Premier League Tips. Horse Racing Tips. Big Bash Tips. Dimitar Berbatov. Accumulator An accumulator bet involves a combination of four or more single bets that combine to offer longer odds and potentially bigger winnings.

Against the spread Any bet in which, rather than backing a winner, you back a selection to cover the spread. Ante post In order to obtain longer odds on certain markets, you can place a bet long in advance of an event actually taking place.

Arbitrage betting Arbitrage betting or 'arbing' is a process through which gamblers aim to make a profit by betting on all possible outcomes of an event, at different odds.

Asian handicap Asian handicap betting offers the possibility of split handicaps, allowing you to bet on selections that are handicapped in order to even the field by both whole numbers and half numbers.

Bar In a horse racing betting forecast, certain horses are considered such distant outsiders that their odds are not quoted.

Banker Across all sports, a selection that is h3ly fancied to win is often referred to as a 'banker'. Bet Laying money on the successful prediction of the outcome of an event Betting Exchange A forum through which gamblers can bet directly against each other, rather than a bookmaker.

Bookmaker A bookmaker is the organisation that provides odds on the outcome of events in order to accept bets based on predictions by customers.

Closing line The point after which odds on a particular market are set is known as the closing line. Double bet Two single selections placed as one bet, with the odds being combined to give the bettor potentially higher winnings.

Dutching The process of backing a number of contenders for a particular event, in order to ensure the same amount of profit if any of your selections win.

Each-way bet An each-way bet is available in events that feature a winner and a number of other competitors finishing in a sequence of places.

Evens bet Also known as a 'scotch' or 'levels', a successful evens bet will return double the stake placed on the bet. Fixed-odds betting By securing a bet at fixed odds, you guarantee that your potential returns from that bet will not change, regardless of whether or not the odds on that market fluctuate after your bet is placed.

In-play betting In-play betting is a form of betting that has become hugely popular through online betting sites, which involves placing a bet on a particular outcome after the event has started.

Martingale With origins in 18th century France, a martingale is a betting system in which the gambler doubles the stake placed on a new bet after each bet that is lost.

Outright bet Outright bets are wagers placed on whole competitions rather than single matches. Place bet A place bet involves backing a selection to finish in a particular place, or within a range of places, in an event.

Spread betting A bet placed on the predicted movement of a market, rather than the outcome of an event. Treble bets A treble bet is any combination of three selections that a bookmaker offers combined odds on.

If you do a multi-race wager i. You will know exactly what you stand to profit if the last leg of your multi-race wager hits.

Technology has made betting on your computer or phone as easy as ever, but there's still a thrill to holding a paper ticket and collecting cash at the window.

Wagering at the track can be intimidating for novice bettors. Most tellers are happy to answer questions and assist you with the process…as long as you're not betting on the day of the Kentucky Derby or Breeders Cup.

If you plan on visiting a track or off-track betting parlor to make your wagers on one of horse racing's busiest days, make sure you come prepared.

Horse racing tellers request a specific order of information from bettors when they come up to the window. If you follow these five steps, you'll keep the teller and the people behind you very happy:.

IL If you or someone you know has a gambling problem, crisis counseling and referral services are available by calling GAMBLER CO Gambling problem?

Call IA If you or someone you know has a gambling problem and wants help, call BETS-OFF. IN If you or someone you know has a gambling problem and wants help, call WITH-IT.

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A series of three or more selections in 2-fold accumulators. A round robin means 3 selections in different races, in 3 doubles, 1 treble and 6 single stakes about bets.

One of the most commonly invoked betting rules, dealing with deductions from winning bets in the event of any withdrawn runner s from a race.

The rule applies to winning bets struck at prices e. The rate of deductions is in proportion to the odds of the non-runner s at the time of the withdrawal.

Starting Price. The starting prices are the final odds prevailing at the time the race starts and are used to determine the payout to winning punters, unless a punter took a specified price at the time of placing the bet.

Similar to the handicap betting system. If you back a team to cover the spread, so a team will lose bu no more than 5 points, or win by more than 6 points.

A type of bet frequently placed at a racecourse. You can back horses to win or place, and a dividend is paid out afterwards to winning bets as the bets all go into a pool.

The tote also runs other bets such as the placepot and jackpots. A bet consisting of 4 bets involving 3 selections. The bet includes 3 doubles and a treble.

A minimum of two selections must be successful to get a return. A bet consisting of 11 bets involving 4 selections in different events.

The bet includes 4 doubles, 4 trebles and an accumulator. Guide to Betting. Betting Term. A bet involving more than one selection with the winnings from each selection going on to the next selection.

A bet on a race well in advance of the day of the race. A bet on a horse to win or each-way. The opposite of lay, and the more traditional bet type.

A supposedly certain bet. Best Odds Guaranteed. Betting exchange. A betting website whereby you are betting against other people, rather than against the bookmaker.

Cash out. It will pay a little less for place bets and even less for show bets, but it can effectively pay out in three ways—thus the allure of across-the-board bets.

As the name suggests, "exotic" wagers are fancier and more complicated. They involve more than one horse. This means they're harder to win, but they also pay more than straight bets.

Here are a few examples of exotic bets.