BET GLOSSARY

Bet Glossary can help new or inexperienced bettors to understand the terminology and jargon used in sports betting. This can make it easier for them to navigate the website and to place bets with confidence.

Read also The Most Asked Questions about Sports Betting

Accumulator

A type of bet that combines multiple selections into a single wager, with the potential for higher returns if all selections win.

Bookmaker

A person or organization that accepts and pays off bets on sports events, often offering odds and setting betting lines.

Double chance

A type of bet that allows you to cover two of the three possible outcomes in a sports event, increasing the chances of winning but reducing the potential payout.

Handicap

A method used by bookmakers to make a one-sided event more even for betting purposes, by adding or subtracting points or goals from the final score.

Odds

The numerical representation of the likelihood of a particular outcome in a sports event, used to calculate the potential payout of a bet.

Parlay

A type of bet that combines multiple individual bets into one, with the winnings from each selection rolling over to the next, resulting in potentially higher payouts.

Underdog

The team or player in a sports event that is expected to lose, usually indicated by longer odds. Betting on the underdog can lead to higher potential returns.

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