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Betting Terms Dictionary

Accumulator: A bet which involves more than one selection from one or more sports, each selection moves onto the next, so if you stake ten points, if your first bet wins the 10 points plus your profit becomes the stake on the next selection. If one loses the bet fails. Acumulators can be doubles, trebles, fourfolds, fivefolds etc.

Ante-Post: This term means betting on an event before it begins. For example betting on a team to win the league before the season starts, betting on a horse many days before the race, sometimes to get a better price before odds movement.

Arbitrage Bet: An Arbritrage bet is one where you bet on all outcomes of an event with guaranteed profit, using football as an example, where you take prices on the home, draw or away at different books with calculated stakes to take profit with whatever result.

Asian Handicap: A soccer bet where sides are awarded a fraction of a goal start up to maybe 2 goals, and very rarely 3. The advantage of Asian Handicap is that it eliminates the draw and even sometimes you return part of your stake when you lose your bet. Read More

Banker: A bet that is fancied very strongly, one that you woudl bet large on because you feel it is a definate win. Not always a good word, as it is often mis used and misleading, nothing in betting is ever certain.

Bar: When you see bar written in a bookmakers, usually in horse racing, or in ante post lists for football etc, this means that every other team or horse are higher than the last quoted, so if it says 50/1 bar, it means every other is higher than fifty to one.

Double Chance: In football double chance is a bet where you select the win and the draw to increase the chance of return. You may fancy an underdog with great value so you can also back the draw and still make some profit. How to calculate double chance stakes.

Favourite: The selection that the bookmaker says is most likely to win.

Handicap: Used mostly in Soccer, Rugby and especially USA sports, it is used to make an uneven contest more appealing to bet on. For example in football the bookmaker may give the weker team a goal start, so the favourite has to win by two to beat the handicap.

 

 

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