The words you'll meet on a Nigerian betting site, in plain English.
| Accumulator (acca) | Several selections in one bet. Every leg must win. Also called a parlay or a multiple. |
|---|---|
| Asian handicap | A bet with a half-goal or zero handicap that removes the draw. Prices are usually lower-margin than 1X2. |
| Banker | A selection the bettor believes is near-certain. No mathematical meaning — a banker still loses sometimes. |
| Bookmaker margin | The edge built into the prices. See the margin guide. |
| Cash-out | Accepting a reduced return before the event settles. Priced by the book, usually expensive. |
| Decimal odds | Total return per unit staked, stake included. 1.85 returns ₦1.85 for each ₦1. |
| Draw no bet | Your stake is returned if the match is drawn. |
| Each-way | Two bets in one: a win bet and a place bet, usually on outright markets. Costs double the stake. |
| Expected value (EV) | The average result of a bet repeated many times: probability × profit minus probability × loss. |
| Fractional odds | Profit per unit staked, stake excluded. 17/20 means ₦17 profit on ₦20. |
| Handicap | A notional head start given to one side to make a market more even. |
| Implied probability | The chance a price implies: 1 ÷ decimal odds. |
| Leg | One selection inside an accumulator. |
| Overround | Another name for bookmaker margin — the total implied probability above 100%. |
| Over/Under | A market on whether the total goals or points will be above or below a line, e.g. over 2.5 goals. |
| Push | A void leg or bet, usually because the market settled exactly on the line. Stake is returned. |
| Single | One selection, one bet. |
| Stake not returned (SNR) | A free bet where the bonus stake is taken back if you win, so you keep the profit only. |
| Void | A bet cancelled and the stake refunded — typically a postponed match or a withdrawn player. |
| 1X2 | The main football market: home win, draw, away win. |