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the most common terms used in Spread Betting
A wager that the result will be greater
than the higher end of the price. Also known
as GO HIGH.
CLOSING A BET
Where you place a second wager,
of the same size and in the opposite direction
to your first or existing OPEN/PENDING wagers.
A wager that the result will be higher than
the higher end of the price. Also called
A wager that the result will be lower than
the lower end of the price. Also called
A wager in which performance is measured
by awarding points for reaching particular
stages or filling particular positions.
Wagering on an event as it happens, with
the prices being updated constantly. Also
known as LIVE BETTING.
Wagering on an event as it happens,
with the prices being updated constantly.
Also known as IN-RUNNING.
This is the amount frozen/tied
up in your account when placing any Spread
The result on which a wager is settled.
The difference between this figure and the
price at which a wager is opened, multiplied
by the stake, gives the profit or loss.
A wager on the relative performance of two
participants in an event against each other,
regardless of how well any other participant
A limit on the result, specified
before the event. If the final result exceeds
the maximum make-up, the latter is used
to settle the bet. Also MINIMUM MAKE-UP.
A wager that has not yet been closed or
settled. Also known as a PENDING wager.
Where you place another bet, of
a lesser size and in the opposite direction
to your open wagers.
A wager that has not yet been
closed or settled. Also known as an OPEN
The maximum amount per point that a client
can hold in OPEN POSITIONS on a specific
A proposition where the parameters
are either determined by the running time
of the event (ie Time of 1st Goal) or by
a scoring system or MAXIMUM MAKE-UP specified
REVERSING A POSITION
Placing a wager both greater than
and in the opposite direction to your existing
A wager that the result will be less than
than the lower end of the price. Also known
as GO LOW.
The numbers worn on the shirts
of scorers, of touchdowns in football, of
goals in hockey & soccer.
The difference between the prices for buying
amount, in $ per point, goal, stroke, run
etc, nominated by the client to indicate
the size of the bet.
A limit specified by VIP which determines
the maximum amount that a particular bet
can win or lose.
known as WINNING MARGIN. A measure of how
much better one participant performs than
The total number of points scored
by all participants in an event.
The amount you would win or lose on an OPEN
wager if you were to CLOSE that wager.
A measure of how widely the result in a
market is likely to vary. Touchdown Scorers
Shirt Nos are very volatile, the winning
score in the US Masters less so.
Also known as Supremacy. A measure
of how much better one participant performs
than the other.
A two-sided contest where we believe both
sides have the same chance. You choose your
favorite, but must give your underdog a
small start. Also CH. The equivalent of
"pick em" in conventional wagering.