Betting Slang Glossary
This comprehensive glossary deciphers common betting slang, helping you understand the jargon used in the world of wagering. From “accumulator” to “underdog,” we’ve got you covered.
Common Betting Terms
Accumulator (Acca)⁚ A single bet that combines multiple selections, requiring all to win for a payout.
Banker⁚ A confident selection considered almost certain to win, often included in accumulators.
Chalk⁚ The favorite to win; the selection with the shortest odds.
Dog⁚ Short for “underdog,” referring to the selection considered less likely to win.
Double⁚ A bet involving two selections, both of which must win for a return.
Evens⁚ Odds of 1/1٫ where a winning bet returns the stake plus an equal amount as profit.
Handicap⁚ A system where points or goals are added to or subtracted from a team’s score to even out the competition and adjust odds.
Juice⁚ The commission or profit taken by the bookmaker on bets, also known as the “vig” or “overround.”
Longshot⁚ A selection with high odds, considered unlikely to win but offering a potentially large payout.
Odds-on⁚ A bet where the potential profit is less than the stake because the selection is considered highly likely to win.
Punter⁚ A person who places bets, typically used in the context of horse racing and sports betting.
Treble⁚ A bet with three selections, all of which must win for a return.
Value Bet⁚ A bet where the odds offered are perceived to be greater than the true probability of the outcome, presenting an opportunity for profit.
Horse Racing Slang
All Weather⁚ Refers to racing on artificial surfaces like those at Lingfield and Wolverhampton, allowing for racing regardless of weather conditions.
Ante-Post⁚ Betting on a race well in advance, often at higher odds but with the risk of the horse not running.
At The Post⁚ Indicates the horses are at the starting line, ready for the race to begin.
Colt⁚ A male horse under five years old.
Dam⁚ The mother of a horse.
Filly⁚ A female horse under five years old.
Going⁚ Describes the condition of the racetrack, such as “good to soft” or “heavy,” affecting horse performance.
Handicap Race⁚ A race where horses carry different weights based on their perceived ability, aiming to even out the competition.
Maiden⁚ A horse that has never won a race.
On The Nose⁚ A win-only bet on a horse, as opposed to an each-way bet.
Place⁚ To finish in the top few positions (usually 2nd٫ 3rd٫ or 4th)٫ depending on the race type and bet conditions.
Selling Plate⁚ A race where the winning horse is often put for sale after the competition.
Stewards’ Inquiry⁚ An investigation by race officials into possible rule violations during a race, potentially affecting the final result.
Tipster⁚ An individual who offers advice or predictions on horse racing, often for a fee.
Sports Betting Slang
Accumulator (Acca)⁚ A single bet that combines multiple selections, requiring all to win for a payout. Also known as a parlay or multiple bet.
Banker⁚ A very confident selection within an accumulator or multiple bet.
BTTS (Both Teams to Score)⁚ A popular bet type, particularly in football, where you wager on whether both teams will score at least one goal.
Chalk⁚ The favorite to win, often indicated by the lowest odds.
Cover⁚ When a team wins by more than the point spread, covering the spread for bettors who wagered on them.
Dog⁚ Short for “underdog,” referring to the team or player considered less likely to win.
Edge⁚ An advantage a bettor believes they have, often based on knowledge, analysis, or a perceived mispricing of odds.
Full-Time Result⁚ A bet on the outcome of a match at the end of regular time, excluding extra time or penalties (unless specified).
Handicap⁚ A points advantage or disadvantage given to a team or player to level the playing field, affecting the odds and potential payouts.
In-Play Betting⁚ Wagering on a sporting event while it’s in progress, with odds fluctuating based on the live action. Also known as live betting.
Over/Under: Betting on whether the total combined score of both teams or players will be over or under a predetermined value set by the bookmaker.
Push⁚ A tie between the bettor and the bookmaker, typically resulting in a refund of the stake.
Sharp⁚ A knowledgeable and experienced bettor who is perceived to have a strong understanding of odds and betting markets.
Online Gambling Slang
Bonus Hunter⁚ A player who strategically signs up for online casinos primarily to take advantage of welcome bonuses and promotions.
Comp Points⁚ Loyalty points awarded to players for their wagering activity, often redeemable for bonuses, cash, or other perks.
Fish⁚ An inexperienced or unskilled online gambler, often seen as an easy target by more seasoned players.
Grind⁚ To play online casino games or poker for extended periods, often with the aim of accumulating small but consistent profits.
High Roller⁚ A gambler who wagers large amounts of money, often receiving VIP treatment and exclusive benefits.
House Edge⁚ The statistical advantage the online casino has over players in any given game, ensuring long-term profitability for the house.
RNG (Random Number Generator)⁚ A crucial software algorithm used in online casino games to ensure fair and unpredictable outcomes.
Rollover Requirement⁚ The number of times a bonus amount must be wagered before it can be withdrawn as real money. Also known as a wagering requirement.
Tilt⁚ A state of emotional frustration or anger, often after a series of losses, leading to poor decision-making in online gambling.
Variance⁚ The degree of fluctuation in short-term gambling results, with high variance games leading to more significant swings in winnings and losses.
Whale⁚ Similar to a high roller, but often referring to players who wager exceptionally large sums of money, often attracting special attention and incentives from online casinos.