Knowledge Base
Glossary
Plain-English definitions for the terminology used across Fan Strategy.
- Accumulator
- A bet that combines multiple selections into one wager, with all selections needing to win for the payout.
- Asian Handicap
- A handicap bet that eliminates the draw outcome and offers spread lines in increments, giving a balanced chance to both teams.
- Bankroll
- The total amount of money set aside for betting, used to manage risk and track wins and losses.
- Bet Builder
- A tool that lets you create a custom bet by combining different outcomes of the same match.
- Bet Slip
- The digital record that lists the selections, odds, and stake for a wager you intend to place.
- Cash Out
- A feature allowing you to settle a bet before all events have concluded, locking in a profit or loss.
- Double Chance
- A bet that covers two of the three possible outcomes (home win/draw, away win/draw, or win for either side).
- Draw No Bet
- A wager where you pick a team to win; if the match ends in a draw, the stake is refunded.
- Edge
- The perceived advantage a bettor believes they have over the bookmaker’s odds.
- Fixed Odds
- The odds that are set at the time of bet placement and do not change, regardless of later market movements.
- Half-Time/Full-Time
- A bet predicting both the result at half‑time and the final result of a match.
- In-Play Betting
- Placing bets on a match while it is ongoing, with odds that update as the game progresses.
- Margin
- The bookmaker’s built‑in profit margin, expressed as a percentage, which is embedded in the odds.
- Moneyline
- A straight bet on which team will win a match, without any point spread.
- Odds Boost
- A promotion that increases the odds on a specific selection, offering a higher potential payout.
- Over/Under
- A bet on whether a specific statistic (like total goals) will be over or under a set number.
- Parlay
- A multi‑selection bet where all picks must win for a payout, combining odds for larger potential returns.
- Price
- The odds offered for a selection, reflecting the implied probability and potential payout.
- Push
- A tie outcome in a bet where the stake is returned, usually when the result matches the line exactly.
- Round Robin
- A series of smaller parlays created from a selected list of teams, spreading risk across multiple wagers.
- Spread
- The points handicap given to a team to level the betting field, used in point spread betting.
- Stake
- The amount of money you wager on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, suggesting potential long‑term profit.
- Vig
- The commission or fee a bookmaker charges for taking a bet, built into the odds.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings from it.