Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- Accumulator
- A bet that combines multiple selections into one wager, and all selections must win for the bet to pay out.
- Arbitrage
- The practice of placing bets on all possible outcomes of an event to guarantee a profit, exploiting differences in odds.
- Asian Handicap
- A handicap market that eliminates the draw outcome by using whole or half goal lines, giving a balanced chance to both teams.
- Bankroll
- The total amount of money you have set aside for placing bets.
- Bet Builder
- A feature that lets you combine different outcomes from the same match into a single custom bet.
- Cash Out
- A function that lets you settle a bet before the event ends, locking in a profit or loss.
- Cover
- To win a bet that beats the point spread or handicap, satisfying the condition of the wager.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, or loss) in a match.
- Each-Way
- A two-part bet where you back a team to win and also to place, with a portion of the stake placed on each outcome.
- European Handicap
- A handicap that gives one team a integer goal advantage while preserving the draw option.
- Fixed Odds
- The odds set by the bookmaker at the time of placing the bet, remaining unchanged regardless of later line movements.
- In-Play
- Bets that are offered and can be placed after the match has started, with odds updating during the game.
- Line
- The set of odds or point spread offered for a particular betting market.
- Live Betting
- Another term for In-Play betting, focusing on wagering while the game is ongoing.
- Market
- The category or set of outcomes available for betting on a specific event, such as match result or total goals.
- Odds
- The numerical representation of the likelihood of an outcome, determining the potential payout for a winning bet.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be more or less than a set figure.
- Parlay
- A bet that links multiple selections; all must win for a payout, similar to an accumulator.
- Point Spread
- A handicap applied to the favored team to level the betting field, used mainly in US sports.
- Push
- A result where the bet is voided because the outcome exactly matches the set line or total.
- Spread Betting
- A bet where profit or loss is determined by the accuracy of the margin of victory, rather than fixed odds.
- Stake
- The amount of money you wager on a particular bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, suggesting an edge.
- Void
- A bet that is cancelled and the stake is returned, often due to a match being postponed or a rule breach.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings from the bonus.