Knowledge Base
Glossary
Plain-English definitions for the terminology used across Coach's Corner.
- Accumulator
- An accumulator, also known as a multi, links several selections so that any winnings roll over into the next choice, creating a larger potential payout.
- Arbitrage
- Arbitrage involves betting on all possible outcomes of an event across different sportsbooks to guarantee a profit regardless of the result.
- Asian Handicap
- An Asian handicap splits the handicap into two half‑goal increments, eliminating the draw option and offering more balanced odds.
- Bankroll
- Your bankroll is the total amount of money you have set aside for betting, used to manage risk and stakes.
- Bet Slip
- A bet slip is the online form where you confirm the details of your wagers, including selections, stake, and odds.
- Cash Out
- Cash out allows you to settle a bet before the event ends, locking in a profit or limiting a loss based on current odds.
- Double Chance
- A double chance bet covers two of the three possible outcomes in a match, increasing your chance of winning.
- Futures
- A futures bet is placed on an event that will be decided later in the tournament, like which team will win the World Cup.
- Half-Time Bet
- A half‑time bet is a wager placed on the outcome of only the second half of a match.
- Hedging
- Hedging means placing a bet on the opposite outcome to reduce risk or secure a guaranteed profit after an initial wager.
- Live Betting
- Live betting lets you place bets on a match while it is in progress, with odds that update as the game unfolds.
- Margin
- Margin, or house edge, is the sportsbook’s built‑in advantage that ensures it makes a profit over the long term.
- Moneyline
- A moneyline bet is a straightforward wager on which team will win the match, without any point spread adjustments.
- Odds
- Odds express the likelihood of an outcome and determine how much money you can win relative to your stake.
- Over/Under
- An over/under bet predicts whether the total number of goals scored in a match will be higher or lower than a number set by the sportsbook.
- Parlay
- A parlay combines multiple selections into a single bet, and all of them must win for the parlay to pay out.
- Payout
- A payout is the total amount you receive when a bet wins, including your original stake plus profit.
- Point Spread
- A point spread assigns a handicap to the favored team to level the odds, requiring them to win by a certain margin for the bet to cash.
- Prop Bet
- A prop bet focuses on a specific event within a game, such as which player will score first, rather than the final outcome.
- Rollover
- Rollover is the total amount you must wager to meet the terms of a promotion, often expressed as a multiple of the bonus.
- Stake
- The stake is the amount of money you risk on a particular bet.
- Value Bet
- A value bet occurs when the odds offered by a sportsbook are higher than the true probability of the outcome, giving you an edge.
- Vig
- Vig, also called juice, is the commission the sportsbook charges for taking your bet, built into the odds.
- Wagering Requirement
- A wagering requirement specifies how many times you must bet a bonus amount before you can withdraw any winnings.