Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- Accumulator
- A bet that links several selections together; every selection must win for the bet to pay out.
- Asian Handicap
- A bet that gives one team a fictional deficit and the other a lead, making a draw unlikely.
- Bankroll
- The total amount of money you set aside for placing bets.
- Bet Builder
- An online tool that lets you create a custom bet by picking different markets from a single match.
- Bet Slip
- The electronic form on a betting site that lists your chosen bets and the amount you wish to stake.
- Betting Exchange
- A marketplace where you can back (bet for) or lay (bet against) an outcome, acting as a peer‑to‑peer bookmaker.
- Betting Line
- The odds or point spread set by a bookmaker for a match, indicating the expected outcome and potential payout.
- Bonus Wagering Requirement
- The number of times you must bet a bonus before you can withdraw any winnings from it.
- Both Teams To Score (BTTS)
- A market where you bet that each team will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet early, locking in a profit or reducing a loss based on current odds.
- Closing Line
- The final odds offered just before a match starts, used to judge the quality of a bet.
- Double Chance
- A bet that covers two of the three possible match outcomes, increasing your chances of winning.
- Draw No Bet
- A bet on either team to win; if the match ends in a draw, your stake is refunded.
- Edge
- The perceived advantage a bettor believes they have over the bookmaker’s odds.
- Fixed Odds
- A bet placed at odds that are set when you place the bet and stay the same no matter what happens later.
- Half-Time/Full-Time
- A market where you predict both the result at half‑time and the final result of the match.
- In-Play Betting
- Placing bets on a match while it is still in progress, with odds that change as the game unfolds.
- Kelly Criterion
- A formula that calculates the optimal size of a bet based on your perceived edge and the size of your bankroll.
- Lay Bet
- A bet that a specific outcome will not happen, offered on a betting exchange where you act as the bookmaker.
- Live Odds
- The constantly updating odds offered during in‑play betting, reflecting the current state of the match.
- Margin
- The built‑in profit that a bookmaker includes in the odds, often shown as a percentage.
- Odds Comparison
- Checking the odds from different bookmakers to find the best price for a bet.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be higher or lower than a set figure.
- Parlay
- A bet that combines two or more selections; all must win for a payout, similar to an accumulator.
- Payout
- The total amount of money returned to you after a winning bet, including your original stake and profit.