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A 3/4 system consists of 4 bets which transpire from 4 picks -- four 3-pick multis (parlays). At least three of the four picks must be correct to gain some winnings - the exact amount of the winnings depends on how many of the predictions prove correct.

The term 3-bet most commonly refers to the first re-raise before the flop, although the term also refers to the first re-raise after the flop. (This article focuses exclusively on preflop 3-betting.) Subsequent raises are referred to as a 4-bet, 5-bet, etc.

Betfair is a British gambling company founded in 2000. It operates the world's largest online betting exchange. Its product offering also includes sports betting, online casino, online poker, and online bingo.

Betfair Group PLC. is an International Internet sports betting company.