Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Insights.
- Arbitrage
- Arbitrage exploits differences in odds across bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- Asian Handicap gives a team a fractional goal advantage or disadvantage to eliminate the draw option.
- Bankroll
- Bankroll is the total amount of money you set aside for placing bets.
- Bet Builder
- Bet Builder lets you create a custom bet by combining different markets from the same match.
- Both Teams to Score (BTTS)
- BTTS bets win if each side scores at least one goal during the match.
- Cash Out
- Cash Out lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Closing Line
- Closing Line is the final set of odds offered just before an event starts.
- Correct Score
- Correct Score bets require guessing the exact final score of the match.
- Decimal Odds
- Decimal odds show the total payout for each unit staked, including the original stake.
- Double Chance
- Double Chance lets you cover two of the three possible match outcomes in one wager.
- Draw No Bet
- Draw No Bet removes the draw outcome, so you win if your team wins or the match ends in a draw.
- Edge
- Edge is the statistical advantage a bettor believes they have over the bookmaker’s odds.
- First Goal Scorer
- First Goal Scorer bets win if the player you select scores the opening goal.
- Fractional Odds
- Fractional odds display the profit relative to the stake, shown as a fraction.
- Half-Time/Full-Time
- Half-Time/Full-Time requires predicting both the score at halftime and the final result.
- In-Play Betting
- In-Play Betting allows you to place bets on a match after it has started.
- Juice (Vig)
- Juice, or vig, is the commission the bookmaker charges for taking a bet, built into the odds.
- Moneyline Odds
- Moneyline odds indicate how much you must wager (negative) or win (positive) on a $100 bet.
- Odds
- Odds represent the probability of an outcome and determine how much you can win on a bet.
- Over/Under
- Over/Under bets predict whether the total goals in a match will be above or below a set number.
- Parlay
- Parlay combines multiple selections into one wager, with all choices needing to win for a payout.
- Point Spread
- Point spread assigns a handicap to the favorite to level the betting field.
- Single Bet
- Single Bet is a wager on a single outcome, with the stake placed on that selection alone.
- Stake
- Stake is the amount of money you risk on a particular bet.
- Value Bet
- Value Bet occurs when the odds offered are higher than the true probability of the outcome.