Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Arbitrage
- Arbitrage (or ‘arbing’) is exploiting differences in odds across bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- Asian Handicap splits the handicap into two halves, eliminating the draw outcome and offering more flexible betting options.
- Bankroll
- Your Bankroll is the total amount of money you set aside for betting activities.
- Bonus Wagering Requirement
- A Bonus Wagering Requirement specifies how many times you must bet a bonus amount before you can withdraw any winnings.
- Bookmaker Margin
- Bookmaker Margin is the percentage of all possible outcomes that a bookmaker keeps as profit, expressed through the odds.
- Both Teams To Score (BTTS)
- Both Teams To Score (BTTS) is a market where you bet on whether each side will score at least one goal.
- Cashout
- Cashout lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Correct Score
- Correct Score is a bet that predicts the exact final score of a match.
- Double Chance
- Double Chance lets you cover two of the three possible outcomes in a match, increasing your chance of winning.
- Draw No Bet
- Draw No Bet removes the draw option, so you win if your chosen team wins and get your stake back if it ends in a draw.
- Edge
- Edge is the statistical advantage a bettor believes they have over the bookmaker's odds.
- Free Bet
- A Free Bet is a promotional token you can use to place a wager without risking your own money.
- Half-Time/Full-Time
- Half-Time/Full-Time is a bet that combines the result at halftime and the final result of the match.
- Handicap
- Handicap gives one team a fictional advantage or disadvantage to balance the betting odds.
- Juice (Vig)
- Juice, also known as Vig, is the commission a bookmaker charges for taking a bet, built into the odds.
- Live Betting
- Live Betting, also called In-Play, allows you to place bets on matches while they are in progress.
- Moneyline
- A Moneyline bet is a straightforward wager on which team will win the match, with odds reflecting each team's chances.
- Odds
- Odds reflect the likelihood of an outcome and indicate how much you can win for each unit wagered.
- Over/Under
- Over/Under is a bet on whether the total number of goals in a match will be higher or lower than a set figure.
- Parlay
- A Parlay combines multiple selections into a single wager, and all picks must win for the bet to pay out.
- Pre-Match
- Pre-Match refers to bets placed before a game starts, as opposed to Live Betting.
- Rollover
- Rollover is the total amount you must wager before a deposit bonus or free bet funds become withdrawable.
- Single Bet
- A Single Bet is a wager on one outcome; you win if that selection is correct.
- Stake
- The Stake is the amount of money you place on a bet.
- Value Bet
- A Value Bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome.