Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Insights.
- Accumulator
- A single bet that links two or more selections, with winnings rolling over from one selection to the next.
- Asian Handicap
- A betting line that gives one team a fractional advantage or disadvantage to eliminate the draw option.
- Bankroll Management
- The practice of setting and sticking to a budget for betting to avoid financial loss.
- Bet Builder
- A tool that allows you to combine multiple markets from the same match into a single wager.
- Bet Slip
- The digital record that lists your selected bets, stake, and potential payout before confirmation.
- Bonus
- Extra funds or rewards offered by a bookmaker to encourage betting, often subject to conditions.
- Bookmaker Margin
- The percentage by which the odds are adjusted to ensure the bookmaker makes a profit.
- Cash Out
- A feature that lets you settle a bet before the match ends, locking in a profit or limiting a loss.
- Dutching
- Splitting your stake across multiple outcomes in the same event to guarantee a profit regardless of which one wins.
- Edge
- An advantage you have over the bookmaker due to superior knowledge or information.
- Free Bet
- A bet credited by a bookmaker that you can use without risking your own money, with winnings usually returned without the stake.
- Hedge
- Placing a bet on the opposite outcome to an existing bet to secure a profit or reduce risk.
- In-Play Betting
- Placing bets on a match after it has started, with odds that update as the game progresses.
- Juice
- The commission or fee that a bookmaker charges on a bet, usually built into the odds.
- Kelly Criterion
- A mathematical formula used to determine the optimal size of a bet based on your edge and odds.
- Lay Bet
- A bet that a particular outcome will not happen, typically used in betting exchanges.
- Matched Betting
- A strategy that uses free bets and promotions to guarantee a profit by covering all possible outcomes.
- Odds
- The probability of an outcome expressed as a number, determining how much you can win relative to your stake.
- Odds Boost
- A promotion that increases the odds on a specific event, offering higher potential returns.
- Over/Under
- A bet on whether the total number of goals in a match will be more or less than a specified number.
- Payout
- The total amount you receive when a bet wins, including your original stake and profit.
- Stake
- The amount of money you risk on a bet.
- Stake Back
- A refund of your stake as a free bet or cash if a specific condition occurs, such as a draw.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving you an edge.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings.