Betting Glossary Ethiopia – All 36 Betting Terms Explained

Combine multiple selections from the same match into one bet.

Over 2.5 Goals + BTTS + Salah Anytime Goalscorer = a Bet Builder on Betway.

Settle a bet early to secure profit or reduce losses before the match ends.

Your acca has 3/4 legs won — Betway offers to cash out at 70% of potential winnings.

Placing bets on events already in progress with real-time odds updates.

Betting on the next goalscorer during a live Ethiopian PL match on Betway.

Watching sports events live within the bookmaker app.

Betway offers live streaming of select Ethiopian PL matches to active bettors.

Computer-simulated sports with randomized outcomes, available 24/7.

Virtual football on Betway: matches every 3 minutes, even when there's no real football.

A company that accepts and pays out bets. In Ethiopia, popular ones include Betway, 1xBet, Helabet.

Betway is the most used bookmaker in Ethiopia for competitive odds.

Add money to your betting account via Telebirr or other methods.

Depositing Br5,000 via Telebirr on Betway — instant and free.

The highest amount a bookmaker will accept on a single bet.

Some markets on Betway have a max bet of Br500,000.

The lowest amount a bookmaker will accept on a single bet.

Betway accepts bets from Br100–200 in Ethiopia.

The amount of money you wager on a bet.

A stake of Br2,000 on a match — that's the money you risk.

A bet cancelled with stake refunded, usually due to match postponement.

If a match is abandoned at half time, your bet may be voided and stake returned.

Move winnings from your betting account to your Telebirr or bank.

Withdrawing Br50,000 via Telebirr on Betway — processed in 15 min to 24h.

A handicap market that eliminates the draw by giving one team a virtual head start.

Team -1.5 means they must win by 2+ goals for the bet to win.

The most common football bet with three outcomes: 1 (Home Win), X (Draw), 2 (Away Win).

Betting '1' on a Ethiopian PL match on Betway at odds of 1.85.

A bet covering 2 of the 3 possible outcomes (1X, 12, or X2). Less risky, lower odds.

Betting 1X means you win if the home team wins OR draws.

Your stake is refunded if the match ends in a draw.

Backing Team A DNB: win if they win, refund on draw, lose if they lose.

Predicting the result at both half time and full time.

HT: Draw / FT: Home Win — the match is drawn at half time but the home team wins.

A single bet combining multiple selections. All must win for the bet to pay out.

A 4-fold acca on Ethiopian PL matches on Betway at combined odds of 12.50.

An accumulator with exactly 2 selections. Both must win.

Liverpool to win + Over 2.5 goals = a double.

A bet on one selection only. The simplest type of bet.

Betting Br1,000 on Team A to win in 1X2.

A combination covering all possible combos from your selections. Some legs can lose.

A Trixie (3 selections) = 3 doubles + 1 treble = 4 bets total.

An accumulator with exactly 3 selections. All must win.

3 Ethiopian PL matches combined into one treble on Betway.

The odds format showing total return per unit staked. Odds × stake = total return.

Odds of 2.50 on Betway: a Br1,000 bet returns Br2,500 (Br1,500 profit).

Odds locked in when you place the bet — they don't change even if the market moves.

You take 3.00 — even if odds drop to 2.20 before kickoff, you get paid at 3.00.

The bookmaker's built-in profit on the odds. Lower margin = better odds for you.

A coin toss should be 2.00/2.00, but bookies offer 1.90/1.90 — the 5% gap is the margin.

A bet placed with bonus funds. Usually only profit is returned, not the stake.

A Br5,000 free bet at odds 3.00 returns Br10,000 profit (not Br15,000).

The number of times you must bet a bonus before you can withdraw it.

A 5× rollover on a Br50,000 bonus means betting Br250,000 total before withdrawal.

A promotional offer for new customers, usually a percentage match on the first deposit.

Betway offers 100% on your first deposit up to Br65,000 in Ethiopia.

A bet on whether both teams will score at least one goal each.

GG on a Ethiopian PL match — both teams must score at least once.

Predicting the exact final score. High odds due to difficulty.

Betting 2-1 at odds of 8.50 on Betway.

Betting on a specific player to score. First, last, or anytime goalscorer.

Anytime Goalscorer: Mo Salah to score at any point during the match.

A bet on whether total goals will be above or below a set number (2.5, 3.5...).

Over 2.5 Goals: the bet wins if 3 or more goals are scored in the match.

A selection with very high odds and a low probability of winning.

A relegation team beating the league leaders at odds of 15.00.

Betting on all outcomes at different bookmakers to guarantee profit.

Backing each outcome at Betway and 1xBet where odds guarantee a profit.

A betting recommendation shared by an expert or tipster.

A tipster shares: "Over 2.5 Goals in tonight's Ethiopian PL match."

A bet where the odds are higher than the true probability suggests.

If you estimate a team at 50% chance but odds are 2.50, that's a value bet.