Asset 1 Presents: The Complete Betting Glossary

Football Terms

Accumulator (parlay): An accumulator bet refers to a multiple bet, placed on a series of events. You have to win all selections to make a profit. The risks are high but so are the returns. 

Against the spread: Used for spread betting, where you choose a team who will cover the spread but not win the match.

Brace: A player scores more than two goals in the same match.

BTTS: Refers to both teams to score, and placing money on each.

Correct score: Predicting the correct score of the match from over 20 various outcomes.

Covering the spread: The exact same as going against the spread, but with the team winning the match.

DNB/Draw no bet: Your betting on the end result of the game, with the stake returned if the match ends in a draw.

Half time/full time: Bets placed on the half time result, and the full-time result.

Handicap: Handicap betting can refer to a number of sports. You bet on the outcome of the event, where one team has received a points start. The bet is settled on the virtual outcome after applying the handicap result.

Match bet: A bet placed on the result of a match, either full time or part time.

Number spread: The total number of goals in one match.

Point spread: This refers to the points advantage for a team, provided by a bookmaker before the game starts.

Scorecast: Placing money on two bets in one game. For example, placing money on the first goalscorer and half time result.

Spread betting: A team has been given a handicap (see above) before the match starts, and your profit depends on the final point or goal difference to the end result.

U/O: Bookies provide a number for a game, and you bet whether the final result in the game, for example, will be under or over that amount.

Yankee: A Yankee refers to a multiple bet on four selections, totalling 11 bets. The bets are 6 doubles, four trebles and an accumulator.

Horse Racing Terms

Also ran: A term referring to a horse in a race, but not among winners (first or place).

Ante-post: Ante-post betting involves all bets placed before the start of the race (can also refer to other sports).

Bar: This is a betting term regarding 50/1 odds for a horse, or higher, and not mentioned in the betting forecast.

Beaten favourite: The horse was a beaten favourite last time out.

Dead-heat: A dead-heat occurs when the photo finish cannot determine the outcome of the race.

Ducking: A specific bookmaker offers shorter odds on an individual horse to avoid bigger liabilities.

EW/Each way: Each way refers to a bet that has one half to win, and the other to place.

Early price: Early prices are incentives from bookmakers, offered for races held that day.

Fell: A horse has fallen during the race and doesn’t finish. Many bookies offer promos to cover this issue.

Going to post: The horses are on their way to the start of the race.

Handicaps: Horses are allocated different weights in races to avoid any disparities between horses and their abilities.

Length: Measuring the length of a horse from nose to tail, with a winning distance declared in lengths.

NRNB/Non runner no bet: If a horse doesn’t run in the race, your stake is refunded and the bet is void.

On the Nose: Placing an outright bet on the horse to win the race.

Photo finish: A photo finish determines the end result of a race when the distance between first and second is exceptionally close.

Rule 4: When a horse is withdrawn from the race, and there isn’t enough time to produce a new market, the remaining horses are subject to deduction should they come first or place in the race.

Round Robin: The Round Robin bet refers to a three selection wager, featuring 10 bets – three doubles, one treble and three up and down single stakes.

Reverse forecast: You predict two horses to come in first and second, but not in any order.

SP/Starting price: This is the price of a horse when the race starts.

Straight forecast: You have to predict the top two horses in the race, and the correct order for first and second.

Terms with bet: This is used with ante-post racing, offered so punters can get place terms are the time of bet development.

Tricast: You bet on the top three horses and their order of finishing in the races.

Boxing Terms

Distance: This refers to betting markets on if the fight will go the distance.

Draw/Technical draw: The fight ends in a draw outright, or based on a technical decision.

DQ/Opponent disqualified: One fighter is disqualified, usually due to repeated violations and or fouling the opponent. If both are disqualified, the fight is deemed as a ‘no contest’.

KO/Knockout: One of the fighters is knocked out and can’t beat the referee’s count.

MD/Majority decision: Two of the three judges vote in favour of one of the fighters, and the third for the opponent, ending with a majority decision for the result.

Moneyline: Your chosen fighter must win the bet outright for you to make your profit.

Outright: This refers to betting on a fighter to win the event outright.

RTD/Opponent retired: The opponent retires from the match as they are not deemed fit enough to continue.

Round betting: This refers to betting on specific rounds, including KO in round 8 etc.

SD/Split decision: Two of the three judges score one fighter to win, but the other judge votes for the opponent.

