Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Acca
- Short for accumulator, a parlay that combines multiple selections into one bet with increased odds.
- Arbitrage
- Exploiting differing odds across bookmakers to guarantee a risk-free profit.
- Back
- To bet on a particular outcome to happen.
- Bankroll Management
- The practice of deciding how much money to risk on each bet to avoid losing your funds quickly.
- Bet Builder
- An online tool that allows you to create a custom bet by combining different markets from the same match.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Dutching
- Spreading your stake across multiple outcomes to guarantee a profit regardless of which one wins.
- Futures
- A bet placed on an outcome that will be decided far in the future, like the World Cup winner.
- Handicap
- An advantage or disadvantage given to a team to balance the betting chances.
- Juice
- The commission taken by a bookmaker on a bet, usually built into the odds.
- Kelly Criterion
- A mathematical formula used to determine the optimal size of a bet based on perceived edge.
- Lay
- To bet against an outcome, acting as the bookmaker by accepting bets from others.
- Line Movement
- Changes in the betting line or odds after the initial release, often due to betting action or news.
- Moneyline
- A bet that picks the outright winner of a match, with odds shown for each side.
- Odds
- The numerical representation of the likelihood of an outcome, also indicating the potential payout.
- Over/Under
- A bet on whether the total goals scored in a match will be higher or lower than a set line.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out.
- Prop Bet
- A wager on a specific event within a match, such as which player scores first.
- Responsible Gambling
- Policies and tools that help players stay in control of their betting habits and avoid addiction.
- Spread
- A handicap applied to the favorite to level the betting field, expressed as a number of goals.
- Square
- A casual bettor who is not a professional, often betting on popular teams or outcomes.
- Stake
- The amount of money you place on a bet.
- Unit
- A standard measurement of bet size, often a percentage of your total bankroll.