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Bet Types

In-Play Bet

Also known as: Live Bet

A bet placed after an event has already started, with odds that update in real-time based on the current state of play. In-play betting offers dynamic odds that change with every goal, point, or significant event. It requires quick decision-making and offers opportunities not available pre-match.

Related Bet Types Terms

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.
Point Spread (Spread)
A bet where the bookmaker assigns a points advantage or disadvantage to level the playing field between two teams. The favorite must win by more than the spread (e.g., -6.5 points) for a bet on them to win. The underdog can lose by less than the spread or win outright. Common in American football and basketball.
Same Game Parlay (SGP)
A parlay where all selections come from the same match or event. For example, combining Team A to win, Over 2.5 goals, and a specific player to score in one football match. SGPs have become extremely popular with recreational bettors but often carry very high margins for the bookmaker.
Draw No Bet (DNB)
A bet where your stake is refunded if the match ends in a draw, effectively removing the draw as an outcome. You only win if your selected team wins, and only lose if the opposing team wins. DNB offers lower odds than a standard 1X2 bet but provides insurance against the draw result.
Lay Bet
A bet against an outcome occurring, effectively taking the role of the bookmaker. Only available on betting exchanges like Betfair. When you lay a bet, you are offering odds to other bettors. If the outcome occurs, you pay the backer's profit. If it does not occur, you keep the backer's stake.
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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