Online betting glossary
To bet accurately , you need to master the betting vocabulary.
Moodds offers you a free betting glossary.
| Définition | |
| Back | Buying a bet from the stock exchange (betting exchange) or from a betting site (bookmaker) |
| Betting exchange | Online betting site where players bet ones against the others, the site being simply a meeting platform for the players; the site gets remunerated by taking a share from each bet |
| Bookie, bookmaker | Online sports bets site |
| Exotic bet | Bet on a non-sport event (victory in the elections, stock exchange evolution...) |
| Lay | Selling a bet on a betting exchange |
| Live bets | Bets made during the event |
| Money Line |
Bet on the player or the team winning the match. It is the most frequently used bet |
| Odds | Ratio between the stake and the gain of a bet; they are set by the bookmaker (or by the players on the betting exchange) |
| Over/Under | Bets on the number of points or goals of two teams or players |
| Payoff | Amount paid if the bet is a winner. This payment comprises the initial stake and the net gain |
| Proposition bet | Bet on a specific outcome or action: number of touchlines or corners, half-time winner, number of aces... |
| Multiple bets | Bets on different matches or events. The bettor wins only if all the bets are won. |
| Single bet ou straight bet | Bet on a single match or event |
| Stake | Amount of the bet |
| Surebet | Particular combination of bets on different sites of bookmakers allowing a gain without risks, no matter the outcome of the match or event. The surebets exist due to the differences between the odds offered by different bookmakers. See " What is a surebet?" part for more information. Moodds.com offers for free the surebets detection. |
| Underdog | Team or player benefiting from high odds (high gain in case of victory, the victory being unlikely) |
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