An A-Z of betting terms, and in particular football betting terms, used on this site and elsewhere. Get in touch if there's a word you hear or see and don't understand...
In-Running A term used to describe a market that is still open despite a match already happening.
Lay What a bookmaker does when he takes a bet from you. He accepts the bet at the odds you both agree upon, or he lays the odds.
Nap The best bet of the day in the opinion of the tipster concerned.
NB (Next Best) The same tipster's "Next Best" selection.
Odds Collective noun for the prices in a market, or for general prices given to selections in a market.
Patent A popular multiple bet, which constitutes seven bets from three selections: 3 singles, 3 doubles and 1 treble.
Price percentage Used to calculate over-roundness. A completely fair book is classified as 100% "over-round". However the 'bookmakers' profit margins mean the figure is almost always above 100%. Generally, bookmakers try to make most Books around 110% over-round, meaning no matter how many bets they take on each selection in a race/match their profit is at least 10% whatever the winner. It is the reason why prices fluctuate so readily in horse races etc..
Single A straight bet on one event happening.
Treble Same as a Double and Accumulator but with just three selections.
Yankee A popular multiple on four selections, which constitutes: 6 doubles, 4 trebles and 1 fourfold.
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