Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Insights.
- Accumulator
- A single bet that links multiple selections; all must win for the bet to pay out.
- Arbitrage Betting
- Placing bets on all possible outcomes of an event with different bookmakers to guarantee a profit.
- Asian Handicap
- A way to bet that gives one team a virtual advantage or disadvantage to level the playing field, eliminating the draw option.
- Bankroll Management
- The practice of deciding how much money to risk on each bet to protect funds over time.
- Bet Builder
- A tool that lets you create a custom bet by combining different markets from the same match into one wager.
- Betting Limit
- The maximum amount a bookmaker will accept on a specific market or bet.
- Bookmaker Margin
- The built-in advantage a bookmaker includes in the odds, ensuring they make a profit over the long term.
- Both Teams to Score (BTTS)
- A bet on whether both sides will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Hedge
- Placing a second bet on the opposite outcome to reduce risk or lock in a profit.
- In-Play Betting
- Placing bets on events while they are already in progress, with odds that change as the game unfolds.
- Kelly Criterion
- A mathematical formula that calculates the optimal fraction of your bankroll to bet for maximum growth.
- Lay Bet
- A bet that a particular outcome will not happen, typically used on betting exchanges.
- Odds Comparison
- Checking the odds from multiple bookmakers to find the best price for a bet.
- Over/Under
- A wager on whether the total number of goals, points, or other stats will be above or below a set figure.
- Parlay
- A bet that combines two or more selections; all must win for a payout, offering higher odds.
- Public Money
- The portion of bets placed by casual bettors, which can move lines and create opportunities.
- ROI
- Return on Investment; the net profit or loss from betting relative to the total amount wagered.
- Single Bet
- A straightforward wager on one outcome, as opposed to linking multiple selections.
- Stake
- The amount of money you risk on a single bet.
- Steam Move
- A rapid change in odds caused by heavy betting activity, often signaling sharp money.
- Unit
- A standard measure of bet size, often a percentage of your total bankroll, used to keep wagering consistent.
- Value Bet
- A bet where the odds offered are higher than the true chance of the outcome, giving an edge.
- Void Bet
- A bet that is cancelled and stakes are returned, usually due to a match being postponed or a rule breach.