{"id":787,"date":"2023-03-26T06:24:37","date_gmt":"2023-03-26T06:24:37","guid":{"rendered":"https:\/\/sportsration.com\/sports-betting\/?page_id=787"},"modified":"2023-03-26T06:24:37","modified_gmt":"2023-03-26T06:24:37","slug":"sports-betting-terms","status":"publish","type":"page","link":"https:\/\/sportsration.com\/sports-betting\/sports-betting-terms\/","title":{"rendered":"Sports Betting Terms"},"content":{"rendered":"<p>Understanding the Sports betting terms will help a bettor towards making an informed decision on any SportsBook, and it will also save bookies the stress of having players complain over bet settlement.<\/p>\n<p>Below are a few Betting terms used by bookies in Nigeria, Africa, Europe, the US, and Canada.<\/p>\n<ul>\n<li><strong>Action<\/strong> &#8211; A bet or wager.<\/li>\n<li><strong>All Out<\/strong> \u2013 A horse or contestant trying their best.<\/li>\n<li><strong>All Weather<\/strong> \u2013 Sports played on all-weather surfaces, usually artificial.<\/li>\n<li><strong>Also Ran<\/strong> \u2013 Applies to racing where a horse or contestant finishes but doesn&#8217;t win or place.<\/li>\n<li><strong>Ante Post<\/strong> \u2013 Odds and prices are given on an event in advance of the commencement, usually months and weeks but at least 24 hours in advance.<\/li>\n<li><strong>American Odds<\/strong> \u2013 Referred to as US odds, this is an odds style displaying the amount that would be won if betting 100, if positive odds, or the stake required to win 100 when negative, e.g. evens (2.0) would be 100, 1\/2 (1.5) would be -200.<\/li>\n<li><strong>Apprentice<\/strong> \u2013 A young contestant, generally a young Jockey.<\/li>\n<li><strong>ATC<\/strong> \u2013 Short for any-to-come, a conditional bet.<\/li>\n<li><strong>At The Post<\/strong> \u2013 Term used when horses or dogs are ready at the start of the race, the race will begin imminently.<\/li>\n<li><strong>Against the spread<\/strong> &#8211; The result of a game including the point spread.<\/li>\n<li><strong>Arbitrage<\/strong> \u2013 The simultaneous purchase and sale of the same game in different markets to profit from unequal prices.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Bad Beat<\/strong> &#8211; A bet that looks like the bettor is going to win but doesn&#8217;t.<\/li>\n<li><strong>Back<\/strong> \u2013 Wager an amount of money on a contestant or an event.<\/li>\n<li><strong>Banker<\/strong> \u2013 A bet or selection that is felt to be extremely likely to win.<\/li>\n<li><strong>Best Price<\/strong> \u2013 The odds that give you the best value on a horse, contestant, team, or event.<\/li>\n<li><strong>Betbuilder<\/strong> &#8211; A special market feature that allows different market options on a single bet.<\/li>\n<li><strong>Bet Receipt<\/strong> \u2013 A copy of your bet slip with a unique tracking number, this can be used if a bet is contested.<\/li>\n<li><strong>Bet Slip<\/strong> \u2013 The form or slip where you write your bets or if online the box in which your bet selections appear.<\/li>\n<li><strong>Betting in Play (BIP)<\/strong> \u2013 See live betting<\/li>\n<li><strong>Betting in Running (BIR)<\/strong> \u2013 See live betting.<\/li>\n<li><strong>Betmaker<\/strong> &#8211; Same as BetBuilder<\/li>\n<li><strong>Blinkers<\/strong> \u2013 Headgear fitted to horses to reduce the peripheral vision field, usually to prevent the animal being distracted.<\/li>\n<li><strong>Board Price<\/strong> \u2013 A term for the prices listed on the bookmakers&#8217; board, usually at a horse race or dog race track.<\/li>\n<li><strong>Book<\/strong> \u2013 The total amount of money from all punters wagered on a specific event, selection or contestant.<\/li>\n<li><strong>Book<\/strong> &#8211; The size of a market offered by a bookmaker &#8211; all of the sports markets offered by a bookie.<\/li>\n<li><strong>Bookmaker<\/strong> &#8211; A company or an individual licensed to create betting lines and take wagers.<\/li>\n<li><strong>Bookie<\/strong> \u2013 Short term used for bookmaker<\/li>\n<li><strong>Bumpers<\/strong> \u2013 Also known as national hunt flat races a run under national hunt rules.