Accept Higher Odds
The "accept higher odds" button means that if the price changes between entering the selection in your bet slip and actually confirming your bet, then you would accept the higher odds automatically without receiving a price change request. This does not apply to any subsequent price changes after your bet has been placed. Please note that Best Odds Guaranteed applies whether you tick this box or not, subject to Terms and Conditions
Accumulator (or -Fold)
A cumulative bet where the bettor designates a selection in several races or events and bets on the first one; if he wins, the winnings become his bet on the next; and so on (also see fold bets). Accumulators are often named after the number of selections they contain - for example, a fourfold, fivefold or sixfold accumulator etc
Ante-post prices are those on major sporting events, usually prior to the day of the event itself. In return for the chance of better odds, punters risk the fact that stakes are not returned if their selection pulls out.
Asian Handicap handicap betting was primarily created as a means of making betting on soccer matches more attractive to the customer and is very popular in the Far East. A handicap is created to give a roughly equal chance to both teams. The favoured team will have to overcome a deficit of goals, while the other team will have a head start in goals.
A unique reference number relating to a transaction made on your account.
Where your selection goes when you want to place a bet. This is where you enter the stake and confirm the bet.
The price displayed for each horse on a race card. To take a 'Board Price' is to accept a price that is available from the track until the start of the race.
'Best Odds Guaranteed' - Take an Early Price (EP) or Board Price and if the Starting Price (SP) is greater we will pay you at the bigger price. Terms & Conditions apply
A bookmaker's tally of amounts bet on each competitor, and odds necessary to assure him of profit.
Also known as a Super Yankee this is made up of 26 bets involving 5 selections: 10 doubles, 10 trebles, 5 four-folds, 1 accumulator. Two successful selections are needed to guarantee a return.
If you choose 3 or more selections and want to combine every possible outcome of the selections finishing 1st & 2nd. A Combination Forecast with 3 selections is 6 bets.
A bet that involves correctly predicting the final score of a football game
Darts App from Parimatch
Parimatch’s darts app is the ultimate app for all fans of the sport, combining animated simulations of the action on our real-time scoreboard as well as previews, player stats and live-scoring for all matches at major PDC televised events. All betting markets offered within the Parimatch Darts App are offered and settled in accordance with our standard Darts Betting Rules which can be viewed in section 1224 of Betting Rules within the Help Centre.
A dead heat is when two or more participants tie for a place. Should a dead heat occur then bets are usually settled by dividing your stake by the number of participants that tied and settling accordingly. For example, 3 horses (including my selection) tie for 1st place. I had £6 at 2/1. A stake of £6 divided by 3 (number of horses tied) = £2. £2 at 2/1 = £6 total return. In golf, when there are several players tied for places, the calculation becomes a little more complicated. The stake is calculated by the number of places remaining divided by the number of participants involved in the dead heat, i.e. 2 places remaining, 3 participants in the dead heat = 2/3 of stake.
One bet involving two selections from different events. Both selections must be successful for your bet to win.
The outcome of your bet will be on either of two selections; you win if either selection/outcome wins. Using football as an example if you select win/draw as the option, your bet is a winner if your team win or if they draw, meaning that only the defeat of the team you backed will result in a loss. The odds will be reduced on this particular bet.
Double Result means if your horse is 'First Past The Post' you get paid in full, however, should your horse be awarded the race or promoted to a place, as a result of a Stewards Enquiry or Objection which is announced before the 'weigh-in' or 'winner alright', we will still pay you.
Each way (EW)
An each-way bet consists of two wagers. The first is for the selection to win and the second is for the selection to achieve a place. The place odds are determined by the individual conditions of each event. A £5 each-way bet will cost £10 in total.
Early Price (EP)
The price offered before the 'Board Price' is displayed from the racecourse. This allows you to take a price on the morning of a race usually up until around 10 minutes before the Board Price is displayed.
Odds of 1/1 or 2.00
The favourite is the selection in an event that the bookmaker considers most likely to win and is therefore listed at the shortest odds. Also, see - 'Unnamed Favourite'.
First Goal Scorer
A bet placed on a player to score the first goal in a Football game
First Try Scorer
A bet placed on a player to score the first try in a Rugby match.
Fold (or accumulator)
When preceded by a number, a fold indicates the number of selections in an accumulator. An 8-Fold would be an accumulator with 8 selections. All selections must-win for the bet to be successful. You cannot mix win only and each-way selections in a straight fold/accumulator, however, if all of the selections are available with "to Place" terms, the bet can also be placed as an Each Way accumulator. In the case of a non-runner, returns are calculated as though the fold/accumulator hadn't contained the selection i.e. a six-fold would become a five-fold.
