Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Insights.
- Accumulator
- An accumulator combines multiple selections into a single bet, with all choices needing to win for the bet to pay out.
- Asian Handicap
- Asian handicap assigns a positive or negative goal advantage to each team to eliminate the draw and create balanced odds for betting.
- Bankroll Management
- Bankroll management is the strategy of deciding how much money to risk on each bet to sustain betting activity over time.
- Booking Points
- Booking points assign a value to yellow and red cards, and you bet on whether the total points exceed a line set by the sportsbook.
- Bookmaker
- A bookmaker is a company that sets odds and accepts bets on sporting events, aiming to generate a profit over the long term.
- Both Teams To Score
- Both teams to score requires that each side scores at least one goal during the match for the bet to win.
- Cash Out
- Cash out gives you the option to settle a bet before the match ends, locking in a profit or limiting a loss based on the current odds.
- Corner Bet
- A corner bet predicts the total number of corner kicks awarded in a match, with bookmakers offering over/under lines.
- Double Chance
- Double chance betting covers two of the three possible match outcomes (e.g., win or draw) on a single wager.
- Draw No Bet
- Draw no bet removes the draw option, so you win if your chosen team wins and get your stake back if the match ends in a draw.
- First Goal Scorer
- First goal scorer betting selects the player expected to net the opening goal of the match.
- Halftime/Fulltime
- Halftime/fulltime betting predicts the result at the end of the first half and the final score simultaneously.
- Live Betting
- Live betting lets you place bets on a match while it is in progress, with odds that update as the game unfolds.
- Margin
- Margin, also called the overround, is the built-in profit percentage a bookmaker includes in the odds, ensuring they earn regardless of the result.
- Moneyline
- A moneyline bet is a straightforward wager on which team will win a match, with odds reflecting the probability of each outcome.
- Odds
- Odds indicate the likelihood of an outcome and determine how much you can win relative to your stake.
- Over/Under
- An over/under bet predicts whether the total number of goals scored in a match will be higher or lower than a figure set by the bookmaker.
- Parlay
- A parlay is a type of bet that links two or more outcomes; the payout grows with each correct selection but loses if any selection fails.
- Prop Bet
- A prop bet focuses on a specific event within a match, such as which player scores first or how many yellow cards are issued.
- Spread Betting
- Spread betting involves wagering on the margin of victory or defeat, where the payout depends on how accurate the prediction is.
- Stake
- The stake is the amount of money you wager on a single bet, which is multiplied by the odds to determine potential profit.
- Unit
- A unit is a standardized amount of your bankroll used to measure the size of each bet, typically representing 1% of total funds.
- Value Bet
- A value bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome, giving the bettor an expected edge.
- Vig
- Vig, short for vigorish, is the commission charged by a bookmaker for taking a bet, reflected in the odds as a small adjustment.