Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Accumulator
- A single bet that links multiple selections; all must win for a payout.
- Arbitrage
- Exploiting differences in odds across bookmakers to guarantee a profit regardless of the event’s outcome.
- Asian Handicap
- A handicap system that eliminates the draw outcome and uses quarter‑ball increments for finer lines.
- Back
- To bet on a particular outcome to happen, as opposed to betting against it.
- Bankroll
- The total funds set aside by a bettor for placing bets.
- Bet Builder
- A feature allowing bettors to combine multiple outcomes from a single match into one wager.
- Bookmaker Margin
- The built‑in advantage a bookmaker includes in odds, often called the "vig" or "juice".
- Both Teams To Score
- A market where you bet on whether both sides will score at least one goal.
- Cash Out
- The option to settle a bet early for a reduced payout, locking in profit or limiting loss.
- Correct Score
- Predicting the exact final score of a match.
- Decimal Odds
- A format that shows the total return per unit staked, e.g., 2.50 means $2.50 returned for each $1.
- Dutching
- Placing multiple bets on different outcomes in the same event to guarantee a profit regardless of the result.
- Fractional Odds
- Traditional odds shown as a fraction, indicating profit relative to the stake, e.g., 5/1 means $5 profit per $1.
- Half‑Time/Full‑Time
- A market that combines the result at half‑time and the result at full‑time in one bet.
- Handicap
- A point adjustment applied to a team’s final score to create balanced betting odds.
- Hedge
- A strategy of placing additional bets to offset potential loss on an existing wager.
- In‑play Betting
- Placing bets on events while a match is already in progress.
- Lay
- To bet against an outcome, essentially acting as the bookmaker by accepting other bettors’ stakes.
- Moneyline
- A bet on which team will win a match, with odds presented as a positive or negative number.
- Odds
- The probability of an outcome expressed as a number, determining how much a winning bet pays.
- Over/Under
- A bet on whether a specific statistic (e.g., total goals) will be over or under a set line.
- Stake
- The amount of money wagered on a bet.
- Unit
- A standardized amount used to measure the size of bets, often a fixed percentage of the bankroll.
- Value Bet
- A wager where the perceived probability of an outcome is higher than the bookmaker’s implied probability.
- Yield
- The net profit generated from betting relative to the total amount wagered, expressed as a percentage.