A wager that involves correctly predicting the first and second in a particular event. Prices cannot be taken on a forecast - a dividend of how much the forecast pays to a £1 stake is declared after the race. Also, see - 'Reversed Forecast'.
247 bets involving 8 selections: 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds, 1 accumulator. Two successful selections are needed to guarantee a return.
Half Time result - 45 minutes
A wager that involves correctly predicting the result of a game at half time.
Half Time/Full Time
This involves predicting the result at half-time and the result at full-time as 1 wager with a single price offered.
A method used by bookmakers to make a one-sided event become a more attractive betting proposition. Teams are awarded a number of points start depending on their calibre (also known as the "point spread" or "line").
57 bets involving 6 selections: 15 doubles, 20 trebles, 15 four-folds, 6 five-folds, 1 accumulator. Two successful selections are needed to guarantee a return.
In Running (IR)
A term used to describe a race or event that is in progress. Also referred to as 'Live Betting' or 'IR'.
In Running Betting
This is when odds are offered on an event which is actually in progress. The odds are updated throughout an event depending on how play is going, and the market is usually offered on sporting events which are being covered live on Television. Mainly Football but also Golf, Cricket and Tennis. Also referred to as 'Live Betting' or (IR).
15 bets involving 4 selections: 4 singles, 6 doubles, 4 trebles and 1 four-fold.
31 bets involving 5 selections: 5 singles, 10 doubles, 10 trebles, 5 four-folds, 1 fivefold.
63 bets involving 6 selections: 6 singles, 15 doubles, 20 trebles, 15 four-folds, 6 five-folds, 1 six-fold.
Match Spread betting
Handicap betting where teams are given a starting points advantage/disadvantage, eg + 5, - 5, applied to their final score
Minute to win it
In order to win, you must correctly select whether there will be Goal, Corner, Throw In or Free Kick within the stated minute. (the stated minute being the minute displayed on the Minute to Win It coupon "from" time til "to" time). Minute one is the period between 0:00 and 0:59 seconds, minute 2 is 1:00 to 1:59, minute 3 is 2:00 and 2:59 and so on up to and including 89:00 to 89:59 at which point the market is concluded.
Money Line (betting)
Basic match betting of Team A vs Team B
This can be a double, treble or accumulator. A linked series of win singles. The stake is placed on the first selection and if it wins, all of the return from the first selection is automatically staked on the second selection as a win single and so on until all selections have won, thus giving a return, or until one selection loses in which case the whole bet is lost.
A non-runner is a selection that is withdrawn before the start of an event. Non-runners are treated as void selections unless ante-post rules apply. Bets containing more than one selection automatically adjust to cater for void selections, so that any Doubles containing the selection are effectively treated as Single, any Trebles are treated as Doubles, and so on.
The price that a bookmaker offers for a selection to win a specified event. The smaller the price, the more chance the selection has of winning in the opinion of the bookmaker.
Odds and how they are calculated
Betting odds 9/2 mean a winning payout would be 9 times the stake divided by 2, plus the stake returned. It is calculated using the following formula E.g. £10 single at 9/2; total staked = £10 Returns = £10 × (9/2 + 1) = £10 × 5.5 = £55 An each-way bet offers the Win, plus an additional bet on the Place, with the odds reducing by the advertised Place Eg £10 Each Way Single at 9/2 (1/4 odds a place); total staked £20 (£10 to win, £10 to place) Returns (Win) £10 x (9/2 + 1) = £10 x 5.5 = £55 Returns (place) £10 x (9/2 x 1/4 +1) = £21.25 Therefore returns if selection wins = £55 + £21.25 = £76.25. If selection places, returns are £21.25 as Win part is lost
Any selection with a price less than even money. If you back an Odds-On selection then your winnings will be less than your stake, eg. £100 on a horse at 1/2 would win you £50. £100 on a horse at 4/5 would win £80.
Bets that are unsettled. It may be that the event is yet to start, the official result is unknown or the bet is currently in the process of being settled.
A bet predicting whether the total number of goals in a sporting event will be over or under the given number. Most popular in football matches but also offered in Basketball.
Palpable or Obvious Error
Where a bet or wager is accepted by us in error, where there is an obvious pricing error or ‘palpable error’. As an example, this could be an accidental reversal of the match odds.
A means of gambling on races in which all bets are pooled and winners are paid according to the size of the pool and the number of other winners. Often shortened in the US to mutuel.
7 bets comprising 3 selections: 3 singles, 3 doubles, 1 treble. One successful selection is needed to guarantee a return.
Another term for Exacta.
Ice Hockey Term - prediction of the result of one of the three specific periods of the match. (3 x 20 minute periods usually played)
It is possible to "perm" bets or selections (e.g. on 4 selections all the possible doubles could be "permed" making 6 bets).
