Football betting terms and meaning
Free Bet – Any bet which you can place without needing to place your own stakes. The winnings you receive will almost certainly not football betting terms and meaning the. Two touchdowns is less, three touchdowns is more — meaning this bet either wins or loses. Tail / Fade. Sports betting lingo for whether you're going to bet. Stands for a draw in a 1x2 bet such as those on full time results football matches. 1 = home win, X = draw, 2 = away win. Bet Types. In the Jets vs. Ravens example from above, the game total is points. Betting the over means if the game ends in 46 or more total points, you win.
Betting Terms & Definitions (A-Z) – April 2024
How do you read football betting lines? The main NFL odds are spreads, totals, and moneylines. For the first two, you'll see two numbers on each side: the line and the odds for placing the bet. On the spread, the team with the negative line is the favorite, and the positive line indicates the underdog.
What is the +/- in football betting? The team identified as the favorite will have a minus sign next to that number, meaning they have to win by more than that many points for them to “beat the spread.” Meanwhile, the underdog will have a plus sign, and as long as they don't lose by more than that number, bets on them to cover will cash.
What do betting symbols mean? These are ubiquitous symbols across the industry in North America. The “+” and “-” are put in front of odds or lines, indicating the favorites and underdogs. The favorites will be marked with a minus sign, whereas underdogs have a plus sign.
Is negative spread good or bad? In the simplest terms, a negative spread indicates the favorite, which is the side expected to win the matchup. A negative point spread really means the team has some work to do. For a negative spread bet to hit, the team has to beat its opponent by a margin greater than the point spread.
Is a negative spread good or bad? In the simplest terms, a negative spread indicates the favorite, which is the side expected to win the matchup. A negative point spread really means the team has some work to do. For a negative spread bet to hit, the team has to beat its opponent by a margin greater than the point spread.
Sports Betting Glossary
Starting Price SP. What is the starting price. The final odds on a selection at the point the race starts. What are betting tips. Also referred to as picks, these are predictions shared with the public, or indeed paying punters in some instances, by betting experts. These experts are also called tipsters. Tote bets. What are Tote bets?
Estimated returns or dividends for successful bets are available beforehand, but the actual amounts to be paid out are only finalised after the race when all the money has been put in. What are winnings. The amount earned from a successful bet profit on top of the returned stake.
What does X mean. Stands for a draw in a 1x2 bet such as those on full time results football matches. Bet Types. There are many different types of horse racing bets that you can choose from. The number of options make wagering on the horses more enjoyable to horse racing fans, although the range in bet types and even just the name of some bets can seem confusing to a beginner.
However, the objective of each bet type remains the same, money is placed on a horse or horses to finish in a specified position and if the outcome is what you predicted then you win. The amount of winnings depends how much was staked and the odds the bet was taken at. Football betting terms and meaning Punters that are new to horse racing will usually stick to the most basic bet types.
These bets usually involve making just one selection. What is a single bet. In this situation you can back the horse to place. What is a place bet. By making a place bet there is a greater chance that you will be successful however the odds for a horse to place are lower and therefore the pay out will be less than if you had backed the horse to win.
Punters could also choose a bet type which gives them the opportunity of a large pay out from a win bet and the security of a place bet. What is each way bet. As you become better at picking winning horses then you may want to try a more complex bet. What is a Straight Forecast. What is a Reversed Forecast. To increase your chances of success even more you can choose more than one selection for first and second place.
What is a Combination Forecast. 
Here you may have 3 or more selections and will need two of them to fill the first two places, in any given order. Forecast bets are more challenging but the potential returns are also greater. For the chance to see even more value from your bet you can also select which horses will finish in the first three places in the race.
What is a Tricast. What is a Combination Tricast. As well as betting on more than one runner in a race you can also select horses from different events. For example you could back one horse in a race at Doncaster and one in at a race at Ascot. What is a Multiple bet. What is a Double bet?
What is a Treble bet. What is an Accumulator. The stake and return from the first selection rolls on to the next, until the final bet is settled. Of course, a losing selection results in the accumulator being settled as losing bet. Some bettors prefer to have a combination of different bet types.
What is a Trixie. To gain a return from this bet type, the bettor must successfully pick two winners, though three winners will see each of the four bets within the Trixie settled as winners. What is a Patent bet. In this bet you have three singles, three doubles and a treble, meaning just one winner is needed to lock-in a return. What is a Yankee bet. In this bet you will have six doubles, four trebles and a four-fold accumulator, meaning the bettor requires a minimum of two winning selections to gain a return.
What is a Canadian bet. What is a Heinz bet. The bets which make up this multiple bet are as follows; 15 doubles, 20 trebles, 15 four-fold accumulators, 6 five-fold accumulators and 1 six-fold accumulator. What is a Super Heinz bet. The bets within the Super Heinz are; 21 doubles, 35 trebles, 35 four-fold accumulators, 21 five-fold accumulators, 7 six-selection accumulators and 1 seven-fold accumulator.
