Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Insights.
- Accumulator
- A single bet that links two or more selections; all must win for the bet to pay out, and winnings roll over from one selection to the next.
- Asian Handicap
- A point spread that eliminates the draw outcome by giving a half‑goal or whole‑goal advantage or disadvantage to a team, balancing the match for betting purposes.
- Bankroll
- The total amount of money set aside for betting, separate from everyday finances.
- Bet Builder
- An online feature that lets you combine multiple markets from the same match into a single wager, such as goals, cards, and corners.
- Both Teams To Score
- A market where you 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, either locking in a profit or cutting a loss based on current odds.
- Correct Score
- A bet that requires you to predict the exact final score of a match.
- Double Chance
- A wager that covers two of the three possible outcomes (win, draw, or loss) in a single match, reducing risk.
- Draw No Bet
- A bet where you pick a team to win; if the match ends in a draw, the stake is refunded.
- Expected Value
- A measure of the average amount you can expect to win or lose per bet, calculated by multiplying the probability of each outcome by its payout.
- In-Play Betting
- Bets placed after a match has started, with odds that update as the game progresses.
- Kelly Criterion
- A mathematical formula that calculates the optimal fraction of your bankroll to wager based on the perceived edge in a bet.
- Lay Bet
- A bet that a specific outcome will not happen, offered mainly on betting exchanges where you act as the bookmaker.
- Live Odds
- Odds that change in real time during an event, reflecting the current state of play and market activity.
- Margin
- The bookmaker’s built‑in profit margin, expressed as a percentage, which is included in the odds to ensure the house advantage.
- Odds Comparison
- The process of checking the odds offered by different bookmakers to find the best possible price for a bet.
- Over/Under
- A market where you bet on whether the total number of goals (or other stats) in a match will be higher or lower than a set line.
- Parlay
- A multi‑selection bet where all individual picks must win for the wager to succeed, offering higher odds but greater risk.
- Payout
- The total amount of money returned to you when a bet wins, including the original stake and profit.
- Pre-Match Betting
- Bets placed before a match begins, based on the starting odds and team news.
- Responsible Gambling
- Tools and policies designed to help players stay in control of their betting activities, such as deposit limits and self‑exclusion options.
- Stake
- The amount of money you risk on a single bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, suggesting a positive expected return over time.
- Void
- A bet that is cancelled and the stake is returned, usually because a market was not settled or the event was abandoned.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings derived from it.