Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- Accumulator
- A bet that links two or more selections; all must win for the bet to pay out.
- Arbitrage
- Exploiting differences in odds across bookmakers to guarantee a profit regardless of the outcome.
- Asian Handicap
- A spread that gives one team a half‑ or quarter‑goal advantage or disadvantage to make the odds even.
- Bankroll Management
- The practice of deciding how much of your total funds to risk on each bet to stay sustainable.
- Bet Builder
- A feature that lets you combine different markets from the same match into one wager.
- Bookmaker Margin
- The built‑in profit margin in the odds, shown as a percentage that the bookmaker keeps.
- Cash Out
- The option to settle a bet before the match ends, letting you lock in a profit or cut a loss.
- Correct Score
- A wager on the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, win) in a single match.
- Draw No Bet
- A bet where you pick a team to win; if the match ends in a draw your stake is refunded.
- Evens
- Odds that double your stake if the bet wins, expressed as 2.00 in decimal format.
- First Goal Scorer
- A bet on which player will score the first goal in the match.
- Handicap Betting
- A market that gives one team a theoretical goal advantage or disadvantage to balance the odds.
- In‑Play Betting
- Placing or adjusting a bet after the match has started, with odds that update in real time.
- Lay Bet
- A bet that a particular outcome will not happen, typically placed on a betting exchange.
- Live Odds
- The constantly changing odds offered during an in‑play event.
- Odds Comparison
- Checking odds from different bookmakers to find the best price for a particular bet.
- Over/Under
- A bet on whether the total number of goals in a match will be above or below a set figure.
- Parlay
- A single bet that combines two or more selections; all must win for a payout.
- Stake
- The amount of money you place on a bet.
- Underdog
- The team expected to lose, usually offering higher odds.
- Value Bet
- A bet where the odds are higher than the true probability suggests, giving an expected positive return.
- Void Bet
- A bet that is cancelled and the stake is returned, usually because the event did not happen as scheduled.
- Yield
- The net profit from betting expressed as a percentage of the total amount wagered.