Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Insights.
- Accumulator
- A single bet that links multiple selections; all must win for the bet to pay out, multiplying the odds.
- Asian Handicap
- A point spread that gives one team a fractional advantage or disadvantage to level the odds, used to avoid draws.
- Bankroll
- The total amount of money set aside for betting activities.
- Bet Builder
- A feature that lets you combine several markets from a single match into one wager, adjusting the combined odds.
- Betting Exchange
- A platform where bettors can back and lay outcomes against each other, often with lower fees than traditional sportsbooks.
- Cash Out
- An option to settle a bet before the event ends, either locking in a profit or limiting a loss.
- Correct Score
- A bet that predicts the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, lose) in a single match.
- Draw No Bet
- A bet that returns your stake if the match ends in a draw; you win if your chosen team wins.
- Edge
- An advantage a bettor believes they have over the sportsbook’s odds, often calculated through analysis.
- Expected Goals (xG)
- A metric that estimates the number of goals a team or player is likely to score based on the quality of chances created.
- First Goalscorer
- A bet on which player will score the first goal in a match.
- Half-Time/Full-Time
- A bet that requires you to predict both the result at half‑time and the result at full‑time.
- In-Play
- Bets placed after the match has started, with odds that update as the game unfolds.
- Juice (Vig)
- The commission or fee that a sportsbook adds to the odds, built into the betting line to ensure profit.
- Kelly Criterion
- A mathematical formula that calculates the optimal proportion of your bankroll to risk on a bet based on the perceived edge.
- KYC
- The process of verifying a bettor’s identity to prevent fraud, money laundering, and under‑age gambling.
- Live Betting
- Betting on events while they are happening.
- Matched Betting
- A technique that uses free bets and promotions to guarantee a profit by covering all possible outcomes.
- Odds
- The probability assigned to an outcome, shown as a number that determines how much you can win relative to your stake.
- Over/Under
- A bet on whether a specific statistic, such as total goals in a match, will be above or below a set number.
- Parlay
- Another term for an accumulator; a single bet that links multiple selections and requires all to win.
- Responsible Gambling
- Practices and tools, such as deposit limits and self‑exclusion, that help bettors stay in control and gamble safely.
- Stake
- The amount of money you risk on a bet.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, giving an expected positive return.