Betting Glossary Betting Terms And Phrases Explained

Betting Glossary of common betting terms

A race where there is only one runner left after a number of non runners. Jockey Club rules state that the horse has to at least ‘walkover’ the course and past the judges to be declared the winner of the race. The colours worn by a jockey riding a horse to differentiate themselves between other racehorses. The silks represent a horses owner and help out punters and commentators to see which horse is which during a race. A race where horses carry different weights based on their official rating or greyhounds get a head start based on their ability.

Timing your bets

Here, you’ll find a full list of betting terms along with all the necessary details that will help you master sports betting in no time. Mare – A female horse aged 5 or older.Zenyatta was a legendary mare in U.S. racing, winning 19 of 20 races. A wager is a bet someone makes on an outcome of a game or event. A straight-up bet is a wager on the outcome of a single game for one team. You have to decide whether the total number of points scored in a game will be over or under a certain figure.

Betting Glossary: A Complete List Of Gambling Terms With Explanations

You can bet on these virtual sports just as you would on their traditional, real-life counterparts. Horse.bet is your online guide to everything horse betting — from race previews and strategy guides to trusted bookmakers and the best betting offers. Check out our latest expert tips, how-to guides, and top-rated bookies with exclusive promotions, such as bet365 UK, Amwager and Betrivers. It is a term in sports betting which means both teams are equal and neither is given an advantage, but the bettor must predict the side. A handicapper is someone who selects the winner of horse racing events based upon statistical analysis and experience. The double chance is used to cover two of the possible three outcomes in one bet.

New terminology sprouts up all the time too, and from all over the world! So, to help demystify some of these terms, we’ve made a list of some of the most commonly used terms in the world of betting. Point spread unibet – the predicted difference in score between the two teams/players, as quoted by the sportsbook. Odds format – there are several types of odds that are commonly used in online sportsbooks.

Betfair is not the only exchange available and commission rates can differ between them. Check this list of UK betting exchanges to find which ones offer lower commission rates than Betfair. ‘ And in reply you would, (if you wanted) divulge the most confident selection from four in an accumulator on a football coupon. A punter who locks in profit through exploiting a market by backing all outcomes of an event at a combined book of less than 100%. ALL IN signifies a player placing all of his remaining chips on the table for the bet.

You don’t need to be a regular bettor to know what an accumulator is, especially in the UK. Most football fans are very familiar with accumulators, often referred to as “accas”. A bet slip with two selections is called a Double, whereas a three-fold acca is called a Treble bet. When a bet is cancelled and the stake is returned to all bettors. A bet placed on who will take 1st, 2nd and 3rd in an event, usually reserved racing but sometimes also found in golf. Limit – themaximum amount of the money that the sportsbook allows you to bet.

She serves as a host for Sirius XM Fantasy Sports Radio and has her own podcast, “Waiver Wired,” on the Extra Points podcast network. Piacenti is also a featured expert on MLB Network’s “Bettor’s Eye” and is a member of the esteemed Tout Wars, the fantasy baseball battle of the experts. She is a member of the Fantasy Sports Writers Association and is a 2020 Scott Fish Bowl finalist. The 76ers backer must bet $188 for a $100 profit and potential $288 return. If you see a minus sign next to your bet, your payout will be less than 100% of your initial investment if you win the bet.

  • However, many of the terms used are still in use today as slang used on the racecourse and in particular in and around the betting ring.
  • When a horse needs no riding from the jockey, meaning it’s an easy ride for them with no pressure needed at all.
  • Handicap – a numerical advantage set by the sportsbook to balance the chances of both teams in the game.
  • She is all-in on the Sixers as the favorite and decides to invest her $100 on the Sixers for a -188 payout.

New terms and expressions emerge every day in the sports betting industry. The reason we suggest going to customer service if you are unsure about anything is that knowledge is power when it come to betting. The more betting terms you know, the smarter bets you can make. Over/Under betting is simply predicting how many total points or goals will be scored by both teams combined. For example, betting on over 2.5 goals means you win if 3 or more goals are scored. Learning the terminology in football betting is not enough, especially if you are looking to profit.

