In-Depth Explanation
A bet that is active and valid for settlement.
Sportsbook & Betting
Action
Quick Definition
Having an active monetary wager on a sporting event.
Real-World Example in Practice
Having $50 action on tonight Champions League final.
Related Terms & Concepts
Sportsbook & Betting
Accumulator Bet (Acca / Parlay)
A single wager linking multiple selections with multiplying odds, requ...
Sportsbook & Betting
Asian Handicap
A handicap line eliminating draws by giving teams fractional head star...
Sportsbook & Betting
Bankroll Management
The disciplined strategy of wagering consistent units (1%-3%) to survi...
Sportsbook & Betting
Cash Out
Settling an active wager before the event finishes to lock in profits...