Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- Accumulator
- A bet that combines multiple selections into one, all of which must win for the bet to pay out.
- Asian Handicap
- A handicap betting system that eliminates the draw outcome by giving one team a half or quarter goal advantage or disadvantage.
- Bankroll
- The total amount of money set aside for betting activities.
- Bet Builder
- An online feature that lets you combine multiple markets from a single match into one personalized bet.
- Cash Out
- A feature allowing you to settle a bet before the event concludes, locking in a profit or minimizing loss.
- Cashback
- A promotion that returns a percentage of your losses as a bonus, usually with wagering conditions.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, loss) in a match.
- Draw No Bet
- A bet that refunds your stake if the match ends in a draw, leaving only win or lose outcomes.
- Edge
- The perceived statistical advantage a bettor believes they have over the bookmaker's odds.
- Expected Goals (xG)
- A metric that estimates the number of goals a team is likely to score based on the quality of their shots.
- Free Bet
- A bonus bet that allows you to place a bet without using your own money, with winnings usually returned minus the stake.
- Half-Time/Full-Time
- A market where you predict both the halftime and final result of a match.
- In-Play Betting
- Betting on a match after it has started, with odds that update as the game progresses.
- Live Odds
- The dynamic odds offered during an in-play event, changing in real time.
- Odds Comparison
- The process of checking odds across different bookmakers to find the best value.
- Over/Under
- A bet on whether a specific statistic (like total goals) will be above or below a set line.
- Parlay
- A bet that links two or more selections; all must win for a payout, similar to an accumulator.
- Price
- The odds offered for a bet, expressed as a fraction or decimal.
- Push
- A tie result where all bets are refunded, usually when the final score matches the spread.
- Risk-Free Bet
- A promotion that refunds your stake if your bet loses, usually as a bonus bet.
- Round Robin
- A series of parlay bets that cover all possible combinations of a selected set of teams.
- RTP
- The theoretical percentage of total bets that a game returns to players over time, commonly used for casino slots.
- Value Bet
- A bet where the odds appear higher than the true probability of the outcome, offering positive expected value.
- Void
- A bet that is cancelled and the stake returned, often due to a match being postponed or a rule breach.
- Wagering Requirement
- A condition that requires you to bet a certain multiple of a bonus before winnings can be withdrawn.