(adsbygoogle = window.adsbygoogle || []).push({}); Just a little thread to help you out in the real world and also in the vbookie (because you always place "singles" in the vbookie section, I will explain what they are in a moment!)

All the different types of Bets you can place

Single - A 'singe' consists of 1 bet involving 1 selection. That selection must be successful to get a return.

Double - A ‘double’ consists of 1 bet involving 2 selections in different events. Both must be successful to get a return.

Treble – A ‘treble’ consists of 1 bet involving 3 selections in different events. All three must be successful to get a return.

Trixie – A ‘trixie’ consists of 4 bets involving 3 selections in different events. The bet includes 3 doubles and 1 treble. A minimum of 2 of your selections must be successful to get a return.

Patent – A ‘patent’ consists of 7 bets involving 3 selections in different events. The bet includes 3 singles, 3 doubles and 1 treble. Just one successful selection guarantees a return.

Yankee – A ‘yankee’ consists of 11 bets involving 4 selections in different events. The bet includes 6 doubles, 4 trebles, and a fourfold accumulator. A minimum of 2 of your selections must be successful to get a return.

Lucky 15 – A ‘lucky 15’ consists of 15 bets involving 4 selections in different events. The bet includes 4 singles, 6 doubles, 4 trebles, and 1 fourfold. Bonuses are generally paid for just one winner or for four winners (hence the ‘lucky’.

Heinz - A ‘heinz’ consists of 57 bets involving 6 selections in different events. The bet includes 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and an accumulator. A minimum of 2 of your selections must be successful to get a return.

Super Heinz – A ‘super heinz’ consists of 120 bets involving 7 selections in different events. The bet includes 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, 7 sixfolds and an accumulator. A minimum of 2 of your selections must be successful to get a return.

Goliath – A ‘goliath’ consists of 247 bets involving 8 selections in different events. The bet includes 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, 8 sevenfolds and an accumulator. A minimum of 2 of your selections must be successful to get a return.

Accumulator - An ‘accumulator’ is a single bet that links together two or more individual wagers and is dependent on all of those bets winning together. The benefit of an ‘accumulator’ bet is that there are much higher payoffs than placing each individual bet separately although the likelihood of all the selections winning is much lower. Common accumulator type bets include: Double, treble + fourfold, above four bets it is known simply as an accumulator.



Complicated Betting Terms explained

Handicap Bet - sometimes known as Asian Handicap

In simple terms, one of the two sides is generally given a ‘head start’ in terms of the number of goals. Odds are then offered based on that ‘head start’. This sort of betting is often called ‘Asian Handicap’ betting, after the region where it originated.

Example

Manchester United (-2.0) 10/11 v Wolves (+2.0) 5/6

You are probably wondering what that all means. Let me explain it to you. In this example, the bookmaker is giving Wolves a 2 goal ‘head start’ in this match. That is represented by the ‘-2.0’ against Manchester United and the ‘+2.0’ against Wolves.
The figures next to the handicap are the odds in decimal form. Manchester United’s odds of 1.93 are equivalent to ‘0.93 to 1’ or about 10/11. Wolves’ odds of 1.88 are equivalent to ‘0.88 to 1’ or about 5/6. You therefore place your stake on either side to win at those odds.
If you put £10 on Manchester United at 1.93 and they win by three goals or more, you win. If United win by two goals, your stake will generally be refunded (unless the “Handicap Draw” option is available). If United win by one goal, you lose (as this market gave Wolves a 2 goal head start, so Wolves ‘win’ 2-1). Again, if the match is a draw or Wolves win the match, you lose.
If you put £10 on Wolves at 1.88 and they win the match, if it is a draw, or United win by one goal, you win. If United win by two goals, your stake will generally be refunded (again, unless the “Handicap Draw” option is available). If United win by three or more goals, you lose.
The closer the two teams are, the smaller the handicap.

Want to bet in real life but Don't know who to bet on?

Check out My You must login or register to view this content. , I give daily tips on bets to place, I have a high success rate as you will see at the bottom of the thread! (Bet at your own risk, just trying to help some of you out)

On the multi-page above you will be able to see odd terms and meanings to words in betting that signify something, but if that sounds confusing, just head over there now!

Thanks for Reading!

[multipage=All the Odd Terms]

Odd terms

How are odds shown?

Well, odds are shown in many different ways and there are many different forms of odds, there are:

• Bookmarkers odds - 7-1 (these are common in sporting events)
  
• Decimal odds - 11.0 (these are used on betting exchanges)
  
• Percentage odds - 25% (show as payouts in casino games)
  

Fixed Odds Betting

When you place a fixed odds bet, you are staking a certain fixed amount of money against the bookmakers money to predict the outcome of the event. The bookmakers odds reflect how much you will win from the bookmaker if your prediction is correct.

Stake

When placing a bet, your stake is the amount of money which you risk or gamble. If you win then your winnings are calculated according to the odds at which your bet was agreed.

Laying Odds

This is another term for a bookmaker taking bets. By agreeing your bet, the bookmaker is laying that particular outcome of the event. The bookmaker is risking their money to lay, or to promise to pay the winnings, should your bet be successful.

Odds Against

Odds against is the term used to describe a bet where you will receive a return of more than double your stake. The profit on the bet will be more than your stake.

Even Money

Also known as EVS, this is when the return will be double your stake. The profit on your bet will be the same as the amount you staked. Both you and the bookmaker are risking the same amount on the bet

Odds On

Odds on is the term used to describe a bet where you will need to stake more than you will win, In fractional terms this is anything with odds of less than EVS, so 1/2 is odds on. The word on indicates that the odds are reversed. You may hear the expression 2/1 on referring to a selection with odds of 1-2

Short Odds

This indicates that a selection has a good chance of winning. Short odds will be where you wouldn't receive a large return for your investment. For example a horse at 6/4 would be considered short odds.

Long Odds

This indicates that a selection has a poor chance of winning. If you bet at long odds you will receive a good return on your investment if you are correct. For example, a horse at 50/1 would be considered Long Odds.