Betting Dictionary

You may notice that there are many important terms and phrases relating to the football betting world. Of course, these aren’t words that you will have come across without having participated in sports betting before. To add to this, there are multiple different bets that you can place, and these all have a different meaning, as well as a different requirement for winning them. Reading through this page will allow you to learn about some of the most common phrases you’ll come across.

So, to find out what backing and laying mean, what cashback and moneyback mean or what arbitrage and equivalent are explained as, this is the right place to be.

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Results for the letter "a":

Accumulator Bet

A combo bet. An accumulator bet is a combination of four or more single bets which are combined to offer bigger odds and potentially bigger winnings. The main difference of an accumulator bet is that if any part of your bet doesn't come true, the bet will not pay out. Technically, a double or a triple bet are considered an accumulator, but most bookmakers refer to a combination of four or more combined bets when using the term.

Against the spread

Any bet where, rather than backing a winner, you back a selection to cover the spread.


An abbreviation for the handicapping term “average opponent power rating.

Arbitrage Betting

A betting method where a bettor places a bet on every possible outcome with different bookies. Arbitrage betting,  is taking advantage of the variation in odds offered by different bookmakers, and calculating an appropriate stake level which ensures that any losses are covered by winnings in every other possible outcome.

Asian handicap

Asian handicap - Asian kind of a handicap. Asian handicaps are a way of betting that level the playing field between runners or teams. As the name says it, Asian handicaps are often used in football betting in the Far East. Contrary to normal handicaps, this format gives punters the option to bet on half numbers as well as whole numbers. Asian handicaps allow for ¼ goals, ½ goals and ¾ goals.

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