Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- Accumulator
- A bet that combines multiple selections into one wager; all selections must win for the bet to pay out.
- Asian Handicap
- A spread betting system that gives a disadvantage to the stronger team and a head start to the weaker team, eliminating the draw.
- Bankroll
- The total amount of money a bettor sets aside for wagering.
- Bet Builder
- A feature allowing you to combine different markets from a single match into one custom bet.
- Bet Slip
- The digital record that lists your selected wagers and potential payout before you confirm the bet.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or minimizing a loss.
- Closing Line
- The final odds offered just before a market closes; often used to measure betting skill.
- Correct Score
- A bet predicting the exact final score of a match.
- Double Chance
- A wager that covers two of the three possible outcomes (win, draw, loss) in a single bet.
- Edge
- An advantage a bettor believes they have over the bookmaker’s odds.
- Expected Goals (xG)
- A metric that estimates the likelihood a shot will result in a goal, used to assess team performance.
- Fixed Odds
- Odds that are set at the time of bet placement and do not change.
- Half-Time/Full-Time
- A bet predicting both the result at halftime and the result at the end of the match.
- In-Play Betting
- Placing bets on a match after it has started, with odds that update as the game progresses.
- Juice
- The commission or fee that a bookmaker charges on a bet, usually built into the odds.
- Lay Bet
- A bet that a particular outcome will not happen, essentially wagering against that result.
- Margin
- The bookmaker’s built-in profit margin, expressed as a percentage that ensures they make money over the long run.
- Matched Betting
- A strategy using free bets and lay bets to guarantee a profit regardless of the outcome.
- Odds Boost
- A promotional increase of odds on a specific selection, offered to attract bets.
- Over/Under
- A bet on whether a specific statistic (like total goals) will be above or below a set line.
- Parlay
- Another term for an accumulator; a single bet linking multiple selections.
- Price Movement
- The change in odds for a market due to betting activity or new information.
- Stake
- The amount of money you wager on a bet.
- Underdog
- The team or player expected to lose, often offering higher odds.
- Void Bet
- A bet that is cancelled and the stake is returned, usually due to a match being postponed or a rule violation.