Jargon-busting guide to common Matched Betting acronyms and phrases
Matched Betting can be tricky to make sense of, but it’s an increasingly popular method of betting.
Across various online bookmakers, there are so many different offers and so many games to chose from that it can be difficult to decide which route to go down.
And now, given that there is also so much choice in terms of specific markets, finding something straightforward to settle on can seem convoluted. But that’s where Profit Accumulator can help, if you want to give the Matched Betting method a try.
Founded in 2014, Profit Accumulator has grown into the biggest Matched Betting community in the UK. With over 130,000 paying customers in that timeframe – plus an overall Trust Pilot score of 4.8/5 – they are well placed to help you navigate the world of Matched Betting – which is based on the application of an equation rather than chance, in that you can make a profit by placing multiple bets to cover all of the potential outcomes from a specific game.
But what about the Matched Betting terms and phrases you might run into along the way? Well, we’ve broken down the key acronyms and explained what they actually mean.
All those times when you’ve been afraid to ask about a specific piece of technical lingo can now be left in the past….
How to join Profit Accumulator
- Head to the Profit Accumulator website here and click ‘start my free trial’.
- Enter your contact details to create an account.
- Activate your first two bookmaker bonuses and you could make up to £45*.
*Ts&Cs apply. You have to be over 18 to gamble. There is no guarantee of specific results. The amount of money that you will make is dependent on the time and effort that you put in. BeGambleAware.
FB (Free Bet) – Quite simply, a free bet is a bet (usually of a fixed value, depending on the offer) that you will be able to place without any risk of loss. Free bets usually do not add to your stake, however, with only the net winnings being received. For example, a £10 free bet at 10/1 could only return £100, while a normal £10 bet at 10/1 would return £110 (£100 plus the stake).
ARB (Arbitrage bet) – An arbitrage bet is when the ‘back odds’ (backing something to happen) are higher than the ‘lay odds’ (backing something not to happen).
KYC (Know Your Customer) – These are checks made by bookmakers used to verify your accounts, such as asking for ID. Usually it is to ensure you are legally allowed to gamble. In the UK, that means 18+. Click here for more info on BeGambleAware.
MB/MBing (Matched Betting) – Matched Betting, as we’ve already touched on, is a method of turning free bets offered by online bookmakers into real winnings, by covering all of the potential outcomes of a sporting event.
QB (Qualifying bet) – Some bookmakers only hand out offers with the requirements of an initial bet – known as your Qualifying Bet. So, for example, you may need to bet a specific amount on a sporting event to receive a free bet offer.
QL (Qualifying loss) – Going hand in hand with the above, a qualifying loss is the loss you make from your qualifying bet.
RF (Risk Free) – As easy as it sounds, without risk or any disadvantage to the bettor.
SNR (Stake Not Returned) – Usually applying to free bets, Stake Not Returns means that the free bet stake will not be included in any winnings.
SR (Stake Restricted) – Stake Restricted can mean two things depending on the context. The first is stake restricted, which means you are only allowed to bet a certain amount of money with a bookmaker.
SR (Stake Returned) – SR can also mean stake returned, when referring to a normal bet, or certain bonuses, which means your stake is returned alongside your winnings.
How Matched Betting Works
2UP (Two goals up) – Some bookmakers offer promotions where your bet will be paid out as a winner if the team you’ve backed go two goals up at any point in the match – regardless of the final score. 2UP will also be commonly used to refer to any early payout style offer.
ACCA (Accumulator) – An accumulator is a bet that consists of more than one selection in the same bet. For example, you could have a single accumulator bet backing seven different teams to win – and all seven of your picks would need to be right in order for you to win the overall bet.
AGS (Anytime goalscorer) – An anytime goalscorer bet means a bet on a player to score at anytime in the 90 minutes of a specific match.
BTTS (Both teams to score) – Usually split into two different outcomes, you can bet on whether or not both teams will score in a match. These will usually be shown as ‘Both Teams To Score – Yes’, and ‘Both Teams To Score – No’.
CS (Correct score) – This is a bet regarding the correct score of a match, for example Barcelona 2-8 Bayern Munich. (Surely nobody actually picked that?)
FGS (First goalscorer) – This is a bet on a specific player to score first in a specific match, for example Thomas Muller to score first against Barcelona.
LSG (Last goalscorer) – The reverse of the first goalscorer, this market allows you to bet on who you think will be the last player to score in a specific match. For example, Philippe Coutinho to be the last goalscorer in Barcelona 2-8 Bayern Munich.
FT (Full-time) – Refers to full-time in a match.
HT (Half-time) – Refers to half-time in a match.
HT/FT (Half-time/Full-time) – These markets allow you to bet on the result of each half of a football match. For example, in a match between Arsenal and Man City, you could bet on Man City to win the first half and the match overall – Man City/Man City. You could choose to bet on it to be a draw at half-time but Man City to win the match overall – Draw/Man City – or even Arsenal to be leading at half-time but the game to eventually end in a draw – Arsenal/Draw.