Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Accumulator
- A bet that combines several selections into one wager with multiplied odds, requiring all selections to win.
- Asian Handicap
- A specialized handicap system that eliminates the draw outcome and offers two possible bets with half-goal lines.
- Bankroll Management
- The practice of allocating and controlling the amount of money set aside for betting to avoid financial risk.
- Both Teams to Score
- A bet on whether each team will score at least one goal during the match.
- Cash Out
- A feature allowing bettors to settle a bet before the event ends, locking in a profit or minimizing loss.
- Closing Line
- The final odds offered just before an event starts; a measure of betting market accuracy.
- Correct Score
- A wager predicting the exact final score of a match, offering high odds due to its difficulty.
- Draw No Bet
- A market where the bet is refunded if the match ends in a draw, leaving only two possible outcomes.
- Free Bet
- A promotional offer allowing a bettor to place a wager without risking their own money, usually with certain conditions.
- Handicap
- A virtual advantage or disadvantage given to a team to balance the odds, used in betting.
- In-Play
- The same as live betting; refers to odds and markets available during the match.
- Live Betting
- Placing bets on events while they are happening, with odds that update in real time.
- Odds
- The numerical expression of the likelihood of a specific outcome, determining the potential payout for a winning bet.
- Over/Under
- A bet on whether the total number of goals in a match will be higher or lower than a set line.
- Parlay
- A single bet that links multiple selections; all must win for the bet to pay out, increasing potential profit.
- Point Spread
- A handicap applied to the favored team to level the betting field, expressed as a positive or negative number.
- Public Money
- The amount of bets placed by casual bettors, often influencing line movement.
- ROI
- The net profit or loss from betting relative to the total amount wagered, expressed as a percentage.
- Steam
- A rapid shift in odds caused by heavy betting action from sharp bettors.
- Unit
- A standardized amount of money used to measure bet size, typically representing a small percentage of the bankroll.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, indicating a positive expected return.
- Vig
- The commission a bookmaker takes from a bet, reflected in the odds, which reduces the payout.
- Wagering Requirement
- The number of times a bonus must be wagered before it can be withdrawn, often attached to promotions.
- Yield
- The net profit from betting as a percentage of total stakes, indicating betting efficiency.