Glossary


B


Back

Bet in favor of… means you are betting on a specific outcome to come be true.

 

Banking

Total amount of money the bettor has to bet on a betting house.

 

Betting Exchange

Is a betting platform that allows multiple bettors to bet against other. Eg: Betfair.

 

 


D


Draw

The event ends in a draw.

 

Draw no Bet

Market where bets are returned if the game ends in a draw.

 

Dutching

Bet in favor of several results by simultaneously distributing a Bet according to the Odd of each result, to obtain profit on all of them.