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Bet Types

Back Bet

A bet in favor of an outcome occurring, which is the standard type of bet most people are familiar with. On a betting exchange, backing is the opposite of laying. When you back a selection, you believe it will win. If it does, you receive the payout at the agreed odds.

Related Bet Types Terms

Outright
A bet on the overall winner of a tournament, league, or competition, rather than a single match result. For example, betting on which team will win the Premier League. Similar to futures but more commonly used in European betting markets. Outright bets usually have many possible outcomes.
Both Teams to Score (BTTS)
A popular football (soccer) bet where you wager on whether both teams will score at least one goal during the match. You can bet 'Yes' (both teams score) or 'No' (at least one team fails to score). Only regular time counts; extra time and penalties are excluded.
Prop Bet (Props)
A bet on a specific event or occurrence within a game that may not directly relate to the final outcome. Examples include first player to score, total passing yards by a quarterback, or number of corners in a football match. Prop bets can be player-based or game-based and are increasingly popular.
Each Way (E/W)
A bet consisting of two equal parts: one on the selection to win and one on the selection to place (finish in the top positions). Common in horse racing and golf. If your selection wins, both parts pay out. If it places but does not win, only the place part pays at a fraction of the win odds (typically 1/4 or 1/5).
Parlay (Multi)
A single bet that links two or more individual wagers together, requiring all selections to win for the bet to pay out. Also known as an accumulator (acca) in the UK or a multi in Australia. The combined odds are the product of each individual selection's odds, creating high potential returns but lower overall probability.
Asian Handicap (AH)
A handicap betting system originating in Asia that eliminates the draw as a possible outcome by using quarter-goal and half-goal lines. For example, a -0.75 Asian Handicap splits your stake between -0.5 and -1.0 lines. This system offers more precise handicapping and often lower margins than European handicaps.
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