Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- 1X2
- A betting market where you pick either a home win (1), draw (X), or away win (2).
- Accumulator
- A single bet that combines multiple selections; all must win for a payout.
- Arbitrage
- Exploiting differences in odds across bookmakers to guarantee a profit regardless of outcome.
- Asian Handicap
- A spread that gives a handicap to one team to level the odds.
- Bankroll
- The total amount of money set aside for betting.
- Bet Builder
- A feature allowing you to combine multiple markets within a single match.
- Bonus Wagering Requirement
- The number of times a bonus must be played through before withdrawal.
- Both Teams To Score
- A market where you bet on whether each side will score at least one goal.
- Cash Out
- An option to settle a bet before the event ends, locking in a profit or loss.
- Draw No Bet
- A market where you bet on a team to win; if the match ends in a draw, the stake is refunded.
- Edge
- The statistical advantage a bettor believes they have over the bookmaker.
- Handicapping
- Assigning a virtual advantage or disadvantage to a team to balance the betting.
- Hedging
- Placing additional bets to reduce potential loss or guarantee a profit.
- Juice (Vig)
- The commission built into odds, usually displayed as a small percentage.
- Live Betting
- Placing bets on matches while they are in progress.
- Market Limit
- The cap on the total amount that can be wagered on a specific market.
- Maximum Bet
- The highest amount a bookmaker will accept on a particular market.
- Odds Boost
- A promotion that increases the odds offered on a particular selection.
- Outright Bet
- A bet on the overall winner of a tournament or league, rather than a single match.
- Over/Under
- A bet on whether the total number of goals will be over or under a set line.
- Parlay
- Another term for an accumulator; a multi‑selection bet with increased odds.
- Stake
- The amount of money placed on a bet.
- Staking Plan
- A systematic method for deciding how much to wager on each bet.
- Value Bet
- A bet where the odds offered are higher than the true probability suggests.
- Void Bet
- A bet that is canceled and the stake is returned, usually because a match was postponed.