Knowledge Base
Glossary
Plain-English definitions for the terminology used across Stadium View.
- Accumulator
- A bet that combines multiple selections into one wager, all of which must win for the bet to pay out.
- Asian Handicap
- A type of bet that gives a disadvantage or advantage to a team to level the playing field, removing the draw outcome.
- Bankroll Management
- The practice of deciding how much money to risk on bets and how to spread it across wagers.
- Bet Builder
- A feature that lets you combine different markets from a single match into a single bet.
- Bet Slip
- The digital record on a betting site that lists the selections you intend to place a wager on.
- Cash Out
- An option to settle a bet before the event ends, either locking in a profit or cutting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes in a match, increasing the chance of winning.
- Draw No Bet
- A bet that refunds your stake if the match ends in a draw, only paying if your chosen team wins.
- Edge
- The perceived advantage a bettor believes they have over the bookmaker's odds.
- Expected Goals (xG)
- A metric that estimates how many goals a team should score based on the quality of its shots.
- First Goalscorer
- A bet on which player will score the first goal in a match.
- Handicap Betting
- A bet that gives one team a virtual deficit or surplus to overcome, adjusting the odds accordingly.
- In-Play Betting
- The ability to place bets on a match while it is already in progress.
- Juice
- The commission that a bookmaker adds to the odds, representing the cost of placing a bet.
- Kelly Criterion
- A mathematical formula used to determine the optimal size of a bet relative to the perceived edge.
- Lay Bet
- A bet that a particular outcome will not happen, typically placed against a fellow bettor on an exchange.
- Live Odds
- Odds that change in real time as a match progresses, reflecting the current state of play.
- Matched Betting
- A technique that uses free bets and promotions to guarantee a profit regardless of the result.
- Odds Format
- The way odds are displayed, such as decimal, fractional, or moneyline, affecting how potential payouts are calculated.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be higher or lower than a set figure.
- Price Boost
- A promotional increase of the odds offered on a specific selection, enhancing potential returns.
- Push
- A tie outcome in a bet where the stake is returned and no profit or loss is recorded.
- Spread Betting
- A bet on whether a team's performance will be above or below a specified benchmark, with payouts based on the accuracy of the margin.
- Value Bet
- A wager where the odds offered are believed to be higher than the true probability of the outcome, indicating potential profit.
- Welcome Bonus
- A promotional offer for new customers that matches a percentage of their initial deposit as free bet credit.