Key Betfair Terminology
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Back - Bet on something, so betting for it to happen
Lay - Bet against something, so betting on it not to happen
Market - The place on Betfair where you can bet on an outcome, one event can have multiple markets such as: Race winner, To Be Placed etc.
LTD - Lay the draw (bet against a draw)
CS - Correct Score (the current score in a football match)
LCS - Lay Correct Score (lay the current score in a football match)
FHG - First half goal (a goal to be scored in the first half of a match)
FHCS - First half correct score
O0.5, O1.5 or O2.5 etc - O means Over (so over 0.5, 1.5, 2.5 goals etc)
U0.5, U1.5 or U2.5 etc - U means Under (so under 0.5, 1.5, 2.5 goals etc)
HT - Half-Time
FT - Full Time
BTTS - Both teams to score (in a football match)
DOB - Double or Bust 100% profit or 100% loss (often used in horse racing)
Dobbing - Backing a horse and either hedging in running for a 100% profit or letting it run for a 100% loss loss if it does not half in price.
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Trobbing (Trob) Triple or bust. Backing a horse for 1 point with a 3 point lay in place at 1/3rd of the back price. If it doesn’t drop one point lost if if it does you get 3 times your stake back(including stake)
