A to Z Betting Glossary
Understand the Language of Online Sports Betting
From "Accumulator" to "Value Bet", and including Indian market specifics like "Khai Lagai" and "Session Betting", our comprehensive glossary explains the essential terms you need to know before accessing the Mahadev Book Online platform.
Accumulator (Acca)
A single bet that links together two or more individual wagers. All selections must win for the bet to be successful, resulting in higher potential payouts.
Back
To bet on an outcome to happen (e.g., backing India to win).
Bankroll
The total amount of money a bettor has set aside specifically for betting.
Bookmaker (Bookie)
An organization or person that takes bets, sets odds, and pays out winnings.
Cash Out
A feature allowing bettors to settle their bet before the event has finished, either to secure a profit or minimize a loss.
Decimal Odds
Odds expressed as a decimal number (e.g., 2.50). Multiplying the stake by the decimal gives the total return (stake + profit).
Draw No Bet (DNB)
A market where if the match ends in a draw, the stake is refunded.
Evens (Even Money)
Odds of 2.00 (decimal) or 1/1 (fractional). A winning bet yields a profit exactly equal to the original stake.
Fancy Bet
In Indian cricket betting, these are proposition bets on specific micro-events within a match, such as 'runs in the first 6 overs' or 'fall of first wicket'.
In-Play (Live Betting)
Placing bets while a match or event is currently happening. Odds fluctuate dynamically based on the live action.
Khai Lagai
A popular betting system in India. 'Lagai' means to 'back' a team to win. 'Khai' means to 'lay' or bet against a team winning.
Lay
To bet against an outcome happening (e.g., laying a team means you win if they lose or draw).
Nap
A tipster's most confident bet or best tip of the day.
Odds
The numerical expression of the probability of an event occurring, determining the potential payout of a winning bet.
Outright Bet
A bet placed on the overall winner of a tournament or competition, rather than a single match (e.g., betting on who will win the IPL).
Over/Under
A bet on whether a specific statistic (like total runs in an innings) will be higher or lower than a line set by the bookmaker.
Session Betting
Common in Indian cricket betting, this involves betting on the total runs scored in a specific block of overs (e.g., 1-6 overs, or 10-15 overs).
Stake
The amount of money placed on a bet.
Tipster
A person who provides betting tips or predictions, often claiming to have specialized knowledge.
Value Bet
A bet where the bettor believes the probability of an outcome is greater than the odds suggest.
Ready to Apply Your Knowledge?
Now that you understand the terminology, learn more about strategies in our Cricket Betting Guide or get started on the platform.