<\/li>\n<li><strong>Buy Price<\/strong> \u2013 The price at which you buy your bet from an index bookmaker in spread betting. Opposite to sell price.<\/li>\n<li><strong>Buck<\/strong> &#8211; A $100 bet.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Cash-back<\/strong> &#8211; This is the percentage of the stake returned to a bettor by the bookie.<\/li>\n<li><strong>Chalk<\/strong> &#8211; The favorite in a game.<\/li>\n<li><strong>Century<\/strong> \u2013 100, usually used to refer to \u00a3100 but may be used to refer to 100 of anything, such as 100 runs in cricket.<\/li>\n<li><strong>Chase<\/strong> \u2013 Chase or Chasing is where you place bets to recover losses, usually, on markets, you would not usually bet on.<\/li>\n<li><strong>Classics<\/strong> \u2013 One of the 5 classic UK flat horse races. The 1000 and 2000 guineas, Oaks States, Epsom Derby, and St Leger.<\/li>\n<li><strong>Co-favourite<\/strong> \u2013 A situation where one or more selection(s) or competitor(s) have the same odds.<\/li>\n<li><strong>Colours<\/strong> \u2013 The colour of the silks worn by a Jockey, determined by the owner of the horse.<\/li>\n<li><strong>Colt<\/strong> \u2013 A male horse under the age of 5, over 5 a horse is termed a stallion.<\/li>\n<li><strong>Course Specialist<\/strong> \u2013 A horse, contestant or selection that is known to perform well at a particular track.<\/li>\n<li><strong>Cover<\/strong> \u2013 Referred to as covering the spread, this is the number if points needed to beat the spread.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Dam<\/strong> \u2013 Mother of horse<\/li>\n<li><strong>Dead Heat<\/strong> &#8211; An event where two or more selections draw or tie in an event.<\/li>\n<li><strong>Decimal Odds<\/strong> \u2013 Odds displayed in decimal format, the most betting format in Nigeria<\/li>\n<li><strong>Dividend<\/strong> \u2013 A winning return from pool betting, payouts in the tote are referred to as dividends.<\/li>\n<li><strong>Dime<\/strong> &#8211; A $1,000 bet.<\/li>\n<li><strong>Double Up<\/strong> \u2013 This is the process of doubling a stake on a subsequent bet when a first bet loses.<\/li>\n<li><strong>Dollar<\/strong> &#8211; A $100 bet.<\/li>\n<li><strong>Draw<\/strong> \u2013 A tie in an event.<\/li>\n<li><strong>Draw<\/strong> &#8211; Fixtures in an event or round<\/li>\n<li><strong>Draw<\/strong>&#8211; The starting position, e.g. the order of horses in a stall.<\/li>\n<li><strong>Drift<\/strong> \u2013 The process of odds moving outwards (increasing) before the start of an event.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Early Price<\/strong> \u2013 Odds offered in advance, in horse racing this will be prices offered before those at the race course.<\/li>\n<li><strong>Edge<\/strong> &#8211; The advantage a bettor has before a bet is placed.<\/li>\n<li><strong>Evens<\/strong> \u2013 A bet with odds of 1\/1 (2.0). You will receive the same amount as your stake in winnings.<\/li>\n<li><strong>Exchange Betting<\/strong> \u2013 A form of peer-peer betting.<\/li>\n<li><strong>Extra Time<\/strong> \u2013 A period added on to the end of a game, match or event when the event is tied and an absolute winner is required.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Favorite<\/strong> &#8211; A team favored to win a game. They usually have the higher odds.<\/li>\n<li><strong>Fillie<\/strong> \u2013 Name given to a female horse under the age of 5.<\/li>\n<li><strong>First Past the Post (FPP)<\/strong> \u2013 The first to pass the finish line, usually used in racing.<\/li>\n<li><strong>Fixed Odds<\/strong> \u2013 Odds that have a fixed price defined by the bookmaker.<\/li>\n<li><strong>Flat Races<\/strong> \u2013 Horse races on flat terrain.<\/li>\n<li><strong>Foal<\/strong> \u2013 A young horse that can be up to 1 year old.<\/li>\n<li><strong>Form<\/strong> \u2013 A process where previous records and performances are used to give an idea of a competitor&#8217;s chances.<\/li>\n<li><strong>Fractional Odds<\/strong> \u2013 Odds written as a fraction, the most common betting format in the UK.<\/li>\n<li><strong>Freebet<\/strong> &#8211; A bonus expected to be used one time.<\/li>\n<li><strong>Full Cover<\/strong> \u2013 A bet type where all possible multiple bets are included.