Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Insights.
- Acca
- Acca is short for accumulator, a single bet that combines multiple selections and pays out only if all of them win.
- Arbitrage
- Arbitrage is a strategy that exploits differing odds across bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- Asian Handicap is a spread bet that removes the draw option and uses quarter‑goal increments to balance the teams.
- Bankroll
- Bankroll is the total amount of money you have set aside for betting.
- Bet Builder
- Bet Builder is a feature that lets you create a custom bet by combining different markets for a single match.
- Bet Slip
- Bet Slip is the digital record where you list your selected bets and the amount you wish to wager.
- Cash Out
- Cash Out lets you settle a bet before the match ends, locking in a profit or cutting a loss.
- Draw No Bet
- Draw No Bet is a market where you back a team to win; if the match ends in a draw, your stake is refunded.
- Dutching
- Dutching is the practice of spreading your stake across multiple outcomes to ensure a profit no matter which one wins.
- Half-Time/Full-Time
- Half‑Time/Full‑Time is a bet predicting both the score at half‑time and the final result of the match.
- Handicap
- Handicap gives one team a virtual advantage or disadvantage to make the match more even for betting purposes.
- Hedge
- Hedge is a bet placed on the opposite outcome to reduce risk or lock in a profit on an existing wager.
- In-Play
- In-Play is another term for Live Betting, referring to bets made after the match has started.
- Juice
- Juice is the commission the bookmaker takes for each bet, often built into the odds to ensure they make a profit.
- Kelly Criterion
- Kelly Criterion is a mathematical formula that tells you how much of your bankroll to bet when you have an edge.
- Live Betting
- Live Betting allows you to place bets on a match while it is in progress, with odds that update as the game unfolds.
- Margin
- Margin is the bookmaker’s built‑in profit, reflected in odds being lower than the true fair odds.
- Moneyline
- Moneyline is a bet on which team will win the match, with odds reflecting the outright winner.
- Odds
- Odds represent the likelihood of an outcome and determine how much you can win relative to your stake.
- Over/Under
- Over/Under is a wager on whether the total number of goals scored in a match will be higher or lower than a set figure.
- Parlay
- Parlay is a bet that links two or more outcomes; all must be correct to win, offering higher odds than single bets.
- Payout
- Payout is the total amount you receive when a bet wins, including your original stake.
- Spread
- Spread, also called point spread, is a handicap that gives one team a virtual deficit or advantage to balance the match for betting.
- Stake
- Stake is the amount of money you risk on a bet.
- Value Bet
- Value Bet is a wager where the odds offered are higher than the true probability of the outcome, giving you an edge.