Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Accumulator
- A bet that combines multiple selections, and all of them must win for the bet to pay out.
- Asian Handicap
- A spread that gives one team a virtual advantage or disadvantage to balance the odds.
- Bankroll
- The total money you have set aside for betting.
- Bet Builder
- A feature that lets you combine different betting markets from a single match into one wager.
- Cash Out
- An option that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Draw No Bet
- A bet where you pick a team to win; if the match ends in a draw, your stake is refunded.
- Edge
- The advantage you believe you have over the bookmaker’s odds in a given bet.
- Enhanced Odds
- Boosted odds offered for a specific selection, usually for a limited period.
- Free Bet
- A promotional token you can use to place a bet without risking your own money.
- Handicap
- A points or goals margin added to a team’s final score to create more balanced betting odds.
- In-Play Betting
- Placing bets after the match has started, with odds that change as the game progresses.
- Juice
- The commission that a bookmaker includes in the odds, often around 5%, which is their profit margin.
- Lay Bet
- Betting against an outcome, acting as the bookmaker and accepting wagers from other bettors.
- Market
- A specific betting option such as match result, total goals, or player performance.
- Matched Betting
- Using free bets and lay bets together to guarantee a profit regardless of the result.
- Odds Format
- The way odds are presented, such as decimal, fractional, or moneyline.
- Over/Under
- A bet on whether the total number of goals or points will be higher or lower than a set figure.
- Parlay
- Another term for an accumulator, linking two or more selections in a single bet.
- Price Boost
- An increase in the odds for a particular selection, often offered as a promotion.
- Risk-Free Bet
- A bet that refunds your stake if it loses, up to a specified amount.
- Singles
- Individual bets placed on a single outcome, as opposed to combined bets.
- Spread Betting
- A wager where your profit or loss depends on how accurate your prediction is, beyond fixed odds.
- Stake
- The amount of money you put on a bet.
- Tip
- A prediction or recommendation provided by an expert or betting service.
- Value Bet
- A selection where the odds seem higher than the true probability, offering a potential advantage.