<\/li>\n<li><strong>Full Cover with Singles<\/strong> \u2013 As a full cover bet with all individual singles.<\/li>\n<li><strong>Full Time<\/strong> \u2013 The end of a standard length game or match, used commonly in football to define 90 minutes.<\/li>\n<li><strong>Futures<\/strong> \u2013 Bets common in the US where prices are offered in advance of an event, similar to ante post.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Gelding<\/strong> \u2013 A male horse that has been castrated.<\/li>\n<li><strong>Going<\/strong> \u2013 The condition of the ground from hard to really muddy, termed soft.<\/li>\n<li><strong>Going Down<\/strong> \u2013 Horses making their way to the starting post.<\/li>\n<li><strong>Going In<\/strong> \u2013 Horses or dogs going into their stalls to start the race.<\/li>\n<li><strong>Going to Post<\/strong> \u2013 See going down.<\/li>\n<li><strong>Grand<\/strong> \u2013 Term used to refer to \u00a31000.<\/li>\n<li><strong>Guineas<\/strong> \u2013 Term used to refer to the 2 classics flat races run at Newmarket, the 1000 Guineas and 2000 Guineas.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Half Time<\/strong> \u2013 An interval at the half way point in a game\/event\/contest of standard length.<\/li>\n<li><strong>Handle<\/strong> &#8211; The total amount of money wagered on a game.<\/li>\n<li><strong>Handicap Betting<\/strong> \u2013 System of virtually adding or removing points from a predicted outcome to make a one-sided event more attractive to a punter.<\/li>\n<li><strong>Handicap Races<\/strong> \u2013 A race in which horses carry weights, better horses carry more weight to even out the field.<\/li>\n<li><strong>Head<\/strong> \u2013 Referring to the head of a horse, &#8220;beaten by a head&#8221;.<\/li>\n<li><strong>Held Up<\/strong> \u2013 The process of a horse or dog being restrained behind other animals in the early phases of a race.<\/li>\n<li><strong>Hedging<\/strong> \u2013 Betting on two opposite outcomes of a bet, usually with different bookmakers, each offering favourable odds to either guarantee winnings or cut losses.<\/li>\n<li><strong>Heinz<\/strong> \u2013 A full cover bet on 6 selections consisting of 57 bets (15x double, 20xtreble, 15x 4-fold, 6x 5-fold and 1x 6-fold).<\/li>\n<li><strong>Home Advantage<\/strong> \u2013 When a team or contestant are competing at their home stadium\/track or in their home town.<\/li>\n<li><strong>Holding Your Own<\/strong> \u2013 Neither winning or losing, generally breaking even.<\/li>\n<li><strong>Hook &#8211;<\/strong> A half-point in the spread<\/li>\n<li><strong>House<\/strong> \u2013 The bookie, casino, gaming institution e.g. &#8220;the house always wins&#8221;<\/li>\n<li><strong>Hunter Chase<\/strong> \u2013 A race for hunting horses.<\/li>\n<li><strong>Hurdle<\/strong> \u2013 A type of fence in national hunt racing that are at least 3 and \u00bd feet in height.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>IBAS<\/strong> \u2013 The Independent Betting Adjudication Service. A service that deals with disputes that cannot be resolved between punter and bookie.<\/li>\n<li><strong>Injury Time<\/strong> \u2013 An additional amount of time at the end of a period within a game added on in lieu of time lost for injuries, substitutions and other stoppages.<\/li>\n<li><strong>In Play<\/strong> \u2013 An event that has already started, also termed in running, this may refer to a form of live betting.<\/li>\n<li><strong>Index Betting<\/strong> \u2013 See Spread Betting.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Jack<\/strong> \u2013 slang for \u00a35<\/li>\n<li><strong>Jackpot<\/strong> \u2013 The top prize for a game or competition, usually enhanced.<\/li>\n<li><strong>Joint Favourite<\/strong> \u2013 If two or more selections have the lowest odds price.<\/li>\n<li><strong>Jolly<\/strong> \u2013 The favourite, usually referring to a horse race<\/li>\n<li><strong>Juice<\/strong> \u2013 Commission taken\/won by a bookmaker or index.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>Kite \u2013 Slang term for a cheque.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Lay<\/strong> \u2013 Betting against a certain outcome, usually peer-peer exchange betting.