Betting Glossary

     

    A

  • Accumulator: A series of bets on multiple outcomes, all outcomes must be successful for the Punter to win the bet.
  • Ante Post: Bet that takes place well before an event which includes all possible participants. If the selection becomes a 'non-runner' the bet is lost.

  • Arb: A bet that locks in a guaranteed profit, whatever the outcome.

  • Asian Handicap: A football bet that gives the least likely winner a head start to make betting more competitive.

  • B

  • Banker: A bet that is considered to be a near certainty.

  • C

  • Canadian: A bet on five selections covering doubles, trebles, fourfolds and a fivefold.

    D

  • Double: A bet on two horses where both are required to win.

  • Drifter: A horse whose odds are getting bigger due to lack of support in the betting.

  • E

  • Each-way: A bet on a horse to place as well as win. Place terms depend on number of runners and type of race.

  • F

  • Fourfold: A bet on four horses where all are required to win.

  • H

  • Hedging: Backing another outcome in an event you have already bet on to decrease the risk involved.

  • Heinz: A bet on six selections covering doubles, trebles, fourfolds, fivefolds and a sixfold.

  • L

  • Lay: Betting on something not to happen, for example a team not to win.

  • LSP: Level Stakes Profit. The amount of profit that would have been made if all stakes had been 1 unit.

  • N

  • NAP: A tipster's best bet of the day.

  • O

  • Odds on: Betting on an outcome that is odds on results in the profit of the bet being less than the original stake i.e. less than evens (2.0).

  • Over-round: The margin the bookmaker builds into their odds to ensure they make a profit on an event.

  • P

  • Patent: A bet on three selections that covers seven bets, three singles, three doubles and a treble.

  • R

  • ROI: Return On Investment.

  • Round Robin: A bet on three selections containing ‘three pairs of singles stakes about’ bets, three doubles and one treble.

  • S

  • SP: Starting Price - the price of a horse when the race starts broadly based on an average of the on course bookmakers odds for the horse.

  • T

  • Tissue: A betting forecast designed to predict the odds of each runner in an event.

  • Treble: A bet on three outcomes where all are required to win.

  • Trixie: A bet on three selection which covers the three doubles and the one treble.

  • Y

  • Yankee: A bet on four selections that covers the six doubles, four trebles and one fourfold.

Table for Horse Racing in January

 Name W/L Profit £
1 Roland65 Horse Racing  18/62 +437.80
2 Dynamite21 Horse Racing  8/18 +338.50
3 Superted Horse Racing  8/69 +270.00
4 Big Al Horse Racing  13/38 +25.00
5 Food4Fort Horse Racing  0/1 -10.00
6 McGhee Horse Racing  1/3 -21.70
7 HorseLays Horse Racing  46/20 -25.50
8 Eagle Eyes Horse Racing  14/59 -26.84
9 Brian Horses Horse Racing  0/4 -40.00
10 James 2202 Horse Racing  4/11 -55.00
The stake for each tip is 10 units

Table for Footy & Tennis in January

 Name W/L Profit £
1 Holy Grail Football  13/12 +226.60
2 Bet Monkey Football  7/4 +178.30
3 ColdGold Football  3/1 +17.10
4 Brian Footy Football  1/1 +3.00
5 MJH Footy Football  0/2 -20.00
6 Alcuni Football  2/7 -33.80
7 AntaeusTen Tennis  6/17 -71.60
8 Footy Movers Football  10/31 -84.00
The stake for each tip is 10 units