Knowledge Base
Glossary
Plain-English definitions for the terminology used across Coach's Corner.
- Accumulator
- An accumulator is a type of parlay where the winnings from each winning selection are reinvested into the next, multiplying potential payouts.
- Arbitrage
- Arbitrage involves placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- Asian handicap gives a virtual advantage or disadvantage to a team to level the playing field, eliminating the draw option.
- Bankroll
- Your bankroll is the total amount of money you have set aside for betting.
- Bet Builder
- Bet Builder is an online tool that lets you combine multiple markets from a single match into one customized bet.
- Bet Slip
- A bet slip is the record of the selections you have made and the amount you are wagering on them.
- Bookmaker
- A bookmaker is a company that sets odds and accepts bets on sporting events.
- Both Teams to Score
- Both Teams to Score is a bet on whether each side will score at least one goal during the match.
- 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.
- Enhanced Odds
- Enhanced odds are promotional odds that are higher than the normal market price, offering bigger potential payouts.
- Fixed-Odds
- Fixed-odds means the odds are locked at the time you place the bet, regardless of later changes.
- 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.
- 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.
- Juice
- Juice is the commission a bookmaker adds to the odds, effectively the price you pay for placing a bet.
- KYC
- KYC stands for Know Your Customer, a process where the bookmaker verifies your identity to prevent fraud and ensure legal compliance.
- Odds
- Odds represent the likelihood of a specific outcome and determine how much a winning bet pays out.
- 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.
- Parlay
- A parlay is a single bet that links two or more selections; all must win for the bet to pay out.
- Push
- A push happens when a bet ends in a tie, resulting in the stake being refunded without any winnings.
- Responsible Gambling
- Responsible Gambling refers to practices and tools that help you stay in control of your betting activity and avoid harm.
- Stake
- The stake is the amount of money you risk on a bet.
- Stake Limit
- A stake limit is the maximum amount a bookmaker allows you to wager on a particular market.
- 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.
- 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.
- 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.