Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- Asian Handicap
- A handicap betting type that eliminates the draw outcome and splits bets into two lines, common in football betting.
- Bankroll Management
- The practice of setting a budget for betting and deciding how much money to wager on each bet.
- Bet Builder
- A feature that lets you combine multiple selections from the same match into a single wager.
- Cash Out
- An option to settle a bet before the event ends, locking in a profit or reducing a loss.
- Cashback
- A promotion that returns a percentage of your losses over a specific period, credited as bonus funds.
- Correct Score
- A bet that predicts the exact final score of a match, offering high odds due to its difficulty.
- Double Chance
- A bet that covers two of the three possible outcomes of a match, increasing your chance to win.
- Draw No Bet
- A bet that refunds your stake if the match ends in a draw, essentially removing the draw option.
- Each-Way
- A two-part bet where you wager on a selection to win and also to place, with a share of the odds paid for a placing.
- First Goalscorer
- A bet on which player will score the first goal in a match, often with higher odds for less likely players.
- Free Bet
- A bonus bet that allows you to place a wager without using your own money, with any winnings usually returned minus the stake.
- Handicap Betting
- A bet that gives one team a virtual advantage or disadvantage to level the playing field, reflected in adjusted odds.
- In-Play
- Betting that takes place after a match has started, allowing you to place wagers as the action unfolds.
- Lay Betting
- Betting that a specific outcome will not happen, acting as the bookmaker by offering odds to other bettors.
- Multi Bet
- A single wager that combines several selections from different events, similar to a parlay but can include any sport.
- Odds
- The numerical expression of how likely an event is to occur, indicating the potential payout relative to the stake.
- Over/Under
- A bet on whether a specific statistic, such as total goals, will be above or below a set number.
- Parlay
- A single wager that links two or more selections; all must win for the bet to pay out, offering higher odds.
- Provably Fair
- A system that uses cryptographic algorithms to verify that a bet's outcome was not manipulated.
- RTP
- Return to Player – the percentage of total wagered money that a game pays back to players over time.
- 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 a positive expected return.
- Void Bet
- A bet that is canceled and the stake is returned, usually due to a match being postponed or a rule violation.
- Volatility
- A measure of how much the outcomes of a bet or game fluctuate; high volatility means larger but less frequent wins.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings derived from it.