A flag bet is a four-selection system bet that combines 23 smaller bets on one bet slip, giving bettors a chance to return winnings even if not all four selections win.
Moneyline odds show the price of backing a team, player, or side to win an event outright. In a moneyline bet, the bettor simply picks who they think will win.
In betting, "odds against" refers to a price where the potential profit is greater than the stake.
An outright bet is a wager on the overall winner of a competition, tournament, or season, rather than on a single match or event within it. Bettors place outright bets on outcomes like who will win the Premier League, the World Cup, or Wimbledon.
The Fibonacci betting system is a progressive staking strategy based on the Fibonacci sequence, where each number is the sum of the two before it: 1, 1, 2, 3, 5, 8, 13, 21, and so on.
DVOA measures how an NFL team performs compared to league average after adjusting for opponents and situations. Bettors use it to spot teams that may be better or worse than their record suggests.
Win, place, and show are horse racing bets that pay if your horse finishes 1st, top 2, or top 3. Higher chances of winning usually mean lower payouts.
Booking points are a football betting market that assigns points to yellow and red cards to settle bets. They are commonly used in total, team, and player card markets.
Total runs is a baseball bet on whether the combined number of runs scored by both teams will finish over or under a line set by the sportsbook. Unlike a moneyline bet, you are not picking which team wins the game.
The spread is the sportsbook's way of leveling the field between two unevenly matched teams. Instead of simply picking a winner, bettors wager on whether the margin of victory lands above or below a set number.
Correct score betting is a wager on the exact final score of a match after regular time. To win, your selected scoreline must match the actual result precisely.
A team total bet is a bet on how many points, goals, or runs one team will score in a game. Instead of betting on the combined score of both teams, you are only betting on one team’s scoring output.
The Martingale System is a betting strategy where you increase your stake after each loss to recover previous losses with a future win. However, losing streaks can cause stakes to grow quickly, making it a high-risk approach.
Evens means the profit equals the stake on a winning bet. It is shown as +100, 2.00, or 1/1, depending on the odds format.
An anytime touchdown scorer bet wins if your selected player scores a touchdown at any point during the game. The player only needs to score once, regardless of when it happens.
A Lucky 7 bet combines seven selections into 127 separate bets, including singles, doubles, trebles, and higher accumulators. Unlike a standard accumulator, it offers multiple ways to get a return since not all seven selections need to win.
Six Nations betting means wagering on outcomes in the annual rugby tournament, including match results, tournament winners, and player performances. It involves choosing a market, placing a stake, and settling the bet based on the result.
A bonus ball is an extra lottery number that can increase lower-tier prizes but doesn’t affect the jackpot. It only matters if you match five main numbers.
A betting license is a legal permit that allows companies to offer betting services under regulated standards. Businesses must meet strict requirements and gain approval before operating legally.
A sports betting API connects platforms to real-time odds and sports data in a structured, automated way. It delivers fast updates so apps can display accurate betting information without manual work.
An Alphabet bet is a 26-bet system using six selections to spread risk across multiple combinations. It allows returns even if only some picks win.
A marathon bet is a long-term wager on outcomes decided over a season or tournament, settled only at the end. It offers higher potential returns but requires patience as your stake stays locked.
An open bet is a wager that remains unsettled until the event finishes and the result is confirmed. It can be placed before or during play and may offer options like cash-out before settlement.
An AFL bet is a wager on an Australian Football League match, where you predict outcomes like the winner or total points. Payouts depend on the odds at the time you place the bet.
Opening odds are the first prices a sportsbook posts for a market. They represent the bookmaker's initial assessment of how likely each outcome is, before significant market betting activity has reshaped the line and before the market has had a chance to react.
Best odds, also known as Best Odds Guaranteed or BOG, is a bookmaker promotion that ensures players receive the highest available price on their horse racing bet.
A Heinz bet is a system bet made up of 57 bets from six selections. It contains 15 doubles, 20 trebles, 15 four-fold accumulators, six five-fold accumulators, and one six-fold accumulator. Because there are no singles, you need at least two winners to get any return.
A home win is a bet on the team playing at their own ground to win a match by the end of regular time.
An ace bet is a prop market built around one of tennis's most measurable stats. Aces are tracked consistently at the professional level and counted the same way across every sportsbook, so there is no ambiguity in how the market settles.
A double fault occurs when both serve attempts fail. The server loses the point immediately, and it is awarded to the opponent without any rally taking place. It is the only way a server can lose a point immediately without a rally beginning.
A football pool is a form of betting where participants pay an entry fee, predict the outcomes of a set list of football matches, and compete against each other for a share of the combined prize pot. You are not betting against a bookmaker.
This can include trying to influence a game’s outcome, using insider information for betting gain, or misleading bettors for money. In simple terms, it happens when the betting process is manipulated or compromised.
A Handball Bet is a wager on the result of a Handball match. You can also bet on specific outcomes within the match, such as total goals scored or the winning margin.
A match bet is a wager on the outcome of a sporting event. In football, this usually takes the form of the 1X2 market (home win, draw, or away win), while in other sports it appears as a two-way winner market, such as the moneyline.
A cashback bonus is a promotional offer from a bookmaker where a percentage of a player's losses over a set period is returned to them.
A Grand Salami bet is a wager on the total combined scoring across all games in a league for one day. You simply bet whether the final total goes over or under the sportsbook’s set line.
