Betting Glossary

Single/Straight
This refers to a bet that is places on 1 selection. In order to gain a return your selection must be deemed successful.
 
Double
This is also referred to as a round robin, or 2 play parlay. This involves 2 selections in different events, but is 1 bet. In order for your selection to be deemed a winner, the two selections must be successful. This involves returns from the first re-invested on the second.
 
Treble
This is also referred to as a 3 play parlay. It requires 1 bet that involves 3 selections in different events. For a deemed successful win all selections must win. Returns from the first bet are re-invested on the second bet and then in accordance onto the third.
 
Four-Fold
This is also referred to as a 4 play parlay. It requires 1 bet that involves 4 selections in different events. For a deemed successful win all selections must win. Returns from the first bet are re-invested on the second bet and then in accordance onto the third and then the fourth.
 
Five-Fold
This is also referred to as a 5 play parlay. It requires 1 bet that involves 5 selections in different events. For a deemed successful win all selections must win. Returns from the first bet are re-invested to the consecutive selections.
 
Six-Fold
This is also referred to as a 6 play parlay. It requires 1 bet that involves 6 selections in different events. For a deemed successful win all selections must win. Returns from the first bet are re-invested to the consecutive selections.
 
Seven-Fold
This is also referred to as a 7 play parlay. It requires 1 bet that involves 7 selections in different events. For a deemed successful win all selections must win. Returns from the first bet are re-invested to the consecutive selections.
 
Eight-Fold
This is also referred to as an 8 play parlay. It requires 1 bet that involves 8 selections in different events. For a deemed successful win all selections must win. Returns from the first bet are re-invested to the consecutive selections.
 
Nine-Fold
This is also referred to as a 9 play parlay. It requires 1 bet that involves 9 selections in different events. For a deemed successful win all selections must win. Returns from the first bet are re-invested to the consecutive selections.
 
Ten-Fold
This is also referred to as a 10 play parlay. It requires 1 bet that involves 10 selections in different events. For a deemed successful win all selections must win. Returns from the first bet are re-invested to the consecutive selections.
 
Eleven-Fold
This is also referred to as an 11 play parlay. It requires 1 bet that involves 11 selections in different events. For a deemed successful win all selections must win. Returns from the first bet are re-invested to the consecutive selections.
 
Twelve-Fold
This is also referred to as a 12 play parlay. It requires 1 bet that involves 12 selections in different events. For a deemed successful win all selections must win. Returns from the first bet are re-invested to the consecutive selections.
 
Thirteen-Fold
This is also referred to as a 13 play parlay. It requires 1 bet that involves 13 selections in different events. For a deemed successful win all selections must win. Returns from the first bet are re-invested to the consecutive selections.
 
Fourteen-Fold
This is also referred to as a 14 play parlay. It requires 1 bet that involves 14 selections in different events. For a deemed successful win all selections must win. Returns from the first bet are re-invested to the consecutive selections.
 
Trixie
This involves 4 bets using 3 selections in different events. They are 3 doubles and 1 treble. Any two winning selections are deemed as a return. Should any 2 of your selections be deemed as wins, 1 of the double bets is given as a return. Should all 3 of your selection win, all 3 of the doubles and trebles are given as a return.
 
Patent
This involves 7 bets using 3 selections. They are 3 singles, 3 doubles, and 1 treble. Any one winning selections are deemed as a return. Should any 1 of your selections be deemed as wins, 1 of the single bets is given as a return. Should any 2 of your selections be deemed as wins, 1 of the double bets is given as a return. Should all 3 of your selection win, all 3 of the doubles and trebles are given as a return.
 
Permed Patent
This requires 4 and 6 selections. The patent should accrue all possible combinations of the three selections. A permed patent is in actuality 4 individual patents, basically 28 bets.
 
Yankee
This involves 11 bets using 4 selections in different events. There are 6 doubles, 4 trebles, and 1 four-fold. Any two winning selections are deemed as a return. Should any 2 of your selections be deemed as wins, 1 of the double bets is given as a return. Should any 3 of your selections be deemed as wins, 3 of the double bets, and 1 treble bet is given as a return. Should all 4 of your selection win, all 6 of the doubles and 4 of the trebles and the four-folds are given as a return.
 
Permed Yankee
This involves 5 or 6 selections in different events. Yankee bets are made up of combinations of four selections. They are 5 individual Yankee bets, or 55 bets.
 
Lucky 15
This entails 15 bets using 4 selections in different events. This includes: 4 singles, 6 doubles, 4 trebles, and 1 four-fold. Any one winning selections are deemed as a return. Should any 1 of your selections be deemed as wins, 1 of the single bets is given as a return. Should any 2 of your selections be deemed as wins, 3 of the single bets, and 3 of the double bets, and 1 treble bet is given as a return. Should all 4 of your selection win, all 4 singles, 6 of the doubles and 4 of the trebles and the four-folds are given as a return.
 
