Glossary
Accumulator Insurance
A promotional offer where, if one leg of an accumulator bet fails, the bettor gets their stake refunded as a free bet.
Action (Casino term)
The activity or total money wagered at a casino. Also, a dealer’s prompt to indicate it’s a player’s turn to make a move.
Action (Sports betting term)
A baseball bet placed without naming a specific pitcher. Also describes the volume of bets placed on a particular event.
Advance-Deposit Wagering (ADW)
A system where users deposit money into their betting account in advance and use those funds to place bets online.
Against the Spread (ATS)
A way to evaluate an event’s outcome by factoring in the point spread. Also refers to choosing to take points instead of betting with or against the spread.
All-In
When a player bets all their remaining chips in a single wager.
Alphabet bet
A term for a bet involving six selections, comprising 26 total wagers: one yankee (11 bets), two patents (14 bets), and one six-fold accumulator (1 bet).
Arbitrage
Exploiting differences in odds to bet on all sides of an event, ensuring a profit regardless of the outcome.
Arbitrage betting
A strategy of placing bets on every possible outcome of an event to secure a guaranteed profit.
Asian Handicap
A betting system in soccer where teams are given goal advantages or deficits (e.g., +0.5 or -1) to balance odds, reducing the chance of a push.