Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Accumulator
- Accumulator is a type of parlay where you add several selections and the winnings from each roll onto the next.
- Asian Handicap
- Asian Handicap gives a half-goal or whole-goal advantage to the underdog to eliminate the draw option.
- Bankroll Management
- Bankroll Management is the practice of deciding how much money to allocate to betting and how to size your bets.
- Bonus Wagering Requirement
- Bonus Wagering Requirement is the number of times you must bet a bonus amount before you can withdraw any winnings derived from it.
- Bookmaker Margin
- Bookmaker Margin is the built-in profit margin in the odds, representing the difference between the true probability and the odds offered.
- 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 gives you the option to settle a bet before the event ends, locking in a profit or limiting a loss.
- Closing Line Value
- Closing Line Value compares the odds you took when you placed a bet to the final odds at the start of the event, indicating potential value.
- Double Chance
- Double Chance lets you cover two of the three possible outcomes (win, draw, loss) in a single wager.
- Draw No Bet
- Draw No Bet removes the draw option, so you win if your chosen team wins or you get your stake back if it ends in a draw.
- Edge
- Edge is the statistical advantage a bettor has over the bookmaker’s odds.
- In-Play Betting
- In-Play Betting allows you to place wagers on a match while it is ongoing, with odds that update in real time.
- Line Movement
- Line Movement is the change in odds or point spreads over time as more bets are placed or new information emerges.
- Live Odds
- Live Odds are the changing odds offered during a live event, reflecting the current state of the game.
- Moneyline
- Moneyline is a bet on which team will win a match, with odds expressed as a positive or negative number.
- Odds
- Odds represent the probability of an outcome and determine how much you can win relative to your stake.
- Over/Under
- Over/Under is a bet on whether the total number of goals in a match will be more or less than a set figure.
- Parlay
- Parlay combines multiple selections into one bet, and all must win for a payout.
- Scorecast
- Scorecast is a bet that combines predicting the exact final score of a match with the first goal scorer, offering higher odds for both correct picks.
- Spread Betting
- Spread Betting assigns a points handicap to a team, and you win if the final result covers that spread.
- Stake
- Stake is the amount of money you risk on a bet.
- System Bet
- System Bet is a combination of multiple parlays that allows you to win even if some selections lose.
- Unit
- Unit is a standard measurement of bet size, often a fixed percentage of your bankroll.
- Value Bet
- Value Bet is a wager where the odds offered are higher than the true probability of the outcome, giving you an edge.
- Vig
- Vig, also called juice, is the commission a bookmaker takes included in the odds, reducing your potential payout.