Please see below Betting Terms explained. If you have any questions on any other betting terms, email us as contact@premiumbettingtips.com
A bet where one standard unit of your stake is placed on a selection to win the event outright.
Example;
If your standard betting unit (1pt) is £10, then a '1pt Win' bet on a horse at odds of 4/1 means you stake £10.
If the horse wins, your profit is £40 (£10 stake × 4), plus your original £10 stake returned, for a total return of £50.
A bet where two standard units of your stake are placed on a selection to finish within the predefined 'placed' positions, as per the event's rules.
Example;
If your standard betting unit (1pt) is £10, a '2pt Place' bet means you stake £20 on a selection (e.g., a golfer) to finish in the top three positions.
If the place odds are 4.00, and your selection places, your profit would be £60 (£20 stake × (4.00 - 1)), plus your original £20 stake returned, for a total return of £80.
If the selection does not place, you lose your £20 stake.
Refers to a betting outcome where the selected participant finishes within predefined positions, typically in the top few ranks, as per event rules. In horse racing, this is often the top two, three, or four positions, depending on the number of runners and the type of race.
Example;
In a horse race with 8 runners where the place terms are "1/5 odds, 1st 2nd 3rd", a horse finishing 2nd would be considered "placed", and the place part of an Each Way bet would win.
Bets placed well in advance of a sporting event, often before the final declarations or entries are known. These odds are typically higher than those available on the day of the event, but the stake is usually not refunded if your selection does not participate (is a "non-runner").
Example;
Betting on a horse to win the Grand National six months before the race is an ante-post bet. You might get better odds than on the day, but if your chosen horse doesn't run, your stake is usually lost.
A selection that is considered very likely to win. While often included in multiple bets, a banker typically offers low odds on its own.
Example;
In a treble bet, you might choose three teams to win, with one being a "banker" because you are very confident in their victory, such as Real Madrid playing a lower-league team at home.
A popular football bet where you predict whether both teams involved in a match will score at least one goal each during regular time (90 minutes plus injury time).
Example;
You bet on 'BTTS Yes' in a match between Liverpool and Arsenal. If the final score is 2-1, 1-1, or 3-2, your bet wins. If the score is 1-0 or 0-0, your bet loses.
In horse racing, "Unseated Rider" refers to a situation where the jockey falls off the horse during the race. When a horse and rider combination is marked as "UR", it means the horse continued the race without its jockey, or the jockey could not remount. A horse that unseats its rider is considered a non-finisher, and bets placed on that horse typically lose.
Example;
During a hurdle race, Horse X hits a fence awkwardly, causing its jockey to be "unseated".
Horse X continues to gallop with the field but is no longer a valid competitor.
This will be noted as 'UR' in its form.
A type of bet where you predict whether the total number of points, goals, or other units scored in a game will be over or under a specific number determined by the bookmaker.
Example;
You bet on 'Over 2.5 goals' in a football match.
If the total number of goals scored by both teams is 3 or more (e.g., 2-1, 3-0), your bet wins.
If 2 or fewer goals are scored (e.g., 1-1, 1-0), your bet loses.
In horse racing, especially National Hunt (jump) racing, "Faller" indicates that a horse fell during the race and did not complete it. This is noted as 'F' in form guides.
Example;
You see a horse's form listed as "21F3". This means in its recent races, it finished 2nd, then 1st, then fell, then finished 3rd.
A type of betting designed to create more balanced odds in events where there's a clear favourite. The bookmaker gives a virtual advantage or disadvantage (a "handicap") to teams or participants. The favourite starts with a deficit (e.g., -1 goal), and the underdog with a surplus (e.g., +1 goal).
Example:
In a football match, if Manchester City (-2) play Norwich City (+2):
If you bet on Man City (-2), they must win by 3 or more goals (e.g., 3-0, 4-1) for your bet to win.
If you bet on Norwich City (+2), they can lose by 1 goal, draw, or win outright for your bet to win.
If Man City wins by exactly 2 goals (e.g., 2-0), it's a "push" or "void", and your stake is returned.
A horse that was entered for a race but does not take part. This can be due to injury, illness, or trainer's decision.
Example:
You place a bet on Horse A for a race, but before the race starts, Horse A is declared a non-runner. Depending on the bookmaker's rules, your stake may be refunded or subject to a Rule 4 deduction.
The official odds of a horse at the precise moment a horse race begins ("the off"). Punters can choose to take the fixed odds available when they place their bet, or they can opt for the SP, meaning their bet will be settled at whatever the horse's odds are at the start of the race.
Example:
You bet on a horse three hours before the race at fixed odds of 7/1. When the race starts, the SP is 8/1. If your bookmaker offers "Best Odds Guaranteed," you would be paid out at 8/1 if your horse wins. If not, you'd be paid at 7/1.
A bet where two standard units of your stake are placed on a selection to win the event outright.
Example;
If your standard betting unit (1pt) is £10, a '2pt Win' bet means you stake £20 on a football team to win at odds of 3.00.
If the team wins, your profit is £40 (£20 stake × 2.00), plus your original £20 stake returned, for a total return of £60.
A bet where your total stake is 2.5 standard units, split equally between the 'Win' part and the 'Place' part of the bet. This means 1.25 units are staked on the selection to win, and 1.25 units are staked on the selection to place.
