Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- Accumulator
- An accumulator is a type of parlay where the winnings from each winning selection roll over into the next, increasing potential returns.
- Arbitrage
- Arbitrage (or ‘arbing’) is exploiting differences in odds across bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- Asian Handicap gives a half‑goal or whole‑goal advantage to the underdog to remove the draw option.
- Bankroll
- Bankroll is the total amount of money you have set aside for betting.
- Bet Builder
- Bet Builder allows you to combine different markets from the same match into one personalized bet.
- Both Teams To Score
- Both Teams To Score (BTTS) is a bet on whether both sides will score at least one goal during the match.
- Cash Out
- Cash Out lets you settle a bet before the event ends, locking in a profit or limiting a loss based on the current odds.
- Correct Score
- Correct Score is a wager predicting the exact final score of a match.
- Double Chance
- Double Chance lets you cover two of the three possible outcomes in a match in a single bet.
- Draw No Bet
- Draw No Bet removes the draw option, so you win if your chosen team wins and get your stake back if it ends in a draw.
- First Goal Scorer
- First Goal Scorer is a bet on which player will score the first goal in the game.
- Hedge
- Hedging is placing a second bet to reduce risk or guarantee a profit, usually by betting on the opposite outcome.
- Juice
- Juice, also called vig, is the commission a bookmaker adds to the odds, built into the price you pay.
- Kelly Criterion
- The Kelly Criterion is a formula that calculates the optimal size of a bet based on your edge and the odds.
- Live Betting
- Live Betting, also called in‑play, lets you place bets on a match while it is ongoing, with odds that change as the game progresses.
- Moneyline
- A moneyline bet is a wager on which team will win the match, with odds expressed as a positive or negative number.
- Odds
- Odds tell you how likely something is to happen and how much money you get if your bet wins.
- Odds Format
- Odds format is the way odds are displayed – decimal, fractional, or American – each showing potential payouts differently.
- Over/Under
- Over/Under is a bet on whether the total number of goals in a match will be more or less than a set figure.
- Parlay
- A parlay combines multiple selections into a single bet; all must win for you to get a payout.
- Spread
- Spread betting gives a handicap to one team to level the odds, so you bet on whether a team will win by more or less than that margin.
- Stake
- Stake is the amount of money you risk on a bet.
- Unit
- A unit is a standard measure of the size of a bet, often a fixed percentage of your bankroll.
- Value Bet
- A value bet is a wager where the odds offered are higher than the true probability of the outcome, giving you an edge.
- Wagering Requirement
- A wagering requirement is the amount you must bet before you can withdraw bonus funds.