This is your ultimate betting terms guide! Before you start betting, it’s important you’ve got all the information you can get. To help you the best we can, we keep adding betting terms per sport. If there’s a sport you’re still missing here, please don’t hesitate to contact us!
Football betting terms
3-way handicap: In 3-way or European handicap betting a virtual lead is given to one team and you bet on the outcome of the game given that specific lead. In 3-way handicaps you can bet on either teams to win or a draw.
Example: Bolton are playing Everton in the League Cup. The game starts with a 1-0 handicap in favour of Bolton. Therefore a bet on Bolton will win if they win or draw; a bet on the draw will win if Everton win by exactly one goal; and a bet on Everton will win if they win by two goals or more.
Accumulator (ACCA) Bet: Accumulator bets are single wagers, combined with other wagers into one bet. The ACCA bet has four or more legs (selections), and to win it, all of your selections need to win. If even one of the legs loses, you will lose the whole wager. They are very popular wagers because you have the potential of winning a high payout.
Asian handicap: Asian handicap betting is a form of sports betting where a team gets a virtual advantage and you bet on which team would win given the added handicap. The reason for this is to level out the odds when one team is a heavy favourite.
Example: Chelsea are playing Yeovil in the FA Cup. If you bet on Chelsea to win with a -1.5 Asian Handicap, you will win if they win with two goals or more. If Chelsea only win by a one-goal difference, draw or lose then you will lose your bet.
Asian Handicaps are available with full lines, half lines and quarter lines. For a more detailed explanation of Asian Handicaps and different lines, check this convenient Asian Handicap betting guide.
Combination Betting: Combination betting is referred to when you are merging several wagers into one to increase the odds. These bets are more comfortable to place when using features like Bet Builder. Different bookies have different names for them, including, Same Game Multi, Bet Builder, etc. You can place these bets across one event or more, even across various sports.
Double Chance Betting: Double Chance betting refers to when you back two outcomes in one wager. This type of bet doesn’t have the best odds, but it has a higher chance of winning.
Draw No Bet: In the “Draw No Bet” type of wager, you would win if your team earns a victory, and you would get your money back if the match ends in a draw. It’s a popular wager type because the draw outcome doesn’t affect your wager.
Each-Way Wagering: Punters us Each-Way betting mostly in Horse Racing, but bookies offer it in Outright Football bets. You place two stakes with the same amount (doubled stake) on one team to win, and a team to place. You get a more significant return if both outcomes win, but even if only one does, you still take that part of the wager. The terms for how many places are paid and the adjustment of the odd may vary from event to event. For the World Cup, for example, the terms are ‘0.5 first and second’, which means that the odds for placing are halved and the placement bet is a winning bet if the team plays the final.
Even Wager: An Even wager is a type of bet place on even odds. An example of even odds is 2.0 or 1/1. It is prevalent, and many bookmakers offer new customers promotions if they place a qualifying wager on even odds.
Free bet: The name basically says it all. A free bet is a bet offered by the bookmaker for you to place within risking your own money. Free bets are the perfect way to make a good profit.
Full-Time Result (90 Minutes): 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.
Half Time/Full-Time Betting: In this HT/FT bet, you predict both the result after the first half and the result after the second half. To win your wager, both of the outcomes need to be correct.
Head-to-Head Betting: 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.
Outright Bet: 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.
Over/Under Wagering: In over/under betting, sometimes abbreviated as O/U betting, you predict if a certain event is to happen over or under a specific total. The most common over/under bet is on the amount of goals. For example, you could bet on a game between Sunderland and Wigan witnessing +2.5 goals. If there are three goals or more, you win your bet.
No Goal No Bet: This is a bet type where you bet on a team to score either the first or the last goal in a game. Importantly, if the game finishes 0-0 then the bet is void and you get your stake refunded.
Scorecast Betting: 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.
Single Wager: 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: 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.
Team To Go Through: This is a popular bet in knockout tournaments such as the Champions League or World Cup. Here, rather than betting on a full time result (1X2) you bet on which team will eventually progress to the next stage of the tournament. This is crucial for some players when there is a possibility a game will go to extra time, if it’s a draw in 90 minutes. It also covers bets in penalty shootouts.