<\/li>\n<li><strong>Layer<\/strong> \u2013 Person or bookmaker providing the bet, the odds layer.<\/li>\n<li><strong>Length<\/strong> \u2013 Usually referring to the length of a horse or dog, e.g. &#8220;beaten by a length&#8221;.<\/li>\n<li><strong>Line<\/strong> \u2013 A single bet<\/li>\n<li><strong>Limit<\/strong> &#8211; The maximum allowed wager on a single bet.<\/li>\n<li><strong>Lock &#8211;<\/strong> A large favorite.<\/li>\n<li><strong>Long Odds<\/strong> \u2013 High odds value, e.g. 100\/1.<\/li>\n<li><strong>Long Shot<\/strong> \u2013 A selection with high odds that is unlikely to win, also known as an outsider.<\/li>\n<li><strong>Lucky 15 \/ 31 \/ 63<\/strong> &#8211; A form of full cover betting with singles on 4, 5 or 6 selections with all possible multiple combinations covered. Invented by Fred Done.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Maiden<\/strong> \u2013 In Cricket an over bowled without runs score or in horse racing a horse that is yet to win<\/li>\n<li><strong>Mare<\/strong> \u2013 Five-year-old or more female horses.<\/li>\n<li><strong>Martingale<\/strong> \u2013 A system of betting based on doubling your bet each time until you win.<\/li>\n<li><strong>Match<\/strong> \u2013 A game of defined length with 2 or more contestants or teams.<\/li>\n<li><strong>Match Betting<\/strong> \u2013 A bet on the outcome of a match<\/li>\n<li><strong>MLB<\/strong> \u2013 Major League Baseball (USA).<\/li>\n<li><strong>MLS<\/strong> \u2013 Major League Soccer (USA).<\/li>\n<li><strong>Monkey<\/strong> \u2013 Slang for \u00a3500.<\/li>\n<li><strong>Moneyline bet &#8211;<\/strong> A bet made if a team will win or lose outright with no point spread.<\/li>\n<li><strong>Multiple<\/strong> \u2013 Bets involving more than one selection, doubles, trebles, etc.<\/li>\n<li><strong>Nailed On<\/strong> \u2013 Bet that is considered a certainty to win.<\/li>\n<li><strong>Nap<\/strong> \u2013 A term used by tipsters and journalists to indicate their strongest selection, thought to stand for Napoleon.<\/li>\n<li><strong>NBA<\/strong> \u2013 National Basketball Association (USA).<\/li>\n<li><strong>NCAA<\/strong> &#8211; National Collegiate Athletic Association (USA).<\/li>\n<li><strong>Neves<\/strong> \u2013 Best bet of the day.<\/li>\n<li><strong>NFC<\/strong> \u2013 National Football Conference (USA).<\/li>\n<li><strong>NFL<\/strong> \u2013 National Football league (USA).<\/li>\n<li><strong>NHL<\/strong> \u2013 National Hockey League (USA).<\/li>\n<li><strong>No Action<\/strong> &#8211; A game that is no longer taking bets and all wagers are refunded.<\/li>\n<li><strong>Non-Runner<\/strong> \u2013 Selection that is withdrawn prior to a race or event.<\/li>\n<li><strong>Normal Time<\/strong> \u2013 The conventional length of an event, e.g. 90 minutes in football.<\/li>\n<li><strong>Not Under Orders<\/strong> \u2013 Any runner deemed that withdraws prior to the starter&#8217;s signal is deemed to have not come under orders.<\/li>\n<li><strong>Novice Race<\/strong> \u2013 In horse racing this refers to a race in which no horse has won a hurdle or chase previously.<\/li>\n<li><strong>Number Spread<\/strong> \u2013 A spread betting term based on the number of points, runs, etc scored in a match\/event.<\/li>\n<li><strong>Nursery Race<\/strong> \u2013 All horses under two years old.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Oaks<\/strong> \u2013 Classic flat horse race, one of five held for 3-year-old fillies.<\/li>\n<li><strong>Objection<\/strong> \u2013 Contestant or owner objection to the conduct or result during a race or event, often followed by an investigation\/inquiry.<\/li>\n<li><strong>Odds<\/strong> \u2013 Returns offered by a bookmaker relative to stake for a given scenario.<\/li>\n<li><strong>Odds Against<\/strong> \u2013 Odds higher than evens (2.0 \/ +100).<\/li>\n<li><strong>Odds Compiler<\/strong> \u2013 Also known as odds setter or odds trader, employee of a bookmaker who&#8217;s job is to set the odds.<\/li>\n<li><strong>Odds On<\/strong> \u2013 Odds lower than evens (2.0 \/ +100).<\/li>\n<li><strong>Off<\/strong> \u2013 The point at which a race begins.