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Online Betting
Glossary - M-R
A-C
/ D-F / G-L
/ M-R / S-Z
Mare
- A female horse that is 5 years old or more. Not to be confused
with 'having a...'
Margin - The amount a competitor in an event finishes in
front of another competitor. Also describes a bookmakers commission
Multiples - Also known as Accumulator. A multiple bet where
two or more bets are chosen and all these selections must win for
a payout.
No Action
- A bet where no money is lost or won.
Odds
- the bookmakers evaluation of the chance of a team or competitor
winning. It is adjusted to include a profit, otherwise known as
the bookmaker's edge.
Odds against - When the odds are greater than evens (e.g.
7/2).
Off the board - This is the term for a game that a bookmaker
refuses to accept any bets.
Outsiders - Also known as a dog or underdog. A long-odds
team/competitor that is not one of the favorites and is not expected
to win.
Over - A wager on whether the combined amount of points/goals
by both teams in one match will be over the priced amount.
Over-under - the opportunity to bet on the combined amount
of points/goals both teams will score in the match. A bettor can
choose over or under the priced amount.
Parlay -
Also known as an accumulator or multiple bet. A multiple bet where
two or more bets are chosen and all these selections must win for
the accumulator to payout.
Past Post - to make a bet after the event has started.
Patent - 7 bets involving 3 selections in different events,
i.e. a single on each selection, plus 3 doubles, and 1 treble.
Payout - Also known as winnings or return. A payout is how
much a bettor receives from the bookmaker as a consequence of winning
the bet.
Perfecta - Also known as a forecast or exacta. A selection
of two horses to come 1st and in 2nd in a race in exact order.
Picks - a selection of bets usually chosen by an expert or
knowledgeable person.
Place - to wager on the team/competitor/horse to finish in
the top two, three, four or five in an event/tournament.
Player - Also known as a bettor or gambler.
Point Spread - Also known as the handicap. Referring to the
points given to the underdog to level the odds with the favorite.
Postponed - When an event is cancelled and rescheduled for
a later date.
Price - Also known as the odds. A price is decided by the
bookmaker to reflect the chances of that particular team/contestant
winning or placing in an event field.
Prop - Also known as a Special bet. A prop is short for proposition
bet, which are odds set by the bookmaker on unique and various topics.
This can include politics, pop music, etc.
Punter - slang term for a bettor.
Puppy - Also known as a dog or underdog. The outsider in
a bet - the unfavored team/competitor.
Return
- Your total winnings on a bet. We like this one.
A-C
/ D-F / G-L
/ M-R / S-Z
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