What is a Goliath bet. The Goliath bet includes the following; 28 double bets, 56 treble bets, 70 four-fold accumulators, 56 five-fold accumulators, 28 six-fold accumulators, 8 seven-fold accumulators and 1 eight-selection accumulator. What is a Lucky 15. The Lucky 15 is made up of; 4 singles, 6 doubles, 4 trebles and 1 four-fold accumulator, and therefore the bettor requires just one winning selection to achieve a return.
What is a Lucky 31. What is a Lucky 63. The bets which make up this multiple bet are as follows; 6 singles, 15 doubles, 20 trebles, 15 four-fold accumulators, 6 five-fold accumulators and 1 six-fold accumulator. One winning selection in this bet type would lock-in a return, whilst 6 winners would lead to a generous return, as all 63 bets involved would be settled as winners.
What is an Alphabet. Chile vs bolivia prediction This bet type consists 2 Patents which make up 14 bets , 1 Yankee a further 11 bets and a six-fold accumulator 1 bet. What is a Round Robin. What is a Flag bet. What is a Super Flag bet. Betting Terms. What is Arbitrage. Betting across multiple betting providers is crucial to this concept. What is In-Play Betting. In-play prices are likely to change quickly and often and will usually differ from the starting price.
What is Spread Betting. It happens more frequently than you may imagine, meaning this is a fairly common betting market. Parlay — Another term for an accumulator. Both are single bets with multiple selections that all have to be correct for the bet to be successful. Patent — A bet consisting of 7 bets involving 3 selections in separate events. The bet includes a single on each selection, 3 doubles and 1 treble.
Payout — The amount of money you receive if your bet is successful. This includes both the stake and the winnings. Permutations — This is any kind of system bet which requires you to place a series of wagers in a distinct order and combinations to cover the markets in a strategic way. Lucky 15s or Goliath bets are examples. Pool — A form of gambling where you pay a fixed amount into a pool, after which the money is divided equally between everyone who made the correct prediction.
There are no odds involved, so this is a very unique way of betting. Price — Another term for betting odds. Promotions — An offer from the operator which provides some kind of bonus to the user, often through the latter completing some kind of set criteria. Football betting terms and meaning Examples: Free bets, welcome offers, Acca insurance, enhanced odds, and Best Odds Guaranteed are all promotions.
Promo Code — A code you must enter, often during registration, to opt into a particular promotion. Not entering the promo code could leave you missing out on the offer in question. Punter — Another word for someone who is a betting customer of that site. A general slang term for people who enjoy betting. The amount of places goes up to five in big races, and this is a great market to combine with others.
Placepot — A bet whereby you are required to pick a placed horse in the first 6 races of a meeting. Racing Card — This is where all the information for that day's races are stored. Online sites will generally have their version of these cards available alongside the markets. Return — Another term for your winnings or payout. Put simply, the amount of money you get if you win.
Request a bet — These days, plenty of bookmakers allow you to request a bet through Twitter if it is not available on the site. If they accept, they will provide you odds, which you can then see if you choose to accept them. Referral Bonus — Any kind of bonus you get for referring other people to a betting site is known as a referral bonus.
It would generally be a free bet or occasionally cash bonus; that said, the details are entirely down to the bookmaker. Round Robin — This is where you combine a series of accumulator bets. Generally, it consists of several smaller accas instead of one big one. A nice mix of parlay and system betting. Runner — A competitor in a race, usually referring to horse or greyhound racing.
Rule 4 — This is a general rule for horse racing, consistent across bookmakers. Rule 4 refers to the reduction in winnings to take into consideration any non-runners in the race. Scorecast — One of the most popular kinds of double bet, the scorecast bet is where you try to predict both a goalscorer and the final score.
It works so well because it allows you to build a coherent picture of the game. Stake — This is another term for the amount you are betting on that particular selection. If someone said the stakes were high, for instance, it would mean you had put a large bet on. Super Heinz — As the name suggests, this is even bigger than a regular Heinz bet. The Super Heinz consists of bet and seven selections.
This breaks down into 21 doubles, 35 trebles, 35 fourfold bets, 21 fivefold bets, 7 sixfold bets and a single sevenfold bet. Do keep in mind that it has the potential for greater wins or losses than typical betting. Example: If the spread was 2. Special Bets — A broad term for any kind of bet that is not part of the usual betting line up.
It could be the method of the fight ending in an MMA market, for instance. System Bets — Put simply, this is a combination of betting picks crafted to cover as many markets as effectively as possible. There are several system bet examples in this glossary. Terms And Conditions — An online document which breaks down the rules of that particular subject, promotion, or indeed the site in general.
