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 "s":

Settled Bets

Bets where the game has finished and the results are available

Single

The easiest and most popular type of a bet. A single bet consists of only one bet. So, you pick an outcome of the match, guess it correctly, and you will earn a profit. It’s just that simple.Your winnings will be determined on the amount of money you wager and the odds of the market you’ve selected. If your selection wins, your wager will be multiplied by the odds and you will get the amount plus your wager. This means, the higher the odds, the bigger your profit. Sportsbooks generally offer higher odds on the less likely outcome.

Sportsbook

An establishment that accepts wagers on sporting events

Spread betting

Spread betting rewards the accuracy of your prediction, the closer the result to your predicted outcome the more the pay off. This is different to fixed odds betting where you know what the payout will be when you place the wager Generally fixed-odds online bookmakers do not offer spread betting on sport and you may need to sign up with specific spread betting sports sites for this purpose. 

Stake

The amount of money you place on the bet

Straight Bet

Another way to say "single bet".

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