Example;
If your standard betting unit (1pt) is £10, a '2.5pt Each Way' bet on Horse C means a total stake of £25 (£12.50 on the Win part and £12.50 on the Place part).
If the win odds are 4.00 and place terms are 1/4 odds for the first three places:
If Horse C Wins:
Win part return: £12.50 stake × 4.00 odds = £50.00
Place part return: £12.50 stake × (1/4 of 4.00 odds = 1.00 odds) = £12.50
Total return: £50.00 + £12.50 = £62.50.
If Horse C Places but Doesn't Win (e.g., finishes 2nd):
Win part: Loses.
Place part return: £12.50 stake × 1.00 odds = £12.50.
Total return: £12.50.
If Horse C Doesn’t Win or Place:
You lose your entire £25 stake.
A single bet that combines multiple selections (four or more "legs") into one wager. For the bet to win, all selections must be successful. If even one selection loses, the entire accumulator bet fails. Bets with two selections are called a "Double", and three selections are called a "Treble".
Example;
You place a £10 accumulator bet on four football matches:
Arsenal to win (Odds 2.00)
Barcelona to win (Odds 1.80)
Juventus to win (Odds 2.10)
PSG to win (Odds 1.70)
The combined odds are calculated by multiplying them:
2.00 x 1.80 x 2.10 x 1.70 = 12.852.
If all four teams win, your potential payout would be £10 (stake) x 12.852 = £128.52.
If any one of the teams fails to win, your entire £10 stake is lost.
A type of football betting that eliminates the possibility of a draw, providing two outcomes. Teams are given handicaps (goals or half-goals) to level the playing field, making the match more balanced for betting purposes.
Example;
Manchester United (-1.5) vs Chelsea (+1.5):
If you bet on Manchester United (-1.5), they must win by 2 or more goals for your bet to win (e.g., 2-0, 3-1).
If you bet on Chelsea (+1.5), they can lose by 1 goal, draw, or win for your bet to win (e.g., 0-1, 1-1, 2-1).
In horse racing, "Pulled Up" indicates that the jockey has intentionally stopped or pulled the horse out of the race before it finishes, usually due to concerns about the horse's welfare, injury, or fatigue. When a horse is "PU", it does not complete the race, and bets placed on it are typically considered losing bets.
Example;
During a demanding jumps race, a jockey might "pull up" their horse if it appears to be struggling over the fences or showing signs of lameness, preventing further risk of injury. This will be noted as 'PU' in the race results.
A betting market primarily used in football where you bet on one team to win. If the match ends in a draw, your stake is refunded, and the bet is considered void.
Example;
You bet £10 on Chelsea to win against Tottenham in a 'Draw No Bet' market.
If Chelsea wins, you win your bet and receive your payout.
If the match ends in a draw, your £10 stake is returned to you.
If Tottenham wins, you lose your £10 stake.
A specific betting market in football where you predict that the total number of corners awarded in the first half of a match will be fewer than 4.5 (i.e., 4 or fewer corners).
Example;
You bet on 'Under 4.5 HT Corners'.
If the first half ends with 2, 3, or 4 corners awarded, your bet wins.
If 5 or more corners are awarded, your bet loses.
A feature offered by many bookmakers that allows you to settle your bet before the event has concluded. You can take a partial return on your bet, either to secure a profit if your bet is winning or to minimise losses if it looks like it will lose.
Example;
You place a £20 bet on Manchester United to win at 3.00 odds.
With 10 minutes left, United are winning 1-0, but the opposition is pressing.
The bookmaker offers you £45 to 'Cash Out'.
You can take the £45 (a profit of £25) and not risk the opposition scoring an equaliser, or let the bet run for the full potential return of £60.
In horse racing, "Going" refers to the condition of the racecourse surface, primarily determined by the amount of moisture in the ground. It ranges from 'Heavy' (very soft) to 'Firm' (very hard), influencing how horses perform.
Example:
A horse that "acts on soft ground" performs well when the going is soft or heavy, meaning its past results are strong in those conditions.
A football bet where you predict the result at both half-time and full-time in the same match. You must correctly predict both outcomes for your bet to win.
Example:
You bet on "Draw/Home" in an Arsenal vs Chelsea match. This means you predict the score will be a draw at half-time, and Arsenal will be winning at full-time.
The price offered by a bookmaker on a selection, indicating the potential return for a winning bet.
Fractional Odds (e.g., 4/1): Show the profit relative to your stake. A 4/1 bet means for every £1 staked, you get £4 profit. You also get your original £1 stake back.
Decimal Odds (e.g., 3.00): Show the total return (stake + profit) for every £1 staked. A 3.00 bet means for every £1 staked, you get £3 back in total.
Examples:
Fractional:
Betting £10 on a team at 3/1 means a potential profit of £30 (£10 stake × 3).
Including your original £10 stake, your total return would be £40.
Decimal:
Betting £10 on a team at 3.00 decimal odds:
Total Return: £10 (stake) × 3.00 (odds) = £30.
Profit: £30 (total return) - £10 (original stake) = £20.
Alternatively, you can calculate profit directly: £10 (stake) × (3.00 - 1) = £10 × 2.00 = £20.
This means you get your original £10 stake back plus £20 profit.