In the world of betting, understanding the terms and abbreviations is a key factor to help players grasp information, place accurate bets and avoid unnecessary confusion. Whether you are a beginner or have experience, familiarizing yourself with the basic concepts is indispensable. In the article below, In 999 would like to summarize 50 important terms and abbreviations in sports betting and online casino that any player needs to know.
1. General Betting Terms
Odds: Odds – indicates the amount of money the player receives if the bet is successful.
Stake: The amount of money the player bets.
Payout: The bonus returned if the player wins the bet.
Bookmaker: The bookmaker – the unit that organizes and provides betting services.
Bankroll: The total amount of money the player sets aside for betting.
Betting Market: The betting market – the types of bets that can be placed on a match.
Void Bet: The bet is void – the bet is not counted due to a special reason (the match is postponed, canceled, etc.).
Wager: Another word for the act of betting.
Return: The total amount received including the initial bet and the winnings.
Unit: The standard betting unit that the player determines for capital management.
2. Abbreviations in sports betting
FT: Full Time – full time of the match.
HT: Half Time – 1st half.
O/U: Over/Under – Over/Under.
BTTS: Both Teams To Score – Both Teams To Score.
HDP: Handicap – Handicap.
1X2: European Handicap – bet on team 1 to win, draw (X), team 2 to win.
GG/NG: Goal – Goal / No Goal – with or without goals from both teams.
AH: Asian Handicap – Asian Handicap.
CS: Correct Score – predict the exact score.
DC: Double Chance – bet on two possibilities of winning or drawing.
3. Advanced football betting terminology
Draw No Bet (DNB): If the match is a draw, the bet is refunded.
Clean Sheet: The match is not scored.
First Goal Scorer: The player who scores the first goal.
Last Goal Scorer: The player who scores the last goal.
To Win to Nil: Win without conceding a goal.
Half Time/Full Time (HT/FT): Predict the result of the first half and the whole match.
In-Play Betting: Live betting while the match is in progress.
Accumulator (ACC): Accumulator bet on multiple matches – win if all are correct.
Each Way Bet: Two-way bet – popular in horse racing.
Cash Out: Take profit or cut loss before the match ends.
4. Terms in online casino
RNG (Random Number Generator): System that generates random results.
House Edge: House edge – the percentage of profit the house keeps.
Jackpot: Big prize – usually accumulated over time.
Free Spins: Free spins in slot games.
Live Dealer: Real dealer in live casino.
Bonus Round: Bonus round – usually appears in slots.
Reels: The reels in slot games.
Wild: A symbol that can be substituted flexibly in a slot game.
Scatter: A symbol that triggers a free spin or bonus round.
Payout Rate (RTP): The rate of return to the player over time.
5. Bonus and promotion terminology
Welcome Bonus: A bonus to welcome new players.
No Deposit Bonus: A bonus that does not require a deposit.
Wagering Requirement: A wagering requirement to withdraw the bonus.
Reload Bonus: A bonus when the player makes a subsequent deposit.
Cashback: A refund – a portion of the lost bet is returned.
Free Bet: A free bet given by the casino.
Bonus Code: A promotional code used to receive incentives.
Loyalty Program: A reward program for loyal players.
VIP Club: A loyalty club with special privileges.
Turnover: The total bet amount must be reached before the bonus can be withdrawn.
6. Why is it important to understand betting terminology?
Mastering betting terminology and abbreviations not only helps you understand how to play, but also:
Avoid misunderstanding information leading to wrong bets.
Build a more reasonable betting strategy.
Increase capital control and effective odds analysis.
Communicate more easily when participating in the player community.
Whether you play sports betting, online casino or slot games, understanding the technical language is always an important foundation. Save the above list as a reference for use when needed.
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