Online Betting terms And Their Meanings (Part 1).

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Online betting terms and their meanings. 

In Betting, many specific terms are used. For you to master the trade, you must know them and when to use any for your own advantage. 
Accumulator: A series of bet selections which all their outcomes must be successful for the bettor to win.
Ante Post:Involves placing some football bets weeks, months and sometimes years in advance. For example when you bet on the premiership or world cup winner. Such bets are called ‘ante post’ bets.

Asian Handicap:Asian handicaps are, as the name suggests, a special type of handicap betting popular in the Far East Asia and commonly used in football betting. In addition to

typical +1, 0, and -1 handicap seen in standard handicap football match betting, Asian handicap allows for a 0.25 goal, 0.5 goals and a 0.75 goal start. On the face of it this may not seem to make a lot of sense, since any team that beats (or loses to) a 0.5 goal start will also beat (or lose to) a 0.25 goal start. However, there is more to 0.25 and 0.75 ball betting than meets the eye. As for normal handicap betting, the underdog will be awarded a head start of a handicap, and the favourite will concede a handicap of the same magnitude. For the purposes of bet settlement, the predetermined number of the handicap will be added to the real number of goals. Where no handicap is awarded (0:0 handicap), a drawn game will result in a tied bet and returned stakes. If either side wins, bets backing that team will win, whilst bets backing the other will lose. Similar rules apply for 1 goal (0:1) and 2 goal (0:2) Asian handicaps. When 0.5 ball handicaps are applied, bets can only be won or lost – a tied bet is impossible. If the handicap is set at 0.25 (or 0.75, 1.25, 1.75 etc) of a goal, then any bets on the match will be settled as a split stakes bet, with half the stake going on the handicap 0.25 of a goal less than the quote and half on the handicap a 0.25 of a goal more. For example, with a 0.25 ball handicap, half the stakes will be settled as though the handicap was 0, and half as though the handicap was 0.5. It follows, then, that if a team beats a 0.25 ball handicap by 0.5 or more, the backer will win the whole bet; if they lose by 0.5 or more, the backer will lose the whole bet. It is only when the result falls within 0.5 of the handicap that the result is different from a conventional handicap. When a team beats the handicap by a 0.25, the backer receives half stakes on a win, and half returned. For example, if N1000 were staked at odds of 1.95 for a 0.25 ball advantage, a drawn game would return a profit of N475. This is known as a “win 0.5”. If a team loses by a 0.25, the backer has only half his stake returned. This is known as a “loss 0.5”.  
Banker: Means a bet selection that is fancied to be very strong not to fail. It is often the cornerstone of combination bets. Also read How to discover home and away win bankers
Bookie/Bookmaker: A company who is licensed to accept bets on the result of an event based on their provision of odds to the customer. 
Canadian: A Canadian (also known as a Super Yankee) consists of 26 bets involving 5 selections in different events. The bet includes 10 doubles, 10 trebles, 5 four folds plus an accumulator. A minimum of 2 of your selections must be successful to get a return. Read full details about canadian 26 here
Correct Score:Involves a bet where the correct and accurate score of a football match is made. The odds are dependent on the actual match odds between the two teams.
Dog: Also known as the “underdog”. A person or team that is expected lose a fight or match. 
Doubles: An accumulator which involves two selections. Both must be successful for the bet to win. 
Double Action: A bet that goes on if the previous bet was won, tied, or cancelled. An ‘if- bet’ that will sail through if the previous bet was successful.
 

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