Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- Accumulator
- A single bet that combines multiple selections; all must win for the bet to pay out.
- Asian Handicap
- A handicap given to teams to level the playing field, eliminating the draw outcome.
- Bankroll
- The total amount of money set aside for betting.
- Bet Builder
- A feature that lets you combine multiple outcomes from the same match into one bet.
- Bet Slip
- A record or ticket that shows the selections and potential payout of a bet.
- Bonus
- Extra funds or offers given by a bookmaker to encourage betting.
- Bookmaker
- A company that sets odds and accepts bets.
- Both Teams to Score (BTTS)
- A bet on whether both teams will score at least one goal during the match.
- Cash Out
- The option to settle a bet before the event ends, locking in a profit or cutting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, loss) in a match.
- Dutching
- Spreading your stake across multiple outcomes to secure a profit regardless of which one wins.
- Each Way
- A bet split into two parts—one for the win and one for the place—common in football futures betting.
- Expected Value (EV)
- The average amount you can expect to win or lose per bet if you repeat it many times.
- Free Bet
- A bet credited by a bookmaker that you can use without risking your own money.
- Hedging
- Placing additional bets to reduce risk or guarantee a profit regardless of the result.
- In-Play Betting
- Placing bets after an event has started, with odds that update as the action unfolds.
- Juice
- The commission a bookmaker takes on a bet, reflected in the odds.
- Lay Betting
- Betting that an outcome will not happen, typically used on betting exchanges.
- Market
- A specific betting option or event you can bet on.
- Odds
- The probability of an outcome expressed as a number, determining how much you can win relative to your stake.
- Over/Under
- A bet on whether the total number of goals, points, or other stats will be above or below a set line.
- Punter
- A person who places a bet.
- Stake
- The amount of money you risk on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, suggesting an edge.
- Wagering Requirement
- The number of times you must bet a bonus before you can withdraw any winnings.