Hong Kong odds show profit per unit staked using a simple decimal format. They’re easy to convert and help bettors quickly assess value.
Over 10.5 corners is a bet that a match will have 11 or more total corners, with no chance of a tie. It’s based on total corners in regulation time, regardless of which team takes them.
An odds feed is a real-time stream that delivers and updates betting odds across sportsbooks. Premium feeds offer faster updates, wider market coverage, and advanced data features.
The away goals rule decided tied two-legged matches by favoring the team with more away goals. UEFA scrapped it in 2021 as the game evolved and its impact became less fair.
A betting pool (often called "pool betting") is a wagering system where all stakes from participants are combined into a single pool.
An Asian Total is a bet on the total goals (or points) in a match. It's a variation of the standard over/under market.
A straight bet is a simple wager placed on the outcome of a single event or game. It involves betting on one specific result, such as a team to win, a player to score, or a certain total to be reached.
Learn what a jackpot bet is, how pool betting works, and the different types, from football jackpots to horse racing pick bets.
Over 6.5 Goals means the match must have at least seven total goals to win. If it finishes with six or fewer, the bet loses.
Under 5.5 goals wins if a match has five or fewer total goals, with no possibility of a draw due to the “.5” line. It’s a high-threshold bet that covers most scorelines and is settled in regular time only.
Over 1.5 goals wins if a match has at least two total goals. The 1.5 line ensures a clear win or loss with no refunds.
YRFI is a baseball prop bet that wins if at least one run is scored in the first inning and loses if it ends 0–0. It’s the opposite of NRFI, which bets on a scoreless first inning.
A rushing touchdown happens when a player runs the ball into the end zone for six points. In betting, it’s a key stat used in player props and team markets, often influenced by player roles and red-zone usage.
9/5 odds mean you win 9 units of profit for every 5 units staked, implying about a 35.7% chance of winning. They indicate a strong contender that balances decent profit with a relatively solid winning probability.
Under 6.5 Goals wins if a match ends with six or fewer total goals and loses at seven or more, with the .5 ensuring a clear result. It’s a low-risk totals bet that offers a wide safety margin compared to tighter under lines.
Under 0.5 goals means the match must finish 0–0 for the bet to win. Any goal scored results in an immediate loss.
Under 1.5 goals is a bet that wins if a match has zero or one total goal and loses if two or more are scored. It’s a high-risk market with no refunds and is settled only on regular-time goals.
Under 3.5 goals is a bet that wins if a match has three or fewer total goals. The half-goal line ensures a clear result: 0–3 goals wins, while 4+ goals loses.
Under 2.5 goals is a bet that a match will have 2 or fewer total goals, with the “.5” ensuring a clear win or loss. It targets low-scoring games and doesn’t depend on which team wins.
Over 9.5 corners is a bet that a match will have at least 10 total corners in regular time, with the .5 ensuring no push. It’s a popular benchmark market often used in high-attacking matches.
Over 3.5 corners is a bet that wins if a match has at least four total corners in regular time. The “.5” ensures a clear win or loss with no push.
Over 8.5 corners is a football bet where you win if a match has 9 or more total corners in regulation time. The “.5” removes push outcomes, making it a clear moderate-risk option based on corner volume rather than goals.
Over 7.5 corners means predicting a match will have at least eight total corners in regulation time, with no push outcomes. It’s popular because it focuses on predictable factors like playing style and possession rather than goals.
3 to 2 is a betting ratio that pays $3 for every $2 wagered, used in sports betting odds and blackjack payouts. It signals moderate value in betting and fair, low-edge gameplay in blackjack.
A Technical Knockout (TKO) happens when officials stop a fight because a competitor can no longer safely defend themselves. It’s a safety-driven stoppage, usually caused by sustained damage or unanswered strikes.
A Unanimous Decision (UD) happens when all three judges score a fight for the same winner after it goes the distance. It’s the clearest scorecard victory, showing strong consensus and minimal controversy.
Corner betting focuses on predicting corner kick outcomes instead of goals or match winners. It’s often more predictable because corner counts follow team tactics and match pressure patterns.
House edge is the built-in mathematical advantage casinos and sportsbooks have, representing the percentage of each wager they keep long term. Understanding it helps players choose smarter bets and reduce losses.
Rule 4 is a horse racing adjustment applied when a horse is withdrawn after final declarations. It reduces the potential profit on existing bets to reflect the smaller field and the increased chances of the remaining runners.
A Lucky 63 is a type of accumulator bet offered by UK bookmakers that involves six separate selections. It combines 63 individual bets: six singles, 15 doubles, 20 trebles, 15 four-folds, six five-folds, and one six-fold accumulator.
A progressive parlay is a multi-leg bet that can still pay out even if one or more picks lose. Unlike a standard parlay, it offers loss forgiveness, with the number of allowed losses and payouts set by the sportsbook.
Virtual sports betting is a form of online gambling where players place wagers on computer-generated simulations of real-world sports events.
A Duet bet is a horse racing wager where you select any two horses to finish among the first three placings. Your bet is successful if your two selections occupy any two of the top three positions, regardless of the order.
A Quinella is a horse racing bet where you pick two runners to finish first and second in any order. The order does not matter.
In UK betting slang, a monkey refers to £500. It is used to describe the amount of money being staked, rather than a specific type of bet or betting strategy.
Stay ahead of the betting markets with The Steam Report - your monthly digest of advantage betting insights, industry news, and user results from the sharpest minds in betting.