Whether you’re new to the sport betting world, or an old friend, the jargon and terminology used for the bets can be a little confusing to say the least. Some sites such as BetBright pride themselves on offering a no jargon sports betting platform, however if you’re planning on spending some time in the sport betting world, there are a few terms which you might come across again and again.
To make your life easier, we’ve compiled a selection of what we believe to be the most common sport betting terminology that you’ll come across.
One of the simplest forms of betting is the classic ‘single’. This is a bet on one selection, in one event. If your selection wins, you will see a return on your stake.
The ‘double’ involves two selections in different events. The returns from the first are reinvested into the second, so only if both selections win will you see a return.
The ‘treble’ involves one bet which encompasses 3 selections in different events. Similar to the ‘double’, if the first selection wins, it’s reinvested into the second, and if the second selection wins, it’s reinvested into the third; thus all 3 selections need to win to make a profit from a treble bet.
Also known as a ‘roll up’ or ‘parlay’, the ‘accumulator’ is similar to the ‘double’ or ‘treble’, but with 4 or more selections.
Betting an ‘each-way single’ involves two bets on one selection in a single event. The first is for the selection to make an overall win (or not), and the second bet is a more precise selection to finish in a certain place (i.e. second place).
The ‘each-way double’ is similar to the ‘each-way single’, but consists of two bets of two selections in different events. Both selections must be correct for you to see a return on your stake. As with the ‘double’, winnings from the first selection are reinvested into the second.
The ‘each-way treble’ consists of two bets involving three selections in different events. All selections must be correct for you to see a return, as the winnings from the first and second selection are reinvested into the subsequent selection.
The ‘each-way accumulator’ is the same as the ‘each-way treble’, but consists of 2 bets involving 4 or more selections in different events.
The ‘trixie’ involves 4 bets consisting of 3 selections from different events. A ‘trixie’ includes 3 ‘doubles’ and one ‘treble’. Two out of three selections must win in order for you to see a return.
A ‘yankee’ involves 11 bets consisting of four selections from different events. It consists of 6 ‘doubles’, 4 ‘trebles’ and 1 ‘accumulator’. To get a return, at least two of your selections must win.
Very similar to a ‘yankee’, a ‘lucky 15’ involves 15 bets consisting of 4 selections in different events. It includes 4 ‘singles’, 6 ‘doubles’, 4 ‘trebles’ and 1 ‘accumulator’ bet. However, with a ‘lucky 15’, you only need one winner to get a return on your initial stake.
As the name would suggest, the ‘lucky 31’ is similar to the ‘lucky 15’, but it consist of a total of 31 best involving 5 selections. It includes 5 ‘singles’, 10 ‘doubles’, 10 ‘trebles’, 5 ‘four-fold accumulators’ and finally, 1 ‘five-fold accumulator’.
A ‘lucky 63’ consists of 63 bets in total over 6 selections in different events. It includes; 6 ‘singles’, 15 ‘doubles’, 20 ‘trebles’, 15 ‘four-fold accumulators’, 6 ‘five-fold accumulators’ and finally, 1 ‘six-fold accumulator’. As with both the other lucky bets, you only need one winner to guarantee a return.
Aptly named, this bet consists of a whopping 247 bets, involving 8 selections from different events. It includes;
70 ‘four-fold accumulators’
56 ‘five-fold accumulators’
28 ‘six-fold accumulators’
8 ‘seven-fold accumulators’
And finally, 1 ‘eight-fold accumulator’
Choosing which betting operator to bet with can be a bit of a difficult task, so if you’re still unsure which is right for you, either take a look through our Sports Betting Guides to learn more about each provider, or use comparison websites such as SuperLiveOdds to compare which operator will give you the best odds for each of your bets!