<\/li>\n<li><strong>Off the Board<\/strong> \u2013 Term (usually USA) given to a selection of 100\/1+.<\/li>\n<li><strong>Off the Bit<\/strong> \u2013 Term used when a horse needs urging on.<\/li>\n<li><strong>Off the Top<\/strong> \u2013 The commission taken by a bookmaker, often used in pari-mutuel betting.<\/li>\n<li><strong>Off Track<\/strong> \u2013 Bets taken away from the track, also known as off course.<\/li>\n<li><strong>Official Result<\/strong> \u2013 The result on which bets are settled.<\/li>\n<li><strong>On the Nose<\/strong> \u2013 Back a selection to win only.<\/li>\n<li><strong>On the Bit<\/strong> \u2013 A horse that performs without encouragement from the jockey.<\/li>\n<li><strong>One Paced<\/strong> \u2013 A selection that runs or competes at one pace and cannot produce extra.<\/li>\n<li><strong>Outsider<\/strong> \u2013 Selection judged unlikely to win with high odds to match, generally over 10\/1, see Rag.<\/li>\n<li><strong>Over<\/strong> \u2013 Betting for a score &#8216;over&#8217; a predefined amount. In cricket referring to 6 balls bowed by a bowler.<\/li>\n<li><strong>Overbroke<\/strong> \u2013 Scenario where a book pays out more than it takes in in stakes.<\/li>\n<li><strong>Overlay<\/strong> \u2013 Selection that is deemed to have odds higher than its real chances.<\/li>\n<li><strong>Over Round<\/strong> \u2013 Another term for the profit a bookmaker builds into an odds price.<\/li>\n<li><strong>Oddsmaker (Linemaker)<\/strong> &#8211; Someone who sets the opening line on a game.<\/li>\n<li><strong>Over<\/strong> &#8211; The combined score of two teams is more than what the sportsbook set.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Pace<\/strong> \u2013 Speed at which a race or portion of race is run.<\/li>\n<li><strong>Paddock<\/strong> \u2013 The section of a racecourse where horses are paraded before a race.<\/li>\n<li><strong>Parlay<\/strong> \u2013 American term for an accumulator with 2 or more selections.<\/li>\n<li><strong>Pari-mutuel<\/strong> \u2013 Peer-to-peer bet type where stakes are pooled and winnings relative to the pool size.<\/li>\n<li><strong>Patent<\/strong> \u2013 A full cover bet of three selections and 4 lines, consisting of 3 doubles and 1 treble.<\/li>\n<li><strong>Permutations<\/strong> \u2013 All possible outcomes or bets possible on a given result\/event or series of results\/events.<\/li>\n<li><strong>Photo Finish<\/strong> \u2013 Method of determining victory if it is too close to see by eye.<\/li>\n<li><strong>Picks<\/strong> \u2013 Terms for individual selections.<\/li>\n<li><strong>Pitch<\/strong> \u2013 Refers to the ground on which sport is played, a bookmaker&#8217;s position at a course, or a throw in baseball from a pitcher.<\/li>\n<li><strong>Place<\/strong> \u2013 Positions in addition to the win paid out when place or each way betting.<\/li>\n<li><strong>Place Terms<\/strong> \u2013 The number of places allocated and the odds given relative to a win, e.g. 4 places at 1\/5th the odds.<\/li>\n<li><strong>Placepot<\/strong> \u2013 A type of pari-mutuel bet.<\/li>\n<li><strong>Point Spread<\/strong> \u2013 The different between two contestants or the whole field.<\/li>\n<li><strong>Pool<\/strong> \u2013 The cumulative monetary amount of the number of bets in the pot when pari-mutuel betting.<\/li>\n<li><strong>Pony<\/strong> \u2013 Term used for \u00a325.<\/li>\n<li><strong>Postponed<\/strong> \u2013 Contest or event that is cancelled and rescheduled at a different time or date.<\/li>\n<li><strong>Price<\/strong> \u2013 See Odds.<\/li>\n<li><strong>Punter<\/strong> \u2013 UK term for a bettor or someone who places a bet.<\/li>\n<li><strong>Pick&#8217;em<\/strong> &#8211; A game with no favorite or underdog.<\/li>\n<li><strong>Puckline<\/strong> &#8211; Hockey has a point spread of -1.5 for the favorite and +1.5 for the underdog.<\/li>\n<li><strong>Proposition bets (prop<\/strong>) &#8211; A bet on anything that is not directly tied to the outcome of the game. For example, it can be the first team or the first player to score in a game.<\/li>\n<li><strong>Push<\/strong> &#8211; When neither team covers the spread (the actual margin of victory lands exactly on the spread), no one wins the bet and all wagers are refunded.