Betting Glossary

A bet that is more likely to happen than not. If you think Kansas is more likely to beat Oakland than Oakland is to beat Kansas, then Kansas is considered the favorite for the match.

A term that describes all possible selections in a betting market.

A bet that focuses on the result of the first half of a game. This is a common bet in basketball, football, and soccer.

A bet that focuses on the likelihood of a player scoring the first goal, last goal, or any goal during the match. These are commonly found in ice hockey and soccer betting.

A term used to describe odds that do not move once a bettor has made a wager. If you bet on Pittsburg to win at +250, those odds are fixed. Even if the price moves to +300, the original bet is locked in at +250.

The recent run of results of an athlete or a team. Bettors use this to try and predict the outcome of their next game.

Fractional odds are one of the “big three” odds systems that people use. It uses a fraction system where the number on the left shows the amount you win, and the number on the right shows your required stake. For example, odds of 7/2 means you will win $7 from a $2 stake.

A bet that is made on the outcome of an event that will happen in the future. These bets are usually made on the winners of a particular trophy over the course of a season, like the Super Bowl or the Stanley Cup.