Accumulator
An accumulator is a combination of
bets where all events must win for you to win the bet.
Ante Post
A bet that is placed far in advance of an event happening. This usually means more than a week before the events happens. If the team/individual does not take part in the contest, you lose your money anyway. The equivalent of the futures market for stocks.
Apple
Derisive term used by bookmakers to describe those customers that they can take advantage of by giving bad odds.
Asian Handicap
Also known as the
HANG CHENG. Used to balance two sides and remove the DRAW from the game.
Backed
When a bookie takes lots of bets on a team or an individual, it is said that they have been backed. The odds will usually shorten because of the money bet on the team.
Back Door
Last minute score which doesn't affect the result but changes the spread results.
Banker
A very strong selection that the bettor is relying on, often for the rest of the
accumulator to be valid.
Beard
Another person who places bets for someone who has been banned from a bookies, or who doesn't want it to be known that he bets.
Bookie
The bookmaker. The person who takes your bets. The enemy.
Canadian
Five events, with 10 doubles, 10 trebles, 5 fourfolds, and a fivefold i.e. 26 bets.
Chalk
A favourite.
Chalk Player (Eater)
Someone who usually only plays the favoured teams, rarely betting un the underdogs.
Dog
Underdog
Dog Player
Someone who mostly plays the underdog, normally looking for long odds.
Drift
When the odds on a team get longer.
EACH WAY
UK term for betting on a team or individual to win and place (most often seen in horse racing). In football could mean a team finishing the season at the top of the league or in the top three.
Edge
Advantage.
Favourite
The team that the bookies rate most likely to win. Normally has the shortest/lowest odds.
Form
How well a team is performing.
Hedging
Placing a bet on opposite side in order to cut loses or guarantee winning a minimal amount of money.
Holding Your Own
Winning as much as you are losing.
Home Dog
A home team that is an underdog.
Home Favorite
A home team that is a favorite.
Jolly
Bookmakers slang for the favourite.
Lengthen
When a bookie gives better odds to entice more people to bet on an event.
Lock
Easy winner.
Long Shot
A team that is unlikely to win.
Goliath
Eight events with 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, eight sevenfolds and an eightfold i.e. 247 bets.
Heinz
Six events with 15 doubles, 20 trebles, 15 fourfolds, six fivefolds and a sixfold i.e. 57 bets.
Lucky 15
Four events, with four singles, six doubles, four trebles and a fourfold i.e. 15 bets. Often comes with a bonus percentage.
Lucky 31
Five events, with five singles, 10 doubles, 10 trebles, five fourfolds and a fivefold i.e. 31 bets.
Lucky 63
Six events with six singles, 15 doubles, 20 trebles,
15 fourfolds, six fivefolds and a sixfold i.e. 63 bets.
Odds
A ratio given by the odds maker representing the amount of payoff compared to the amount of bet.
Odds Compiler
Person who sets the odds for the bookies.
Odds-on
Any bet with odds of less than evens (2 in European odds).
Parlay
American term for an accumulator.
Patent
Three events, with three singles, three doubles and a treble i.e. seven bets.
Spread betting
Betting on the amount of something rather than the result e.g. the bookmaker says that that there will be 10-12 corners during a game. You say that there will be more, so for every corner more than 12 you win £10, but for every corner under 12 at the end of the match you lose £10.
Super Heinz
Seven events with 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, seven sixfolds and a sevenfold i.e. 120 bets.
Toss Up
Game in which both teams appear to have an equal chance to win.
Trixie
Three events, with three doubles and a treble i.e. four bets.
Value
Getting really good odds for a match e.g. you feel Man United will definitely beat Arsenal, but the
bookies give it evens.
Yankee
Four events, with six doubles, four trebles and a fourfold i.e. 11 bets.
|
