Bet slip is either a virtual or a physical document showing the placing of a wager by a player, its type, stake amount, and a potential payout.
Components
It would contain information about the selection(s) being wagered on, the odds for each selection, the total stake amount, and, lastly, the return if the bets are successful.
Types of Bets
Bet slip could be set up for just one bet, an accumulator, or a system for a combination of multiple selections in one wager.
Functionality
A bet slip is a summary page within any online betting software, where users go through their selected picks to review or modify before confirming the bet. Most of them contain the necessary buttons for placing bets or clearing the selections.
User Experience
Bet slip can enhance betting experience by providing a clear and organised way for wager tracking, making it easier to manage payer’s betting activity.