Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Insights.
- Accumulator
- A single bet that combines multiple selections, with winnings from each selection rolled over to the next, resulting in higher odds but requiring all picks to win.
- Asian Handicap
- A handicap given to a team to eliminate the draw outcome, expressed in whole, half, or quarter goals, balancing the match for betting purposes.
- Bankroll Management
- The practice of allocating a specific portion of funds for betting, setting stake sizes and limits to minimize the risk of significant losses.
- Bet Builder
- A feature allowing bettors to combine multiple markets from the same match into a single wager, customizing odds and potential payouts.
- Bookmaker
- A company that sets odds and accepts bets on sporting events, acting as the counterparty to the bettor.
- Bookmaker Margin (Juice)
- The built-in advantage that a bookmaker includes in the odds, ensuring a profit regardless of the event outcome, expressed as a percentage.
- Both Teams To Score (BTTS)
- A bet on whether each side will score at least one goal during the match, regardless of the final result.
- Cash Out
- A feature allowing the bettor to settle a bet before the event concludes, locking in a profit or limiting a loss based on current odds.
- Cashback
- A refund of a portion of a losing stake, typically offered as a bonus that can be used for further bets after meeting certain criteria.
- Correct Score
- A market that requires predicting the exact final score of a match, offering higher odds due to the specificity of the outcome.
- Double Chance
- A wager that covers two of the three possible match outcomes (e.g., home win or draw), reducing risk compared to a single outcome bet.
- Draw No Bet
- A market where the stake is refunded if the match ends in a draw, leaving only a win for either team as the possible winning outcome.
- Expected Value (EV)
- A measure of the average amount a bettor can expect to win or lose per unit staked, calculated by multiplying the probability of each outcome by its payoff.
- First Goalscorer
- A bet on which player will score the opening goal of the match, with odds varying based on the player's perceived chance of scoring first.
- Free Bet
- A no-cost wager credited by a bookmaker, usually with conditions such as a minimum odds requirement or a time limit for use.
- Half-Time/Full-Time
- A market that asks for the result at both the end of the first half and the end of the match, requiring predictions for both intervals.
- In-Play Betting
- Placing bets on a match while it is ongoing, with odds that update in real time as the game progresses.
- Market
- A specific betting option offered on a match, such as the winner, total goals, or player performance.
- Odds
- The numerical representation of the likelihood of a specific outcome, indicating how much a winning bet returns relative to the stake.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be higher or lower than a line set by the bookmaker.
- Parlay (Multi)
- A bet linking two or more selections, where all must win for the wager to pay out, and odds multiply across the selections.
- Price Boost
- A promotion where a bookmaker increases the odds on a particular selection, offering a higher potential payout than the standard line.
- Stake
- The amount of money wagered on a single bet or selection.
- Value Bet
- A selection where the perceived probability of an outcome is higher than the probability implied by the bookmaker’s odds, offering a positive expected return.
- Void
- A bet that is cancelled and the stake returned, usually due to a match being postponed, rescheduled, or a rule that results in no outcome.