Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Insights.
- Accumulator
- An Accumulator combines multiple selections into one bet; all selections must win for you to get a payout.
- Arbitrage
- Arbitrage (or sure bet) involves betting on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- Asian Handicap assigns a goal advantage or disadvantage to a team to remove the draw as an outcome.
- Back Betting
- Back Betting is when you bet that an outcome will happen, the opposite of lay betting.
- Bankroll
- Bankroll is the total money you have set aside for betting.
- Bet Builder
- Bet Builder allows you to create a personalized bet by combining different markets from the same match.
- Betting Exchange
- A Betting Exchange is a platform where bettors can back and lay outcomes against each other, often with lower fees.
- Bookmaker
- A Bookmaker is a company that sets odds and accepts bets on sporting events.
- Both Teams To Score (BTTS)
- Both Teams To Score is a bet on whether each side will score at least one goal during the match.
- Cash Out
- Cash Out gives you the option to settle your bet before the event ends, locking in a profit or limiting a loss.
- Correct Score
- Correct Score is a bet on the exact final score of a match.
- Decimal Odds
- Decimal odds show the total payout per unit staked, including the original stake.
- Double Chance
- Double Chance lets you cover two of the three possible match outcomes in a single wager.
- First Goalscorer
- First Goalscorer is a wager on which player will score the opening goal of the match.
- Fractional Odds
- Fractional odds display the profit you stand to make relative to your stake, shown as a fraction.
- Half-Time/Full-Time
- Half-Time/Full-Time combines two bets, one on the result at halftime and another on the result at fulltime.
- Juice
- Juice (or vig) is the commission that bookmakers build into odds, ensuring they make a profit regardless of the result.
- Lay Betting
- Lay Betting is when you bet that an outcome will not happen, essentially acting as a bookmaker.
- Live Betting
- Live Betting lets you place bets on a match while it is in progress, with odds that update during play.
- Market
- A Market is a specific category of bets for an event, such as which team wins, total goals, or player performances.
- Moneyline
- Moneyline odds indicate how much you must bet to win a set amount, or how much you win if you bet a set amount.
- Odds
- Odds represent the likelihood of an outcome and indicate how much you can win relative to your stake.
- Over/Under
- Over/Under is a bet on whether the total number of goals in a match will be more or less than a set figure.
- Stake
- Stake is the amount of money you risk on a bet.
- Value Bet
- A Value Bet occurs when the odds offered are higher than the true probability suggests, giving you an edge.