Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- Accumulator
- A single bet that links multiple selections; all must win for a payout.
- Asian Handicap
- A split handicap that reduces the possible outcomes to two, used to eliminate the draw.
- Bankroll Management
- The strategy of allocating a set amount of money for betting to avoid excessive losses.
- Bet Builder
- An online tool that lets you combine multiple markets from the same match into one wager.
- BTTS
- A wager that each side will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or loss.
- Double Chance
- A bet covering two of the three possible match outcomes (home win/draw, away win/draw, etc.).
- Draw No Bet
- A bet that returns the stake if the match ends in a draw.
- Edge
- The perceived advantage a bettor has over the bookmaker’s odds.
- Handicapping
- The process of analyzing teams, players, and statistics to predict outcomes and set odds.
- In-Play Betting
- Placing a bet after the match has started, with odds that update as the game progresses.
- Kelly Criterion
- A mathematical formula used to determine the optimal size of a bet relative to the perceived edge.
- Line Shopping
- Comparing odds across different sportsbooks to find the best price for the same selection.
- Moneyline
- A bet on which team will win the match, with odds expressed as a positive or negative number.
- Odds
- The price that reflects the implied probability of an outcome.
- Odds Movement
- The change in a betting line over time, often caused by new information or betting volume.
- Outright Bet
- A bet on the winner of a tournament or league, settled at the end of the season.
- Over/Under
- A bet on whether the total number of goals in a match will be higher or lower than a set line.
- Point Spread
- A handicap given to the favorite to level the betting field.
- Prop Bet
- A bet on a specific event within a match, such as the first goal scorer or number of cards.
- ROI
- The net profit or loss from betting expressed as a percentage of the total amount wagered.
- Single Bet
- A wager placed on a single outcome, with one selection.
- Stake
- The amount of money placed on a bet.
- Value Bet
- A wager where the odds offered are higher than the true probability suggests, giving an edge.