An accumulator bet combines multiple selections into a single wager, where all selections must win for the bet to pay out, resulting in higher potential returns due to the increased risk.
Arbitrage betting involves placing bets on all possible outcomes of an event with different bookmakers to guarantee a profit regardless of the result
Asian handicap betting eliminates the possibility of a draw by giving one team a virtual head start, creating a more balanced betting market and reducing the number of possible outcomes.
The total amount of money a bettor allocates for their betting activities, which should be managed separately from other personal finances to ensure responsible betting.
A bookmaker, or bookie, is an individual or company that sets odds, accepts bets, and pays out winnings, ensuring a profit by managing odds and balancing the book.