Asian HandicapOne of the teams begins the game with a goal advantage and we have only two possible outcomes (not three)

ArbitrageGoing in favour of bets that their combination is definitely going to give you some profit. Betting on a sure bet.

BackThe most usual form of betting; simply betting in favour of an outcome from a particular game.

BankerThe strongest bet for a player; the one that he believes is the most likely to win.

Betting Exchange ή TradingThis is the exchange of bets between different players without the bookmakers playing the role of the ‘middleman’.

Dead heatWhen in a sporting event, more than one team/person ends up in the same position on the table.

Decimal OddsThe odds’ form; 1.50 (and not ½)

Each wayUsually in horse betting, but in football betting too. Betting 10 euros in favour of horse A to win the race, it is as if you are betting 5 euros for it to come first and 5 euros to come within the first 3 horses.

European HandicapThe goal advantage in favour of one of the two teams is always a whole number and thus there are 3 possible outcomes (1-X-2).

Even MoneyWhen a bet is won, the profit is as much as the amount of betting; e.g. if i bet 100 euros even money is when i get back 200 euros that is 100 euros profit. Odds of 2.00 in other words.

Fair betBet for which the player believes that the odds are really representative of the situation surrounding a game.

First Goal Ειδικό στοίχημα στο οποίο ο παίκτης επιλέγει την ομάδα που θα πετύχει το πρώτο goal. Υπάρχουν και άλλα first goal στοιχήματα (first goal minute, scorer, time κ.α).

First Goal Minute Betting in favour of one of the two teams to score the first goal in the game (other ‘first’ bets come in the form of the first goal scorer in the game, the time when the first goal is going to be scored etc)

Fixed oddsFixed odds betting - The odds most bookmakers offer.

ForecastBetting in favour of a team to come first or second on the table (or race, in the case of horse betting).

Fractional OddsContrary to the 1.50 (usual practise in Greece), here we have the ½ (usual practise in Britain).

Halftime Half time – predicting the result of the game for the first half.

Handicap ή LineHandicap or line – this is the Asian handicap or the European handicap.

Head to HeadHead to head – here, the player bets in favour of a team to take a higher position on the table at the end of the season than one other particular team. Or it can come in the form of for example Panathinaikos to score more goals than Aek on the 19th day of the league despite the fact that these 2 teams are not playing against each other on that day.

In-running ή Live bettingIn-running or Live betting – betting while the game is being played.

LayLay – the usual practise in betting exchange companies like Betfair.

Money LineΑποδόσεις που χρησιμοποιούνται κυρίως στην Αμερική. Οι αποδόσεις έχουν την Μορφή +100 και μας δείχνουν πόσα χρήματα πρέπει να ποντάρουμε για να κερδίσουμε 100$ (για φαβορί) ή πόσα χρήματα θα κερδίσουμε αν ποντάρουμε 100$ στο αουτσάιντερ.

Odds-Είδη αποδόσεωνMoney line – a usual practise in the USA. This shows how much money we need to bet in order to win a particular amount of money (if we bet in favour of the favourite to win the game) and how much money we will win if we bet in favour of the outsider to win the game.

Over/UnderOver/Under – this has to do with the amount of goals, points (in basketball) to be scored in a game. In football the most usual over/under betting is the 2.5 goals margin (thus the odds vary in relation to the strength of the teams) whereas in basketball the points’ margin variates and the odds are usually the same for either team to win.

PointspreadPointspread – the advantage, in terms of goals or points, that the bookmakers gives in favour of a team before the start of the game.

Punter ή BettorPunter or bettor – someone who is betting in sport events; bettor has mostly to do with horse betting.

PushPush – when the bet is cancelled or when (e.g. in Asian Handicap) the betting amount is returned to the player.

ScorecastScorecast – correct score prediction together with which player is going to score the first goal of the game.

Spread or HandicapsSpread or Handicaps – the terminology used for the advantage given to one of the teams.

Spread bettingSpread betting – when you choose to bet in games where the bookmaker has given an advantage to one of the two teams before the game starts.

StakeStake – the betting amount.

Sure betSure bet – where if the odds are correctly combined, the player is definitely going to end up with some winnings at the end of the day.

System BetSystem bet – this is when we bet in favour of say 3 teams to win their games and we win when we ask for any 1 or 2 or 3 teams to win their games.

TeaserTeaser – handicap betting where the player can choose the handicap to be given to one of the two teams.

Three way betThree way bet – 3 possible results for any game, e.g. in football.

TipsterTipster – someone who gives predictions for the likely outcome of games.

Two way bet Two way bet – 2 possible results for any game, e.g. in tennis and basketball.

Underdog ή RagThe outsider of the game.

Value betΣημείο του οποίου οι πιθανότητες εμφάνισης (σύμφωνα με την εκτίμηση του παίκτη) είναι μεγαλύτερες από αυτές που δείχνει η απόδοση του. Betting on an odds which "real" possibility (according to our evaluation) of coming true is higher than the one indicated by the odds.

Winning MarginBet type at which the player bets on the difference by which one of the two teams is going to win the game.

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