Betting Glossary (A-Z)

Betting has a language of its own. This A-Z glossary defines the terms you will meet most often, with links to fuller guides. Use it as a quick reference whenever a term is unfamiliar.

A - D

• Accumulator (acca / parlay) — several selections in one bet; all must win. See accumulators.
• Ante-post — a bet placed well before an event.
• Asian handicap — a two-way handicap that can refund or split stakes. See handicaps.
• Bankroll — the money set aside for betting.
• BTTS — both teams to score. See BTTS.
• Cash out — settling a bet early for an offered value. See cash out.
• Decimal odds — odds showing total return per unit. See odds.
• Double chance — covering two of three outcomes. See double chance.

E - L

• Each-way — a win bet plus a place bet. See each-way.
• EV (expected value) — whether a price is favourable long term. See value.
• Favourite — the most likely outcome, at shorter odds.
• Handicap — a virtual head start or deficit. See handicaps.
• Implied probability — the chance a price reflects (1 ÷ decimal odds).
• In-play — betting after an event starts. See in-play.
• Line — the handicap or total set by the book.

M - R

• Moneyline — a straight bet on the winner. See moneyline.
• Over/Under — a bet on a total. See totals.
• PK (pick'em) — no handicap; pick the winner. See betting numbers.
• Point spread — a margin-based handicap. See spread.
• Push — a tie against the line; stake refunded. See void & push.
• Round robin — selections split into many parlays. See round robin.

S - Z

• Stake — the amount risked on a bet.
• System bet — full-cover bets like Trixie and Yankee. See system bets.
• Underdog — the less likely outcome, at longer odds.
• Value — odds higher than the true probability. See value betting.
• Void — a bet that cannot be settled; stake refunded. See void & push.
• Wagering requirement — rollover on a bonus. See wagering.

🔞 18+ only. Examples are hypothetical and for explanation only — they are not betting advice or real odds. Please gamble responsibly.

FAQ

A push is a tie against the line on a whole-number handicap or total. The stake is refunded with no profit or loss.

EV is expected value — whether a price is mathematically favourable over the long run, based on the implied probability of the odds.

Implied probability is the chance a price reflects. For decimal odds it equals 1 divided by the price — for example 1 ÷ 2.50 = 40%.

Last updated: 2026-06-15