Learn Sports Betting Terms
The world of sports and horse racing betting includes many terms that can be confusing. Betting terminology differs in regions such as United States, Australia and the United Kingdom.
Free Tips have dissected all the key betting terms including some of the most common such as Against the Spread, Double Chance and Handicap. We have detailed descriptions for some of the obscure betting terms such as Chalk, Dutching Monkey and Wise Guy.
Learn how to use different Sports bets
Whether you are an experienced punter or if sports betting is new to you, be sure to know and understand all of the betting terms. This will ensure you can navigate the various sports and horse betting markets offered by bookmakers.
There are a multitude of different sports bets for any particular match. What's the difference between a win bet and a handicap bet? Knowing all of the betting terms is essential in giving you the best chance of winning your bets, beating the bookmaker and building your bankroll.
Learn when to place different Sports bets
Placing outrightbets for tournament or competition winners requires skill, knowledge and patience. There is little doubt that bettors using the outright betting markets for competitions such as the FIFA World Cup can often see plenty of success.
Outright bets can be the most profitable in sports betting and shouldn't be overlooked, but outright betting is just one of a number of ways to bet on sports.
To learn more about and understand all the other betting terms, click on the links below for a detailed description of all the major betting terms and betting terminology.
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Betting Terms FAQ
- What are betting terms?
Betting terms relate to specific terms used in betting and gambling. Betting terms often differ in regions such as United States, Australia and the United Kingdom.
- What are the main types of betting terms in racing?
The main types of betting terms in racing are win, place and each way.
- What are the main types of betting terms in football?
The main types of betting terms in football are win, draw, over/under and BTTS.
More Betting Terms Betting Tips
21 Jul 2026Betting Terms Tips By League
QUI
QuinellaPLA
PlaceEXA
ExactaTRI
TrifectaFIR
First FourMYS
Mystery BetQUA
QuaddieWIN
WincastSCO
ScorecastSTA
StakeBET
Betting MarketACC
AccumulatorACT
ActionAGA
Against the SpreadANT
Ante PostARB
Arbitrage BettingASI
Asian HandicapBAR
BarBAN
bankerBEA
beardBET
BetBET
Betting ExchangeBOO
BookmakerBTT
BTTSCAN
CanadianCAS
CashoutCHA
ChalkCHA
Chalk playerCIR
Circled GameCLE
Clean SheetCOM
Combination BetCOR
Correct ScoreDOG
DogDOG
Dog playerDOU
DoublesDOU
Double ActionDOU
Double ChanceDOU
Double ResultDRA
Draw No BetDRI
DriftDUT
DutchingEAC
Each WayEDG
EdgeEVE
EvensEXO
ExoticEXP
ExposureFAV
FavouriteFIR
First GoalscorerFIR
First half betFOL
FoldFOR
FormGAM
GamCareGOA
Goal LineGOL
GoliathHAL
Half time betHAL
Half time resultHAN
HandicapHAN
HandicapperHED
HedgingHEI
HeinzHOO
HookIBA
IBASLAY
LayLEN
LengthenLIN
LineLOC
LockLON
LongshotLUC
Lucky15MAT
Match BettingMON
MonkeyMUL
MultiplesNAP
NAPNO
No actionNON
Non RunnerNUM
Number SpreadODD
OddsODD
Odds OnODD
Odds AgainstOUT
Outright BetOUT
OutsiderOVE
OverOVE
Over-roundPAR
ParlayPAT
PatentPER
Permutations or PermsPOI
Points SpreadPON
PonyPRI
PricePUN
PunterROU
Round RobinRUN
RunnerSCO
ScoutSHA
SharpSIN
SinglesSPE
Special BetsSPR
Spread BettingSUP
Super HeinzSUP
Super YankeeTIC
Tic-tacTRE
TreblesTRI
TrixieUND
UnderUND
UnderdogVAL
Value BetWIS
Wise GuyYAN
YankeeANY
Anytime GoalscorerBES
Best OddsCOU
CouponFIX
Fixed OddsMUL
Multi BetPRI
Price BoostCOV
CoverGRA
Grand SalamiIN
In PlayKEL
Kelly CriterionMAR
MarginMON
Money LinePAY
PayoutPUS
PushTEA
TeaserVAL
ValueWIN
WinCOM
Combination ForecastCOM
Combination TricastREV
Reverse ForecastSTR
Straight TricastSTR
Straight ForecastLUC
Lucky 31LUC
Lucky 63