Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Accumulator
- A bet that combines multiple selections into one wager, where all selections must win for the bet to pay out.
- Asian Handicap
- A betting line that gives one team a virtual advantage or disadvantage to eliminate the draw as an outcome.
- Bankroll
- The total amount of money set aside for betting purposes.
- Cash Out
- The option to settle a bet before the event concludes, locking in a profit or loss.
- Double Chance
- A bet that covers two of the three possible outcomes in a match, increasing the chance of winning.
- Draw No Bet
- A market where the draw is removed, effectively betting on which team wins with a refund if the match ends in a draw.
- Each-Way
- A bet that consists of two parts: a win bet and a place bet, with the place bet paying out if the selection finishes in specified places.
- Evens
- A bet where the potential profit equals the stake, expressed as 2.00 in decimal odds.
- First Goalscorer
- A bet on which player will score the first goal in a match.
- Fold
- The number of selections in an accumulator bet (e.g., a 5-fold accumulator includes 5 selections).
- Half-Time/Full-Time
- A bet predicting both the halftime and final result of a match.
- In-Play
- Betting on a match that has already started, with odds that change as the game progresses.
- Joint-Favorite
- When two or more teams or players share the lowest odds in a market.
- Kelly Criterion
- A mathematical formula used to determine the optimal size of a series of bets to maximize long-term growth.
- Lay Bet
- A bet that a particular outcome will NOT happen, typically used on betting exchanges.
- Match Betting
- Betting on the outcome of a specific match without considering point spreads.
- Odds Compiler
- A professional who sets the odds for betting markets based on probability and market conditions.
- Over/Under
- A bet on whether the total number of goals, points, or other metrics will be over or under a specified line.
- Parlay
- Another term for an accumulator bet, combining multiple selections into one wager.
- Price Boost
- A promotional offer where the odds on a specific selection are increased.
- Punter
- A person who places bets.
- Roll-over Requirement
- The condition requiring a bettor to wager a certain amount before withdrawing bonus funds.
- Stake
- The amount of money wagered on a bet.
- Stake Back
- A type of bet where the stake is returned if the bet wins, often used in promotions.
- Void Bet
- A bet that is canceled and the stake is refunded, usually due to a match being postponed or certain conditions not being met.