Knowledge Base
Glossary
Plain-English definitions for the terminology used across Coach's Corner.
- Acca Insurance
- Acca Insurance refunds your stake as a free bet if one selection lets you down in an accumulator.
- Arbitrage
- Arbitrage involves betting on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- Asian Handicap is a handicap bet that eliminates the draw outcome and offers two possible winning sides with adjusted odds.
- Bankroll Management
- Bankroll Management is the practice of setting aside a specific amount of money for betting and sticking to planned stake sizes.
- Bet Slip
- Bet Slip is the digital record that lists your selected bets, stake, and potential payout before confirmation.
- Bookmaker
- Bookmaker is a company or individual that sets odds and accepts bets on sporting and other events.
- Both Teams To Score
- Both Teams To Score is a bet on whether both sides will score at least one goal during the match.
- Cash Out
- Cash Out lets you settle a bet before the event ends, locking in a profit or cutting a loss based on current odds.
- Correct Score
- Correct Score is a bet on the exact final score of a match, offering high payouts for precise predictions.
- Cover
- Cover means to win by more than the handicap margin, resulting in a winning handicap bet.
- Double Chance
- Double Chance covers two of the three possible outcomes in a match, increasing your chances of winning.
- Draw No Bet
- Draw No Bet is a wager where your stake is returned if the match ends in a draw, otherwise you win on the selected side.
- Edge
- Edge is the statistical advantage a bettor has over the bookmaker, often expressed as a percentage.
- Favorite
- Favorite is the team or player expected to win, indicated by lower odds and a higher implied probability.
- Handicap
- Handicap gives one side a virtual advantage or disadvantage to level the playing field, affecting the odds.
- In-Play Betting
- In-Play Betting allows you to place bets on a match after it has started, with odds that update as the game progresses.
- Juice
- Juice is the commission or fee that bookmakers build into odds, ensuring they profit regardless of the outcome.
- Matched Betting
- Matched Betting uses free bets and promotions to create a risk-free profit by covering all possible outcomes of an event.
- Odds
- Odds represent the payout you receive for a winning bet, indicating how likely a particular result is.
- Over/Under
- Over/Under is a bet on whether the total number of points, goals, or other metrics in a match will be higher or lower than a set line.
- Parlay
- Parlay is a single bet that links together two or more individual wagers and only pays out if all selections win.
- Stake
- Stake is the amount of money you risk on a bet, which determines your potential payout.
- Underdog
- Underdog is the team or player expected to lose, indicated by higher odds and a lower implied probability.
- Unit
- Unit is a standard dollar amount used to measure the size of each bet relative to your bankroll.
- Value Bet
- Value Bet is a wager where the odds offered are higher than the true probability of the outcome, suggesting long-term profit.