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Betting Basics

5 guides Opening guide Oct 2026 Newest Oct 2026 19 min

What Is a Unit in Betting? Staking in Steady Steps

A unit is a fixed slice of a betting budget used as the standard stake. It keeps bet sizes steady and makes results easy to read. Here is how to set one, keep a simple record and avoid the usual traps.

Oct 4, 20264 min
Dead Heat Rules: How Tied Bets Are Settled

When two or more selections tie for a place your bet covers, the stake is split and only part of it is paid at full odds. Three worked examples show exactly how the settlement is calculated.

Oct 4, 20264 min
Hedge Betting: How to Hedge a Bet and What It Costs

A hedge is a second bet placed against your first so that more outcomes return money. This guide shows the arithmetic with plain decimal odds and explains why certainty always comes at a price.

Oct 4, 20264 min
Overround Explained: The Margin Inside a Set of Odds

Add up the implied chances in any betting market and the total comes to more than 100 percent. That surplus is the overround. This explainer shows how to calculate it with nothing more than a phone calculator.

Oct 4, 20263 min
Cash Out in Betting: What the Offer Is Really Worth

The cash out button lets you settle a bet before the final whistle. This guide explains where the number comes from, why it is rarely a gift and how to decide in advance when, if ever, you would use it.

Oct 4, 20264 min

What Is a Unit in Betting? Staking in Steady Steps