A derivative bet that can be placed on a sport that has two halves. Football and basketball are the most popular sports to place a first half wager.

Fixed Odds — These are the odds that most sports bettors will experience. Horse bettors might experience a change in odds from parimutuel betting. Flat Betting — Simply put, this is a betting system where all wagers are the same. The wager is usually a percentage of bankroll but could also be a fixed dollar amount. Fractional Odds — Another kind of odds used mainly in Britain and Ireland. Some sportsbooks may offer derivative versions for home, away, or periods of games during the day.

Some sportsbooks may offer a similar bet for runs in Major League Baseball. Handicapper — A person who analyzes sports events to predict the winning team or player. Handle — The amount of money a sportsbook or sportsbooks take from wagers. This could be broken down by sport, region, casinos, and more. Hedge — Hedging is a strategy used by sports bettors to either reduce the risk of or to guarantee a profit from a wager.

Home Field — This the field court, rink, etc. Hook — Another way to say half of a point. For example, a team may be a 3. Joint Favorite — When there are two favorites for an event. This is mostly used in England. Kelly Criterion — A popular bankroll management strategy for a bettor who seeks to limit losses while maximizing the amount won. Layoff — When a bookmaker reduces the risk of losing wagers by placing a bet with a different sportsbook s.

This typically happens when there is lopsided wagering on one side of a game and the sportsbook or a bookie want to alleviate potential losses. Listed Pitcher — This is a baseball bet that is active only if the pitcher listed as the starter throws the first pitch of a game. This is also known as In Play wagering. Lock — Another way of saying that a team or player will be an easy winner.

Margin — This is a wager where a bettor selects a team to win or lose by a specific number of points regardless of the point spread. The Raiders must win by 11, 12, or 13 points for a win. A victory by 10 or 14 points is a push. Martingale System — A gambling system where bettors doubles the amount of a wager after losses.

This system can be used for sports and other forms of gambling i. This gives a bettor multiple chances to win wagers on the same game. Matched Bet — When a bettor uses free wagers from a sportsbook operator to increase potential profit. This is a popular technique employed in new legal US sports betting markets as promotional offers are available. Novelty Bet — Placing a wager on a non-sports event with a sportsbook. For example, placing a wager on the Oscars in New Jersey. These kinds of wagers are more popular overseas.

Odds-on Favorite — When a team or person is heavily favored to win a game or event. They often have very low odds paying much less than the amount wagered. Off the Board — When a sportsbook stops taking wagers on an event or participant they remove the game odds from the betting board. This often happens when a player is uncertain to participate because of an injury. Public Betting Percentage — This is the percentage of wagers placed by the general betting public.

Puck Line — This is a point spread of sorts based on goals scored during a hockey game. The base puck line for a game is often plus or minus 1. Sportsbooks might offer an alternative puck line with more or fewer goals scored. Push — When a point spread wager lands exactly on the line offered by the sportsbook. The bettor receives their money back if they push.

If they win by exactly 14 points, the wager pushes and the bettor gets their original wager back. Player Props — A player prop bet is a wager on an individual player to do something during a game. It is prevalent, and many bookmakers offer new customers promotions if they place a qualifying wager on even odds.

In the Full-Time Result betting market, the home team would win, the away team would win, or the game would end in a draw. In this type of bet, overtime and penalties don't count. Only the score after the second half ends is taken into consideration.

To win your wager, both of the outcomes need to be correct. In this form of betting, you predict the team or player's general performance rather than the game's outcome. It will typically ask you to predict whether a player will have a better game in terms of goals, assists or saves than another player. This type of betting is also called "Futures" on some bookmaker platforms.

You wager on the outcome of the tournament or competition rather than the result of a single match. These bets usually settle slower because you have to wait until the end of the game. You bet on whether the game will result in over or under the amount shown on the bet. In this betting instead of wagering on which team would win a match, you wager on if a specific team would progress further.

A Scorecast wager is a type of combination bet where you place a wager on a first, last or anytime goalscorer and you have to predict the correct score of the match. Both events need to happen to win your bet. A single bet is the most common and straightforward type of wager. You only have to predict a single event correctly, so winning is higher than if you placed an ACCA. Spread betting refers to when you place a wager on a specific spread laid down by the bookie, which means that you place the bet more on the accuracy of the prediction rather than the actual outcome of the game.

