Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Accumulator
- A type of bet that combines multiple selections into one wager, with each selection needing to win for the bet to pay.
- Asian Handicap
- A handicap given to a team to level the playing field, often eliminating the draw option and using half or quarter goal lines.
- Bankroll Management
- The practice of setting aside a specific amount of money for betting and deciding how much to stake on each wager.
- Bet Builder
- A tool that allows you to create a custom wager by combining different markets from the same match into one bet.
- Both Teams to Score (BTTS)
- A market where you bet on whether each side will score at least one goal during the match.
- Cash Out
- A feature that lets you settle your bet before the event ends, locking in a profit or limiting a loss.
- Cash Out Value
- The current amount you would receive if you choose to cash out your active bet at that moment.
- Double Chance
- A bet that covers two of the three possible outcomes in a match, increasing your chance of winning.
- European Handicap
- A handicap that gives one team a head start or deficit expressed in whole goals, still allowing three outcomes.
- Free Bet
- A promotional credit given by the bookmaker that you can use to place a bet, with any winnings (excluding the free stake) usually withdrawable.
- Half-Time/Full-Time
- A bet that predicts the result at both half‑time and full‑time, such as ‘Home/Home’ or ‘Draw/Away’, offering higher odds than single‑time markets.
- In-Play Betting
- Placing a wager on a match after it has started, with odds that update as the game unfolds.
- Juice (Vig)
- The commission or fee that a bookmaker charges for taking a bet, reflected in the odds.
- Kelly Criterion
- A formula used to determine the optimal size of a bet based on your perceived edge and the odds offered.
- Line
- The set of odds or point spread offered for a particular bet, often used interchangeably with 'market'.
- Margin (Bookmaker)
- The built‑in advantage a bookmaker includes in the odds, ensuring they make a profit over the long term.
- Market
- A category of bets available for a particular sport or event, such as match result, total goals, or player props.
- Odds
- The number that tells you how much you can win relative to your stake, with higher odds meaning a larger potential payout.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be higher or lower than a set line.
- Parlay
- A single bet that links two or more individual wagers and only pays out if all of them win.
- Settled Bet
- A wager that has been resolved and paid out based on the final outcome of the event.
- Stake
- The amount of money you risk on a bet.
- Sure Bet
- A situation where you back all possible outcomes of an event across different bookmakers, guaranteeing a profit regardless of the result.
- Value Bet
- A wager where the odds offered by the bookmaker are higher than the true probability of the outcome, giving you an expected edge.
- Void Bet
- A bet that is cancelled and the stake is returned, usually because the event was postponed or the market was ruled invalid.