Betting Jargon

This where I’ll try to explain some of the complicated terms used in making money out of the bookies. Examples are “Sports Arbitrage Betting”, “Asian Handicap”, “Scalping”, “Surebets”, etc..

 

Decimal / Fractional Odds Converter

Confused by the different types of odds? This may help.. You could also try this page on Fractional and Decimal odds.. There's also "American" odds. Nope. Me neither..

Fractional & Decimal Odds

Think you know how this works? 11/2 = 5.5 RIGHT? WRONG! WHY? Fractional ODDS DO NOT include the original stake in the return. Decimal odds DO include the original stake...

Each Way Bets

An each-way bet is actually two bets in one: - a WIN bet - a PLACE bet The WIN part is obvious: you are betting on a horse to WIN....

Speciality Bets

Lucky 15 This is a multiple bet based on FOUR selections. It's basically a "perm", and you can win BIG if your selections come in. I put £4 on a...

Asian Handicap Betting

Right. Tricky one to explain, this.. Here goes: Say you have a football (soccer) match. There are three possible outcomes: Home Win, Draw, and Awawy Win. So that's three outcomes...

Sports Arbitrage Betting

This is where you bet on ALL outcomes of a sporting event. For example, in a football (soccer) match, you would cover home win, draw, and away win. If you...