For example, whether a team would win or lose by a specific amount of points. Three-Way handicap is also called a European Handicap. In this type of bet, one team has a handicap, and you place your wager depending on that handicap. You can either bet for the team to win, lose, or draw. Teasers are similar to Accumulators Parlays. In them, you combine the events in two different matches, and you can adjust the point spreads, but all of your selections need to win so you can win the whole wager at the end.

There are many reasons why Void bets exist. For example, if the match is canceled due to weather or any other purpose, your bets are void, meaning that your stake would be returned to you, and it would be like you never place the wager in the first place. Void bets also occur when there are mistakes regarding the odds if the fault is with the bookie.

The Wincast betting type is similar to Scorecast betting. The only difference is that after you pick a last, first, or anytime goalscorer, you have to predict the final result of the game instead of the correct score. EPL Tickets. Bradford Park Avenue.

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Sports betting lingo can be confusing, especially those new to the industry.

Betting terms on football Depending on how badly the odds betting terms on football think the favorite will beat the underdog the team favored to losethe amount of money wagered and the payouts vary. Betting terms on football difference of 10 dime line is the traditional profit margin for sportsbooks. Steam : Odds that change quickly usually due to a large amount of betting action by sharp bettors or syndicates. All you have to do is…. Accumulator — This is similar to a parlay in that it involves a series of bets in one wager. Evens bet is a bet placed at odds of 2.
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Betting terms on football Mr Green is a new addition gold betting football betting terms on football list of betting terms on football sports betting websites, but they are fully deserving of their place. Circle Game — A game is circled by a sportsbook because betting limits are lower than usual. The term is most commonly associated with people who submit picks for non-Las Vegas residents that are involved in season-long sports pools like the Westgate Las Vegas SuperContest. It is for that reason that we have decided to create a unique betting glossary, where you can find these and many other football betting terms explained in plain English. You read the score as Giants 17, Redskins

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These kinds of bets are basically seen as promotional offers seeing they…. 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. Almost all online bookmakers now offer a wide selection of novelty bets, and contrary to the general opinion, these have generated some impressive payouts in the past.

If a game is taken off the board, it is no longer available to bet on even though it had been originally offered. Outright bet is a bet placed on the outcome of an entire league or competition rather than on an individual game. Outright bets are usually placed before the season starts but are also available even during the course of the competition.

These kinds of bets are characterized by much higher returns when compared to regular…. A point spread can be considered a handicap of sorts and refers to providing a team with a point spread. For instance instead of just betting on a team to win, the favorite might have to win by a set number of points point spread.

This makes betting more fair when particular underdogs are playing…. 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. The difference is that the winning two horses can be in any order. Scorecast bet basically consists of two separate bets, meaning that it can be seen as an accumulator.

You need to correctly predict the player to score the first goal in a match as well as the correct result of the same match in order to win a scorecast bet. Scorecast betting is extremely attractive to…. Single bet is a bet placed on just one selection or market, allowing you to earn some profit by guessing just one match correctly.

When placing single bets, your return will not depend on the outcome of several matches, so you can cash in as soon as you have guessed one selection correctly. Because they…. The starting price is commonly used in horse and greyhound racing, and refers to the odds, or starting price, of the horse or greyhound at the start of the race. System bet is in many ways similar to accumulator bet as it is placed on a number of selections, but with the big difference being that not all selections need to be guessed correctly to qualify for a return.

System bets can be played with bankers, in which case all selections marked as bankers need…. 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 bookmaker also specified how many points you will get to create a teaser. The main…. Parimutuel betting is a system in which all bets of a particular type are put together in a pool. A tricast is commonly used in horse and greyhound racing and refers to a punter selecting three horses or greyhounds to win 1st, 2nd and 3rd place. Value bets are wagers that are supposed to give you the best chance of gaining profit. Rather than just backing the favourites, many punters try to find a match where they believe the bookmaker has made a mistake when quoting the odds and wagers on such matches are regarded as value bets.

Checking whether a…. Void bet is common in Asian handicap bets, but it can also happen when you are backing a player…. More conventional punters are not prepared to take any risks and they usually stick to already well known markets, but there is now a huge number of bettors who are eager to try out the new betting options and see if these can be used to make steady profit. With new betting terms coming out of the online betting cuisine almost every day, even the most experienced punters have problems understanding the latest terminology, so you can only imagine how a player new to the online betting world feels when he first comes across such words as outright bet, system bets or forecast.

