Gambling & Betting Encyclopedia

The Ultimate Gambling Glossary

Everything you need to know about sports betting rules, casino mechanics, crypto wagering, and affiliate tracking terms in plain language.

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Showing 2 terms starting with "u"

Sportsbook & Betting

Unit (Betting Unit)

A standardized measure of bet size relative to bankroll (typically 1 unit = 1% of bankroll).

Sportsbook & Betting

An order placed on a betting exchange waiting for another bettor to take the opposite side.