Bet Types Glossary

  • 1. Singles
  • A single is one bet placed on one selection in an event. Your single wins if the selection you bet on wins. So if you bet ₦100 on a selection to win at odds of 1.5, you’ll get ₦50 plus your stake back if you’re right – a total of ₦150.
  • 2. Accumulators/Combos
  • Accumulators, also known as combos or multis, are when you pick more than one selection across a number of events. The odds of your selections are multiplied together, offering you the chance to get much higher returns than if you place the bets separately. The names of bets with different numbers of selections are shown in the table below.
    For the accumulator to win, all your selections must win. You can work out the returns from an accumulator by thinking of it as a series of singles that are multiplied together with each win. You multiply the returns from the first bet by the odds of the other bets. Let’s say you bet ₦100 on a treble (an accumulator with 3 selections) with odds of 1.17, 1.33 and 1.44.
    Multiplied together, this means you have odds of 2.26 in total. If all these selections come correctly, you will have your 2.26 odds multiplied by your ₦100 stake to give you a winning of ₦226.
  • 3. Push
  • When you make a bet where there are only two winning outcomes (two-way) – such as which NBA team will be winning after the first quarter – and the score is tied, it’s called a Push. The bet is void and your stake is returned.

    This also applies to Over/Under bets. If you bet on Manchester United and Liverpool scoring more than 3 goals between them and the result is 2-1 to either team, that’s also a push. This rule also applies to the handicap system, such as if you bet on Manchester United to win with Liverpool having a two-goal “head-start” and the result is 2-0 to United.
  • 4. Non-Runner
  • A non-runner is a selection that is named but doesn’t take part in the event. If your selection is a non-runner, your bet will be void (and your stake returned). If the selection is part of an accumulator (multiple), your bet will become the next accumulator bet further down the scale, so a treble becomes a double, a double becomes a single, etc.
  • 5. Void
  • A void bet is when a bet is cancelled for a reason such as a selection withdrawing from the event, meaning that your stake is refunded.

    In all cases where the term ‘void’ is used, settlement will be as follows: Single bets – stakes will be refunded.

    Accumulator (Multiple) bets – void selections will be disregarded within the bet, meaning that if the selection is part of an accumulator (multiple), the bet will become the next accumulator bet down the scale, e.g. a treble becomes a double, a double becomes a single, etc.
  • 6. What is a System bet?
  • System bets are similar to accumulators. The big difference is that you choose several selections and various possible combinations of bets from those selections included in the wager. The best part is that not all your selections need to be right for you to get a return. You get paid for every winning combination, giving you multiple chances to win.

    Let’s have a look at an example:
    A System 2/3 Bet means it’s all about doubles (the 2 in 2/3) and you need to make 3 selections (the 3 in 2/3).

    For your three selections (let’s call them X, Y and Z) there are three possible double combinations: XY, XZ and YZ. If your selections X and Y are right, you’ll get a return on the XY double. If all three selections are right, you’ll win all three doubles! A ₦100 System 2/3 bet costs ₦300 because you’re placing a ₦100 bet on each of three selections.

    So, you make your 3 selections, and below them on your bet slip you’ll see a section called “Multiples”. To place a 2/3 system bet, enter “1” in the box marked “Doubles x 3”. At the bottom of the bet slip you’ll see the number of bets (three), the total cost (₦300) and the maximum return offered if all three selections win.

