Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Insights.
- 1X2
- A three-way betting market where you pick either a home win (1), a draw (X), or an away win (2).
- Acca
- Short for accumulator, a single bet that links multiple selections; all must win for the bet to pay out.
- Asian Handicap
- A handicap applied to a team to level the playing field, eliminating the draw option and giving odds closer to 50/50.
- Back Bet
- A traditional bet that an outcome will happen, as opposed to a lay bet.
- Bankroll
- The total amount of money you have set aside for betting.
- Bet Builder
- A feature that lets you combine different markets from the same match into a single custom bet.
- Bookmaker Margin
- The built-in advantage a bookmaker has in the odds, ensuring they make a profit over the long term.
- Both Teams To Score (BTTS)
- A market where you bet on whether both sides will score at least one goal during the match.
- Cash Out
- A feature that lets you settle your bet before the match ends, locking in a profit or limiting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes in a match, increasing your chance of winning.
- Draw No Bet
- A two-way bet where you win if your chosen team wins, and you get your stake back if the match ends in a draw.
- Free Bet
- A credit given by a bookmaker that allows you to place a bet without using your own money.
- In-Play
- Betting on a match after it has started, with odds that update as the game unfolds.
- Lay Bet
- A bet that a specific outcome will not happen, essentially acting as the bookmaker.
- Live Betting
- The same as In-Play, referring to bets placed while a match is ongoing.
- Matched Betting
- A strategy that uses free bets and promotions to guarantee a profit by covering all outcomes.
- Odds
- The price that indicates how likely an outcome is and how much you can win relative to your stake.
- Over/Under
- A bet on whether the total number of goals in a match will be higher (over) or lower (under) than a set line.
- Overround
- The total probability of all outcomes in a market exceeding 100%, representing the bookmaker's margin.
- Parlay
- Another term for an accumulator, a bet that combines several selections into one wager with higher odds.
- Payout
- The total amount of money you receive when a bet wins, including your stake and profit.
- Stake
- The amount of money you place on a bet.
- Surebet
- A situation where you can bet on all possible outcomes of an event and guarantee a profit regardless of the result.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving you an edge.
- Wagering Requirement
- The number of times you must bet a bonus or free bet before you can withdraw any winnings.