Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- 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 the bet to pay out.
- Arbitrage
- Placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- A handicap given to teams to level the playing field, eliminating the draw option.
- Back
- To bet on an outcome to happen.
- Bankroll
- The total amount of money set aside for betting.
- Bonus
- Extra funds or free bets offered by a sportsbook to encourage sign-ups or deposits.
- Bookmaker
- A company that sets odds and accepts bets.
- Both Teams To Score
- A bet on whether both teams will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the match ends, locking in a profit or loss.
- Draw No Bet
- A bet where you pick a team to win; if the match ends in a draw, your stake is refunded.
- Free Bet
- A bet credited by a sportsbook that can be used without risking your own money.
- Half-time/full-time
- A bet that requires you to predict both the result at halftime and the final result of the match.
- In-Play
- Betting on a match while it is already in progress, with odds that update live.
- Lay
- To bet against an outcome happening, typically used on a betting exchange.
- Maximum Payout
- The highest amount a sportsbook will pay out on a winning bet, regardless of the odds.
- Odds
- The probability of an outcome happening, expressed as a number that determines your potential payout.
- Over/Under
- A bet on whether the total number of goals in a match will be over or under a set number.
- Push
- A tie result in a bet where the stake is returned, often when the point spread is exact.
- Settlement
- The process of finalizing bet results and paying out winnings after an event concludes.
- Stake
- The amount of money you place on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an edge.
- Vigorish
- The commission or fee a bookmaker charges for taking a bet, often built into the odds.
- Void
- A bet that is cancelled and all stakes are refunded, usually due to a match not being completed.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings.