Sports Terms

Welcome to the Lope Bet sports betting glossary. Whether you're new to sports betting or looking to enhance your knowledge, here you'll find the most common terms used in the betting world.

Main Sports Betting Terms

Understand the meaning of the most commonly used terms in sports betting:

• Odds: Odds are the numbers that indicate the probability of a particular outcome in a sporting event. They also determine the amount of return in case of a win.
• Single Bet: A bet placed on a single outcome of a sporting event. The win or loss is based on this single event.
• Accumulator (Multiple) Bet: A bet on more than one outcome from different events. To win, all selected events must result in a win.
• Handicap: A betting system where a team or player is given a hypothetical advantage or disadvantage before the event starts, to level the odds.
• Cash Out: An option offered by bookmakers that allows the bettor to settle their bet before the event ends, securing a smaller profit or minimising losses.
• Over/Under: A type of bet where you bet on whether the total points or goals in an event will be over or under a number set by the betting site.
• Stake: The amount of money the bettor chooses to invest in a specific bet. For example, placing a stake of ₹500 on a match.
• Correct Score: A bet where the goal is to predict the exact final score of a game or sporting event.

Live Betting Terms

In live betting, specific terms are used to describe the actions and options during the game:

• Live Betting: Betting on an event that is taking place in real-time, with odds constantly adjusted as the game unfolds.
• Suspension: When the bookmaker pauses betting due to a significant change in the event, such as a goal or a red card.
• Partial Bet: Bets placed on specific parts of the event, such as the first half result in a football match.

Tips for Beginner Bettors

If you're starting out in the world of betting, here are some important tips to help you better understand the terms and make more informed bets:

• Start slow, betting on sports you're familiar with.
• Study the odds and understand how they reflect the probability of outcomes.
• Use cash out wisely to secure profits or minimise losses.
• Avoid complex accumulator bets until you gain more experience.
• Set a limit for your stake and never bet more than you can afford to lose.

Contact

If you have any questions about any terms or need more information, feel free to contact our support team via email at [email protected].