A perceived advantage a bettor may have over a sportsbook.
Also known as liability. Refers to the maximum amount a sportsbook can lose on a single match.
A type of measurement to gauge expected wins or losses over time.
Also known as a prop bet. Refers to any wager other than a straight bet or parlay.
A type of bet in horse racing where you pick both the first and second place horses.
A wager that gives the bettor back his or her original investment.
Also known as decimal odds. European odds display odds in either decimal or fraction form.
A special feature on select online sportsbooks where you can take out a certain amount of money before the match is finished.