Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Accumulator
- An Accumulator is a type of parlay where each additional selection increases potential profit but also raises risk.
- Arbitrage
- Arbitrage (or ‘arbing’) exploits differing odds across sportsbooks to guarantee a profit regardless of the result.
- Asian Handicap
- Asian Handicap splits the handicap into two half‑goal increments, eliminating the draw and offering smoother risk distribution.
- Bankroll
- Bankroll is the total amount of money you have set aside for betting, used to manage stakes and risk.
- Bet Builder
- Bet Builder lets you combine different markets from the same match into one custom wager with adjusted odds.
- Bet Slip
- A Bet Slip is the digital record that lists your selected wagers, stake amount, and potential return.
- Bonus Rollover
- Bonus Rollover is the number of times you must wager a bonus amount before it can be withdrawn as cash.
- Bookmaker Margin
- Bookmaker Margin, also called ‘juice’, is the built‑in percentage that ensures the sportsbook makes a profit on every market.
- Cash Out
- Cash Out allows you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Decimal Odds
- Decimal Odds show the total return per unit staked, including the original stake, and are popular in Europe.
- Double Chance
- Double Chance covers two of the three possible match outcomes (e.g., home win or draw), reducing risk at lower odds.
- Draw No Bet
- Draw No Bet removes the draw option, so if the match ends in a draw the stake is refunded.
- Fractional Odds
- Fractional Odds display profit relative to the stake, expressed as a fraction (e.g., 5/1 means $5 profit for each $1 wagered).
- Free Bet
- A Free Bet is a token provided by the sportsbook that lets you place a bet without using your own money.
- In-Play
- In-Play is another term for Live Betting, referring to bets placed after the game has started.
- Live Betting
- Live Betting lets you place or adjust bets while a match is in progress, with odds that shift in real time.
- Moneyline
- A Moneyline bet is a straightforward wager on which team will win a match, with odds reflecting each side’s implied chance.
- Odds
- Odds represent the probability a sportsbook assigns to an outcome and determine how much a winning bet pays out.
- Odds Format
- Odds Format describes how odds are displayed – for example, decimal, fractional, or American – and affects how you read returns.
- Over/Under
- Over/Under bets predict whether the total number of goals scored in a match will be above or below a line set by the sportsbook.
- Parlay
- A Parlay combines multiple selections into a single wager, and all must win for the bettor to receive a payout.
- Payout
- A Payout is the total amount a sportsbook returns to you when a bet wins, including the original stake.
- Point Spread
- Point Spread is a handicap given to the underdog to level the playing field, requiring the favored team to win by a certain margin.
- Stake
- The Stake is the amount of money you risk on a bet; it determines the size of your potential payout.
- Value Bet
- A Value Bet occurs when the odds offered by a sportsbook are higher than the true probability of the outcome.