Outright: An outright bet is simply a wager placed on who will win a particular event. For example, you may choose (perhaps unwisely) to back Manchester United to win this year’s Premier League title.
Each-way: an each-way bet is a type of wager where you place equal bets on both the horse to win and to place. This means that if your horse finishes either first or second, you will have a return on investment.
Accumulator: An accumulator, or acca for short, is a bet which combines several selections into one single bet. If all of your selections win, you’ll win the entire accumulated stake. However, if just one selection loses, you lose the entire stake. See our complete guide to matched betting accumulators.
Singles: A single bet is a simple wager on the outcome of an event. For example, you may choose to bet on Manchester United to beat Liverpool in their next match. It’s the most common type of bet, especially amongst beginners and casual gamblers.
Double: A double bet is a wager on the outcome of two separate events. For example, you may choose to back Manchester United to beat Liverpool and Chelsea to beat Tottenham Hotspur. If both bets win, you’ll receive a payout twice your original stake.
Treble: A treble bet is similar to a double but involves three separate events. For example, you may choose to back Manchester United to beat Liverpool and Chelsea to beat Tottenham Hotspur and Arsenal to beat Manchester City. If all three bets win, you’ll receive a payout three times your original stake with mug betting.
Triple: A triple bet is the same as an accumulator – it combines three separate bets into one wager. If all three bets win, you’ll receive a payout of the total accumulated stake – if just one bet loses, then you lose the entire stake.
A full cover bet: This type of accumulator bet is where you have to predict the outcome of six different events to win correctly. The full cover bet can be extremely risky but also has the potential to pay out vast sums of money if all your predictions come through!