Understanding the current situation in the online betting market, our betting experts have given their best to find all the football betting terms that could create some confusion among the football punters to create a unique betting glossary football. 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.

While often mentioning terms that you will find in our betting glossary, online bookmakers rarely provide explanations for the terms, leaving the players to scour the web looking for exact definitions. Instead of spending your precious time searching for the meaning of certain betting terms, you can simply visit our comprehensive soccer betting glossary and find out everything there is to know about the new market or type of betting you have encountered on.

The glossary will be regularly updated, as we will make sure to add all the latest betting terminology so that you are always up to date with the latest developments from the online gambling industry. The main idea behind this glossary is to provide you with simple explanations for less familiar terms you are likely to come across on numerous occasions during your betting campaign, and offer you typical examples designed to help you understand how each and every betting market is calculated and when you can expect the returns.

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Bet 10 Get 40 up to Bet 10 Get Recommended Games More Games. Betting Glossary Share the Love! Share Tweet Gmail Add. Get familiar with common terms used in betting. Browse By Alphabet: Click a letter below to jump to that section of the glossary. Read More. Since it is well known that bookmakers each have unique odds, it is possible to bet on one competitor at bookmaker A and bet on the second competitor at bookmaker B or… Read More. B Banker Bets Banker bets are bets placed on hot favourites and are, therefore, expected to bring certain profit.

C Closing Line Otherwise known as the final line, the closing line refers to the betting line before a bookmaker sets the odds for an event. 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.

Some… Read More. 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. The… Read More. 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.

Drift When the odds on a competitor "lengthen", they are said to have "drifted" or be "on the drift". Edge The advantage you have. Each Way A bet consisting of two wagers. The first is for the selection to win and the second is for the selection to place eg come in top 5. Evens Odds of 1 to 1 also known as "scotch" or "levels".

Even Money A wager which doubles your stake. Exotic Wager Any wager which is not a straight bet, eg round robin, parlay, teaser. Fin 50 dollars. Fold A fold indicates the number of selections in an accumulator e. Form Past performances used to give an indication of the team's chances. Form Player A punter who makes selections from past performance often via a computer based system.

Futures Odds offered on winners of sporting events in advance of the event itself see Ante Post. Goliath A multiple consisting of bets 28 doubles, 56 trebles, 70 4-folds, 56 5-folds, 28 6-folds, 8 7-folds and 1 8-fold involving 8 selections in different events. Handicap A method used by bookmakers to make a one-sided event become a more attractive betting proposition. Teams are awarded a number of points based on their calibre also known as the "pointspread" or "line".

Hang Cheng Asian Handicap Form of soccer betting esp. More on Handicap bets. Heinz A multiple bet consisting of 57 bets 15 doubles, 20 trebles, 15 4-folds, 6 5-folds and 1 6-fold involving 6 teams in different matches. Juice The commission paid to the bookmaker also known as overround. More on vig, Juice, bookie margin. Odds The bookmaker's view of the chance of a team winning or event happening adjusted to include a profit.

Odds-on Where the odds are shorter than evens eg "4 to 6". If the selection wins, the amount won is less than the amount staked don't forget, you get your stake back as well! Outsider Long shot also known as "The Rag". Overround Profit margin in the bookmaker's favour. More on Overround. Parlay Term for an accumulator bet in US.

Also, a wager on two or more teams in which both must win or "cover" for the bet to be lucrative. Patent A multiple bet consisting of 7 bets involving 3 selections in different events. A single on each selection, plus 3 doubles and 1 treble. Permutations It is possible to "perm" bets or selections e. Picks Also known as "tips", picks are the recommended bets from an "expert". Pointspread The start that the favourite gives the underdog.

Also known as the "line" or "handicap". Teaser A pointspread based bet where the punter can move the line in his favour in return for reduced odds. Tips The selections recommended by an expert to bet on also known as "picks". Tipster A person who makes recommendation on the outcome of matches to punters. Treble A bet consisting of 3 selections, all of which must win for the wager to be successful. Trixie A multiple bet consisting of 4 bets 3 doubles and 1 treble with 3 selections in different events.

Turf Accountant A bookmaker. Underdog The team that receives a point start in a handicap. An unlikely winner. A long shot. Push When neither side wins the game. A tie. All money will be returned to the bettors. Roundabout A wager consisting of 3 bets involving 3 selections in different events i.