TD/Technical decision: This, generally, refers to a fight stopping as one fighter cannot continue. The fight must reach a certain number of rounds before the decision goes to the judges, who will decide on the winner. If the fight does not reach the numbered rounds, it’s labelled a technical draw.

TKO/Technical knockout: A fighter is knocked out but gets up to beat the referee’s count, yet the fight is suspended as they are no longer physically able to continue.

Total rounds: Bets on the total number of rounds in the fight.

U/O rounds: You bet over or under the statistics provided by a bookie before the fight.


2 ball/3 ball: Betting on the winner with the lowest score across 18 holes.

36 holes 3 balls: Placing money on the player to walk away with the lowest score over 36 holes.

Birdie: A score of 1-under par.

Bogey: A score of 1-over par.

Eagle: A score of 2-under par.

Hit the green: Betting on the player to hit the green, can include ‘hit the green in two or three shots bets’ and ‘hit the green in regulation’.

Hole group winner: The bets are placed on a score over a specified group of holes, such as 1-10 etc.

Hole-in-one: Betting on the player to make a hole-in-one.

Make/miss cut: This refers to bets on tournaments with a cut on holes applied. If both players miss the cut, the player with the lowest score after the cut has been made is declared the winner.

Margin of victory: This refers to the number of strokes the winner beats the runner-up of the tournament.

Mythical 2 and 3 balls: Betting on the lowest score across certain players, either betting on two or three players.

Next hole winner: You are putting money on which player will achieve the lowest score on the next hole.

Par: The number of strokes a player requires to complete a hole.

Place 1st, 10th, 20th…: These bets refer to the finishing positions of certain players, and the types of bets can vary at each bookmaker.

Round leader market: This is a bet on the round leader of a tournament, and is a solid alternative for those unsure of whether to place an outright bet.

Tournament group betting: The player with the highest placing in the groups.

Tournament match betting:  The player placed the highest at the end of the tournament.

Two/Three chances to win: Betting on whether the two, or three, named players will win the tournament.


50/100 Breaks: This refers to two types of bets, where you bet if there will be a 50 or 100 break in the match. Alternatively, you can bet on the number of 50/100 breaks there will be in a match.

Three successive frames: Money on which player will win three successive frames. If the statutory number of frames is not fulfilled, your bet will be void.

Century markets: Betting whether a century will be scored in the match.

Deciding frame: Betting on the player to win the deciding game (or frame).

First balls potted: There are multiple bets available for this market, including first colour ball, first red and first red in which pocket.

First frames: Betting on who will win the first frames in the snooker tournament.

Highest break: Another bet with multiple markets, such as highest break in match, tournament and highest break score. You are betting on the player to make the highest break.

Leader after first four frames: The player to take the lead after the first four games, and this number can vary with different bookmakers.

Next/Current frame winner: Betting on the player to take the current frame and the next. If the frame starts but isn’t completed, the bets will be void.

Number of frames: Betting on the number of frames in a match.

Reach the final: You are putting money on the nominated player to reach the final of the tournament.

Session betting: Session betting refers to a number of markets. Session winner predicts the result over a specified mini session. Session correct score offers bets on the final score of the mini session. Session handicap involves guessing the result of a mini session, with a handicap applied.  

Quarter betting: This refers to a bet placed on the winner of the quarter, progressing to the semi-finals.


170 finish: This is the highest three dart finish a player can make, and you are betting whether there will be a 170 finish in the market.

First 180: You can back one of the two players to make the first 180 in the match.

First six legs correct score: You are betting on the correct score of the first six legs in the match. Without all six legs completed, the bet will be made void.

First six legs winner: Similar to the above, you are betting on the winner of the first six legs.

First leg missed doubles: This refers to the number of attempts the players have missed at doubles before one of them is successful.

Highest match checkout: The checkout is the final three darts thrown to win the leg, ending on a double. You’re betting on what you think the checkout will be for the match.

Highest player checkout: This is the same as the above, but you are betting on what the player checkout.

Match winner: You’re betting on the results of an individual match and the winner to take home the title.

Most 180s: A 180 is the maximum number you can make with three darts, and you are betting on the player to make the most 180s.

Nine dart finish: Nine darts are the fewest amount of darts you can use to win a leg, and you are betting on whether there will be a nine dart finish in the match.

Player 180s: Instead of betting whether there will be 180s in the match, you are betting on the player to hit a 180 and how many.

Player average: You are betting on the final three dart average for the player.

Total 180s: The total number of 180s in a match.

Tournament winner: The overall winner of the tournament.

This piece of knowledge is proudly brought to you by