Knowledge Base
Glossary
Plain-English definitions for the terminology used across Coach's Corner.
- Accumulator
- A type of bet that links multiple selections together, increasing the potential payout with each winning leg.
- Arbitrage
- Placing bets on all possible outcomes across different bookmakers to guarantee a profit regardless of the result.
- Bankroll
- The total amount of money you have set aside for placing bets.
- Bet Builder
- A feature that lets you combine different markets from a single match into one custom wager.
- Bookmaker
- The company or individual that sets the odds and accepts bets.
- Cash Out
- An option to settle your bet before the event ends, locking in a profit or limiting a loss.
- Closing Line
- The final odds offered just before an event begins; used to judge how well you predicted the outcome.
- Deposit Bonus
- Extra funds added to your account when you deposit, usually subject to certain wagering conditions.
- Dutching
- Betting on multiple outcomes in the same event to spread risk and ensure a profit no matter which outcome wins.
- Edge
- The statistical advantage you have over the sportsbook's odds in a given bet.
- Free Bet
- A token provided by the sportsbook that you can use to place a bet without risking your own money.
- In-Play
- Bets placed after the match has started while the game is still ongoing.
- Juice
- The commission built into the odds that the sportsbook charges for taking a bet.
- Line Movement
- The change in odds or point spread over time as more bets are placed.
- Live Betting
- A way to wager on changing game events in real time as the match progresses.
- Matched Betting
- Using free bets and promotions to eliminate risk and secure a guaranteed profit.
- Moneyline
- A simple wager on which team will win the match, with no point spread involved.
- Odds
- A number that shows how likely a specific outcome is and determines how much a winning bet will pay.
- Over/Under
- A bet on whether the total number of goals, points, or other stats in a match will be higher or lower than a set figure.
- Parlay
- A single bet that combines two or more selections; you win only if every selection wins.
- Spread
- A handicap given to a team to level the odds, making both outcomes equally attractive to bettors.
- Stake
- The amount of money you risk on a single bet, separate from potential winnings.
- Unit
- A standard size used to measure the size of a bet, often a fixed percentage of your bankroll.
- Value Bet
- A wager where the odds offered are higher than the true chance of the outcome, giving you an advantage.
- Wagering Requirement
- The amount you must bet before you can withdraw any winnings earned from a bonus.