Bet Glossary

This glossary is for bets commonly offered by bookmakers in the United Kingdom. Please keep in mind that if you encounter these terms in another country, they may have a slightly different meaning. Regardless of whether you are in the UK or somewhere else, it is always a good idea to check with you particular bookie to make sure there is no misunderstanding of what a term actually entails.

Win, place and each-way

Win

A bet on win will yield you money only in case of a win, e.g. if your horse comes in first (not second or third). Bets on “win” can be placed on a single event or on multiple events. In the case of betting “win” on multiple events, you normally have to get all bets correct in order to win anything, i.e. getting 3 out of 4 soccer matches right will not give you any reward.

Place

This is an especially popular bet for horse races and greyhound races. Your horse / dog needs to finish within a predetermined number of positions (places) in order for you to win. Often, it is the first 2, first 3 or first 4 places that are considered “place”.

Each-Way

Each-Way is a combination of win and place bets of equal size. You can place an each-way bet on a single event or on multiple events.

Singles and Multiples

Single
A single bet is a bet on an individual selection, e.g. a win bet on a single game of soccer.

Double
Placing a double bet is betting on two selections. Both selections must win for you to get paid.

Treble
Placing a treble bet is betting on three selections. All three selections must win for you to get paid.

Accumulator
This is a bet on four or more selections. All selections must win for you to get paid. Accumulator bets are named after how many selections that are included, e.g. fourfold, fivefold and sixfold accumulator bets.

Full cover bet

All full cover bet is a bet comprised of all possible doubles, trebles and accumulators across a given number of selections. Examples of full cover bets are Trixie, Yankee, Super Yankee / Canadian, Heinz, Super Heinz and Goliath.

For more information on full cover bets, please visit our full cover bets article.