Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Accumulator
- A bet that combines two or more selections into one wager, with all selections needing to win for a payout.
- Asian Handicap
- A type of bet that gives a virtual advantage or disadvantage to a team to level the playing field.
- Bankroll
- The total amount of money set aside for betting, separate from everyday finances.
- Bet Builder
- An online tool that lets you combine multiple outcomes from a single match into one custom bet.
- Cash Out
- A feature that lets you settle a bet for a guaranteed amount before the event finishes.
- Double Chance
- A bet that covers two of the three possible match outcomes (e.g., home win or draw) in one wager.
- Draw No Bet
- A bet where you pick a team to win; if the match ends in a draw, the stake is refunded.
- Expected Goals (xG)
- A metric that estimates how many goals a team or player is likely to score based on shot quality.
- Fixed Odds
- The odds set by the bookmaker at the time of placing the bet, remaining unchanged regardless of later changes.
- Handicap Betting
- A bet that adjusts the perceived strength of a team by adding or subtracting a goal margin.
- In-Play Betting
- Placing bets on a match while it is already in progress, with odds that update live.
- Lay Bet
- A bet that a particular outcome will not happen, essentially acting as the bookmaker.
- Live Odds
- The constantly changing odds offered during an in‑play event.
- Market
- A category of bets available for a specific event, such as match result, total goals, or player props.
- Moneyline
- A straight bet on which team will win a match, without any point spread.
- Odds
- The numerical representation of the likelihood of an outcome, also indicating the potential payout.
- Outright Winner
- A bet on which team will win the entire tournament, such as the World Cup, rather than a single match.
- Over/Under
- A bet on whether a specific statistic, like total goals, will be higher or lower than a set line.
- Parlay
- A single bet that links two or more selections; all must win for a payout, increasing potential profit.
- Point Spread
- A margin set by the bookmaker to make the favorite and underdog more balanced for betting purposes.
- Push
- A tie result in a bet where the stake is returned, usually when the line exactly matches the outcome.
- Stake
- The amount of money you place on a bet.
- Surebet
- A situation where odds from different bookmakers guarantee a profit regardless of the outcome.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, offering positive expected value.
- Void
- A bet that is cancelled and the stake refunded, often due to a match being postponed or a rule change.