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Knowledge Base

Glossary

Plain-English definitions for the terminology used across Coach's Corner.

001
Accumulator
An accumulator is a type of parlay where the winnings from each winning selection are reinvested into the next, multiplying potential payouts.
002
Arbitrage
Arbitrage involves placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit.
003
Asian Handicap
Asian handicap gives a virtual advantage or disadvantage to a team to level the playing field, eliminating the draw option.
004
Bankroll
Your bankroll is the total amount of money you have set aside for betting.
005
Bet Builder
Bet Builder is an online tool that lets you combine multiple markets from a single match into one customized bet.
006
Bet Slip
A bet slip is the record of the selections you have made and the amount you are wagering on them.
007
Bookmaker
A bookmaker is a company that sets odds and accepts bets on sporting events.
008
Both Teams to Score
Both Teams to Score is a bet on whether each side will score at least one goal during the match.
009
Cash Out
Cash out is a feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
010
Enhanced Odds
Enhanced odds are promotional odds that are higher than the normal market price, offering bigger potential payouts.
011
Fixed-Odds
Fixed-odds means the odds are locked at the time you place the bet, regardless of later changes.
012
Free Bet
A free bet is a credit you can use to place a wager without risking your own money, with any winnings usually returned minus the free bet stake.
013
In-play betting
In-play betting allows you to place bets on a match after it has started, with odds that update as the game progresses.
014
Juice
Juice is the commission a bookmaker adds to the odds, effectively the price you pay for placing a bet.
015
KYC
KYC stands for Know Your Customer, a process where the bookmaker verifies your identity to prevent fraud and ensure legal compliance.
016
Odds
Odds represent the likelihood of a specific outcome and determine how much a winning bet pays out.
017
Over/Under
Over/Under is a bet on whether a specific match statistic, such as total goals, will be higher or lower than a set line.
018
Parlay
A parlay is a single bet that links two or more selections; all must win for the bet to pay out.
019
Push
A push happens when a bet ends in a tie, resulting in the stake being refunded without any winnings.
020
Responsible Gambling
Responsible Gambling refers to practices and tools that help you stay in control of your betting activity and avoid harm.
021
Stake
The stake is the amount of money you risk on a bet.
022
Stake Limit
A stake limit is the maximum amount a bookmaker allows you to wager on a particular market.
023
Value Bet
A value bet is when the odds offered by a bookmaker are higher than the true probability of the outcome, giving you an edge.
024
Void Bet
A void bet occurs when a wager is canceled and all money is returned, usually due to a match being postponed or a rule violation.
025
Wagering Requirement
A wagering requirement is a condition that you must bet a certain multiple of a bonus or free bet before you can withdraw any winnings.