| Bet type | Explanation |
|---|---|
| Single | One selection on one market. |
| Accumulator | Multiple selections combined, normally all needing to win. |
| System | A group of smaller combinations created from several selections. |
| Handicap | An adjusted starting advantage or disadvantage applied for settlement. |
| Over / Under | A wager on whether a total finishes above or below a listed line. |
| Live | A wager placed after an event starts. |
| Outright | A long-range market such as tournament winner. |
Settlement rules differ by sport and market. Read the specific rule shown for the event.

