Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- American Odds
- Odds shown as a positive or negative number; positive indicates profit on a $100 bet, negative shows how much you must wager to win $100.
- Asian Handicap
- A handicap system that eliminates the draw outcome and splits the handicap into quarters for more nuanced betting.
- Bankroll
- The total amount of money set aside for placing bets.
- Bet Builder
- A feature allowing you to combine several markets from the same match into one custom bet.
- Bet Slip
- The digital record that lists your selected bets, stake amounts, and potential payouts before confirmation.
- Bonus
- Extra funds or free bets offered by a betting site, often subject to conditions.
- Bookmaker Margin
- The built-in advantage a bookmaker holds, expressed as a percentage, ensuring profitability over the long term.
- Cash Out
- A feature that lets you settle a bet before the match ends, locking in a profit or limiting a loss.
- Closing Line
- The final odds available just before a market closes, often used to assess betting performance.
- Decimal Odds
- Odds expressed as a single number (e.g., 2.50) representing the total return per unit staked.
- Fractional Odds
- Odds displayed as a fraction (e.g., 3/2) showing the profit relative to the stake.
- Free Bet
- A no-risk bet credited to your account that can be used to place wagers without using your own money.
- In-Play Betting
- Placing bets on match events after the game has started, with odds updating in real time.
- Juice
- The commission or fee a bookmaker charges, typically built into the odds.
- KYC
- Know Your Customer; the verification process a betting site uses to confirm your identity and prevent fraud.
- Moneyline
- A straight bet on which team will win the match, with odds expressed as a positive or negative number.
- Odds Boost
- A promotion that increases the odds on a specific selection, raising potential returns.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher or lower than a set number.
- Parlay
- A single bet that links multiple selections; all must win for the bet to pay out, increasing potential payout.
- Point Spread
- A handicap given to each team to level the playing field, requiring the favorite to win by a certain margin or the underdog to lose by less.
- Rollover Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings.
- Self-Exclusion
- A voluntary option that lets you block yourself from accessing your betting account for a set period.
- Single Bet
- A wager placed on one outcome only, with wins determined solely by that result.
- Stake
- The amount of money you risk on a particular bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an edge.