Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- Asian Handicap
- A handicap that gives one team a virtual advantage or disadvantage, removing the possibility of a draw.
- Bankroll
- Your bankroll is the pool of money you use to place bets.
- Both Teams to Score
- A bet that wins if both teams find the net at least once before the final whistle.
- Cash Out
- A cash-out lets you close your bet early, collecting a predetermined amount instead of waiting for the result.
- Cashback
- Cashback gives you back a portion of the money you lost, usually as a free bet or bonus.
- Chasing Losses
- Chasing losses means trying to win back money you have already lost by placing larger bets.
- Correct Score
- A bet that predicts the exact final score of a match.
- Decimal Odds
- Decimal odds show the total payout per unit staked, including your original stake.
- First Goal Scorer
- A bet that wins if the selected player scores the first goal of the game.
- Gambler's Fallacy
- The gambler's fallacy is the mistaken belief that past results affect future outcomes in random events.
- In-Play Betting
- Betting on a game after it has started, with odds that change as the action unfolds.
- Kelly Criterion
- The Kelly Criterion is a math formula that tells you how much of your bankroll to bet for the best growth.
- Moneyline
- A bet on which team will win a match, with odds expressed as a positive or negative number.
- Odds
- Odds indicate how likely an event is and how much money you receive if your bet wins.
- Odds Boost
- An odds boost raises the payout on a selected wager, giving you more value for the same stake.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher or lower than a set line.
- Overround
- Overround is the extra percentage built into odds that ensures the bookmaker makes a profit.
- Parlay
- A parlay combines multiple selections into one wager; you win only if every selection wins.
- Point Spread
- A point spread assigns a handicap to the favored team so the bet is won if the team covers the spread.
- Responsible Gambling
- Responsible gambling refers to measures that help you stay in control of your betting activities.
- Self-Exclusion
- Self-exclusion lets you temporarily ban yourself from gambling on a platform to curb problematic behavior.
- Stake
- The stake is the sum of money you wager on a bet.
- Value Bet
- A value bet occurs when the odds are better than the actual chance of the outcome, offering a positive expected return.
- Vigorish
- Vigorish is the fee or cut a sportsbook charges for taking your bet.
- Wagering Requirement
- A wagering requirement is the turnover condition attached to a bonus, stating how many times you must wager it.