Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Accumulator
- Similar to a parlay, a bet that combines multiple selections and winnings roll over each win.
- Arbitrage
- A strategy that exploits differing odds across sportsbooks to guarantee a profit regardless of the result.
- Asian Handicap
- A handicap betting system that eliminates the draw outcome and uses whole or half goal lines.
- Bankroll
- The total amount of money you have set aside for betting.
- Bet Builder
- A tool that lets you combine multiple markets from the same match into a single custom bet.
- Bet Limit
- The maximum or minimum amount a sportsbook allows you to stake on a particular bet.
- Bet Slip
- The digital record that lists your selected bets, stake, and potential payout before confirmation.
- Bonus
- Extra funds or free bets offered by a sportsbook, often subject to conditions.
- Cash Out
- A feature allowing you to settle a bet before the event ends, locking in a profit or cutting a loss.
- Double Chance
- A bet that covers two of the three possible match outcomes (win/draw/win) in one wager.
- Free Bet
- A bet funded by the sportsbook that lets you risk no own money; winnings usually exclude the free bet stake.
- Line Movement
- The change in betting odds or spreads over time as more bets are placed.
- Live Betting
- Placing bets on a match while it is in progress, with odds that update during the game.
- Market
- A category of bets available for a specific event, such as match result, goals, or player props.
- Moneyline
- A bet on which team will win the match, with odds expressed as a positive or negative number.
- Odds
- The number that shows how much you can win relative to your stake, reflecting the likelihood of an outcome.
- Over/Under
- A bet on whether the total number of goals in a match will be more or less than a set figure.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out.
- Payout
- The total amount you receive when a bet wins, including your original stake and profit.
- Point Spread
- A handicap given to the favorite team to level the betting field, expressed as a number of goals.
- Push
- A tie outcome in a bet where the stake is returned and no winner is declared.
- Stake
- The amount of money you place on a bet.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, giving an edge.
- Vig
- The commission charged by a sportsbook built into the odds, also called juice.
- Wagering Requirement
- The number of times you must bet a bonus before you can withdraw any winnings.