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Quinella<\/strong> \u2013 A US term for a forecast bet that predicts the horses that will finish 1st and 2nd.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Rag \u2013 <\/strong>Slang term used for an outsider.<\/li>\n<li><strong>Re-run \u2013 <\/strong>Race re-taken for technical reasons.<\/li>\n<li><strong>Related Bets \u2013 <\/strong>A situation where bets are contingent and so cannot be placed as independent events in a multiple bet.<\/li>\n<li><strong>Return \u2013 <\/strong>The amount you can expect back from a winning bet<strong>.<\/strong><\/li>\n<li><strong>Reverse Forecast &#8211; <\/strong>A forecast bet predicting a minimum of 1st and 2nd place where either selection can finish in either place to win.<\/li>\n<li><strong>Ringer \u2013 <\/strong>A runner or contestant that is seen as significantly better than the rest of the field. Often brought in as a replacement.<\/li>\n<li><strong>Round Robin \u2013 <\/strong>Conditional bet type consisting of 10 bets: 1 treble, 3 doubles and 3 up and down bets (2 lines each up and down bet).<\/li>\n<li><strong>Rounder \u2013 <\/strong>A conditional bet with 3 selections: 3 singles and 3 any-to-come bets.<\/li>\n<li><strong>Roundabout \u2013 <\/strong>Same as rounder with double stakes on the any-to-come bets.<\/li>\n<li><strong>Roug \u2013 <\/strong>Slang for 4\/1.<\/li>\n<li><strong>Run In \u2013 <\/strong>Distance from the final corner\/turn to the finish line\/post.<\/li>\n<li><strong>Runner \u2013 <\/strong>Contestant or selection or someone who places bets for someone else.<\/li>\n<li><strong>Rule 4 \u2013 <\/strong>Industry agreed deduction strategy for bets placed prior to a non-runner or void selection.<\/li>\n<li><strong>Runline &#8211; <\/strong>Baseball has a point spread of -1.5 for the favorite and +1.5 for the underdog.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Scout<\/strong>\u00a0\u2013 Someone who waits for the best price or someone who works for a bookie to spot other bookies best prices.<\/li>\n<li><strong>Score<\/strong>\u00a0\u2013 Slang term for \u00a320. In the US this can be a term that means to win a race.<\/li>\n<li><strong>Scratch<\/strong>\u00a0\u2013 US term for the withdrawal of a competitor.<\/li>\n<li><strong>Selections<\/strong>\u00a0\u2013 The competitor(s) predicted to win in your bet.<\/li>\n<li><strong>Selling Race<\/strong>\u00a0\u2013 The winner must be offered for sale at auction.<\/li>\n<li><strong>Settler<\/strong>\u00a0\u2013 Bookmaker expert who calculates payouts.<\/li>\n<li><strong>Sharp (Wiseguy)<\/strong> &#8211; A professional sports bettor.<\/li>\n<li><strong>Shortening the Odds<\/strong>\u00a0\u2013 Bookmakers decision to lower the odds price for an event due to heavy wagers or other factors.<\/li>\n<li><strong>Shoulder<\/strong>\u00a0\u2013 Slang for 7\/4.<\/li>\n<li><strong>Show<\/strong>\u00a0\u2013 US terms for 3rd place and UK term for an odds list.<\/li>\n<li><strong>Shut Out<\/strong>\u00a0\u2013 Too late to place a bet, book is closed.<\/li>\n<li><strong>Single<\/strong>\u00a0\u2013 The simplest form of a bet, one line that can generally either win or lose.<\/li>\n<li><strong>Sire<\/strong>\u00a0\u2013 The horses father.<\/li>\n<li><strong>Smart Money<\/strong>\u00a0\u2013 Wager thought most likely to win, often with &#8216;insider&#8217; information.<\/li>\n<li><strong>Special Bets<\/strong>\u00a0\u2013 More unusual bets such as the Union Jack. Can also refer to bespoke betting lines e.g. Liverpool&#8217;s next manager.<\/li>\n<li><strong>Spread<\/strong>\u00a0\u2013 Generally used to define the lowest to the highest odds for either an individual selection or an entire field.<\/li>\n<li><strong>Spread Betting<\/strong>\u00a0\u2013 Bet type where winnings and losses are not fixed but based on the accuracy of a prediction.<\/li>\n<li><strong>St Leger<\/strong>\u00a0\u2013 One of the 5 classics races for 3 year old fillies and colts during the flat season.<\/li>\n<li><strong>Stalls<\/strong>\u00a0\u2013 Compartments designed to hold competitors prior to commencement of the event or race.<\/li>\n<li><strong>Stake<\/strong>\u00a0\u2013 The amount of money wagered or bet.