    You can view your active System bets by clicking the My Bets tab on the Bet Slip, the Open Bets tab at the top of the screen on desktop, or by clicking Open Bets in the Betting History section in the navigation menu on Mobile. You’ll see your bet receipt with the ticket number, the date and time of the events, the bet type, your selections, your total stake and the maximum winnings you’ll get if all your selections are correct.
  • 7. System 2/3
  • A 2/3 system lets you make three selections in different events, producing three possible winning double bets. Winning any two bets guarantees a return. Winning three bets means a higher return. A ₦100 System 2/3 costs ₦300.
  • 8. Trixie
  • A Trixie lets you make three selections in different events, producing four possible winning bets: three doubles plus one treble. Winning any two bets guarantees a return. Winning more bets means a higher return. A ₦100 Trixie costs ₦400.
  • 9. Patent
  • A patent lets you make three selections in different events, producing seven possible winning bets: three singles, three doubles and one treble. Winning any one bet guarantees a return. Winning more bets means a higher return. A ₦100 Patent costs ₦700.
  • 10. System 2/4
  • A 2/4 system lets you make four selections in different events, producing six possible winning double bets. Winning any two bets guarantees a return. Winning more bets means a higher return. A ₦100 System 2/4 costs ₦600.
  • 11. System 3/4
  • A 3/4 system lets you make four selections in different events, producing four possible winning treble bets. Winning any three bets guarantees a return. Winning more bets means a higher return. A ₦100 System 3/4 costs ₦400.
  • 12. Yankee
  • A Yankee lets you make four selections in different events, producing 11 possible winning bets: six doubles, four trebles and one four-fold. Winning any two bets guarantees a return. Winning more bets means a higher return. A ₦100 Yankee costs ₦1100.
  • 13. Lucky 15
  • A Lucky 15 lets you make four selections in different events, producing 15 possible winning bets: four singles, six doubles, four trebles and one four-fold. Winning any one bet guarantees a return. Winning more bets means a higher return. A ₦100 Lucky 15 costs ₦1500.
  • 14. System 2/5
  • A 2/5 system lets you make five selections in different events, producing ten possible winning double bets. Winning any two bets guarantees a return. Winning more bets means a higher return. A ₦100 System 2/5 costs ₦1000.
  • 15. System 3/5
  • A 3/5 system lets you make five selections in different events, producing ten possible winning treble bets. Winning any three bets guarantees a return. Winning more bets means a higher return. A ₦100 System 3/5 costs ₦1000.
  • 16. System 4/5
  • A 4/5 system lets you make five selections in different events, producing five possible winning four-fold bets. Winning any four bets guarantees a return. Winning more bets means a higher return. A ₦100 System 4/5 costs ₦500.
  • 17. Super Yankee
  • A Super Yankee system lets you make five selections in different events, producing 26 possible winning bets: ten doubles, ten trebles, five four-folds and one five-fold. Winning any two bets guarantees a return. Winning more bets means a higher return. A ₦100 Super Yankee costs ₦2600.
  • 18. Lucky 31
  • A Lucky 31 system lets you make five selections in different events, producing 31 possible winning bets: five singles, ten doubles, ten trebles, five four-folds and one five-fold. Winning any one bet guarantees a return. Winning more bets means a higher return. A ₦100 Lucky 31 costs ₦3100.
  • 19. System 2/6
  • A 2/6 system lets you make six selections in different events, producing 15 possible winning double bets. Winning any two bets guarantees a return. Winning more bets means a higher return. ₦100 System 2/6 costs ₦1500
  • 20. System 3/6
  • A 3/6 system lets you make six selections in different events, producing 20 possible winning treble bets. Winning any three bets guarantees a return. Winning more bets means a higher return. A ₦100 System 3/6 costs ₦2000.
  • 21. System 4/6
  • A 4/6 system lets you make six selections in different events, producing 15 possible winning four-fold bets. Winning any four bets guarantees a return. Winning more bets means a higher return. A ₦100 System 4/6 costs ₦1500.
  • 22. System 4/6
  • A 5/6 system lets you make six selections in different events, producing six possible winning five-fold bets. Winning any five bets guarantees a return. Winning more bets means a higher return. A ₦100 System 5/6 costs ₦600.
  • 23. System 5/6
  • A single is one bet placed on one selection in an event. Your single wins if the selection you bet on wins. So if you bet ?100 on a selection to win at odds of 1.5, you’ll get ?50 plus your stake back if you’re right – a total of ?150.
  • 24. Heinz
  • A Heinz system lets you make six selections in different events, producing 57 possible winning bets: 15 doubles, 20 trebles, 15 four-folds, six five-folds, and one six-fold. Winning any two bets guarantees a return. Winning more bets means a higher return. A ₦100 Heinz costs ₦5700.
  • 25. Lucky 63
  • A Lucky 63 system lets you make six selections in different events, producing 63 possible winning bets: six singles, 15 doubles, 20 trebles, 15 four-folds, six five-folds, and one six-fold. Winning any one bet guarantees a return. Winning more bets means a higher return. A ₦100 Lucky 63 costs ₦6300.
  • 26. System 2/7
  • A Lucky 63 system lets you make six selections in different events, producing 63 possible winning bets: six singles, 15 doubles, 20 trebles, 15 four-folds, six five-folds, and one six-fold. Winning any one bet guarantees a return. Winning more bets means a higher return. A ₦100 Lucky 63 costs ₦6300.
  • 27. System 3/7
  • A Lucky 63 system lets you make six selections in different events, producing 63 possible winning bets: six singles, 15 doubles, 20 trebles, 15 four-folds, six five-folds, and one six-fold. Winning any one bet guarantees a return. Winning more bets means a higher return. A ₦100 Lucky 63 costs ₦6300.
  • 28. System 4/7
  • A 4/7 system lets you make seven selections in different events, producing 35 possible winning four-fold bets. Winning any four winning bets guarantees a return. Winning more bets means a higher return. A ₦100 System 4/7 costs ₦3500.
  • 29. System 5/7
  • A 5/7 system lets you make seven selections in different events, producing 21 possible winning five-fold bets. Winning any five bets guarantees a return. Winning more bets means a higher return. A ₦100 System 5/7 costs ₦2100.
  • 30. System 6/7
  • A 5/7 system lets you make seven selections in different events, producing 21 possible winning five-fold bets. Winning any five bets guarantees a return. Winning more bets means a higher return. A ₦100 System 5/7 costs ₦2100.
  • 31. Super Heinz
  • A 5/7 system lets you make seven selections in different events, producing 21 possible winning five-fold bets. Winning any five bets guarantees a return. Winning more bets means a higher return. A ₦100 System 5/7 costs ₦2100.
  • 32. System 2/8
  • A 5/7 system lets you make seven selections in different events, producing 21 possible winning five-fold bets. Winning any five bets guarantees a return. Winning more bets means a higher return. A ₦100 System 5/7 costs ₦2100.
  • 33. System 3/8
  • A 5/7 system lets you make seven selections in different events, producing 21 possible winning five-fold bets. Winning any five bets guarantees a return. Winning more bets means a higher return. A ₦100 System 5/7 costs ₦2100.
  • 34. System 4/8
  • A 4/8 system lets you make eight selections in different events, producing 70 possible winning four-fold bets. Winning any four bets guarantees a return. Winning more bets means a higher return. A ₦100 System 4/8 costs ₦7000.
  • 35. System 5/8
  • A 5/8 system lets you make eight selections in different events, producing 56 possible winning five-fold bets. Winning any five bets guarantees a return. Winning more bets means a higher return. A ₦100 System 5/8 costs ₦5600.
  • 36. System 6/8
  • A 6/8 system lets you make eight selections in different events, producing 28 possible winning six-fold bets. Winning any six bets guarantees a return. Winning more bets means a higher return. A ₦100 System 6/8 costs ₦2800.
  • 37. System 7/8
  • A 6/8 system lets you make eight selections in different events, producing 28 possible winning six-fold bets. Winning any six bets guarantees a return. Winning more bets means a higher return. A ₦100 System 6/8 costs ₦2800.
  • 38. Goliath
  • A Goliath system lets you make eight selections in different events, producing 247 possible winning bets: 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, eight seven-folds and one eight-fold. Winning any two bets guarantees a return. Winning more bets means a higher return. ₦100 Goliath costs ₦24700.
  • 39. Asian Line
  • The Asian Line is a special type of handicap used for soccer matches. Depending on the strength of each team, a handicap is issued for the game. This enables the odds for each side to be more similar, allowing for more competitive betting opportunities. All bets on the Asian Handicap in live betting (including 1st/2nd half bets) are settled according to the score line. Any goals prior to the bet being placed are ignored for settlement purposes.