Round Robin A bet consisting of 10 bets 3 pairs of "single stake" bets plus 3 doubles and 1 treble involving three selections in different events. Shoo In A supposed cinch bet or guaranteed victor. Also, a fixed outcome. Single A "straight" bet on one selection to win.

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In order to win, the accumulator requires all wagers to win as they are each dependent on each other. Ante post refers to betting odds offered a day before a horse race. This happens before all races begin and is the most common type of bet. Since it is well known that bookmakers each have unique odds, it is possible to bet on one competitor at bookmaker A and bet on the second competitor at bookmaker B or….

The Asian handicap originated in the east and refers to spread betting in soccer. The Asian handicap also known as Hang Cheng removes the possibility of a draw result which increases the chances of a punter turning a profit significantly. Banker bets are bets placed on hot favourites and are, therefore, expected to bring certain profit. In system bets, banker is a selection that must win in order to guarantee a return. These are usually placed on odds of 1. Betting exchange works almost the same as stock market, but instead of trading shares you trade your bets.

Rather than betting against the bookmaker, you bet against fellow players, with the betting exchange acting only as intermediary. Online bookmakers tend to offer a huge selection of betting markets on every single match, often giving their customers a choice between more than betting options per game. Otherwise known as the final line, the closing line refers to the betting line before a bookmaker sets the odds for an event.

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…. Double chance betting is usually deployed by punters who enjoy backing the underdogs with its main feature the fact that it covers two out of three possible outcomes.

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…. If a punter backs a team in the Draw no bet market, his bet will win if his team emerge victorious, while the full stake will be refunded in case of a draw. The bet loses if the backed team lose the game in…. Dutching is a betting system used to cover several contenders in an event, making sure each and every one of those bets guarantees the same profit, while eliminating major underdogs.

This ensures the same profit regardless of which bet wins, obviously provided one of the backed contenders do win the event. This kind of strategy…. An "each way bet" is offered by bookmakers and refers to two separate bets on the same stake; a win and a place bet. This is most commonly used in horseracing when the punter bets on the horse to win, or place usual top 3.

If the horse places, then the odds will be fractionally…. There is a good chance that all of you have heard of Asian handicap, but European Handicap is not such a familiar term. With European Handicap, one of the two teams is given an advantage before the match starts, but there are still three possible outcomes — home win, draw and away win.

There are…. Evens bet is a bet placed at odds of 2. The players only need to win every other bet placed on even odds or higher to…. An exacta, or perfecta, is commonly used in horseracing in which the punter must correctly pick the order of those finishing in first and second place exactly.

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. Regardless of how much the odds fluctuate after you have placed your bet, your potential returns will not change.

All you have to do is…. Forecast is a wager on a single event that requires a punter to correctly predict the finishing order of the first two finishers in the event. 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…. The martingale system refers to an investor increasing their stake on a new bet each time they lose.

The logic is that eventually a bet will win and the money lost will be earned back in addition to winnings. These kinds of bets are basically seen as promotional offers seeing they…. 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. Almost all online bookmakers now offer a wide selection of novelty bets, and contrary to the general opinion, these have generated some impressive payouts in the past.

If a game is taken off the board, it is no longer available to bet on even though it had been originally offered. Outright bet is a bet placed on the outcome of an entire league or competition rather than on an individual game. Outright bets are usually placed before the season starts but are also available even during the course of the competition.

These kinds of bets are characterized by much higher returns when compared to regular…. A point spread can be considered a handicap of sorts and refers to providing a team with a point spread. For instance instead of just betting on a team to win, the favorite might have to win by a set number of points point spread.

This makes betting more fair when particular underdogs are playing…. 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. The difference is that the winning two horses can be in any order. Scorecast bet basically consists of two separate bets, meaning that it can be seen as an accumulator. You need to correctly predict the player to score the first goal in a match as well as the correct result of the same match in order to win a scorecast bet.

Scorecast betting is extremely attractive to…. Single bet is a bet placed on just one selection or market, allowing you to earn some profit by guessing just one match correctly. When placing single bets, your return will not depend on the outcome of several matches, so you can cash in as soon as you have guessed one selection correctly. Because they…. The starting price is commonly used in horse and greyhound racing, and refers to the odds, or starting price, of the horse or greyhound at the start of the race.