<\/li>\n<li><strong>Stake Unit<\/strong>\u00a0\u2013 When placing a bet with multiple lines (e.g. Lucky 15) this is the amount of money wagered on each line.<\/li>\n<li><strong>Starting Price<\/strong>\u00a0\u2013 The final odds of a selection at the start of an event when betting is closed.<\/li>\n<li><strong>Straight<\/strong>\u00a0\u2013 US term for a win (Straight (1st), place (2nd) and show (3rd)).<\/li>\n<li><strong>Straight Forecast<\/strong>\u00a0\u2013 Predicting the contestants, runners or teams to finish in a specific order usually 1st and 2nd.<\/li>\n<li><strong>Steeplechase<\/strong>\u00a0\u2013 Form of National Hunt jump racing in which horses jump fences of varying height and consistency. Run over 2 miles to up to 4.5 miles.<\/li>\n<li><strong>Steward<\/strong>\u00a0\u2013 Racecourse official.<\/li>\n<li><strong>Stewards Inquiry<\/strong>\u00a0\u2013 Investigation held by the steward if the rules of racing are deemed to have been contravened, can be in response to an objection.<\/li>\n<li><strong>Steam<\/strong> &#8211; A quick change on a line due to heavy wagering.<\/li>\n<li><strong>Stoppage Time<\/strong>\u00a0\u2013 See injury time.<\/li>\n<li><strong>Superbowl<\/strong>\u00a0\u2013 American football championship (USA).<\/li>\n<li><strong>Super Heinz<\/strong>\u00a0\u2013 A full cover bet on 7 selections consisting of 120 bets: 1 seven-fold, 7 six-folds, 21 five-folds, 35 four-folds, 35 trebles and 25 doubles.<\/li>\n<li><strong>Super Yankee<\/strong>\u00a0\u2013 Also known as a Canadian, a full cover bet consisting of 5 selections and 26 bets. One 5-fold, five 4-folds, ten trebles and ten doubles.<\/li>\n<li><strong>Sure Thing<\/strong>\u00a0\u2013 Very little chance of losing.<\/li>\n<li><strong>System<\/strong> \u2013 Method of betting, e.g. Martingale.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Tattersall<\/strong>\u00a0\u2013 main auctioneer of race horses in the UK, named after Richard Tattersall (1723-95).<\/li>\n<li><strong>Tattersalls Rule 4<\/strong>\u00a0\u2013 See Rule 4.<\/li>\n<li><strong>Taking the points<\/strong> &#8211; Betting an underdog against the spread.<\/li>\n<li><strong>Teaser<\/strong> &#8211; Similar to a teaser, spreads are favored towards the bettor but has a lower payout.<\/li>\n<li><strong>Tic Tac<\/strong>\u00a0\u2013 A system of hand signals that used to allow on course bookies to communicate market.<\/li>\n<li><strong>Tip<\/strong>\u00a0\u2013 A selection chosen by an expert or someone with additional knowledge.<\/li>\n<li><strong>Tipster<\/strong>\u00a0\u2013 Someone who either gives or sells tips to punters.<\/li>\n<li><strong>Totals<\/strong>\u00a0\u2013 Bets placed on over\/under markets.<\/li>\n<li><strong>Tote Board<\/strong>\u00a0\u2013 information board at race tracks displaying Tote prices.<\/li>\n<li><strong>Tote Return<\/strong>\u00a0\u2013 Defined by the amount in the pool divided by the number of winning bets.<\/li>\n<li><strong>Tout<\/strong>\u00a0\u2013 Someone who sells either tickets or advice related to sports or betting, generally an illegal practice.<\/li>\n<li><strong>Trap<\/strong>\u00a0\u2013 Name of an enclosed starting gate used in greyhound racing.<\/li>\n<li><strong>Trap Number<\/strong>\u00a0\u2013 Inside trap is usually number 1 with 6 gates.<\/li>\n<li><strong>Treble<\/strong>\u00a0\u2013 A single accumulator bet with three selections.<\/li>\n<li><strong>Tricast<\/strong>\u00a0\u2013 Predicating the 1st, 2nd and 3rd place finishers in an event.<\/li>\n<li><strong>Trip<\/strong>\u00a0\u2013 The distance of a horse or dog race.<\/li>\n<li><strong>Trixie<\/strong>\u00a0\u2013 A full over bet with 4 lines on 3 selections consisting of 3 doubles and a trebles.<\/li>\n<li><strong>Turf Accountant<\/strong>\u00a0\u2013 A slang name of a UK Bookmaker, usually referring to those present at the track.<\/li>\n<\/ul>\n<ul>\n<li><strong>Under<\/strong>\u00a0\u2013 Referring to over and under markets, betting on a score to be below a certain number.<\/li>\n<li><strong>Underdog<\/strong>\u00a0\u2013 A selection that is expected to lose, e.g. in football this may refer to a lower league club playing a higher league team.