Lucky 15 bonuses apply to all sports and bet types. This excludes: US sports, Numbers betting (lotto’s), Goals Over/Under, Asian Handicaps, Goal Line, 2-way, Handicap Betting on Rugby, Horse Racing Tote, and Pari-Mutuel Bets. For bonuses and consolations to apply all selections must run at odds of 1/9th or longer. Doubles odds are paid but for only 1 winner. Should all 4 selections win, 1bet pays a 15% bonus on total returns.
 
Super Yankee
This involves 26 bets using 5 selections in different events. This includes 10 doubles, 10 trebles, 5 four-folds, and 1 five-fold. Any two winning selections are deemed as a return.
 
Lucky 31
This entails 31 bets using 5 selections in different events. This includes: 5 singles, 10 doubles, and 10 trebles, 5 four-folds and 1 five-fold. Any one winning selections are deemed as a return.
 
Lucky 31 bonuses apply to all sports and bet types. This excludes: US sports, Numbers betting (lotto’s), Goals Over/Under, Asian Handicaps, Goal Line, 2-way, Handicap Betting on Rugby, Horse Racing Tote, and Pari-Mutuel Bets. For bonuses and consolations to apply all selections must run at odds of 1/9th or longer. Doubles odds are paid but for only 1 winner. Should all 5 selections win, 1bet pays a 20% bonus on total returns.
 
Heinz
This entails 57 bets using 6 selections in different events. This includes: 15 doubles, 20 trebles, and 15 four-folds, 6 five-fold and 1 six-fold. Any two winning selections are deemed as a return.
 
Lucky 63
This entails 63 bets using 6 selections in different events. This includes: 6 singles, 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and 1 six-fold. Any one winning selections are deemed as a return.
 
Lucky 63 bonuses apply to all sports and bet types. This excludes: US sports, Numbers betting (lotto’s), Goals Over/Under, Asian Handicaps, Goal Line, 2-way, Handicap Betting on Rugby, Horse Racing Tote, and Pari-Mutuel Bets. For bonuses and consolations to apply all selections must run at odds of 1/9th or longer. Doubles odds are paid but for only 1 winner. Should all 6 selections win, 1bet pays a 25% bonus on total returns. Should 5 selections win, 1bet pay a 10% bonus on total returns.
 
Alphabet
This entails 26 bets using 6 selections in different events. This includes: 2 patents (14 bets), 1 Yankee (11 bets), and 1 six-fold. Any one winning selections are deemed as a return. Bonuses are offered on alphabets, only when the selections are: horses, greyhounds, or correct scores on soccer. Should all 6 selections win, 1bet pays a 10% bonus on total returns. For bonuses and consolations to apply all selections must run at odds of 1/9th or longer.
 
Super Heinz
This entails 120 bets using 7 selections in different events. This includes: 21 doubles, 35 trebles, 35 four-folds, 21 five-folds, 7 six-folds and 1 seven-fold. Any two winning selections are deemed as a return.
 
Goliath
This entails 247 bets using 8 selections in different events. This includes: 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds, and 1 eight fold. Any two winning selections are deemed as a return.
 
Union Jack
This entails 9 bets using 9 selections in different events. It must form 8 groups of 3.

3 horizontal lines (1-2-3 / 4-5-6 / 7-8-9)
3 vertical lines (1-4-7 / 2-5-8 / 3-6-9) 
and 2 diagonals (1-5-9 / 3-5-7)
 
Each can group of 3 can be staked as trebles, patents or trixies. Union Jack Trebles entails: 8 bets chosen from 9 selections. Union Jack Patents entails: 56 bets chosen from 9 selections. Union Jack Trixies entail: 32 bets chosen from 9 selections.
 
For bonuses and consolations to apply all selections must run at odds of 1/9th or longer. The bonuses included are: Union Jacks, when selecting horses, or greyhounds. 

2 successful win trebles - 10% added to win returns
3 successful win trebles - 20% added to win returns
4 successful win trebles - 30% added to win returns
5 successful win trebles - 40% added to win returns
6 successful win trebles - 50% added to win returns
8 successful win trebles - 100% added to win returns
 
  
Teaser
This entails 1bet using 2 or more point spread or game total selections. These are solely made on football and basketball. The selections in the teaser are a fixed number of points that are bought or sold. Depending on the number of teams, point bought, or sold, pay out odds are fixed. For bet to win all selections must be deemed successful. To buy points, change the handicap and the potential payout.
 
If Bet
This entails 2 to 12 straight play selections which are joined by a condition. The two types are: ‘Single Action’ and ‘Double Action’.
Single Action: is defined as the player that is given the action on the second straight bet only if the first play wins, and so on and so forth in the chain of plays.
Double Action: is defined as the player that is given the action on the second play only if the first play wins, ties, or if the game is cancelled, and so on and so forth in the chain of plays. Anytime there is a loser, all bet are stopped.
   
Reverse If Bet
This entails 2 bets using 2 to 12 straight play selections that are joined by conditions. It follows the same idea of a regular If Bet, however; the chain runs 2 ways, both down and up the betting slip, therefore; making two bets. Both ‘Single’ and ‘Double Actions’ are available. In the event that there is a loser, all bets will be stopped.