System bet is in many ways similar to accumulator bet as it is placed on a number of selections, but with the big difference being that not all selections need to be guessed correctly to qualify for a return. System bets can be played with bankers, in which case all selections marked as bankers need…. 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 bookmaker also specified how many points you will get to create a teaser. The main…. Parimutuel betting is a system in which all bets of a particular type are put together in a pool. A tricast is commonly used in horse and greyhound racing and refers to a punter selecting three horses or greyhounds to win 1st, 2nd and 3rd place. Value bets are wagers that are supposed to give you the best chance of gaining profit. Rather than just backing the favourites, many punters try to find a match where they believe the bookmaker has made a mistake when quoting the odds and wagers on such matches are regarded as value bets.

Checking whether a…. Void bet is common in Asian handicap bets, but it can also happen when you are backing a player…. More conventional punters are not prepared to take any risks and they usually stick to already well known markets, but there is now a huge number of bettors who are eager to try out the new betting options and see if these can be used to make steady profit.

With new betting terms coming out of the online betting cuisine almost every day, even the most experienced punters have problems understanding the latest terminology, so you can only imagine how a player new to the online betting world feels when he first comes across such words as outright bet, system bets or forecast.

Understanding the current situation in the online betting market, our betting experts have given their best to find all the football betting terms that could create some confusion among the football punters to create a unique betting glossary football. 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.

Chalk Player Someone who usually only wagers on the favourites. Cover In sports betting, beating the spread by a required number of points. To "cover the spread". More on Cover. Dog The underdog in any betting proposition. Dog Player A punter who mainly wagers on the underdog. Doubling-up The basis of some widely used systems. After a loss the player doubles the size of his previous bet hoping to win back the money lost and make a profit.

Also known as a Martingale system. Drift When the odds on a competitor "lengthen", they are said to have "drifted" or be "on the drift". Edge The advantage you have. Each Way A bet consisting of two wagers. The first is for the selection to win and the second is for the selection to place eg come in top 5. Evens Odds of 1 to 1 also known as "scotch" or "levels".

Even Money A wager which doubles your stake. Exotic Wager Any wager which is not a straight bet, eg round robin, parlay, teaser. Fin 50 dollars. Fold A fold indicates the number of selections in an accumulator e. Form Past performances used to give an indication of the team's chances. Form Player A punter who makes selections from past performance often via a computer based system.

Futures Odds offered on winners of sporting events in advance of the event itself see Ante Post. Goliath A multiple consisting of bets 28 doubles, 56 trebles, 70 4-folds, 56 5-folds, 28 6-folds, 8 7-folds and 1 8-fold involving 8 selections in different events. Handicap A method used by bookmakers to make a one-sided event become a more attractive betting proposition.

Teams are awarded a number of points based on their calibre also known as the "pointspread" or "line". Hang Cheng Asian Handicap Form of soccer betting esp. More on Handicap bets. Heinz A multiple bet consisting of 57 bets 15 doubles, 20 trebles, 15 4-folds, 6 5-folds and 1 6-fold involving 6 teams in different matches. Juice The commission paid to the bookmaker also known as overround. More on vig, Juice, bookie margin. Odds The bookmaker's view of the chance of a team winning or event happening adjusted to include a profit.

Odds-on Where the odds are shorter than evens eg "4 to 6". If the selection wins, the amount won is less than the amount staked don't forget, you get your stake back as well! Outsider Long shot also known as "The Rag". Overround Profit margin in the bookmaker's favour.

More on Overround. Parlay Term for an accumulator bet in US. Also, a wager on two or more teams in which both must win or "cover" for the bet to be lucrative. Patent A multiple bet consisting of 7 bets involving 3 selections in different events. A single on each selection, plus 3 doubles and 1 treble. Permutations It is possible to "perm" bets or selections e.

Picks Also known as "tips", picks are the recommended bets from an "expert". Pointspread The start that the favourite gives the underdog. Also known as the "line" or "handicap". Teaser A pointspread based bet where the punter can move the line in his favour in return for reduced odds. Tips The selections recommended by an expert to bet on also known as "picks". Tipster A person who makes recommendation on the outcome of matches to punters. Treble A bet consisting of 3 selections, all of which must win for the wager to be successful.

Trixie A multiple bet consisting of 4 bets 3 doubles and 1 treble with 3 selections in different events. Turf Accountant A bookmaker. Underdog The team that receives a point start in a handicap. An unlikely winner.