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Sports Betting Terms and Glossary

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Sports betting terms are the common words you will likely find on most betting sites. Before you place bets, you need to understand what they mean. We’ve compiled some of the popular terms you will find on most online betting sites in Uganda.

List of Sports Betting Terms

Here is a list of the most important sports betting terms you need to know, and their meanings.

1×2

The 1×2 bet lets you predict the final results of the game. This bet involves picking which team will win or if the game will draw. You can pick team 1 or team 2 to win, while X means it will be a draw. It is a very simple bet and is very common in most sports betting events.

Accumulator

This means combining different bets on a bet slip at an online betting site. Some sports betting sites in Uganda allow players to have accumulators with up to 40 bets

Anytime Goalscorer

This bet allows you to predict who will score in a match. The goal can come at any time; so far the match is still on. You win if the player scores during the first and second half, or even injury time.

Asian Handicap

This is when you give a team a head start or subtract points from the other team. The bet balances the game, especially when there is a stronger team playing against a much weaker team. The bet can be positive or negative. It means you’re either adding points to the weaker team or subtracting from the stronger one. For example, if one team is stronger, you can bet on the weaker team with a +1.5 Asian handicap. Even if they lose the match by one goal, you will still win your bet.

Betting Terms

Both Teams to Score

The bet will be either a yes or no. Yes means that the two teams playing will score. No will mean that only one team will likely score, and you still win if no team scores at all. This prediction is very common and straightforward. You don’t have to guess who the winner of the match will be.

Correct Score

The correct score bet involves predicting the exact results of a match. So if you say a game will end in 2-1, for instance, you will win your bet if the match actually ends with those scores. This bet is quite risky and comes with higher odds.

Double Chance

With a double chance bet, you get two choices in one. The bet predicts how the match ends. 12 represents either team winning, 1X means a draw or a win for Team 1, while 2X means a draw or a win for Team 2. If you pick a 2X, for example, and the match ends in a draw, you still win your bet.

Draw No Bet (DNB)

This bet allows you to keep your bet if the match ends in a draw. So if you predict that team 1 or 2 will win and they draw instead, you get your money back. However, if one team wins and it isn’t your pick, then you lose your bet. It’s considered a safe bet in most sports.

Each Way Bet

This bet is quite common in horse racing events. The bet is actually a two-way bet where you predict if a horse will win and the position it will place. So, if you predict that the horse will win but it doesn’t, you still get to keep some of your bet if it ends in one of the top positions you predicted.

Half-time/full time

This is a risky bet because you’re predicting that a team will win the first half and the final. You win this bet only if both of these things happen. Because of the risk, it usually has a high payout.

Handicap

With a handicap, a team can either get a head start or have points removed from their score. If you give a team an advantage of +1, your bet will win if they don’t lose by more than one goal.

Head-to-head Betting

This bet allows you to focus on just two players. They don’t have to win the game, instead, you’re betting to see who will be better. If it’s horse racing, then it will be between only two horses. You bet on which horse will outrun the other. Even if none of them wins the race, you will win your bet if you guess which one came out ahead.

Sports Odds

Laying Points

This means you’re betting on the number of points by which a team will lead. This bet is quite popular for American football and basketball games. You can bet that a team will lead by 7 points, for instance. If the team wins by more than 7 points, then you win. Anything less means that you lose your bet.

Lucky 15

With this bet, you’re going to be making 15 smaller bets for four different picks (i.e four singles, six doubles, four trebles, and four-fold accumulators). You win something even if just one bet is correct. The more bets you get right, the more money you win.

Outright Bet

The bet is about who will win the final competition. Outright bets have higher odds because they are more difficult and risky.

Over 2.5 Goals

Here you’re betting on the total number of goals in a match. It isn’t about who won or who scored, but at least 3 goals have to be scored to win this bet. You lose your bet if the final score is less than three goals.

Over/Under

Your bet is to decide the total number of goals in the game. If you predict under 2.5 goals for instance. There must be less than three goals for you to win.

Parlay

A parlay is a combination of bets where you have to win all your bets before you get a payout. If a single bet loses, then you lose your entire bet. The payout increases when you add more bets in the parley. It is easier to win for a small bet but much harder when you have more picks.

Spread Betting

Spread betting is different from regular bets because you’re not betting on the winner. Instead, your bet is about the gap between the wins. So for instance, you can bet that a team will win by 10 points. They will need more than those points for your bet to win. This bet is quite common in basketball and football games.

Quinella Bet

This bet works for horse racing. Your bet is on two horses to finish first or second, it doesn’t matter in which order. They just have to be the first two for you to win. It is a much easier bet than picking the exact winning positions.

Value Bet

This is when you think the odds are too high considering the risk involved. So when you think that the chances are higher for a team than what the odds are saying, you can place a value bet.

Win to Nil

This bet means you’re betting that one team will score while the other won’t. If you bet on a team to Win to Nil, they have to win the game. Also, if the other team ends up scoring, you lose your bet. So two things have to happen for you to win a Win to Nil bet; they have to win and the other team must not score.

Sports Betting Terms FAQ

You need to learn the basics before you can understand betting terms. You can start by learning simple terms like win, lose, and draw. Then you can move on to the more complex terms. This sports betting glossary will explain what these betting terms mean.

It is the option you choose to bet on. When placing your bets, you can make a single or multiple selection. Your bet selection isn’t about the outcome; instead, it is about the prediction you are making.

A moneyline bet is a straightforward bet on who wins the game.