Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Insights.
- Accumulator
- a single bet that links multiple selections; all must win for the bet to pay out.
- Arbitrage
- exploiting differences in odds across bookmakers to guarantee a profit.
- Asian Handicap
- a type of bet that gives a disadvantage or advantage to a team, eliminating the draw option.
- Banker
- a selection considered very likely to win, often used to anchor larger bets.
- Bankroll
- the total amount of money set aside for betting.
- Bookmaker Margin
- the built-in advantage a bookmaker has in odds, often expressed as a percentage.
- Both Teams To Score
- a bet on whether each side will score at least one goal during the match.
- Cash Out
- a feature that lets you settle a bet before the event ends, locking in a profit or loss.
- Correct Score
- a bet that requires predicting the exact final score of a match.
- Double Chance
- a bet that covers two of the three possible outcomes (e.g., home win or draw).
- Draw No Bet
- a bet where you pick a team to win; if the match ends in a draw, your stake is refunded.
- First Goal Scorer
- a bet on which player will net the opening goal.
- Half-Time/Full-Time
- a bet that requires predicting both the result at half-time and at the end of the match.
- Hedge
- placing a counter bet to reduce risk or lock in a profit on an existing wager.
- In-Play Betting
- placing bets after a match has started, with odds that update in real time.
- Juice
- the commission a bookmaker charges, built into the odds.
- Kelly Criterion
- a formula used to determine the optimal size of a bet based on edge and odds.
- Over/Under
- a bet on whether the total number of goals in a match will be over or under a set value.
- Parlay
- a US term for an accumulator, linking multiple selections into a single wager.
- ROI
- the net profit or loss expressed as a percentage of the total amount wagered.
- Stake
- the amount of money placed on a bet.
- Tipster
- a person or service that provides betting predictions.
- Unit
- a standardized bet size used to manage risk, usually a fraction of the bankroll.
- Value Bet
- a bet where the odds offered are higher than the true probability suggests.