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Online Betting Glossary - D-F

A-C / D-F / G-L / M-R / S-Z

Daily double - A horseracing bet in which a player picks the winning horses of two chosen races.
Dead Heat - A term in horseracing for a race where two horses finish equal. Both horses are declared winners.
Dividend - The payout or return on any bet.
Dog - The underdog or outsider.
Dog Player - A bettor that chooses to wager on the Dog or outsider.
Double - A bet on two separate events or two parts of the same event.
Double carpet - UK slang for odds of 33-1, based on Carpet.
Double header - Two separate games played by the same teams on the same day.
Draw - When two teams/competitors finish the game with the same score.
Drift - odds that have lengthened

Each way - UK term for betting on a team/competitor to win and/or secure a 'place'.
Edge - A bookmakers commission. Also known as margin, vig and juice.
Even money - A 1/1 odds bet.
Exacta - A selection of two horses to come 1st and in 2nd in a race in exact order.
Exposure - the amount of money the bookmaker actually stands to lose on a game.
Extension - the amount of money the bookmaker potentially will lose on a game.

Favorite - the expected winner of a game/race; the entrant with the lowest odds.
Field - all the competitors in an event.
First Half bet - a bet solely for the outcome of the first half of a game.
Fixed game - A game in which at least one of the competitors/teams willfully manipulates the outcome of the game.
Fixed odds - odds remain the same until the settlement of the bet.
Flea - a low-wagering bettor that continually requests bonuses.
Forecast - Also known as a Perfecta or Exacta. It means wagering on what selection finishes 1st and 2nd for a particular event. Forecasts can be straight, reversed or permed.
Form - the previous placing/results of a team/competitor.
Full cover - All the doubles, trebles and accumulators involved in a given number of selections.
Furlong - This term is often used in horse racing and is a unit of distance equal to 1/8 of a mile or 220 yards.
Future - Also known as Ante post. A bet on the outcome of a major event like the Superbowl or a soccer league such as the English Premier League.

A-C / D-F / G-L / M-R / S-Z

 

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