Tipster
A tipster is a person who offers tips and gives advice on the likely winners and outcomes of sporting events such as horse racing, football, tennis, US sport and much, much more....
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There are so many betting terms to get your head around and understand, and at times it can feel like learning another language. We've got definitions of the major betting terms you'll find around the Tipstrr platform.
Tipster
A tipster is a person who offers tips and gives advice on the likely winners and outcomes of sporting events such as horse racing, football, tennis, US sport and much, much more....
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The banker
The term 'banker' and it's most familiar use is to imply that a particular bet is certain to win. It's commonly used in the sports betting world by tipsters, so much so that it's partially lost it's meaning....
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Each way betting
There are many sporting events that offer such a large field of participants, and with so many variables involved, that it is almost impossible to back the winner with any confidence, no matter what knowledge or research is at your disposal....
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The underdog
An 'underdog' Is defined as a competitor thought to have little chance of winning a fight, match or contest....
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Rule 4 deductions
If you've ever looked at your winnings after a race and wondered why you weren't paid out quite as much as you were expecting, then Rule 4 may be the reason....
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Arbitrage
Arbitrage betting is a betting strategy where you cover all the possible outcomes of one single market in one single event, for example backing both tennis players to win in the same two-way market. The majority of the time just doing this will not produce a return, but by identifying the margins where bookmakers have very different odds, there are scenarios created where you can place a stake on each market that returns the same amount and guarantees overall profit from betting...
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Betting scams
Betting scams are becoming increasingly common and are a stain on the sports tipster industry. They're comprised of a person or business who use deceptive tactics and make false promises to unsuspecting punters to make themselves easy money...
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Dutching
The simplest way to describe dutching is that you do not bet a set stake amount, but instead you bet whatever is needed to target a certain return....
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Accumulator Bets
An accumulator is a bet where a number of different selections come together to form one bet. The chances of the bet winning statistically decrease with each selection added, however the odds grow larger....
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The Alphabet
The alphabet is named as such due to the 26 different bets that are involved and the 26 being the number of letters in the English alphabet....
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Canadian / Super Yankee
The Canadian, also known as a Super Yankee, is a system bet that is involves making five selections that are put into 26 separate bets....
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Double
A double bet falls under the umbrella of multiple/accumulator bets. For a double bet you make two selections that go into one bet....
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Lucky 15
A Lucky 15 involves making four selections that are then put into 15 separate bets automatically by your betslip when choosing the Lucky 15 option....
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Goliath
A goliath bet is a bet that involves making eight selections. The bet slip will automatically place for you a whopping 247 bets, consisting of 28 doubles, 56 trebles, 70 four-folds accumulators, 56 five-folds accumulators, 28 six-fold accumulators, eight seven-fold accumulators and one eight-fold accumulator....
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Heinz (57)
A Heinz bet involved making six selections. By selecting this option, the bet slip will place for you a total of 57 bets that are made up of 15 doubles, 20 trebles, 15 four-fold accumulators, six five-fold accumulators and a six-fold accumulator...
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Flag
A flag bet is a yankee bet in disguise with the added addition of a few up and down singles. Up and down singles are where you pair together bets and if one wins, the winnings roll over onto the other....
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