Sports betting has become an increasingly popular pastime for many, with online platforms making it even more accessible. With the wide array of sports and markets available, it's crucial to familiarize oneself with the sports betting terms. This glossary aims to provide a comprehensive understanding of the most common sports betting terminologies, helping you navigate through the exciting world of sports betting. 1. Accumulator: Also known as a parlay, an accumulator is a bet on multiple selections, with each selection having a separate set of odds. All selections must win for the bet to be successful. 2. Ante Post: Ante Post refers to bets placed well in advance of the actual event, often used for non-regular seasons events, such as horse racing. 3. Asian Handicap: A type of handicap betting system commonly used in sports like football, where the teams are given a theoretical advantage or disadvantage in terms of points, causing a shift in odds. 4. Bookmaker: A bookmaker or bookie is an individual or organization that offers sports betting opportunities. They provide odds and eventually pay out winnings to the successful bettors. 5. Betting Exchange: Also known as peer-to-peer betting, a betting exchange allows customers to bet on the outcome of a sporting event against each other. Traditional bookmakers don't set odds here; instead, bettors negotiate odds with each other. 6. Over/Under: An Over/Under bet is a wager placed on the number of events that will happen within a specific time frame. If the total number of events goes over the specified amount, the Over option wins; if it goes under, the Under option wins. 7. Point Spread: A bet on the margin of victory (or defeat) of one team in a sporting event. For the favorite team, a bettor must receive more points to win, while for the underdog, a bettor must give up points to win. 8. Starting Price (SP): The Starting Price is the odds offered at the moment a race begins. Bookmakers use information from the betting exchanges to set the starting price. 9. Each-Way: An each-way bet is a bet on a particular event divided between two outcomes, the win and the place in horse racing. Each-way bets pay out both if the horse wins the race and if it finishes in a specified place. 10. Treble: A type of accumulator that consists of three selections in different events, each with its own set of odds, with winnings carried forward to the next selection. All three selections must win the bet to be successful. Understanding these sports betting terms is crucial to making informed bets and improving your chances of success. With these definitions, you'll be better equipped to navigate the lively and exciting world of sports betting.