Player’s Dictionary in Sports Betting – Your Complete Guide

Starting your journey in sports betting can be challenging without understanding the basic terms. Just like learning a new language, knowing the lexicon of betting is crucial for effective communication and informed decision-making. In this guide, we will explore key terms to empower you in your journey on BETCRED.

Terms Starting with A

All-In: Betting your entire bankroll, a high-risk move that can result in significant wins or large losses. ⚠️

In-Play: Bets placed in real-time during a match, offering dynamic opportunities based on the ongoing events.

Single Bet: A direct bet on a single market, with lower returns but a higher probability of success.

Double Bet: Combining two independent bets into one, offering moderate returns with a slightly lower chance of success.

Accumulator: Involves three or more markets, offering high returns but with a greater risk of error.

Both Teams to Score: Predicting that both teams will score goals in a particular match. ⚽

Terms Starting with B

Back: A bet that supports a specific outcome.

Losing Streak: A run of unsuccessful bets, highlighting the importance of resilience in sports betting.

Bankroll: The total sum of funds available for betting, crucial for effective bankroll management.

Betting Exchange: Platform where bettors trade directly with each other, unlike traditional betting against the house.

Terms Starting with C

Cash Out: Feature that allows you to close a bet before the event is over, providing flexibility and risk management.

Bookmaker: Outlet offering sports betting, casino games, and other forms of gambling.

Correct Score: Bet on the exact final score of a match. 🎯

Terms Starting with D

Deposit: Adding funds to your betting account through various payment methods.

Double Chance: Betting on two of the three possible outcomes of a game, reducing the risk.

Terms Starting with E

Draw No Bet: A bet that refunds the stake in case of a draw.

Specials: Unique bets that don’t fit into traditional markets, such as predicting a player transfer.

Terms Starting with F

Freebet: A free bet provided by bookmakers, usually as part of a promotion.

FT (Full Time): Refers to the total duration of a match, important for certain types of bets.

Favourite: The team or outcome with the highest chances of winning, according to the odds.

Terms Starting with H

Half-Time (HT): A bet that considers only the first half of a match.

Handicap: A way to level the betting field by giving an advantage or disadvantage to one of the teams.

Asian Handicap: A variation of the standard handicap, using fractions to add complexity.

Terms Starting with L

Lay: To bet against an outcome in a betting exchange, meaning you bet that something won’t happen.

Liquidity: Refers to how much of the market is available for bets and trades.

Profit: Gains obtained through successful bets.

Terms Starting with M

Martingale: A betting scheme that involves doubling the bet after losses until a profit is made.

Market: Types of bets available on a sports event, such as 1×2, total goals, etc.

Terms Starting with O

Odds: Quotations indicating the probability of an outcome and the possible return.

Over / Under: A bet predicting if a total will be over (over) or under (under) a specified number.

Terms Starting with P

Even or Odd: A bet predicting if the total points/goals will be even or odd.

Pre-Match: Bets placed before the event starts, unlike in-play bets.

Probability: Measure of the chances of a particular outcome occurring.

Terms Starting with R

Red: Indication of a loss in betting.

Rollover: Betting requirements that need to be met to release bonuses and promotions for withdrawal.

Terms Starting with S

Stake: The amount wagered on a particular bet.

Balance: Total funds available in the bookmaker account for placing bets.

Terms Starting with T

Tip: Betting advice or suggestion based on game analysis.

Tipster: Expert providing betting predictions and tips, either paid or free.

Trading: Activity of buying and selling bets on a betting exchange.

Trader: Bettor specializing in sports trading, unlike a Punter who bets directly against the odds.

Terms Starting with U

Underdog: The less favored team to win an event.

Terms Starting with X

X: Represents the bet on a draw in markets like 1×2.

Mastering the language of sports betting is essential for a successful journey. At BETCRED, each term opens new possibilities, strategies, and opportunities for success. Now that you know the key terms used in sports betting, you are ready to navigate a fast, secure, and comprehensive gaming environment. Good luck with your bets!