Teasers: 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.
Void Bet: 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.
Wincast Betting: 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.
Darts betting terms
Match winner: most common form of a darts bet simply involves predicting the winner of a particular match. This is known as an outright bet or a winner bet. The odds compilers will assess the relative strengths and weaknesses of each player and then assign a set of odds to each one. There will typically be a favourite and an underdog, although the odds might be identical if the two players are very evenly matched.
Leg betting: Betting on the total legs in a match is really popular darts wager. Many punters like this type of wager, as it does not require you to pick the winner of the match. You can also bet on whether the total legs in the match will be odd or even.
Handicap betting: This form of darts betting gives the supposedly stronger player a handicap in order to level the playing field. This form of betting allows you to earn more value by betting on the favourite, but that player must win by a comfortable margin. It also allows you to bet on the underdog if you think that player will either win the match or only lose by a narrow margin.
Correct score: This is a prediction on the final score of a darts match. It is harder to guess the correct score than to simply predict who will win a match, but you are rewarded with much higher odds and a larger potential profit.
180s mach betting: This is a prediction on which player will manage the most 180s in a match. You can also bet on the total 180s in a match – you might see odds of evens on under 3.5 and 3/4 on over 3.5 – and on the total 180s each player will manage. It shows just how many options are available beyond simply predicting who win a given match.
Spread betting: Darts spread betting differs to fixed-odds betting due to the wide range of potential outcomes. Our traders will make a number of predictions about a darts match or tournament, and you can then pit your wits against them. These predictions take the form of spreads. If you believe our traders have been too ambitious, you can sell at the lower end of the spread. If you think they have gone too low, you can buy at the upper end of the spread.
100 index: This is a very popular option among darts spread betting fans. We assign the winner 100 points and the loser zero points.
Total legs: This is a prediction on the total number of legs that will be played in a match. However, it differs from the fixed-odds wager because there are numerous possible results.
Formula 1 betting terms
Formula 1 is the most popular racing series in motorsports. With more and more races being added to a regular F1 season, people got more opportunities to place some bets on F1. That’s why we would like to help you along by briefly explaining the different wager opportunities in F1 betting.
Pole position: Every race weekend starts with some training laps; these give the drivers the opportunity to find their way around the track. But before the race, there needs to be a grid to decide which drivers starts in which position. That’s the qualification. The driver with the best time over 1 lap in Q3 of qualification starts in first place, which is also called pole position. You can predict the driver to starts at head of the grid with these bets.
To win: This is the most straight forward bet off all. The to win bet is for the driver you think will win a specific race. Is it Max Verstappen, Lewis Hamilton, Charles Leclerc of any other racer? Pick your race winner with this bet! Do you feel a certain team is highly likely to win, but you can’t choose between both drivers? There are always to win bets for the teams as well. If you think Mercedes has the best car, but the drivers are equally as good, pick Mercedes to win the race!
Podium finish: Just like the first one, this one is also clear. A podium finish bet is a bet for any driver to finish in the top three. If you feel a driver is good enough to finish top 3, but you’re not sure if he can win, you can go for safe and pick the driver for a podium finish.
Driver matchup: Focus during a F1 race is mostly on the driver at the front of the race. Who’s going to win the race? But loads of people enjoy the battle in midfield and at the back as well. That’s where driver matchups come in handy. The bookmakers also select a bunch of driver matchups. For example, at the it can be between Verstappen and Hamilton, which one has the best finish position between them. But at the same time there can be a matchup between Magnussen and Hulkenberg. These matchups make every part of the race interesting to follow.
Future bets: Future bets are bets on the long. Think about the driver who wins the drivers championship. These bets can be placed from the start of the season till the moment the champion is decided.
Proposition: Proposition bets are a bit more random than the previous ones. These are bets to predict certain things during the race. Will there be a safety car during the race? Who will lead after round 1? Which driver will have the fastest lap? These are all examples of proposition bets.