Knowledge Base
Glossary
Plain-English definitions for the terminology used across Stadium View.
- Accumulator
- A bet that links multiple selections into one wager, with winnings rolled over from each winning selection.
- Asian Handicap
- A handicap system that eliminates the draw outcome and balances the odds between two teams, used mainly in soccer betting.
- Back
- To place a bet on a particular outcome to win, essentially supporting that selection.
- Bankroll
- The total amount of money set aside for betting, used to manage stakes and track performance.
- Bet Builder
- An online tool that lets you combine multiple markets from a single match into a customized bet with combined odds.
- Bet Slip
- The digital record that lists your selected bets, stake amounts, and potential returns before confirmation.
- Cash Out
- A feature allowing you to settle a bet early, either locking in a profit or minimizing a loss before the event ends.
- Double Chance
- A bet that covers two of the three possible outcomes of a match (e.g., win or draw), reducing risk.
- Futures
- A bet placed on the outcome of a tournament or season‑long event, such as who will win the World Cup.
- Half-Time Bet
- A wager placed on the result of a match at halftime, including options like correct score or goal totals.
- In-Play Betting
- Placing a bet on a match while it is already in progress, with odds that update as the game unfolds.
- Juice
- The commission charged by a bookmaker on a bet, usually built into the odds, also called the "vig".
- Kelly Criterion
- A formula that calculates the optimal size of a bet based on the perceived edge and odds.
- Lay
- To bet against an outcome, such as betting that a team will not win, often used in betting exchanges.
- Moneyline
- A bet on which team will win the match outright, with odds expressed as a positive or negative number.
- Odds
- The numerical expression of the likelihood of an outcome, indicating how much you can win relative to your stake.
- Over/Under
- A bet on whether the total number of goals scored in a match will be over or under a set figure.
- Parlay
- A single bet that combines two or more selections, all of which must win for the parlay to pay out.
- Point Spread
- A handicap given to the favorite team to level the playing field, requiring them to win by a certain margin for the bet to win.
- Prop Bet
- A wager on a specific event within a match, like which player will score first or the number of yellow cards.
- Square
- A casual or recreational bettor, often less informed, whose bets can move the line.
- Unit
- A standardized bet size, often a percentage of your bankroll, used to maintain consistent wagering across bets.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, suggesting a positive expected return.