Online Betting Terms: P

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There are a lot of betting terms to master, and understanding, here you can find the general online betting terms out there:

Parlay: The US term for an accumulator.

Patent: A Patent consists of 7 bets involving 3 selections in different events. The bet includes a single on each selection, plus 3 doubles and 1 treble.

Pari Mutuel: A tote style betting system used in France (the only betting system in France)

Permutations or Perms: There is a way to find 7 bets from only 3 selections, making use of what have incorrectly become known as permutations or perms.

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Photo Finish: When a result cannot be determined with the naked eye a photo is called for. The judge will then be able to determine the winner and winning distance using a photo.

Point spread: The predicted scoring differential between two opponents as quoted by a sports book.

Pony: A slang term used by bookmakers for £25.

Placepot: A bet on the Tote where a placed horse must be named in the first six races on the card.

Price: Betting or gambling odds.

Punter: The individual who puts on a bet.



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