Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- Accumulator
- An Accumulator is a single bet that links multiple selections, all of which must win for a payout.
- Arbitrage Betting
- Arbitrage Betting exploits differences in odds across bookmakers to guarantee a profit regardless of result.
- Asian Handicap
- Asian Handicap gives a head start or disadvantage to a team to level the playing field, eliminating the draw.
- Back Bet
- A Back Bet is a wager that a particular outcome will happen, like a typical bet.
- Bankroll Management
- Bankroll Management is the practice of setting and sticking to a budget for your betting activities.
- Bet Builder
- Bet Builder lets you combine multiple selections from the same match into a single wager.
- BTTS
- BTTS is a bet on whether both teams 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.
- Correct Score
- Correct Score is a bet on the exact final score of a match.
- Decimal Odds
- Decimal odds show the total payout per unit wagered, including the original stake.
- Double Chance
- Double Chance lets you cover two of the three possible match outcomes in one bet.
- European Handicap
- European Handicap applies a whole-number advantage or disadvantage to a team, with three possible outcomes.
- First Goalscorer
- First Goalscorer is a bet on which player will score the first goal in the match.
- Fractional Odds
- Fractional odds show the profit relative to the stake, expressed as a fraction.
- Half-Time/Full-Time
- Half-Time/Full-Time is a bet on the result at both half-time and full-time of a match.
- Kelly Criterion
- Kelly Criterion is a formula used to determine the optimal size of a bet based on perceived edge.
- Lay Bet
- A Lay Bet is a wager that an outcome will not happen, usually placed on a betting exchange.
- Live Betting
- Live Betting allows you to place bets on a match while it is in progress.
- Moneyline Odds
- Moneyline odds indicate how much you need to bet or how much you win on a straight outcome.
- Over/Under
- Over/Under is a bet on whether the total number of goals/scores in a match will be above or below a set number.
- Parlay
- A Parlay is a bet that combines several selections; the payout grows but all must win.
- Pre-Match
- Pre-Match refers to bets placed before the event starts.
- Value Bet
- A Value Bet is when the odds offered by a bookmaker are higher than the true probability of the outcome.
- Wagering Requirement
- Wagering Requirement is the number of times you must bet a bonus amount before you can withdraw it.