Glossary

Betting against a team or outcome that is heavily favored by the public, often based on perceived overvaluation.

The team or competitor predicted to triumph in a contest.

The balance due to or from a bookmaker based on betting outcomes.

The last four teams competing in the NCAA basketball tournament.

A wager placed solely on the outcome or performance during the initial half of a game.

A predetermined bonus amount awarded by a casino to a player upon meeting a minimum deposit requirement (e.g., deposit at least $10 to receive a $20 bonus).

Pre-set odds offered for betting, commonly applied to sports event outcomes.

A complex horse racing wager involving 23 bets across four selections, encompassing singles, doubles, trebles, and a fourfold accumulator.

Placing consistent wagers of the same amount for each bet, without changing the stake. 

A wager predicting the first and second-place finishers in a specific event.

The historical performance record of an athlete, horse, greyhound, or team.

A bookmaker’s bonus where a winning bet yields only the profit, excluding the original stake.

A slot machine spin offered at no cost to the player, allowing real-money wins, typically tied to the prior bet’s coin value and paylines.

A wager on the outcome of a multi-stage event, such as predicting the champion of a league or the third-place finisher in the NBA or NFL.