Arbistoteles
Contents
Beginner

Glossary

Arb, leg, palp, gubbed, stale, prematch and the rest, in one place.

The words you'll meet on forums, at the books and on our board.

TermMeaning
Arb / arbitrageShort for a surebet: every outcome covered at different books for less than you get back.
BackTo bet on an outcome happening.
BankrollThe money you set aside for betting, spread across your books.
BookA bookmaker or sportsbook.
Closing lineThe last price before an event starts; often the market's best estimate.
ConfirmedOn our board: every leg re-read at its book and still there.
Decimal oddsThe total return per 1 staked, stake included: 2.50 returns 2.50.
Draw no betA football market where a draw returns the stake.
Event / fixtureOne match or game.
FoundA surebet our scanners spotted, before the re-check. Found is not confirmed.
Gubbed / limitedWhen a book cuts the maximum stake it accepts from you.
HandicapA market where one side gets a head start or a deficit.
Implied probability1 / decimal odds: the chance at which a price breaks even.
In-play / liveBetting after the event has started. We don't cover it.
LegOne bet of a surebet, at one book.
MarginOn our board, the share of the total stake a surebet returns on top: 1 − (sum of 1/odds), as a percentage. At one book, its built-in cut.
MarketOne question about an event (winner, total, handicap) with a fixed set of answers.
Off-market / flaggedA price far from what the other books quote, often an error at that book.
Overround / vigA book's built-in margin on a market.
PalpA palpable error: a price so wrong the book may void the bet.
PrematchBefore the event starts. Everything on our board is prematch.
PushA whole-line handicap or total that lands exactly on the line: stake returned.
Re-checkingOn our board: one book's data is late, so the surebet isn't confirmed right now.
Settlement rulesHow a book decides a bet: overtime, retirements, postponements.
StakeThe amount you bet.
StaleA price older than it looks; the book may have moved it already.
SurebetPrices at different books that cover every outcome of a market for less than the return.
TotalsOver / under markets on the combined score.
Value betA single bet priced above its true chance. Different from a surebet: it can lose.
VoidA bet cancelled by the book, stake returned.

See it on real data

A free account shows up to 3 live surebets, each 0.99% or less, every leg re-checked at its book. No card needed.