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Guide

Betting terms explained

Last updated: Written by Ellie Marsden, Senior Betting Editor Fact checked by Tom Brackley, Odds Analyst

Use this page for current information, practical explanations and links to related BettingSites.global pages.

Terms that decide a settlement

Stake, price and settlement are the three lines that decide what a market pays. A void selection is removed and its stake returned, which changes the return on a multiple without cancelling it.

Cash out

Cash out closes a position early at a price the operator sets. That price carries its own margin, so it is rarely the same value as the original market.

Keep the budget separate

Set a spending and time limit before wagering begins, and use the account tools to hold it.