Knowledge Base
Glossary
Plain-English definitions for the terminology used across Fan Strategy.
- Accumulator
- A bet that combines multiple selections into one wager; all must win for a payout, increasing potential returns.
- Asian Handicap
- A handicap system that eliminates the draw option and offers two possible outcomes with adjusted odds.
- Bankroll
- The total amount of money you have set aside for betting.
- Bet Builder
- A feature that lets you combine multiple markets from the same match into one custom wager.
- Bookmaker Margin
- The built-in profit margin in the odds, representing the difference between true odds and offered odds.
- Both Teams To Score
- A bet on whether each team will score at least one goal during the match.
- Cash Out
- An option to settle your bet before the event ends, locking in a profit or limiting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes in a match, reducing risk.
- First Goal Scorer
- A bet on which player will score the first goal in the match.
- Free Bet
- A promotional token given by the bookmaker that can be used to place a bet without risking your own money.
- Group Winner
- A bet on which team will finish top of its group in the tournament.
- Half-Time/Full-Time Bet
- A bet that predicts the result at both half-time and full-time of a match.
- Handicap
- An advantage or disadvantage given to a team to level the playing field, used to adjust odds.
- In-play
- Bets placed after the match has started, with odds that change as the game progresses.
- Juice
- The commission or fee that the bookmaker adds to the odds, often seen as the house edge.
- Live Betting
- Placing bets in real time while the match is being played, with odds that update continuously.
- Moneyline
- A bet on which team will win the match outright, with odds reflecting each team's chance.
- Odds
- The numbers that show how likely an outcome is and how much you can win if your bet wins.
- Outright Bet
- A wager on the overall winner of a tournament or group, rather than a single match.
- Over/Under
- A bet on whether a specific statistic, such as total goals, will be over or under a set number.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out.
- Spread
- A points margin set by the bookmaker that the favored team must exceed for a bet on them to win.
- Stake
- The amount of money you risk on a bet.
- Top Scorer
- A bet on which player will score the most goals across the entire tournament.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an edge.