Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Insights.
- Accumulators
- A single bet that links multiple selections; all must win for the bet to pay out.
- Age Verification
- The process of confirming a bettor’s age to ensure they are legally allowed to gamble.
- Arbitrage Betting
- The practice of placing bets on all outcomes of an event at different bookmakers to secure a guaranteed profit.
- Asian Handicap
- A handicap applied to each team to make unequal teams more even, giving a spread of possible outcomes.
- Bankroll
- The total amount of money you have set aside for betting.
- Bonus
- Extra funds or free bets offered by a bookmaker, often with conditions attached.
- Bookmaker
- A company or person that sets odds and accepts bets on sporting events.
- Both Teams To Score
- A bet on whether each side 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 cutting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes of a match, increasing your chances of winning.
- Draw No Bet
- A bet that returns your stake if the match ends in a draw, otherwise you win on the chosen side.
- Edge
- The perceived advantage a bettor has over the bookmaker in a particular wager.
- Free Bet
- A bet that you can place without using your own money, with any winnings usually returned without the original stake.
- Half-Time/Full-Time
- A bet that combines predicting the result at half‑time and the final result of the match.
- In-Play Betting
- Placing bets on a match after it has started, with odds that update as the game progresses.
- Kelly Criterion
- A formula used to determine the optimal size of a bet based on your edge and the odds.
- Odds
- The number that tells you how much you can win relative to your stake, reflecting how likely an outcome is thought to be.
- 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.
- Payout
- The total amount of money you receive when a bet wins, including your original stake and profit.
- Responsible Gambling
- Practices and tools designed to help individuals gamble safely and within their means.
- Sportsbook
- A platform, either online or in a premises, where bets on sports events are placed.
- Stake
- The amount of money you put on a bet.
- Surebet
- A situation where the odds on all possible outcomes guarantee a profit regardless of the result.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, suggesting a potential edge.
- Wagering Requirement
- The number of times you must bet the bonus amount before you can withdraw any winnings from it.