Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Insights.
- Accumulator
- Accumulator is a single bet that combines multiple selections; all selections must win for the bet to pay out, and winnings roll over from one selection to the next.
- Arbitrage
- Arbitrage is a betting strategy that exploits differences in odds across multiple bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- Asian Handicap is a betting line that gives one team a virtual head start or deficit, making the match more balanced for betting.
- Bankroll
- Bankroll is the total amount of money you have set aside for betting.
- Bet Builder
- Bet Builder is a tool that allows you to combine several markets from the same match into one custom bet.
- Bookmaker
- Bookmaker is a company or individual that sets odds and accepts bets on sporting events.
- Both Teams To Score
- Both Teams To Score is a bet on whether each team will score at least one goal during the match, regardless of the final outcome.
- Cash Out
- Cash Out lets you settle a bet before the event ends, locking in a profit or limiting a loss based on the current score.
- Correct Score
- Correct Score is a bet that requires you to predict the exact final score of a match.
- Double Chance
- Double Chance is a bet that covers two of the three possible outcomes (home win or draw, away win or draw, or either team winning) in a single wager.
- Draw No Bet
- Draw No Bet is a bet where you pick a team to win, and if the match ends in a draw you get your stake back, not a loss.
- Dutching
- Dutching is placing multiple bets on different outcomes of the same event to guarantee a profit regardless of which outcome wins.
- First Goalscorer
- First Goalscorer is a bet on which player will score the first goal in a match.
- Half-Time/Full-Time
- Half-Time/Full-Time requires you to predict both the result at half-time and the final result of the match.
- In-Play
- In-Play bets are placed after a match has started, while the action is still happening.
- Kelly Criterion
- Kelly Criterion is a mathematical formula that calculates the optimal size of a bet based on your edge and the odds offered.
- Lay Bet
- Lay Bet is a bet that a particular outcome will not happen, typically used on betting exchanges where you act as the bookmaker.
- Margin
- Margin is the bookmaker’s built-in profit margin, expressed as a percentage, which is embedded in the odds they offer.
- Odds Comparison
- Odds Comparison shows the different odds offered by various bookmakers for the same event, helping you find the best price.
- Over/Under
- Over/Under is a bet on whether the total number of goals scored in a match will be higher or lower than a set number.
- Point Spread
- Point Spread is a margin set by oddsmakers that the favored team must win by for a bet on them to succeed.
- Stake
- Stake is the amount of money you risk on a bet.
- Unit
- Unit is a standard measurement of the size of a bet, often a fixed percentage of your bankroll, used to manage risk.
- Value Bet
- Value Bet is a bet where the odds offered are higher than the true probability of the outcome, indicating a potential advantage.
- Yield
- Yield is the net profit or loss from betting expressed as a percentage of the total amount wagered.