Betting terminology

You probably see below a lot of betting terms that might be an unfamiliar territory for you. We'll provide you  with a quick inside on the betting terminology.

Combination bets refer to a selection of multiple bets placed on a series of selections. Different multiple bets are combined to cover a number of contingencies, allowing punters to hedge their bets when placing accumulators. Combination bets can include the use of singles, doubles, trebles and accumulators.

Most of the sportsbooks offer a selection of standard formats for combination bets which cover all the possible double, treble and accumulator combinations for a given set of selections. These are known as full cover bets and include:

Trixie: A combination bet placed on 3 different selections, featuring four separate bets: three doubles and a treble

Yankee: A combination bet on 4 different selections, featuring 11 separate bets: 6 doubles, four trebles and a fourfold accumulator

Super Yankee: A combination bet on 5 different selections, featuring 26 separate bets including: 10 doubles, 10 trebles, 5 fourfold accumulators and a fivefold accumulator

Heinz: A combination bet on 6 different selections, featuring 57 separate bets including: 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and a sixfold accumulator

Super Heinz: A combination bet on 7 different selections, featuring 120 separate bets including: 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, 7 sixfolds and sevenfold accumulator

Goliath: A combination bet on 8 different selections, featuring 247 separate bets including: 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, 8 sevenfolds and an eightfold accumulator

Full cover bets are also offered with singles, and include:

Patent: Equivalent to a Trixie with 3 singles.

Lucky 15: Equivalent to a Yankee with 4 singles.

Lucky 31: Equivalent to a Yankee with 5 singles.

Lucky 63: Equivalent to a Heinz with 6 singles.

Now these combinations come real handy if your sportsbook offers you a percentage bonus for the winning tickets. 

While the combination of different bets in combination bets looks bewildering, these bets are very easy to place when using online sportsbooks. As additional selections are added to a betting slip, each of these combination betting options will become available. The minimum stake and maximum payout for each multiple bet is calculated automatically by the betting slip, and the progress of these bets are easy to track in online accounts.