    The Asian Handicap (AH) simplifies betting on football matches as it eliminates the draw. It helps to provide more interesting bets where the return from a bet on a strong favorites is unattractive or where an underdog who could perform well is still unfancied for the win.
  • 40. 3-Way Handicap
  • In a 3-Way Handicap, the line is set so that there can also be a draw outcome, giving you 3 potential bets.
    Handicap (-1) – You win if your team wins the match with a goal difference of two or more.
    Tie: You win if the team with (-1) Handicap wins the match with exactly one goal difference.
    Handicap (+1) – You win if your team draws or win the match.
  • 41. What is an Each-Way bet?
  • An Each-Way (E/W) bet contains two parts – win bet and place bet. The win part is on your selection to come first in the event, and the place part is on your selection to finish either first or in one of the official top-ranked positions (e.g. 2nd, 3rd, 4th, etc.) which are shown on the betting slip when you place your wager. This bet is very popular in horse racing because you can earn returns even if your horse doesn’t finish first.
  • 42. How do Each-Way bets work?
  • When you place an Each-Way bet (by ticking the E/W check box on the betting slip), your stake is doubled. Half is put on the outright win, and the other half is on your runner finishing in one of the top places. You can see how much you’ll win from a place finish in the “place terms” which are shown underneath the stake box. The place terms show the fraction of the odds you’ll get for a place finish, plus the top ranked places, e.g.: ¼ 1-2-3. The place terms depend on the number of runners. So in a race of 8 or more runners, the place terms would read: ⅕ 1-2-3. If your runner wins, you’ll get paid twice – once for the win plus another ⅕ of the odds return for your selection finishing in the top three places.

