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11. Double / Treble

These are just accumulators with a specific number of selections. A double = 2 picks. A treble = 3 picks. Simple, but still “all must win.”

📌 Double: Team A win + Over 1.5 goals.

12. System Bet

A system bet is basically a way to combine selections without needing all of them to win. It creates multiple smaller bets from your picks.

📌 3 selections as a system can pay out even if 1 loses (depending on the system).

13. Live Betting

Live betting means betting while the event is happening. The odds move constantly depending on what’s going on; goals, red cards, momentum, time left.

📌 Betting “Next team to score” in the 70th minute.

14. Pre-Match Betting

Pre-match betting is betting before kickoff. Odds are usually more stable, and you can think calmly instead of reacting to every attack.

📌 Placing your bets earlier in the day for an evening match.

15. Cash Out

Cash out lets you end a bet early for a fixed amount. People use it to lock profit or cut losses, but it’s not always “fair value,” because the sportsbook builds margin into it.

📌 Your bet is winning, you cash out now for $14 instead of risking a late goal.

16. Void Bet

A void bet is cancelled and settled as if it never happened, usually with your stake returned. This happens in specific situations (match abandoned, player doesn’t start, etc.).

📌 A player-scorer bet can be void if the player doesn’t enter the match.

17. Push

A push is basically a tie in certain markets (common in handicaps and totals). When a push happens, you typically get your stake back.

📌 Over/Under 2.0 goals and the match ends with exactly 2 goals → push.

18. Over/Under

Over/Under bets are about totals: goals, points, corners, sets, you name it. The “.5” exists to avoid pushes.

📌 Over 2.5 goals wins if there are 3+ goals.

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That's why you always need to cover both sides!

Credit: ecuador.tv

1. Odds

Odds are basically the sportsbook’s way of saying two things at once: 1. how likely they think something is, and 2. how much they’ll pay you if you’re right. The lower the odds, the more “expected” the outcome. The higher the odds, the more unlikely.

📌 Odds +150 with a $100 stake returns $250 total.

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2. Stake

Your stake is the amount of money you’re risking on that bet. It’s what you type into the bet slip before you confirm.

📌 Stake $20 on Over 2.5 goals.

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3. Return

Return is the total amount you get back if the bet wins, including your stake.

📌 $100 at odds +180 → return $280 total.

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4. Profit

Profit is what you actually win, meaning return minus stake. It’s the number you care about when you’re tracking results.

📌 $100 at odds +180 → profit $180.

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5. Sportsbook

The sportsbook is the platform you’re betting with, setting the odds, offering promos, and paying out winnings.

📌 You place the bet on a sportsbook like you would on any betting app.

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6. Betting Market

A market is the category of bet you’re choosing from. A single match can have dozens of markets, not just “who wins,” but totals, corners, cards, scorers, and more.

📌 1X2, Over/Under 2.5, Both Teams to Score, Correct Score.

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7. Selection

Your selection is the specific thing you’re picking inside a market. It’s the exact bet you’re taking.

📌 Market: Over/Under 2.5 goals → Selection: Over 2.5.

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8. Bet Slip

The bet slip is the “checkout” area where your selections go. It shows the stake, odds, potential return, and the type of bet. Always double-check here, it’s where mistakes can become expensive.

📌 You add selections, type the stake, then confirm.

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9. Single Bet

A single is the simplest bet: one selection, one outcome. If you’re starting out, singles are the easiest way to learn how odds and returns work.

📌 $10 on Team A to win.

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10. Parlay

A parlay bundles multiple selections into one bet. It’s popular because returns can look attractive, but the catch is every selection must win. One miss and the whole bet loses.

📌 Team A win + Over 2.5 goals + BTTS = Yes.

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Check the link in bio and find out the easiest sports betting strategy for beginners.