Glossary Terms

Settled Bet

A settled bet refers to a bet that has been concluded, and its outcome has been determined by the sportsbook or betting provider. When a bet is settled, it means that the results of the event or outcome that the bet was placed on have been finalized, and any winnings or losses associated with the …

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Settlement

Settlement, or a settled bet means the event or outcome you have bet on is complete. With the result known, the bookmaker will have closed the bet. For example, if you have placed a bet on a team to win and the game is over, the bet will be settled, and any winnings paid out.

Shirt Numbers

The shirt numbers market is a football sports spread betting type that accumulates each goal scorer’s shirt numbers in a game. So, if you’re a fan of someone like Scott McTominay and you believe he has a good chance of scoring for Manchester United, then you would back the shirt numbers as he wears the …

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Short (of a market)

Short (of a market) means you are choosing to sell the spread. For example, you are short of Team A goals if you have sold Team A goals.

Short Deck

Short deck poker, also known as “6+ Hold’em” or “Six Plus Hold’em,” is a popular variant of Texas Hold’em poker. In short deck poker, the traditional 52-card deck is used, but all the cards below a certain rank are removed. The exact rules regarding which cards are removed can vary, but a common version of …

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Short Stack

A ‘short stack’ refers to a player who doesn’t have many chips left in their stack compared to other players at the table.

Short-term markets

A short-term market is one where the result of an event will be known within seven days of the date the bet was placed.

Showdown

A ‘showdown’ in poker is when all remaining players reveal the strength of their hand to determine who has the best and is declared the winner. This happens after all betting rounds are complete. What is a showdown in poker? In poker, a “showdown” is the final phase of a hand where the remaining players …

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Side Pot

A’ side pot’ is a second poker pot that has been formed because one player is all-in but there are still players left in the hand who have additional chips to play for. What is a side pot in poker? A side pot is an additional pot that may be created in a poker game …

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Single

A single bet refers to placing a gamble on one outcome to happen. For example, you have bet on one horse to win a specific race, therefore a single bet. This is different to each-way, where two bets have been placed.