    Here’s an example:

    You place a ₦100 bet on a 12/1 shot with E/W terms of ¼ 1-2-3. If your runner finishes 1st:
    You win ₦1200 plus your stake (₦100) for the outright win;

    You also win ₦300 (a quarter of the outright odds: 3/1) plus your stake (₦100) for placing (i.e. finishing in the top three)

    That gives you a total of ₦1700.
    If your selection finishes 2nd or 3rd: The win part of your bet loses
    You win ₦300 plus your stake for placing in the top three

    If your selection finishes outside the top three places, both bets lose.
  • 43. How do Each-Way Accumulators work?
  • With Each-Way Accumulator/combos, the win part of the first bet is carried over to the win part of the next event, and similarly, the each-way part is carried over to the each-way part of the next event.

    Example:

    You place a ₦100 E/W accumulator/combo on both selection A in Race 1 and on selection B in Race 2. This means you have an outright (win) accumulator/combo on both selections A and B winning the race. You also have a place accumulator/combo on selections A and B both finishing inside the top places.

    The odds are:

    12 odds on selection A with E/W terms of (0.25) 1-2-3.
    10 odds on selection B with E/W terms of (0.2) 1-2-3.

    If selection A comes first and selection B finishes in the top three places, the outright portion of the accumulator/combo will lose, but the place portion will win.
    You get 0.25 of the winning odds for selection A (₦300) plus your stake (₦100) PLUS 0.2 of the winning odds for selection B (₦200) plus your stake (₦100) This gives you a total return of ₦700.
    If selection A finishes in the top three places and selection B comes first, again, the outright portion of the accumulator/combo will lose, but the place portion will win.
    Again, your total return is ₦700
    But if both your selections win, both the outright and the place portions of the accumulator/combo are winners.
    You win ₦1200 plus your stake (₦100) on selection A for winning and ₦300 plus your stake (₦100) for finishing in the top three places.
    You also win ₦1000 plus your stake (₦100) on selection B for winning and ₦200 plus your stake (₦100) for finishing in the top three places.
    This gives you a total return of ₦3100.
  • 44. Teaser Bets
  • A teaser bet allows you to adjust the points spread and game totals on two or more American Football or Basketball teams by choosing a fixed number of points. The number of teams and points selected determines your payout odds.
    How do teaser bets work?