They are a big part of the quality of any bookmaker, and should be read carefully by all punters. The Gambler's Fallacy — The mistaken belief that something is less likely or more likely to happen based on past results. Almost a kind of superstition.
Tic-Tac — The sign language which UK bookmakers use to communicate with each other on-course. Not much of an issue is online gaming. Timecast Betting — One more interesting double here. Timecast betting is when you bet on both the goalscorer and time of that goal; you'll be able to find some incredibly precise and potentially long odds market here.
Tote — The organisation in the UK set up to operate pool-betting on all racecourses. Once owned by Betfred, it now has its own dedicated site. To Win To Nil — A bet placed on a team to win and not to concede a goal. To Win Either Half — A bet placed on a team to win either half of the match.
To Win Both Halves — A bet placed on a team to win both the first and second half. To Win From Behind — A bet placed on a team to win after trailing by at least a goal at some stage. Treble — A bet consisting of 3 selections. All must win for the bet to be successful. Tricast — A bet which involves correctly predicting the 1st, 2nd and 3rd place in a racing event.
Trixie — A bet consisting of 4 bets involving 3 selections in separate events. The bet includes 3 doubles and 1 treble. They are the relevant licence UK players will want to look out for to see if an operator is legitimate. Value Bet — A term used to describe a bet where you think you have the edge on the bookmaker.
The most common type of value bet would be on where you believe they have predicted the game probabilities wrong to a large degree. A VAR is a match official who reviews the decisions made by a match referee with access to all cameras in the stadiums. This can include slow-motion replays, which allows the VAR to see the run of play from all angles.
Vig — This is an American term for overround. It can also refer to any fees charged. Virtual Sports — This is a version of popular sports — for example, F1 racing or tennis — that is rendered virtually. You can bet on these virtual sports just as you would on their traditional, real-life counterparts. The wagering requirement is the amount that the bonus needs to be played for any winning from a free bet to be paid out.
Welcome Offer — Broadly speaking, this refers to any kind of promotions that is only offered to new players. It is often where you find the most generous promotions. Wincast Betting — Similar to a scorecast bet, but a little bit easier. A wincast bet sees you pick an anytime goalscorer and back a team to win, as opposed to the exact score.
Winning Margin — This is the margin by which one team triumphs over another. Withdrawals — The process by which you take money out of your account registered on a betting site. A withdrawal method is the option with which you choose to use to do this, and on many bookmakers, it will need to be the same as the deposit method used where applicable.
Withdrawals tend to take quite a bit longer than deposits and can come with fees. Yankee — A bet consisting of 11 bets involving 4 selections in separate events. The bet includes 6 doubles, 4 trebles and 1 4-fold. We have done absolutely everything we can to make this as comprehensive a look at all of the key betting terms out there. This betting glossary can generally be used as a reference point to keep you out of any confusion surrounding betting terminology — be it football terms, horse-racing terms or any other general betting terms.
But you never know — perhaps a site has their own way of phrasing things we have not seen. Our advice is to contact customer service and get everything cleared up from the site themselves. Looking to bet on golf. Check out our separate guide to the most important golf terms. When it comes to the betting world, there are a whole range of betting terms that punters may come across and therefore need to learn.
Understanding what these betting terminologies mean is not only important in improving your general knowledge when it comes to betting, but it should also help you make better betting decisions. Above you'll find our betting glossary filtered in alphabetical order. Any betting terms that we've created a full guide for on site will be highlighted in blue.
We will continue to update the page with new betting terminologies so if you come across a term or phrase that isn't included on this page, then feel free to contact us and let us know. 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. It really opens your eyes to just how deep and varied the betting world is, and having that understanding means you have more tools at your disposal and more opportunities to locate and take advantage of the markets that are right for you.
Ben has been writing professionally for over a decade. His articles are a great outlet for his inexhaustible supply of sporting facts and enthusiasm. He resides in Yorkshire, where his work is powered by the ever-present sound of a kettle. Check our help guide for more info.
Try to Eat our cookies We use cookies to optimise your browsing experience on our platform. Sign up for our free 4x-weekly newsletter to get "the gist" of what's going on in the sports world in less than 5 minutes. Sports Betting Glossary. Sports Betting. No sweat. A moneyline bet, the most basic bet in sports gambling, is simply picking the winner of a game.
For example: You bet on the Golden State Warriors moneyline; if they win, you win. If they lose, well…you get the picture. Pro tip: Think of it like a bet on the underdog has the chance to win you more money ie. Alternatively, you can bet the spread. High risk, high reward. So if the Green Bay Packers were favored by 4 that would read as Packers -4 and won by 5, they covered the spread and turned a profit for those who bet on the spread.
Blame it on the juice , indeed. A bet considered to be a sure thing. The reason the payout is bigger is because the chances of both of those bets winning is much smaller.