Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Accumulator
- An accumulator combines multiple selections into one bet, and all selections must win for the bet to pay out.
- Asian Handicap
- Asian Handicap gives a virtual advantage or disadvantage to a team to balance the match and remove the draw option.
- Bankroll
- Your bankroll is the total amount of money you have set aside for betting.
- Bonus Rollover
- Bonus rollover is the number of times you must wager a bonus amount before it converts to real cash.
- Cash Out
- Cash out allows you to settle a bet before the event ends, locking in a profit or cutting a loss.
- Cashback
- Cashback is a rebate that returns a portion of your losses back to your account, usually as bonus funds.
- Double Chance
- Double Chance lets you cover two of the three possible match outcomes in a single wager, reducing risk.
- Draw No Bet
- Draw No Bet removes the draw outcome, meaning you win if your chosen team wins, and get refunded if it ends in a draw.
- Edge
- Edge refers to the advantage a bettor believes they have over the sportsbook’s odds on a particular outcome.
- Free Bet
- A free bet gives you the chance to place a wager without using your own money, with any winnings usually withdrawable.
- Futures Bet
- A futures bet is a wager placed on an event that will be decided in the future, such as the World Cup winner.
- Juice
- Juice is the commission added to odds that ensures the bookmaker makes a profit, also called vig.
- KYC
- KYC stands for Know Your Customer, a process where the sportsbook verifies your identity to comply with regulations.
- Live Betting
- Live betting lets you place bets on a match while it is in progress, with odds that update in real time.
- Moneyline
- Moneyline is a straight bet on which team will win a match, with odds expressed as a positive or negative number.
- Odds Format
- Odds format determines how betting odds are displayed, such as decimal, fractional, or American styles.
- Over/Under
- Over/Under is a bet on whether the total points or goals scored in a match will be above or below a set number.
- Parlay
- A parlay links several bets together, requiring each to win to earn a larger combined payout.
- Provably Fair
- Provably Fair describes a system that lets players verify the fairness of each bet result using cryptographic proofs.
- RTP
- RTP stands for Return to Player, representing the percentage of total bets a game returns to players over time.
- Spread
- The spread is a line that predicts the margin of victory, used to handicap the favorite and level the betting field.
- Stake
- The stake is the amount of money you risk on a single bet.
- Vig
- Vig, also called juice, is the fee a sportsbook charges for taking a bet, built into the odds.
- Volatility
- Volatility indicates how often and how much a game can pay out; high volatility means bigger but rarer wins.
- Wagering Requirement
- A wagering requirement is the number of times you must bet a bonus amount before you can withdraw any winnings.