Knowledge Base
Glossary
Plain-English definitions for the terminology used across Coach's Corner.
- American Odds
- Odds expressed with a plus or minus sign, indicating underdogs and favorites.
- Asian Handicap
- A betting line that splits the handicap into two options, eliminating the draw and offering two possible handicaps.
- Bankroll
- The total amount of money set aside for betting.
- Both Teams To Score
- A bet on whether each team will score at least one goal during the match.
- Cash Out
- A feature allowing the bettor to settle a bet before the event concludes, locking in a profit or loss.
- Closing Line
- The final odds offered just before a match starts, used to measure betting performance.
- Correct Score
- A bet predicting the exact final score of a match.
- Decimal Odds
- Odds expressed as a single number that includes the amount bet, used to calculate total returns.
- Draw No Bet
- A bet on either team to win or the match to end in a draw, covering two outcomes.
- First Goal Scorer
- A bet on which player will score the first goal in a match.
- Fractional Odds
- Odds displayed as a fraction, showing the profit relative to the amount bet.
- Juice
- The commission charged by the sportsbook on a bet, also called vigorish or vig.
- KYC
- Know Your Customer, a process of verifying a bettor's identity to prevent fraud.
- Live Betting
- Placing bets on a match while it is in progress, with odds that update in real time.
- Moneyline
- A bet on which team will win the match outright, with odds expressed as a positive or negative number.
- Odds
- The probability of an outcome expressed as a number, determining the potential payout.
- Over/Under
- A bet on whether the total number of goals scored in a match will be over or under a set figure.
- Parlay
- A bet that combines two or more outcomes into one wager, with odds multiplied together.
- Point Spread
- A disadvantage given to the favorite team to level the betting field, expressed as a number of goals.
- Responsible Gambling
- Practices and tools to help bettors control their gambling habits and avoid addiction.
- Round Robin
- A series of parlay bets that cover all possible combinations of a selected group of teams.
- Unit
- A standard measurement of bet size, typically a fixed percentage of the bankroll.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome.
- Wagering Requirement
- A condition that bonus funds must be bet a certain number of times before withdrawal.