Betting Glossary South Africa – 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 Hollywoodbets.

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

Your acca has 3/4 legs won — Hollywoodbets 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 PSL match on Hollywoodbets.

Watching sports events live within the bookmaker app.

Hollywoodbets offers live streaming of select PSL matches to active bettors.

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

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

A company that accepts and pays out bets. In South Africa, popular ones include Hollywoodbets, Betway, Supabets.

Hollywoodbets is the most used bookmaker in South Africa for competitive odds.

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

Depositing R5,000 via EFT on Hollywoodbets — instant and free.

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

Some markets on Hollywoodbets have a max bet of R500,000.

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

Hollywoodbets accepts bets from R100–200 in South Africa.

The amount of money you wager on a bet.

A stake of R2,000 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 EFT or bank.

Withdrawing R50,000 via EFT on Hollywoodbets — 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 PSL match on Hollywoodbets 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 PSL matches on Hollywoodbets 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 R1,000 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 PSL matches combined into one treble on Hollywoodbets.

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

Odds of 2.50 on Hollywoodbets: a R1,000 bet returns R2,500 (R1,500 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 R5,000 free bet at odds 3.00 returns R10,000 profit (not R15,000).

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

A 5× rollover on a R50,000 bonus means betting R250,000 total before withdrawal.

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

Hollywoodbets offers 100% on your first deposit up to R65,000 in South Africa.

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

GG on a PSL 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 Hollywoodbets.

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 Hollywoodbets and Betway where odds guarantee a profit.

A betting recommendation shared by an expert or tipster.

A tipster shares: "Over 2.5 Goals in tonight's PSL 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.