The returns for place bets are calculated as a proportion of the win odds. This varies between events and sports. Bookmakers clearly advertise the place terms in operation when the bet is struck.
This refers to a selection coming second, third or fourth in an event. The positions which are considered to be placed depends on the size of the field (e.g. in a race with 8-11 participants, first, second and third count as placed).
This is a term used to describe the betting odds. eg. 2/1 or 3.00.
Ice Hockey term - handicap betting where teams are given a +/- goal start
A related bet occurs when betting on one outcome can be seen to lead to, or influence the outcome of another selection in your bet. Unless special odds are quoted (including Scorecasts), multiple bets (doubles and upwards) are not accepted that involve related contingencies. If taken in error as part of a double bet, the stake will be divided equally as separate singles. If a multiple bet containing any related contingencies has been accepted in error, the stake will be equally split into smaller multiple bets where the selections are not related, and therefore do not clash.
The total money a customer gets back from a successful bet - this includes winnings and stake.
Consists of two separate bets. When a forecast bet is reversed the 2 selections can finish 1st and 2nd in either order.
When a horse is withdrawn and there is insufficient time to form a new market the remaining horses in the race are subject to a deduction if they win or are placed. In some instances, this can apply to other sports. See Horse Racing rules.
Run Line betting
Baseball term - an Over/Under market for the total runs scored in a specified period/match
In a football game, this involves predicting the first goalscorer and the correct score in 90 minutes. A special price is quoted for both happening. In order to improve the settlement of this type of bet, as of 13 November 2014 bets where a) your selected player does not take part or b) comes on after the first goal is scored, will be made void. Previously in these circumstances bets reverted to a single on the correct score
In tennis or darts, a wager that involves correctly predicting the sets won by each of the participants in a match.
A straight bet on one selection to win one event.
Six golfers are grouped together for betting purposes only. They are each priced to return the lowest score over one round. There is at least one six-shooter for each round of play throughout the tournament. Dead-heat rules apply.
Spincast is a betting tool unique to Parimatch. The aim is to select the 90 Minute result, Over/Under Total goals and the Anytime Goal Scorer in a particular match. Select the match you want to bet on from the match menu. Return to this menu at any time by clicking on the menu button. Spin the reels for a random outcome or choose your own selections by clicking on the up and down arrows on each reel. The odds for your bet will display underneath the reels. Once you have a combination you want, simply click add to bet slip and place your bet.
Starting Price (SP)
The Starting Price (or S.P.) is the final price that a horse or dog is returned at once the race has run. If a price is not taken when placing a bet, it will be automatically settled at the returned S.P.
120 bets involving 7 selections: 21 doubles, 35 trebles, 35 four-folds, 21 five-folds, 7 six-folds and 1 accumulator. Two successful selections are needed to guarantee a return.
Also known as a Canadian this is made up of 26 bets involving 5 selections: 10 doubles, 10 trebles, 5 four-folds, 1 accumulator. Two successful selections are needed to guarantee a return.
A handicap bet with three possible results: Win, Draw, Win. Handicaps are used to make a one-sided event become a more attractive betting proposition. E.g. Team A -1, Draw, Team B +1.
A wager offered in Golf tournaments where three players are matched against each other to see who can shoot a round of golf (18 Holes) in the lowest score. Dead-Heat rules apply in Three Ball betting.
Top Batsman/Top Bowler
The highest-scoring batsman, or the leading wicket-taker, for one particular team in a cricket game - the bet is for the 1st Innings Only unless specified otherwise.
This consists of 1 bet involving 3 selections from different events. All 3 must be successful for your bet to win.
A wager that involves correctly predicting the 1st, 2nd and 3rd place in a particular event. A straight tricast consists of 1 bet and the selections must finish in the exact order given - a Combination Tricast means the selections can finish in any order, but this means paying for more individual bets, eg. a combination tricast with 4 selections is 24 bets.
A Trixie is a multiple bet consisting of 4 bets with 3 selections. The bet breakdown is 3 doubles and 1 treble.
A wager offered in Golf tournaments where two players who are matched against each other to see who can shoot a round of golf (18 Holes) in the lowest score. In Two-Ball betting, a Tie price is offered. Also, see Three-Ball Betting.
If you place a bet on the un-named favourite in a horse or dog race, you are automatically on the selection which returns the shortest Starting Price - also see 'Favourite'.
A wager that involves predicting the difference in scores between two competing teams. Usually offered in Rugby matches and American Football.
11 bets involving 4 selections: 6 doubles, 4 trebles, 1 accumulator. Two successful selections are needed to guarantee a return.