It doesn’t matter if the Nets win by one point or win by 15 points; you want to bet that the Nets win. Mathematically correct strategies and information for casino games like blackjack, craps, roulette and hundreds of others that can be played. Simple, straightforward, and about as rare as a unicorn at a poker table. Will the total points scored in the game be over or under a certain number?

There are now more online sportsbooks than ever before, and most of those focus heavily on the football betting side of the game as this is what most UK bettors want. In 2024, according to the Gambling Commission statistics mentioned above, 83% of all online gamblers in the UK took part in some form of football betting activity. Best online sports betting guide that helps you better understand how to bet and become a more successful sports bettor. BI delivers free betting tips on a regular basis and keeps you up to date with the best bonus offers and free bets provided by UK licensed bookies.

A professional bettor who gives or even sells betting tips to other punters. Betting on a whole league or tournament rather than just a single event. Flat races have grades, while steeplechases (jumps) are grouped.

Find ourdetailed guide on responsible gambling practices here. Just by scrolling down you will be able to find all the betting terms you can think of. They are categorized alphabetically for easier navigation. Unseated Rider – The horse throws the jockey but doesn’t fall.In a 2023 jump race at Saratoga, a horse unseated its rider at the start but continued running riderless.

In horse racing betting, this outcome denotes a type of tie. When a clear winner can’t be declared, officials will call “dead heat”. In football betting, when you have multiple bets on a wager and you adjust the point spread, requiring wins across the board to win at all. A way to place a football futures bet – bettors place 2 equal stakes on a team to win and a team to place. Unlike a combination, you can still get a return if only one part wins.

Cash Back Bonus – Any kind of promotion where you receive your money back. The practical outcome of this is that you can withdraw these funds right away.Canadian – Also known as a Super Yankee, this is also a type of system bet. These may reduce your ability to utilise promotions, however.Correct Score Betting – A market where you win by predicting the correct score exactly. There is no margin for error, meaning generally long odds.Corners Match Bet – Betting on which team will have the most corners. A really interesting football market for multiples or if you do not want to back a team to win.Cash Out – A real-time tool which allows you to cash out a bet before that market has ended.

But the way that bets are placed and odds are set is fairly unique. Even the terminology differs when you compare this type of betting to, say, football betting online. A tool found at online sportsbooks that helps you build multiple bets from across a wide range of markets. Often helps you juggle many wagers at once, see the overall odds as you add more selections, and easily track changes in your potential winnings. Bettor In Green aims to provide new and experienced sports bettors with as many resources as we can.

Use betting tools

Most users will play for fun and remain in control, however, some people may struggle with managing their gaming behaviour. We encourage users to learn more about responsible gambling and find support services at GamCare. Monitor your betting — the first step towards controlling your behaviour is understanding it. Try to keep a record of how often you bet, how much you spend on average and when you’re most likely to go overboard.

Often shortened to ‘Acca.’ A popular type of multiple bet with four or more selections, also called ‘legs.’ If even one leg of an accumulator doesn’t win, the whole bet loses. As a trade of the higher risk, accumulators have very high payout potential. Money Line – the money line is one of the three basic bet types. Each Way – a bet that consists of two independent bets, one for the winner and one for the placement of the same horse or a player.

Unfortunately, it’s not as simple as becoming a winning bettor after reading one guide online. However, there are a couple of useful things that bettors can do. In other words, there is a basic strategy that you can use to set you on the right path, and being on that path will at least give you a chance of being successful in the long run. Another simplistic, massively popular market is the ‘Both Teams to Score’ market, which allows football bettors to bet on whether or not both teams will score in a given fixture. Used to define the highest and lowest odds for a selection or an entire field.

Filly – A female horse under the age of 5.Nest ran a huge race as a filly in the 2022 Belmont Stakes, finishing second. Trifecta – Predicting the first three horses in exact order.In the 2019 Preakness, a trifecta with War of Will, Everfast, and Owendale paid out handsomely. Place – A bet where your horse just needs to finish in one of the top positions (varies by track and field size).A place bet on Zandon in the Derby still paid out when he finished third. It is therefore the responsibility of the player to check local gambling regulations, this site accepts no responsibility for your actions. The term mush is usually used as an adjective to describe a punter or player who makes bad decisions.

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