<\/li>\n<li><strong>Under Official Starters Orders<\/strong>\u00a0\u2013 Or just under starters orders, this is the time when the official starter is happy that all the race is ready to begin, he will raise a flag to indicate this. Any horse failing to start after this point will not have bets refunded.<\/li>\n<li><strong>Union Jack<\/strong>\u00a0\u2013 A special type of bet of eight trebles made on 9 selections, named the union jack due to the pattern matching the British flag.<\/li>\n<li><strong>US Odds<\/strong>\u00a0\u2013 See American Odds<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Value<\/strong>\u00a0\u2013 The process of getting the best odds or returns.<\/li>\n<li><strong>Visor<\/strong>\u00a0\u2013 Device fitted to some horses to restrict their vision to a forward direction, designed to prevent other runners distracting the horse.<\/li>\n<li><strong>Vig or Vigorish<\/strong>\u00a0\u2013 Another name for a bookmakers margin or commission on a given book.<\/li>\n<li><strong>Void Bet<\/strong>\u00a0\u2013 A wager that is cancelled and stake returned either because the event did not run or terms were contravened.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Walk over<\/strong> \u2013 Process of a selection going through the process to win without any competition, often a result of a foul or penalty.<\/li>\n<li><strong>Wager<\/strong> &#8211; A get placed at a sportsbook.<\/li>\n<li><strong>Weigh In<\/strong>\u00a0\u2013 Used in boxing and racing in particular, the process of weighing a fighter\/horse to make sure they are within preassigned weight limits for the contest.<\/li>\n<li><strong>Welch<\/strong>\u00a0\u2013 Non payment of a fair bet, e.g. &#8216;bookmaker welched on payment&#8217;.<\/li>\n<li><strong>Win<\/strong>\u00a0\u2013 Finishing in first place<\/li>\n<li><strong>Win \/ Draw \/ Win<\/strong>\u00a0\u2013 Name sometimes given to a match betting market where there are three possible outcomes.<\/li>\n<li><strong>Winning Margin<\/strong>\u00a0\u2013 Distance (physical or points) from the winner to the runner up. Also a bet predicting by how much a team\/contestant\/horse will win by.<\/li>\n<li><strong>Winnings<\/strong>\u00a0\u2013 The profit made from a bet, minus the stake.<\/li>\n<li><strong>With a Run<\/strong>\u00a0\u2013 Name given to an ante-post bet where your stake will be refunded if the horse does not end up running.<\/li>\n<li><strong>Withdrawn<\/strong> \u2013 A selection removed prior to the start of an event, may or may not be replaced by a reserve.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>X<\/strong>\u00a0\u2013 Short code to denote a draw or tie.<\/li>\n<li><strong>Yankee<\/strong>\u00a0\u2013 Full cover bet with four selections and 11 lines, consisting of 6 doubles, 4 trebles and one 4-fold.<\/li>\n<li><strong>Yankee Patent<\/strong>\u00a0\u2013 Yankee with 4 singles included, also known as a Lucky 15.<\/li>\n<li><strong>Yearling<\/strong>\u00a0\u2013 Name of any horse from 1st January to 31st December the year following their birth.<\/li>\n<li><strong>Zoo<\/strong>\u00a0\u2013 Mixture of very different selections or contestants in one event.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Understanding the Sports betting terms will help a bettor towards making an informed decision on any SportsBook, and it will also save bookies the stress of having players complain over bet settlement. Below are a few Betting terms used by bookies in Nigeria, Africa, Europe, the US, and Canada. Action &#8211; A bet or wager. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"yst_prominent_words":[],"class_list":["post-787","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v14.0.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sports Betting Terms - Sports-betting<\/title>\n<meta name=\"description\" content=\"Understanding the Sports betting terms will help a bettor towards making an informed decision on any SportsBook, and it will also save bookies the\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sportsration.com\/sports-betting\/sports-betting-terms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sports Betting Terms - 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