Knowledge Base
Glossary
Plain-English definitions for the terminology used across Coach's Corner.
- Accumulator
- Similar to a parlay, a multi‑selection bet where each winning selection rolls the stake into the next.
- Arbitrage
- Exploiting differences in odds across sportsbooks to guarantee a profit regardless of the result.
- Asian Handicap
- A handicap that eliminates the draw by using half‑goal or quarter‑goal lines, creating two possible outcomes.
- Bankroll
- The total amount of money set aside for betting, separate from everyday finances.
- Bet Builder
- A feature that lets you combine multiple markets from the same match into one custom wager.
- Bonus
- An extra amount of funds or free bets offered by a sportsbook, often subject to conditions.
- Cash Out
- An option to settle a bet early for a reduced payout, locking in profit or limiting loss before the event ends.
- Cashback
- A refund of a portion of losses, often offered as a bonus or promotional incentive.
- Double Chance
- A bet that covers two of the three possible match outcomes, such as home win or draw.
- Draw No Bet
- A bet that returns your stake if the match ends in a draw, otherwise you win if your chosen team wins.
- Free Bet
- A bet funded by the sportsbook that lets you wager without risking your own money; winnings are usually paid without the stake.
- Handicap
- An adjustment to a team's score to give one side an artificial advantage or disadvantage for betting purposes.
- In-Play
- Another term for live betting, referring to odds and markets available during the match.
- Juice
- The commission a sportsbook takes on a bet, reflected in the odds; also called vig.
- Live Betting
- Placing bets on a match while it is in progress, with odds that update as the game unfolds.
- Moneyline
- A bet on which team will win the match outright, with odds expressed as a positive or negative number.
- Odds
- The numerical expression of the likelihood of an outcome, determining how much you can win relative to your stake.
- Over/Under
- A bet on whether the total number of goals or scores in a match will be higher or lower 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 the original stake plus profit.
- Single Bet
- A wager on a single outcome; you win if that outcome occurs.
- Spread
- A handicap applied to a team's final score to level the betting field, expressed as a line like -1.5 goals.
- Stake
- The amount of money you risk on a bet.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, giving an expected profit.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings.