Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Accumulator
- A bet that combines two or more selections into a single wager, where all picks must win for the bet to pay out.
- Asian Handicap
- A handicap applied to a team’s final score that splits the bet into two separate bets, reducing the chance of a draw.
- Bankroll
- The total amount of money a bettor sets aside for placing bets.
- Bankroll Management
- The practice of deciding how much of your bankroll to risk on each bet to stay within your limits.
- Bet Builder
- A tool that lets you combine multiple markets from the same match into a single custom bet.
- Bet Slip
- The electronic record that shows the selections you have made and the potential payout before you confirm a bet.
- Cash Out
- A feature allowing you to settle a bet before the event ends, either to lock in a profit or cut a loss.
- Double Chance
- A bet that covers two of the three possible outcomes of a match, increasing your chance of winning.
- Draw No Bet
- A bet that returns your stake if the match ends in a draw, otherwise you win if your chosen team wins.
- Fixed Odds
- Odds that are set at the time you place a bet and do not change, regardless of later market movements.
- Fractional Odds
- A way of expressing odds as a fraction, such as 5/1, meaning you win five units for every one unit staked.
- In-Play Betting
- Betting on a match while it is ongoing, with odds that update as the game progresses.
- Kelly Criterion
- A mathematical formula that helps determine the optimal size of a bet based on your perceived edge.
- Lay Bet
- A bet that a particular outcome will not happen, often placed against another bettor on a betting exchange.
- Live Odds
- The constantly updated odds offered during an in‑play event, reflecting the current state of the game.
- Margin
- The bookmaker’s built‑in profit margin, expressed as a percentage, which is included in the odds they offer.
- Moneyline
- A straightforward bet on which team will win a match, with odds shown as a positive or negative number.
- Odds Boost
- A promotion that increases the odds on a specific selection, offering a higher potential payout.
- Over/Under
- A bet on whether the total number of goals, points, or other stats will be higher or lower than a set line.
- Parlay
- A single bet that links together two or more selections, with winnings from each pick rolling onto the next.
- Point Spread
- A handicap given to the underdog and a corresponding advantage to the favorite to level the betting field.
- Push
- A tie result in a bet where the stake is returned because the outcome exactly matched the line.
- Stake
- The amount of money you place on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, suggesting a positive expected return.
- Void
- A bet that is canceled and the stake is refunded, usually because a match was postponed or the market was not settled.