GENERIC
AP - Advantage Play - Advantage play is an advanced technique in matched betting
where we don't actually lay our bets but still have good value in the long run. In the
case of casino offers, it's when we only get a bonus if we lose money. This can be used
for particular sports offers, accumulator refund offers, virtual sports offers and also
casino offers.
ARB - Arbitrage bet - When the back odds are higher than the lay odds.
These bets make a profit even without a free bet being involved. You should be aware
that you risk your account being restricted and/or banned from promotions should you
frequently place arbitrage bets, so we advise you to avoid these bets where
possible.
You can see more about arb betting on the forum here.
Boom - A boom is a
celebratory response used on the forum to describe anything positive. A nice win can be
described as a "boom".
"Bot Topping Up" - Someone may say this when there doesn't
appear to be enough liquidity at the exchange to lay your bet, but a bot is
continuously topping up the liquidity as lay bets are placed.
Chelts - Cheltenham
Festival - A horse racing festival taking place in March. A matched bettors favourite
due to the great offers.
EV - Expected Value or Estimated Value - The long term value
of a casino offer. You can read more about this in the Casino Guide.
FB - Free Bet
FS -
Free spins - Used on casino slots.
KYC - Know Your Customer - Checks by bookmakers to
verify your account such as asking for ID. This is completely standard and you can
expect to do this occasionally.
LC - Live Chat - A bookmaker's service to contact
them.
MB - Matched Betting
MBing - Matched Betting
Mug Bet - To place a bet when no
promotion or bonus is involved. You can see more about mug betting here.
PA - Profit
Accumulator
Palp - Palpable Error - If a bookie displays odds that are obviously
incorrect, they can claim it is a palpable error and void any bets placed at that
price. (E.G, they offer odds of 10 for England to win when every other bookie is
offering odds of 1.5. It's clearly a mistake).
Price Boost - Price boosts occur when
bookmakers knowingly boost a market in an event for a short period of time. We can make
money here by backing at the boosted higher odds and laying at lower lay odds for an
instant profit using the calculator tool in "normal" mode. You can see more about price
boosts here.
QB - Qualifying bet - Your initial bet to qualify for an offer.
QL -
Qualifying loss - The loss you make from placing your qualifying bet.
OP - Opening Post
- The first post of a forum thread.
RF - Risk Free
RTP - Return To Player - Every
casino game will have an RTP (Return to Player) which is displayed as a percentage. It
is the theoretical percentage of wagered money that will be paid back out to the player
over time. For example, we have a slot with an RTP of 95%. This means that in the long
run, for every £100 that you play through the game, you will receive £95 back (95% of
£100 is £95). You can read more about RTP in the Casino Guide.
Sharb (Sharbing) - The
same as Arbitrage, but the back bet is placed using in a betting shop rather than
online.
SNR - Stake Not Returned - This usually applies to free bets. It means the free
bet stake is not included with the winnings. We use this setting in the calculator for
any free bets that are SnR. It can also be used to lock-in a profit on bets where you
only get a refund if your bet loses.
SR - Stake Restricted - When the amount you're
allowed to bet with a bookmaker has been reduced.
SR - Stake Returned - This applies to
normal bets, or certain bonus types. It means your initial stake is returned along with
your bet winnings.
Variance/Volatility - For slots and casino games, it's a word used
to describe how much the payout from each spin can vary. Low variance = When a game
gives you small wins frequently. High variance = When a game gives you large wins but
relatively infrequently. You can read more about variance in the Casino Guide.
WR -
Wagering Requirement - Some bonuses have wagering requirements attached. For example, a
£10 casino bonus might have a 5x wagering requirement. This would mean you need to play
through a total of £50 worth of bets before the bonus itself can be withdrawn. Note,
this does not necessarily mean you need to deposit or risk £50 to do this, as you would
use any winnings to continue the wagering. You can read more about wagering in the
Casino Guide.
FOOTBALL
2UP - A promotion ran by Bet365 and Paddy Power where you get
paid out as a winner if your team goes 2 goals ahead in a match. 2UP will be commonly
used to refer to any early payout style offer. You can see more about these types of
offers here.
4MM - Four Means More - An old promotion from William Hill.
ACCA - An
accumulator bet (a bet of more than one selection in the same bet). More information on
accumulators and how to lay them can be found here.
AGS - Anytime Goalscorer - A bet on
a player to score at any time during a match.
BTTS - Both teams to score - A betting
market that involves betting on whether or not both teams will score a goal during any
set match. For example, in the match Arsenal v Man City, if you bet on "Both Teams To
Score - Yes", both teams would be required to score a goal at any point during the
match in order for the bet to win. Alternatively, if you bet on "Both Teams To Score -
No", you would require neither team or just one team to score a goal during the match
in order for the bet to win.
CS - Correct score - A bet on the correct score of a
match. Eg. 2-1 to Chelsea.
DD/HH - Double Delight/Hatrick Heaven - An offer ran by
Betfred. You can find more about it here.
FGS - First Goalscorer - A bet on a player to
score first.
