Knowledge Base
Glossary
Plain-English definitions for the terminology used across Coach's Corner.
- Accumulator
- An accumulator (also called a parlay) combines multiple selections into a single bet; you win only if every selection is correct.
- Arbitrage
- Arbitrage (or “arbing”) exploits differing odds across bookmakers to place opposing bets and secure a profit regardless of the outcome.
- Asian Handicap
- Asian Handicap is a spread betting style that eliminates the draw and uses half‑goal lines to create two possible outcomes with balanced odds.
- Bankroll
- Your bankroll is the total sum of money you set aside for placing bets.
- Both Teams To Score (BTTS)
- Both Teams To Score (BTTS) is a market where you bet on whether each side will score at least one goal during the match.
- Cash Out
- Cash Out allows you to settle a bet before the event ends, accepting a reduced payout instead of risking the final result.
- Clean Sheet
- A clean sheet bet wins if the selected team does not concede any goals during the match.
- Cover the Spread
- Covering the spread means the chosen team’s final result beats the point spread, making the spread bet a winner.
- Decimal Odds
- Decimal odds show the total return for each unit wagered, including the original stake; for example, 2.50 returns $2.50 for every $1 bet.
- Double Chance
- A double chance bet covers two of the three possible match outcomes—home win/draw, away win/draw, or either side winning—so you have two ways to win.
- Draw No Bet
- Draw No Bet removes the draw option, returning your stake if the match ends in a draw and paying out only if your chosen team wins.
- Expected Value (EV)
- Expected value is the average amount you can expect to win or lose per bet over many repeated wagers.
- Fractional Odds
- Fractional odds express profit relative to the stake; 5/2 means you win $5 for every $2 wagered.
- Hedge
- Hedging means placing a bet on the opposite outcome to lock in a profit or limit a loss.
- Implied Probability
- Implied probability converts odds into a percentage that indicates how likely an outcome is according to the bookmaker.
- In‑play Betting
- In‑play (or live) betting lets you place a wager after the match has started, with odds that change as the game unfolds.
- Kelly Criterion
- The Kelly Criterion is a formula that calculates the optimal fraction of your bankroll to wager based on your perceived edge.
- KYC (Know Your Customer)
- KYC is the mandatory identity verification process that confirms a bettor’s age and identity to comply with legal regulations.
- Moneyline
- A Moneyline bet is a straightforward wager on which team will win the match, with odds reflecting each team’s perceived chance of victory.
- Over/Under
- An Over/Under bet asks whether the total number of goals scored in a match will be higher or lower than a number set by the bookmaker.
- Point Spread
- A point spread (or handicap) assigns a virtual advantage to one team and a disadvantage to the other, making the odds closer to 50/50 for betting purposes.
- Single
- A single is a bet placed on just one outcome, settled solely on that event’s result.
- Stake
- The stake is the amount of money you risk on a bet.
- Value Bet
- A value bet occurs when the odds offered by a bookmaker are higher than the true chance of the outcome, giving the bettor a positive expected return.
- Vigorish (Juice)
- Vigorish, often called juice, is the commission a bookmaker collects on losing bets.