A Duet bet is a horse racing wager where you select any two horses to finish among the first three placings. Your bet is successful if your two selections occupy any two of the top three positions, regardless of the order.
A Quinella is a horse racing bet where you pick two runners to finish first and second in any order. The order does not matter.
In UK betting slang, a monkey refers to £500. It is used to describe the amount of money being staked, rather than a specific type of bet or betting strategy.
A nickel in sports betting is a slang term for a $500 wager.
A bad beat describes losing a bet or hand despite being in a strong statistical position. It happens when an unlikely or unexpected outcome overturns what looked like a near-certain win.
An insurance bet in horse racing is a wager that can return some or all of your stake if certain conditions are met.
A half-time/full-time (HT/FT) bet is a football market where you predict the result at half-time and full-time. Both must be correct to win, which makes the odds higher than a standard match-winner bet.
Flat betting is a bankroll management strategy where players wager the same fixed amount on every bet regardless of odds, confidence level, or previous results.
An SP bet is a wager settled at the Starting Price; it is the official odds recorded for a horse or greyhound at the moment a race begins. It's the most common betting method in UK and Irish horse racing.
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