FT - Full Time
HT - Half time
HT/FT - Half Time/Full Time - A betting
market that involves betting on the result of each half of a football match. For
example, in the match Arsenal vs Man City, you might bet on Arsenal / Arsenal, which
would mean a bet that Arsenal would win the first half, and the full match. Or, you
could bet on Man City / Draw, which would be a bet for Man City to win the first half,
but for the game to end in a draw.
LGS - Last Goalscorer - A bet on a player to score
the last goal of a match.
Over / Under - A betting market that involves betting on the
number of goals in a football match. For example, you might bet on "Over 2.5 goals",
which would be betting that there would be 3 or more goals. Be careful not to get mixed
up between Over and Under when placing your lay, and also avoid getting mixed up
between "Over 2.0" and "Over 2.5", as they are different bets.
PYP - Pick Your Punt - A
special market from Betfred. You can find more about these types of markets here.
RAB -
Request-A-Bet - A special market from Sky Bet. You can find more about these types of
markets here.
WOP - What Odds Paddy - A special market from Paddy Power. You can find
more about these types of markets here.
WWGI - Win, win, get in - An old promotion from
Coral.
HORSE RACING
Matched Betting Related and General Horse Information: You can find
the Horse Refunds and Extra Place threads for the day here.
2C - 2 Clear - A promotion
with William Hill.
H5 - A promotion with William Hill.
AP - Ante-Post - This is a horse
racing market that appears long before a race is due to start. Antepost markets usually
disappear 1-2 days before the race. You should avoid betting on these markets, as if
your horse is withdrawn before the race, your bet will be settled as a loss.
AW - All
Weather - Ground surface.
BBH - Beaten by a head - When your horse is beaten by a
distance of a head.
BBL - Beaten by a length - When your horse is beaten by a distance
of a length.
BBN - Beaten by a neck - When your horse is beaten by a distance of a
neck.
BF - Beaten Favourite (last time out)
BOG - Best Odds Guaranteed - A promotion
that is offered by various bookmakers, usually on Horse Racing and Greyhound Racing. If
the odds that you place your bet at are lower then the SP (Starting Price), then your
bet will be settled at the SP odds. You can see more about BOG and which bookmakers
offer it here.
C - Course
CD - Course and Distance (horse won at this course and
distance)
D - Distance
EW - Each Way - A bet that is offered by bookmakers consisting
of two separate bets: a win bet and a place bet. For the win part of the bet to give a
return, the selection must win, or finish first, in the event. For the place part of
the bet to give a return, the selection must either win or finish in one of the
predetermined places for the event, such as first place or second place. You can find
more information on each way bets here.
Extra Place - Bookmakers will sometimes pay out
for more places in a horse race than the exchange. These additional places being
offered are known as extra places. You can read more about them here.
FPTP - First Past
The Post
JF/CF - Joint Favourite/Co-Favourite
LATL - Lead at the last
LTO - Last Time
Out - Refers to the horse's last race.
LTO - Lengthen the Odds - Betting on a horse to
win by a certain distance, and you get a larger price for your bet.
NR - Non-Runner -
When a horse has been withdrawn from a race.
NRNB - Non-Runner No Bet - Bookmakers
sometimes offer NRNB on ante-post markets. Ordinarily you would lose your bet if your
horse didn't race, however with NRNB your bet will be void in this scenario instead.
OR
- Official Rating
Rule 4 - This occurs when another horse is withdrawn from a race. The
odds of your bet may be lowered to reflect the reduced competition. Your back bet odds
may be reduced, and your lay liability will also be reduced in proportion. This won't
usually leave you in a losing position, as typically the lay liability is reduced more
than the back odds. You can find out more about Rule 4 here.
SP - Starting Price - The
odds that a horse actually starts the race at rather than the price you bet at.
Horse
Racing Distances (in order):
L - Length
NSE - Nose
SHD - Short Head
HD - Head
NK -
Neck
Form on a Race Card:
B - Brought Down
C - Carried Out
D - Disqualified
F - Fell
HR
- Hit Rails
P - Pulled Up
PU - Pulled Up
R - Refused (to Race)
RTR - Refused to Race
RO
- Ran Out (off the course, or missed a fence)
U - Unseated Rider
UR - Unseated Rider
V
- Void
Coverage and TV Channels:
ATR - At The Races
CH4 - Channel 4
RUK - Racing UK
RTE
- Irish coverage
ITV - ITV Racing on main ITV channel
ITV4 - ITV Racing on
ITV4
BOOKMAKERS (To name a few)
365 - Bet365
888 - 888Sport
BF - Betfair
BFEX - Betfair
Exchange
BFSB - Betfair Sportsbook
BT - Blacktype
BV - BetVictor
HILLS - William
Hill
LADS - Ladbrokes
MB - Matchbook
PP - Paddy Power
SN - SportNation
SM - Smarkets
WH
- William Hill
SLOTS (To name a few)
BBW - Big Bad Wolf
BJ - Blackjack
GNR - Guns N
Roses
HF - Halloween Fortune
JATB - Jack and the Beanstalk
JH - Jack Hammer
WUAJ - Wish
Upon A Jackpot
