A-Z Sports Glossary and Terms
Find the definition of the most used terms and words on the sports gambling industry. Make your search bellow in an easy way to find an accurate and clear definition in a secure and quick way. Make sure spelling is correct for better results.
There are currently 3 Terms in this directory beginning with the letter I.
Sports Betting Glossary
From A to Z
If betA bet that consists of two or more wagers where a bet is made, and in the event of that bet winning, the winnings and/or stake from that bet are placed on another bet. So, if the first bet wins, a second bet is made automatically.
Implied ProbabilityThe theoretical likelihood of an outcome is based on the odds offered by a sportsbook on that event. If the sportsbook offers odds of +100, the implied probability is 50%.
In-play bettingAlso known as live betting, in-play betting consists of bets that are made on an event after the event has started.
