Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Accumulator
- A type of parlay where multiple selections are combined, and winnings roll over after each win.
- Arbitrage Betting
- Exploiting differences in odds across bookmakers to guarantee a profit regardless of the outcome.
- Asian Handicap
- A handicap system that eliminates the draw option, giving each team a fractional advantage or disadvantage.
- Bankroll
- The total amount of money set aside for placing bets.
- Bet Builder
- A tool that allows you to combine multiple markets from the same match into a single wager.
- Betting Unit
- A standard amount used to size bets, often a fixed percentage of the bankroll.
- Both Teams To Score
- A wager 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 limiting a loss.
- Closing Line
- The final odds available before a match starts, considered a benchmark for bet quality.
- Decimal Odds
- A format that expresses the total payout per unit wagered, including the original stake.
- Double Chance
- A bet that covers two of the three possible outcomes of a match, increasing your chance of winning.
- Fractional Odds
- A format that shows the profit relative to the stake, expressed as a fraction.
- Handicapping
- The process of evaluating teams and events to estimate the likelihood of outcomes.
- Hedging
- Placing additional bets to reduce potential loss or secure profit on an existing wager.
- In-Play Betting
- Placing bets on a match while it is already in progress, with odds that update live.
- Juice
- The commission charged by a bookmaker, usually built into the odds.
- Moneyline
- A bet on which team will win a match, with odds expressed as a positive or negative number.
- Odds
- The number that tells you how much you can win relative to your stake, reflecting the likelihood of an outcome.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher or lower than a set line.
- Parlay
- A single bet that links two or more selections, requiring all of them to win for a payout.
- Pre-Match Betting
- Placing bets on a match before it begins, based on fixed odds.
- Single Bet
- A straightforward wager on one outcome, with the stake placed on that selection alone.
- Spread Betting
- A wager that involves a point margin, where the favorite must win by more than the spread and the underdog can lose within the spread.
- Stake
- The amount of money you risk on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, suggesting an edge.