Betting Glossary
OnTheBallBets defines the key terms used across UK sports betting. This glossary covers bonus codes, betting terminology, bookmaker features, and offer terms to help UK punters understand betting sites and promotions.
Other Terms
- Accumulator – An accumulator (acca) is a single bet combining multiple selections where all must win for the bet to succeed. Odds...
- Ante-Post Betting – Ante-post betting is placing wagers on events days, weeks, or months before they occur, typically offering enhanced odds compared to...
- Best Odds Guaranteed – Best Odds Guaranteed (BOG) is a horse racing promotion where bookmakers pay the higher of your taken price or the...
- Bet Builder – Bet Builder is a bookmaker feature allowing customers to combine multiple selections from the same match into a single bet....
- Bonus Code – A bonus code is an alphanumeric string entered during bookmaker registration or deposit to activate a promotional offer. UK bookmakers...
- Cash Out – Cash out is a bookmaker feature allowing bettors to settle bets before the event concludes, locking in profit or minimising...
- Each-Way Betting – An each-way bet is two bets in one: a win bet and a place bet. If your selection wins, both...
- Free Bet – A free bet is a promotional wager provided by bookmakers where the operator covers the stake, allowing customers to place...
- In-Play Betting – In-play betting (live betting) allows placing wagers after an event has started, with odds updating in real-time based on match...
- Minimum Odds – Minimum odds are the lowest acceptable odds for bets to qualify for promotions or contribute to wagering requirements. Stated as...
- OTBB Feature Completeness – Betting feature completeness measures how many modern betting tools a bookmaker offers. Core features include cash out (full and partial),...
- OTBB Margin Grade – Betting margin (also called overround or vig) is the mathematical edge bookmakers build into odds to ensure profit regardless of...
- OTBB Offer Value Score – A bookmaker welcome offer rating methodology is a systematic approach to evaluating promotional offers based on objective criteria. Rating methodologies...
- OTBB Payment Flexibility – Payment flexibility measures the range of deposit and withdrawal methods a bookmaker accepts. Flexible operators support debit cards, e-wallets (PayPal,...
- OTBB Trust Index – A bookmaker trust rating is a composite score measuring operator reliability based on customer feedback, regulatory compliance, withdrawal processing, and...
- Qualifying Bet – A qualifying bet is the initial wager required to unlock a bookmaker's welcome offer or promotion. Qualifying bets must meet...
- Stake Not Returned – Stake Not Returned (SNR) indicates that free bet or bonus bet stakes are not included in returns—only winnings are paid...
- UKGC Licensed – UKGC Licensed indicates a gambling operator holds a valid licence from the UK Gambling Commission, the regulatory body governing betting...
- Wagering Requirements – Wagering requirements specify how many times bonus funds or free bet winnings must be bet before becoming withdrawable cash. Expressed...
- Welcome Offer – A welcome offer is a promotional incentive provided by UK bookmakers exclusively to new customers upon registration. Welcome offers typically...
