Sports betting glossary

Here we have a glossary with the main expressions used in the world of sports betting so that you have no doubts when making your bets.

Action

Having action means that a bet is going to win or lose. In baseball, for example, action means that the bet is valid even if the starting pitchers are changed.

Bet

Making a bet means betting money on a result of a specific event.

Betting volume

The total value of money the bookmaker receives for an event.

Voided Bet

Also known as null, it means void or invalid bet. This occurs when there is no defined result and the game is canceled. Your staked money is refunded to your account.

Parlay

A simple bet that relates to at least two individual bets, which can be of different or same sports and championships. However, there is a dependency between them, that is, when you place a parlay, all selections must be winners for your bet to be considered as won. If you do not win any of the selections, the entire parlay is lost.

Bets in the first half

Bets made only in the first half of a football or basketball game (including the extension time).

Bets on the second half

Bets made only in the second half of a game of football or basketball. The score from the half time to the end of the game is used to settle bets (including the extension time).

Exotic Bets

Any bets that are not simple or combined (for example teaser, conditional, inverse or system bets) are considered exotic.

Future bets

Betting on the outcome of a future event. Future bets are generally placed on major events such as the FIFA World Cup.

System bets

A system is a quick and easy way to create multiple combination bets, or parlays, at the same time. You can select between three or eight bet lines and combine two to six teams. The advantage is that you need to have just one winning combination to receive your money throughout the system (round robin).

Simple bet

A bet on the result of an event or game.

Teaser bet

Combination of 2 to 10 American football or basketball bets in which you adjust the betting line or the total in your favor, in exchange for a lower payment. To win you need to win all the bets made.

Arbitration (betting technique)

To distribute the stakes in different betting houses and betting only on houses with the best odds.

Bonus

Advantage granted in a certain bet or promotion.

House

The place where bets are placed.

Double chance

A double chance bet is when with just one bet you have two possible outcomes. In this case, the odds are lower but the chances of winning are higher.

Odd

The value that the house will pay you in the bet.

Coupon

The coupon is located on the right side of the Sports area and is where the player can check their bets and enter the value to bet.

Smart money

Bets made based on the opinion or information of sports betting specialists.

Dnb / Draw no bet

In the event that there is a tie in the game wagered, the money is 100% returned. The market is quite attractive since the risk rate is very low. On the contrary, the odds offered are also quite low.

Draw (push)

When a player or team leaves the game before it ends, the bet amount can be fully refunded.

In addition to that, a tie is considered when:

- The final score of the event is a tie.

- The adjustment of the points creates a tie (in the event that your bet is handicap and its value is an integer).

- The final combined score is equal to the specified total (in the event that your bet is more than / less than a whole number).

Event

Any sporting occasion or situation in which you can bet.

Line specialist

The person who studies, classifies or bets on sporting events or other markets.

Favorite

The team expected to win at a sports event.

Full time

A full time bet involves betting on the final result of the game.

Goal

It is the most important thing in a soccer game and it happens whenever the ball completely passes the barrier.

Grand salami

The number of goals of all hockey games played on a particular day. You can bet if the Grand Salami will be higher or lower a certain amount.

Handicap

The handicap is the initial advantage or disadvantage that bookmakers give the likely loser or winner. The favorite must win by more points than those determined by the handicap for bets to win. The loser has the advantage to win the bet.

HT / Half time

Half a game.

Sides

The two teams that play in an event: possible loser and favorite.

Listed pitchers

Pitchers who are numbered to start a baseball game.

Limit

The maximum value accepted by the house before the odds or points change. It is also the limit on what you want to bet on.

Betting line

The odds of something happening in a particular event. Options a player can bet on.

Correlated line

Two linked betting options, where the outcome of one can influence the outcome of the other. Due to this probability, correlated lines cannot be included together in a combined type bet. In baseball, the running lines and totals always correlate. In soccer and basketball, where the correlated lines are less frequent, we identified the lines that have a blue box. Two or more lines surrounded by this blue box (and therefore correlated) cannot be included in the same type of combined bet.

Opening line

The first published fee for a particular event.

Line per room

A bet made on ¼ specific to a game of American football or basketball. Extra time does not count for betting in the last quarter of a basketball or soccer game.

Line at fifth inning

Bet placed only on the first five innings of a baseball game.

Equitable profit

Bet in which the value of the payment is equal to the value wagered, meaning that the odds are 2.00.

Over

A bet in which you anticipate that the combined score of both teams will be greater than a specific total.

Under

A bet in which you anticipate that the combined score of both teams will be less than a specific total.

Multiple single bets

Multiple bets placed at the same time. Bets can be on the same or different sports, leagues or parts of a game. The amount you bet on each one can also be the same or different.

Null

Void or invalid bet.

Even / Odd full

To win in this option you need to define whether the number of goals in a game will be odd or even.

Price

Odds or outcome of betting lines.

Postponed

Event canceled or rescheduled for a later date. When a game is postponed or one of the teams leaves the game or is canceled, it is necessary to wait 48 hours for the bet to be updated. If the game is played again within this period, your bet will continue to be valid, if not, its value will be refunded to your account.

Push

Bet a higher value on the costume.

Odds

The chances of a result occurring.

Possible loser

The team expected to lose in a specific event. Also known simply as "loser”.

Betting purpose

A bet with two or more outcomes that are not directly related to the outcome of an event. Bets can be placed on sports, political or entertainment events.

Refund

Return of the value of a bet. It can happen in cases of a tie (push) and when the outcome of the bet cannot be determined.

Correct result

To win this option, it is necessary to match the outcome of the game.

Risk (bet value)

A risk is the value of the bet, that is, the risked value when betting.

Runline

Term used exclusively for baseball. The runline is equal to the point spread and the handicap in other sports.

No action

When a bet is canceled due to an event that did not happen, such as, for example, a game canceled due to rain. In these cases, the money wagered is fully refunded.

Sports betting site

Person or company that accepts sports betting or other events.

Super bowl

American football game in which the champions of the American Football Conference (AFC) and the champions of the National Football Conference (NFC) meet to determine who is the champion of the National League Soccer (National Football League - NFL).

Stake

The value of the bet, the risked money in the bet.

High stakes - high value bet.

Low stakes - low value bet.

Team

Group of people making up a team.

To bet

It involves betting your money on the results of an event.

Extra time

Game period disputed after the end of a game in which the winner has not yet been determined. It can be until the winner is determined (as in basketball) or for a specific time (as in football).

Total points / goals

The combined score of both teams playing an event. Instead of betting which team will win, you can bet whether the final score will be higher or lower than the specified value.

Zebra

The term bet on the zebra is very common in the Sports area. Zebra in Sports means deigning an unexpected result. For example, the victory of the weakest team against the strongest.