Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Accumulator
- A single bet that combines multiple selections; all must win for the bet to pay out.
- American Odds
- Odds displayed as a positive or negative number; positive shows profit on a $100 bet, negative shows how much you must bet to win $100.
- Asian Handicap
- A points adjustment applied to a team to create equal chance betting, often shown as +0.5, -1, etc.
- Bankroll
- The total amount of money set aside for betting.
- Bet Builder
- A feature that lets you combine multiple markets from the same match into a single wager for potentially higher odds.
- Bet Slip
- The digital record that lists your chosen selections, odds, and stake before you confirm the bet.
- Cash Out
- An option to settle a bet before the event ends, locking in a profit or limiting a loss based on current odds.
- Decimal Odds
- Odds expressed as a single number (e.g., 2.50) that shows how much you receive for each unit wagered, including the stake.
- Draw No Bet
- A bet that you win if your chosen team wins, and you get your stake back if the match ends in a draw.
- Edge
- The advantage a bettor believes they have over the bookmaker’s odds, often based on data or insight.
- Fractional Odds
- Odds shown as a fraction (e.g., 3/2) that indicate the profit you make relative to your stake.
- Handicapping
- The process of analyzing teams and matchups to estimate probabilities and identify value bets.
- In-Play
- The period during a match when live betting is available; odds shift continuously based on what is happening on the field.
- Juice
- The commission or fee that a bookmaker adds to the odds, often reflected in the spread between the true probability and the offered odds.
- Kelly Criterion
- A mathematical formula that calculates the optimal size of a series of bets to maximize long‑term growth of your bankroll.
- Live Betting
- Placing bets on events while the match is already in progress, with odds that change as the game unfolds.
- Maximum Payout
- The highest amount a bookmaker will pay out on a winning bet, regardless of the odds or stake.
- Moneyline
- A straightforward bet on which team will win the match, with odds reflecting the likelihood of each outcome.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be higher or lower than a set number.
- Parlay
- A multi‑selection bet where each choice must win for the bet to win, offering higher odds but higher risk.
- Price Boost
- A promotion that increases the odds on a specific selection, giving you a higher potential payout.
- Push
- A tie result in a bet where the wager is refunded because the outcome exactly matches the line.
- Stake
- The amount of money you risk on a bet.
- Unit
- A standardized bet size, often a fixed percentage of your bankroll, used to manage risk.
- Void
- A bet that is cancelled and the stake is returned, usually because a match was postponed or a market was invalid.