Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Accumulator
- An Accumulator links several selections into one bet; all must win for a payout, multiplying the odds.
- Asian Handicap
- Asian Handicap gives a team a positive or negative goal adjustment to level the playing field, eliminating the draw option.
- Back Bet
- A Back Bet is a standard wager that an outcome will occur, placed with a bookmaker or on an exchange.
- Bankroll
- Bankroll is the total amount of money you set aside for betting, helping you manage stakes and avoid overspending.
- Bet Builder
- Bet Builder is a feature that lets you combine multiple markets from the same match into a single custom bet.
- Both Teams To Score
- Both Teams To Score (BTTS) is a market where you bet on whether each side will score at least one goal.
- Cash Out
- Cash Out lets you settle a bet before the event ends, locking in a profit or limiting a loss based on current odds.
- Double Result
- Double Result betting lets you predict the score at both half‑time and full‑time, offering higher odds.
- First Goal Scorer
- First Goal Scorer is a bet on which player will net the opening goal of the match.
- House Edge
- House Edge is the bookmaker’s built‑in advantage, expressed as a percentage, showing how much profit they expect from each bet.
- In-Play Betting
- In-Play Betting lets you place bets after a match has started, with odds updating as the game progresses.
- Kelly Criterion
- Kelly Criterion is a formula that calculates the optimal stake size to maximize growth while minimizing the risk of ruin.
- Lay Bet
- A Lay Bet is a wager that an outcome will not happen, typically placed on a betting exchange, where you act as the bookmaker.
- Live Betting
- Live Betting is the same as in‑play betting, allowing bets during an ongoing match with dynamic odds.
- Matched Betting
- Matched Betting uses free bets and lay bets to guarantee a profit by covering all possible outcomes of an event.
- Moneyline
- Moneyline betting focuses solely on which team will win the match, with odds reflecting their relative chances.
- Odds
- Odds represent the likelihood of an outcome and determine how much a winning bet pays, shown as numbers like 2.50 or +150.
- Over/Under
- Over/Under bets predict whether the total goals in a match will be above or below a specified number.
- Parlay
- A parlay combines multiple selections into a single bet; all must win for a payout, offering higher odds but greater risk.
- Push
- A Push occurs when a bet ends in a tie, causing the wager to be refunded without a win or loss.
- RTP
- RTP stands for return to player, indicating the percentage of total bets a game returns to players over time.
- Single Bet
- A Single Bet is a straightforward wager on one outcome; you win if that selection wins.
- Spread Betting
- Spread Betting involves wagering on the margin of victory, where your profit or loss depends on how accurate your prediction is.
- Void Bet
- A Void Bet cancels the wager and refunds the stake, usually because the event was postponed or the market was not offered.
- Wagering Requirement
- A Wagering Requirement is the amount you must bet before bonus money can be withdrawn, often expressed as a multiple of the bonus.