Knowledge Base
Glossary
Plain-English definitions for the terminology used across Fan Strategy.
- Accumulator
- A single bet that links multiple selections; all must win for the bet to pay out, and the odds are multiplied.
- Asian Handicap
- A handicap that gives one team a virtual advantage or disadvantage to level the playing field, eliminating the draw option.
- Bankroll Management
- The practice of setting a budget for betting and deciding how much to wager on each bet to protect funds.
- Bookmaker Margin
- The built-in advantage a bookmaker includes in the odds, ensuring they profit regardless of the result.
- Both Teams to Score (BTTS)
- A bet that asks whether each team will score at least one goal during the match.
- Cashout
- A feature allowing you to 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 match outcomes, increasing the chance of winning.
- First Goal Scorer
- A bet on which player will score the first goal in the game.
- Goal Line
- A line set by the bookmaker indicating the total goals expected in a match, similar to Over/Under but often used in Asian markets.
- Half-Time/Full-Time
- A combined bet that requires predicting both the result at half-time and the result at full-time.
- Implied Probability
- The chance of an outcome as suggested by the odds, calculated by dividing 1 by the decimal odds.
- In-Play Betting
- Placing a bet on a match while it is in progress, with odds that update as the game unfolds.
- Lay Bet
- A bet that a specific outcome will NOT happen, typically placed on a betting exchange.
- Matched Betting
- A technique that uses free bets and promotions to cover all outcomes, aiming to guarantee a profit.
- Moneyline
- A straightforward bet on which team will win the match, with odds reflecting each team's chances.
- Odds Boost
- A promotion that increases the odds on a specific selection, offering a higher potential payout.
- Odds Movement
- The change in odds over time as more bets are placed or as the bookmaker adjusts the line.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher or lower than a set number.
- Pre-Match Betting
- Placing a bet on a match before it starts, based on the initial odds offered.
- Risk-Free Bet
- A promotion that refunds your stake if the bet loses, usually up to a certain amount.
- ROI
- Return on Investment, a measure of the profit or loss generated relative to the amount wagered.
- Staking Plan
- A strategy that determines how much to wager on each bet based on a set of rules, often a percentage of your bankroll.
- Unit
- A standard amount of money used to measure the size of a bet, often a small percentage of your total bankroll.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an expected advantage.