Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- Accumulator
- A bet that combines multiple selections into one wager, and all selections must win for the bet to pay out.
- Asian Handicap
- A spread betting system that gives a virtual advantage or disadvantage to teams to level the playing field, reducing the possibility of a draw.
- Bankroll
- The total amount of money set aside for betting, used to manage how much you can afford to wager.
- Bet Builder
- An online tool that lets you combine several markets from the same match into a single custom bet.
- Bet Slip
- The digital record where your chosen bets, stake, and potential payout are shown before you confirm the wager.
- 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 a bet before the event ends, locking in a profit or limiting a loss based on current odds.
- Correct Score
- A market that requires you to predict the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, loss) in a match, increasing your chance of winning.
- Draw No Bet
- A market where you bet on a team to win, and if the match ends in a draw your stake is refunded.
- Edge
- The perceived advantage a bettor believes they have over the bookmaker’s odds, often based on analysis or information.
- Fixed Odds
- Odds that are set at the time you place a bet and do not change, regardless of later market movements.
- Free Bet
- A promotional credit given by a bookmaker that can be used to place a bet, usually with any winnings returned minus the free bet stake.
- Handicapping
- The process of evaluating teams and conditions to assign a perceived advantage or disadvantage that influences betting odds.
- In-Play
- Betting that takes place after a match has started, with odds that update in real time as the game progresses.
- Juice
- The commission or fee that a bookmaker adds to the odds, often reflected in the spread between the true probability and the offered odds.
- Lay Bet
- A bet that a particular outcome will not happen, typically placed on a betting exchange where you act as the bookmaker.
- Live Betting
- Another term for In-Play betting, referring to wagering on events as they happen.
- Market
- A specific category of bet offered on an event, such as match result, total goals, or player performance.
- Odds
- The numerical representation of the likelihood of an outcome, determining how much you can win relative to your stake.
- Over/Under
- A market where you bet on whether a specific statistic, most often total goals, will be above or below a set number.
- Parlay
- A bet that links two or more individual wagers, requiring all of them to win for a payout; similar to an accumulator.
- Push
- A result where the bet is neither won nor lost, usually because the outcome exactly matches the line, leading to stakes being returned.
- Risk-Free Bet
- A promotion that refunds your stake if the bet loses, typically as a free bet or bonus credit.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, suggesting an expected positive return over time.