Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- Accumulator
- A single bet that links two or more selections; all must win for the bet to pay out, multiplying the odds together.
- Asian Handicap
- A handicap given to a team to remove the draw outcome, offering two possible bets with adjusted odds.
- Bankroll
- The total amount of money a bettor sets aside for placing bets.
- Bet Builder
- An online tool that lets you combine multiple markets from a single match into one custom wager.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Correct Score
- A wager that predicts the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, or loss) in a match.
- Draw No Bet
- A bet that removes the draw option; you win if your chosen team wins, and get your stake back if it’s a draw.
- Edge
- The perceived advantage a bettor believes they have over the bookmaker’s odds.
- Expected Goals (xG)
- A metric that estimates how many goals a team should score based on the quality of its chances.
- In-Play Betting
- Placing bets on a match while it is already in progress, with odds that update as the game unfolds.
- Kelly Criterion
- A mathematical formula used to determine the optimal size of a bet relative to the perceived edge.
- Lay Bet
- A bet that a particular outcome will not happen, typically placed against another bettor on a betting exchange.
- Live Odds
- Odds that change in real time during a match, reflecting the current state of play.
- Margin
- The bookmaker’s built-in advantage, expressed as a percentage, which ensures profit regardless of the result.
- Over/Under
- A bet on whether a specific statistic (usually total goals) will be higher or lower than a set line.
- Parlay
- A bet that combines multiple selections into one wager, requiring all selections to win for a payout.
- Price Boost
- A promotion that increases the odds on a selected market, offering higher potential returns.
- Punter
- A person who places bets on sporting events.
- Rollover
- A requirement that a bonus amount be bet a certain number of times before it can be withdrawn.
- Stake
- The amount of money you risk on a single bet.
- Tipster
- An individual or service that provides betting predictions and recommendations.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, indicating potential long‑term profit.
- Void Bet
- A bet that is canceled and the stake is returned, usually due to a match being postponed or a rule violation.
- Wagering Requirement
- The condition that any bonus funds must be wagered a set amount before winnings can be withdrawn.