Rule 4 is a horse racing adjustment applied when a horse is withdrawn after final declarations. It reduces the potential profit on existing bets to reflect the smaller field and the increased chances of the remaining runners.
A Lucky 63 is a type of accumulator bet offered by UK bookmakers that involves six separate selections. It combines 63 individual bets: six singles, 15 doubles, 20 trebles, 15 four-folds, six five-folds, and one six-fold accumulator.
A progressive parlay is a multi-leg bet that can still pay out even if one or more picks lose. Unlike a standard parlay, it offers loss forgiveness, with the number of allowed losses and payouts set by the sportsbook.
Virtual sports betting is a form of online gambling where players place wagers on computer-generated simulations of real-world sports events.
A Duet bet is a horse racing wager where you select any two horses to finish among the first three placings. Your bet is successful if your two selections occupy any two of the top three positions, regardless of the order.
A Quinella is a horse racing bet where you pick two runners to finish first and second in any order. The order does not matter.
In UK betting slang, a monkey refers to £500. It is used to describe the amount of money being staked, rather than a specific type of bet or betting strategy.
A nickel in sports betting is a slang term for a $500 wager.
A bad beat describes losing a bet or hand despite being in a strong statistical position. It happens when an unlikely or unexpected outcome overturns what looked like a near-certain win.
An insurance bet in horse racing is a wager that can return some or all of your stake if certain conditions are met.
A half-time/full-time (HT/FT) bet is a football market where you predict the result at half-time and full-time. Both must be correct to win, which makes the odds higher than a standard match-winner bet.
Flat betting is a bankroll management strategy where players wager the same fixed amount on every bet regardless of odds, confidence level, or previous results.
An SP bet is a wager settled at the Starting Price; it is the official odds recorded for a horse or greyhound at the moment a race begins. It's the most common betting method in UK and Irish horse racing.
Bout betting is wagering on the outcome of a single fight between two competitors in combat sports. The term "Bout" simply means a fight or match in boxing, MMA, kickboxing, or other combat disciplines.
BTTS stands for Both Teams to Score, a football betting market that settles on whether each team scores at least one goal during a match.
A Patent bet is a full-cover multiple made up of seven individual bets using three selections. It contains three singles, three doubles and one treble, with each line settled separately.
A Superfecta bet is a wager where the first four finishers in a race must be predicted in the exact order. All four selections must finish in the precise sequence specified, or the bet loses completely.
A tricast predicts the 1st, 2nd, and 3rd finishers in exact order. It’s hard to win but offers big payouts, with dividends calculated after the race from SP odds.
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