Sports Betting Glossary

A multiple bet in which the punter makes simultaneous selections on two or more games. All the selections made must win for you to win the accumulator. Also, Parlay.

The dealer in card games is called the Banker, as he is the keeper of the bank.

In sports Betting, a Banker is the team/horse highly expected to win.

The final list of point spreads offered before game time.

An even-money bet, a bet that pays off exactly the amount wagered.

A 1:1 odds bet. A $1 stake would return $2 dividend ($1 win plus $1 staked).

The punter's dividend is fixed at the odds when the bet is placed, no matter how much the odds fluctuate later on.

Spread.

Odds offered to the punter.

In online gambling, odds stand for the amount a bet pays off, not the statistical chance that a player will win. For example, 2 to 1, 10 to 1, and so on.

In sports betting, Odds are the sportsbook's or bookmaker's view of the chance of a competitor winning (adjusted to include a profit).

See Accumulator.

The person, shop or website who accepts bets.

Sports bet on whether the combined number of points or goals scored by the two teams will be over/under a given mark.