Knowledge Base
Glossary
Plain-English definitions for the terminology used across Coach's Corner.
- Accumulator
- A bet that combines multiple selections into one wager; all must be correct to win, increasing potential payout.
- Arbitrage Betting
- Placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- A two-way handicap that eliminates the draw outcome, adjusting the final score for betting purposes.
- Bankroll Management
- The practice of setting a budget for betting and sticking to it to avoid losing more than you can afford.
- Bet Builder
- A tool that lets you combine different markets from the same match into a single custom bet.
- Bet Slip
- A digital record that shows the selections you have made, the odds, and the potential payout before you confirm the wager.
- Bookmaker
- A company that sets odds and accepts bets on sporting events and other outcomes.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Cashback
- A promotion that returns a portion of your losses as a bonus, usually after a set period.
- Free Bet
- A bonus token you can use to place a bet; any winnings are usually returned without the stake.
- House Edge
- The mathematical advantage the bookmaker holds in a market, ensuring profit over time.
- In-Play Betting
- Another term for live betting; wagers are accepted during the match.
- Juice
- The commission that the bookmaker charges on a bet, reflected in the odds; also called vigorish.
- Live Betting
- Placing bets on a match while it is in progress, with odds that update as the game unfolds.
- Moneyline
- A bet on which team will win a match, with odds expressed as a positive or negative number.
- Odds Boost
- A promotion that increases the odds on a specific selection, offering a higher potential payout.
- Over/Under
- A bet on whether the total score in a match will be higher or lower than a number set by the bookmaker.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out.
- Point Spread
- A handicap given to the underdog team to make both teams equally attractive for betting.
- Provably Fair
- A system that lets players verify that each game result was generated fairly and not manipulated.
- RTP
- The percentage of total bets a game pays back to players over the long run; a higher RTP means a better chance of winning.
- Stake
- The amount of money you place on a bet.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, giving an edge to the player.
- Volatility
- How often and how much a game pays out; high volatility means bigger but less frequent wins.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings from that bonus.