Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Insights.
- Accumulator
- A single bet that combines multiple selections, with all must win for a payout, multiplying the odds.
- Asian Handicap
- A point spread that gives one team a half-goal advantage or disadvantage to balance the match.
- Bankroll
- The total amount of money you have set aside for betting.
- Bet Builder
- A tool that lets you combine multiple related markets from the same match into a single bet.
- Betting Exchange
- A platform where you bet against other punters rather than a bookmaker, often offering better odds.
- Bookmaker
- A company that sets odds and accepts bets on sporting events.
- Both Teams To Score
- A bet that wins if each team scores at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the match ends, locking in a profit or limiting a loss.
- Closing Line
- The final odds available just before a match starts, used to evaluate betting skill.
- Correct Score
- A bet on the exact final score of the match.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, loss) in a match.
- First Goalscorer
- A bet on which player will score the first goal in the match.
- Free Bet
- A promotional token provided by a bookmaker that allows you to place a bet without using your own money.
- Hedge
- Placing a second bet to reduce risk or guarantee a profit by betting on the opposite outcome.
- In-Play
- Betting on a match while it is still ongoing, with odds that update as the game progresses.
- Lay
- To bet against an outcome on a betting exchange, acting as the bookmaker.
- Margin
- The bookmaker's built-in advantage, expressed as a percentage, that ensures they profit over time.
- Moneyline
- A straightforward bet on which team will win the match, with odds reflecting each team's chance.
- Odds
- The numerical value that indicates how likely an outcome is and how much you can win per unit staked.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher or lower than a set number.
- Payout
- The total amount you receive when a bet wins, including your original stake and profit.
- Spread Betting
- A bet where your profit or loss depends on how accurate your prediction is, beyond just win or lose.
- Stake
- The amount of money you risk on a bet.
- Unit
- A standard amount of money used to size bets consistently, often a percentage of your bankroll.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, suggesting an edge.