Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Accumulator
- A single bet that links two or more selections; all must win for the bet to pay out.
- Asian Handicap
- A spread betting market that removes the draw option and gives a goal advantage or disadvantage to each team.
- Bankroll
- The total amount of money you have set aside for placing bets.
- Bet Builder
- A tool that lets you combine several betting markets from the same match into one wager.
- Cash Out
- A feature that allows you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Double Chance
- A bet that covers two of the three possible match outcomes (e.g., win or draw) in one wager.
- Draw No Bet
- A bet where you pick a team to win; if the match ends in a draw, your stake is refunded.
- Edge
- The perceived advantage you believe you have over the bookmaker's odds on a particular outcome.
- Euro Odds
- Decimal odds that show the total return per unit staked, including the original stake.
- Fixed Odds
- Odds that are set at the time you place a bet and do not change regardless of later market moves.
- Fold
- The number of selections in an accumulator; for example, a 4‑fold has four choices.
- Goal Line
- A betting market where you predict whether the total number of goals in a match will be over or under a set figure.
- Handicap Betting
- A bet that gives one team a virtual head start or deficit to level the perceived difference in ability.
- In-Play Betting
- Placing bets on a match after it has already started, with odds that update in real time.
- Juice
- The commission or cut that a bookmaker includes in the odds, often referred to as the vig.
- Lay Bet
- A wager that a specific outcome will not occur, typically offered on betting exchanges.
- Line
- The set of odds or point spread offered for a particular betting market.
- Margin
- The built‑in profit percentage a bookmaker embeds in the odds, ensuring they profit over the long term.
- Market
- A specific betting option such as match result, total goals, or player performance.
- Odds Compiler
- The analyst or algorithm responsible for setting and adjusting the odds for events.
- Over/Under
- A bet on whether a stat, like total goals, will be higher or lower than a number set by the bookmaker.
- Parlay
- Another term for an accumulator; a single bet that combines multiple selections, all of which must win.
- Payout
- The total amount of money returned to you after a winning bet, including your stake.
- Push
- A tie result in a market where the bet is refunded because the outcome matches the line exactly.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving you an expected edge.