Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Accumulator
- Accumulator: a single bet that links two or more selections and pays out only if all of them win.
- Asian Handicap
- Asian Handicap: a spread betting style that gives a half‑ or quarter‑goal advantage to the underdog to level the matchup.
- Bankroll Management
- Bankroll Management: the practice of deciding how much money to risk on each bet so you don’t run out of funds.
- Bet Builder
- Bet Builder: an online tool that lets you combine different markets from a single match into one custom wager.
- Betting Exchange
- Betting Exchange: a platform where punters bet against each other rather than against a bookmaker, paying a small commission on winnings.
- Cash Out
- Cash Out: a feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Draw No Bet
- Draw No Bet: a bet that refunds your stake if the match ends in a draw, paying out only if your chosen team wins.
- Edge
- Edge: the perceived advantage you believe you have over the bookmaker’s odds, often based on data or insight.
- Evens
- Evens: odds where a winning bet returns double the stake, including the original stake.
- Fixed Odds
- Fixed Odds: a price set by the bookmaker at the time of the bet that will not change, regardless of later movements.
- Free Bet
- Free Bet: a no‑cost wager credited by a sportsbook that can be used to place bets, usually with any winnings (minus the stake) returned.
- Goal Line
- Goal Line: a line set by the bookmaker for total goals in a match, similar to over/under, often with the option to bet above or below.
- Half‑Time/Full‑Time
- 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
- In‑Play Betting: placing bets on a match while it is already in progress, with odds that update as the game unfolds.
- Kelly Criterion
- Kelly Criterion: a mathematical formula that suggests the optimal fraction of your bankroll to wager based on your perceived edge.
- Lay Bet
- Lay Bet: a bet that a particular outcome will NOT happen, typically placed on a betting exchange.
- Margin
- Margin: the built‑in profit margin a bookmaker includes in the odds, expressed as a percentage of the true probability.
- Matched Betting
- Matched Betting: a technique that uses free bets and promotions to guarantee a profit by covering all possible outcomes.
- Odds Comparison
- Odds Comparison: the process of checking the odds offered by different bookmakers to find the best price for a bet.
- Over/Under
- 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.
- Point Spread
- Point Spread: a handicap applied to a team’s final score to create a more balanced betting market.
- Price Boost
- Price Boost: a special offer that increases the odds on a specific selection, giving you a higher potential payout.
- Proposition Bet
- Proposition Bet: a wager on a specific event within a match, such as which player will score first, rather than the overall result.
- Value Bet
- Value Bet: a bet where the odds offered are higher than the true probability suggests, indicating a positive expected return over time.
- Wagering Requirement
- Wagering Requirement: a condition that states how many times you must bet a bonus amount before you can withdraw any winnings.