    All selections must be successful for the teaser bet to win. If a selection in a two team teaser is a push, the bet will be a loser. A push in teasers of more than two teams will result in the bet dropping to the next level down, if available, or losing if not.
    Teaser bets will only be allowed on pre-match events and only for selected leagues, including:
    i. Regular teasers for NBA, NCAAB, NFL, NCAAF or any other league in which teaser bets are allowed (4, 4.5 and 5 for Basketball and 6, 6.5 and 7 for American Football)
    ii. SUPER TEASERS: 3 teams teaser – buying 8 points, ties lose, odds -120/1.83
    iii. MONSTER TEASER: 4 teams teaser – buying 10 points, ties lose, odds -120/1.83
  • 45. Buying points
  • Buying points allows you to change the point-spread or game total of an American Football or Basketball game. You can move the point-spread so you get more points when betting the underdog, and fewer points when betting on the favourite. You can move the total so you get a higher total when betting the under or a lower total if betting the over.

    Event Description
    Goal The time at which a goal is scored
    Corner The time at which a corner is awarded
    Booking The time at which a yellow or red card is shown to a participating player
    Penalty The time at which a penalty is awarded
    Throw-In The time at which a throw-in is awarded
    Free Kick The time at which a free kick is awarded
    Goal Kick The time at which a goal kick is awarded
    1 minute refers to 00:00 – 00:59 seconds of the relevant 1 minute period.
    5 minutes refers to 00:00 – 04:59 seconds of the relevant 5 minute period.
    Asian Handicap betting with these figures means you’re essentially splitting your bet to cover certain outcomes.
    Injury time is not included.
    Here’s how it works:
    i. Select the live match you want to bet on
    ii. Choose the specific Fast Market from the list of options
    iii. Select your bet
    iv. Enter your stake on your bet slip and click on ‘Place bets’
    v. Turn up the heat on your live betting experience: try Fast Markets now.
  • 46. Horse Racing
  • Horse Racing is one of the biggest betting sports in the world with the most popular bets being win, each-way, accumulator and forecasts. Read on to learn more about these bet types.
  • 47. What is a Racecard?
  • The Racecard gives information, prices and other details for a specific horse race. Horse racing racecard details generally include the time, place and distance of the race, the name and number of the horse, its finishing positions in the last few races (form), the jockey’s colours (silks), and the condition of the course (going).
    Racecards give you the opportunity to pick your horses based on whatever variable you like, such as how they’re performing, your lucky number, your favourite colour or the horse’s name.
  • 48. What is a Win Single bet?
  • A single is one bet placed on one selection in a race. Your single wins if the selection you bet on wins the specified race.
  • 49. What is an Accumulator?
  • An accumulator bet, also known a combo, involves 3 or more selections from different events. For the accumulator to win, each selection must win in their respective events, and all selections in the bet must win.
  • 50. What is a Forecast bet?
  • Forecast betting involves choosing 2 horses to finish first and second in a specific race. There are straight forecasts, reverse forecasts and combination forecasts.
    In a straight forecast, you choose 2 horses to finish first and second in the correct order. A reverse forecast is where you choose 2 horses to finish first and second in any order. And a combination forecast involves choosing 3 or more horses to finish first or second in any order.
  • 51. What is a Tricast bet?
  • As the name suggests, tricast betting involves betting on 3 horses to finish first, second and third in a specific race. The typical tricast bet predicts which 3 horses will finish first, second and third, in that order.
    You can also bet a combination tricast, where you choose 3 horses to finish first, second and third in any order.