A bet on a horse to win, place, and show. The bettor collects in three ways: 1) if the horse wins; 2) if second, two ways (place, show); 3) and if third, one way, losing the win and place bets. This strategy includes three bets.
Stands for “Against the Spread.” Used when citing a team’s point spread in football or basketball.
A system devised for soccer betting due to the number of games that tie. Asian handicaps are set in full, half, or quarter goal increments, and the chosen side must win by a certain amount of goals for the bet to payout.
A betting strategy that involves betting on both sides of a game separately to ensure a profit on at least one bet.
Also known as U.S. odds. This system displays odds in the hundreds and thousands with a plus (+) or minus (-) rather than fractions. If a team is a 3/1 underdog, in American odds, that would be displayed as +300.
Different point spread or totals options from the standard line to provide players with more variety of bets.
An individual who refers customers to a sportsbook for commission.
Can refer simply to a bet.
An accumulator is a common terminology in the European betting market. Accumulators are also known as “parlays” and refer to multiple individual bets tied together for a larger payout. All games in an accumulator must win in order for the bet to pay.