Terms and conditions

Over/Under: This can be a number posted on how many scoring units will be scored in a game or match, as well as how many games a team will win during a season. If a football game’s over/under is 43.5 and the two teams combine to score 44 points, bets on the over are paid out. If a baseball team’s preseason win total over/under is 82.5, and it wins 81 games, futures bets on the under are paid out.

Parlay: A single wager that involves the bettor making multiple bets and tying them into one. The payouts of parlays are typically larger than a wager on a single game because each individual bet must win in order for a parlay to pay out.

No Action: Wagers that are canceled by bookmakers and returned to bettors. Bets are graded as “no action” if a game is canceled or if a minimum amount of gameplay hasn’t been recorded to satisfy the house rules.