Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Accumulator
- A single bet that combines multiple selections; all must win for the bet to pay out.
- American Odds
- Odds displayed as a positive or negative number, showing how much you win on a $100 bet or how much you must stake to win $100.
- Arbitrage
- Placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of result.
- Asian Handicap
- A handicap bet that eliminates the draw outcome and adjusts the scoreline to give each team a +/- goal advantage.
- Bankroll
- The total amount of money set aside for betting, separate from everyday finances.
- Bonus Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings derived from it.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Cashback
- A promotion that returns a percentage of net losses over a set period, credited as bonus funds.
- Decimal Odds
- A way to express odds as a single number, showing the total return for each unit staked (e.g., 2.50 returns $2.50 per $1).
- Deposit Limit
- A tool that lets you set a maximum amount of money you can deposit into your betting account within a chosen period, helping you manage spending.
- Enhanced Odds
- Special odds that are higher than the standard market odds, offered for a limited time on selected outcomes.
- Fractional Odds
- Odds expressed as a fraction, indicating the profit relative to the stake (e.g., 5/1 means $5 profit for each $1 bet).
- Free Bet
- A token provided by a sportsbook that allows you to place a bet without using your own money; any winnings are usually returned minus the free bet stake.
- In-Play
- A synonym for live betting, referring to wagers made during the match.
- Juice
- The commission or vigorish that a bookmaker adds to the odds, representing the book’s built‑in profit margin.
- Live Betting
- Placing bets on events while a match is in progress, with odds that update as the game unfolds.
- Moneyline
- A bet on which team will win the match, with odds set for each side.
- Over/Under
- A bet predicting whether the total number of goals scored in a match will be over or under a specified number.
- Parlay
- Similar to an accumulator, a multi‑selection bet where each choice must win to generate a return.
- Risk-Free Bet
- A bet that refunds your stake if it loses, up to a specified amount, typically as a bonus bet.
- Spread
- A point handicap set by the bookmaker to level the playing field, requiring the favored team to win by a certain margin.
- Stake
- The amount of money wagered on a single bet.
- System Bet
- A bet that covers multiple combinations of selected outcomes, allowing a win even if some selections lose.
- Unit
- A standard measurement of the size of a bet, usually a fixed percentage of the bankroll.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, indicating potential profit.