Sports betting glossary

Sports betting words, explained simply.

Odds
The number that shows what a bet pays. Payout = stake × odds. Odds of 2 double your stake if the bet wins.
Stake
The amount you put on a bet.
Potential payout
What you get if the bet wins: stake × odds (stake included).
1X2
The match result: 1 = home win, X = draw, 2 = away win.
W1 / W2
In betting apps: W1 (V1) = team 1 wins, W2 (V2) = team 2 wins.
Double chance
You cover two of the three outcomes: 1X (team 1 or draw), X2 (draw or team 2), 12 (no draw). Lower odds, lower risk.
Total (Over / Under)
You bet on the total number of goals or points. "Over 2.5" = at least 3 goals in the match.
Odd / Even
You bet on the match's total goals: even (0, 2, 4…) or odd (1, 3, 5…).
Both teams to score
Yes = each team scores at least once. No = at least one team doesn't score.
Handicap
A virtual lead or deficit given to a team. Handicap -1: the team must win by at least 2 goals.
Single bet
Just one game on the ticket.
Accumulator
Several games on the same ticket. The odds multiply, but every game must win.
Coupon code
A code that automatically loads all the games of a ticket into your app.
Cash out
Settling your bet before the games end, to lock in a profit or limit a loss. The amount is set by the bookmaker.

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