Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- Accumulator
- A single bet that links two or more selections, with winnings rolling over from each win to the next, offering higher odds but requiring all parts to win.
- Asian Handicap
- A spread betting market that gives a handicap to one team, eliminating the draw and balancing the odds between the two sides.
- Bankroll Management
- The practice of setting a budget for betting and dividing it into units to avoid losing more than you can afford.
- Bet Builder
- A feature that lets you combine multiple outcomes from the same match into one wager, adjusting odds accordingly.
- Cash Out
- An option to settle a bet before the event ends, locking in a profit or limiting a loss based on current odds.
- Double Chance
- A market where you back two of the three possible outcomes (win/draw/win) in a single bet, lowering the risk.
- Draw No Bet
- A bet that refunds your stake if the match ends in a draw, leaving only a win for either side as the winning outcome.
- Edge
- The perceived advantage a bettor believes they have over the bookmaker’s odds, often based on analysis or inside information.
- Evens
- Odds expressed as 1/1, meaning you win the same amount as your stake if the selection wins.
- Fixed Odds
- The odds set at the time of placing the bet, remaining unchanged regardless of later market movements.
- Half-Time/Full-Time
- A market where you predict both the result at halftime and the final result of the match.
- In-Play
- Betting that takes place after the match has started, with odds that update in real time as the game progresses.
- Juice
- The commission or vigorish that a bookmaker adds to the odds, reflected in the total implied probability exceeding 100%.
- Lay Betting
- Betting against an outcome to happen, essentially acting as the bookmaker by offering odds to other bettors.
- Live Odds
- The changing odds offered during an in‑play event, adjusted constantly by the bookmaker based on the match situation.
- Margin
- The bookmaker’s built‑in profit margin, calculated as the difference between the true probability and the odds offered.
- Matched Betting
- A technique that uses free bets or promotions to guarantee a profit by covering all possible outcomes of an event.
- Odds Comparison
- The process of checking the odds from multiple bookmakers to find the best possible price for a wager.
- Over/Under
- A market where you bet on whether a specific statistic, such as total goals, will be above or below a set line.
- Parlay
- Another term for an accumulator, linking multiple selections so that only a winning chain yields a payout.
- Price Boost
- A promotional increase of the odds on a selected outcome, offered by the bookmaker to attract bets.
- Push
- A tie outcome in a bet where the stake is returned because the result matches the line exactly.
- Rollover Requirement
- A condition that any bonus funds must be wagered a certain number of times before withdrawal is allowed.
- Stake
- The amount of money you place on a bet, which determines the potential payout if the bet wins.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, indicating a positive expected return over time.