Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- Accumulator
- A single bet that links multiple selections; all must win for a payout, with winnings rolling over each win.
- Asian Handicap
- A spread betting system that gives a virtual advantage or disadvantage to a team, eliminating the draw option and balancing the odds.
- Bankroll Management
- The practice of setting and sticking to a budget for betting, determining stake sizes based on that budget.
- Bet Builder
- A feature allowing bettors to combine multiple markets from a single match into one personalized wager.
- Bet Slip
- A digital record listing the selections, odds, and stake for a wager before it is confirmed.
- Bonus Rollover
- The total amount a bettor must wager before withdrawing bonus funds or associated winnings.
- Bookmaker Margin
- The built-in advantage a bookmaker includes in the odds, ensuring profit regardless of the outcome.
- Both Teams To Score
- A wager that both competing teams will score at least one goal during the match.
- Cash Out
- A function that lets bettors settle a bet before the event concludes, locking in a profit or limiting a loss.
- Correct Score
- A bet predicting the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible match outcomes (win/draw, draw/lose, or win/lose) in a single selection.
- Fade
- To bet against a particular team, outcome, or public opinion, often used when following the opposite of popular sentiment.
- Half-Time/Full-Time
- A bet that requires predicting both the result at halftime and the result at the end of the match.
- In-Play
- Betting on match events after the game has started, with odds that update in real time.
- Juice
- The commission or fee charged by a bookmaker, often reflected in the odds as a small percentage added to the implied probabilities.
- Kelly Criterion
- A mathematical formula used to determine the optimal size of a bet based on the perceived edge and odds.
- KYC
- Short for Know Your Customer; a regulatory process where bookmakers verify a customer's identity and eligibility to bet.
- Line Movement
- Changes in the odds or point spread that occur as betting activity and new information influence the market.
- Odds
- The numerical expression of the likelihood of a specific outcome, indicating how much a winning bet pays relative to the stake.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be higher or lower than a set figure.
- ROI
- Stands for Return on Investment; a percentage measure of profit relative to the total amount wagered.
- Stake
- The amount of money a bettor places on a wager, which is at risk of being lost.
- Unit
- A standardized amount of money used to measure the size of bets, typically a fraction of the total bankroll.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, suggesting an expected positive return.