Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Accumulator
- A parlay bet, especially in soccer, where odds multiply across each selection, increasing potential winnings.
- American Moneyline
- Odds expressed as a positive or negative number, indicating how much you must bet to win $100 or how much you win on a $100 bet.
- Arbitrage
- Placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A handicap applied to a team to level the playing field, often with whole or half numbers, reducing the draw outcome.
- Bankroll Management
- The practice of setting aside a specific amount of money for betting and deciding how much to risk on each wager.
- Bet Builder
- A tool that allows you to combine multiple markets from the same match into one custom wager.
- Bet Slip
- The online form where you select your bets, enter your stake, and confirm the wager.
- Both Teams to Score
- A bet on whether both sides will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Correct Score
- A bet predicting the exact final score of a match.
- Decimal Odds
- A way to express odds as a single number where the total return (including your stake) equals your stake multiplied by the decimal.
- First Goalscorer
- A bet predicting which player will score the first goal in a game.
- Fractional Odds
- Odds shown as a fraction, such as 5/1, meaning you win five units for each one unit staked if your bet wins.
- Hedging
- Placing a second bet on the opposite outcome to reduce risk or lock in a profit after an initial bet.
- In-Play Betting
- Placing a bet after an event has started, with odds that update as the game progresses.
- Juice
- The commission or fee a bookmaker adds to the odds, also called vig, which ensures the bookmaker makes a profit.
- KYC
- Know Your Customer; the process of verifying a bettor’s identity and age to comply with legal and security standards.
- Margin
- The bookmaker’s built-in advantage, expressed as a percentage, representing the difference between true odds and the odds offered.
- Odds
- The number that tells you how much you can win relative to your stake; higher odds mean bigger potential payout.
- Over/Under
- A bet on whether a specific statistic, usually total goals, will be over or under a set number.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out, offering higher combined odds.
- Payout
- The total amount of money you receive when a bet wins, including your original stake.
- Self-Exclusion
- A voluntary program that allows a bettor to block themselves from accessing betting services for a set period.
- Stake
- The amount of money you risk on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability suggests, giving an edge to the bettor.