Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Accumulator
- A single bet that links multiple selections; all must win for the bet to pay out, and odds multiply together.
- American Odds
- Odds expressed as a positive or negative number; positive shows profit on a $100 bet, negative shows how much you must bet to win $100.
- Arbitrage Betting
- Placing bets on all possible outcomes of an event with different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A spread betting method that gives a disadvantage or advantage to a team, eliminating the draw option and leveling the playing field.
- Bankroll Management
- The strategy of setting aside a dedicated budget for betting and deciding how much to stake on each wager to avoid running out of funds.
- Bet Limit
- The maximum amount a bookmaker will allow you to stake on a particular market, often lower for less popular events.
- Both Teams To Score
- A bet that wins if each side scores at least one goal during the match; you lose if either team fails to score.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss based on current odds.
- Correct Score
- A bet that requires you to predict the exact final score of a match; payouts are usually high due to the difficulty.
- Decimal Odds
- A way to express betting odds as a single number that includes your stake; multiplying your stake by this number gives total payout.
- Fractional Odds
- Traditional UK odds shown as a fraction; the numerator shows profit you would make per unit of the denominator staked.
- Free Bet
- A promotional credit that you can use to place a bet without risking your own money; any winnings are usually paid out, not the free bet stake.
- Futures Bet
- Similar to an outright bet, it is a long-term wager placed before the tournament starts on outcomes like top scorer or stage of elimination.
- Half-Time/Full-Time
- A market where you predict the outcome at both half-time and full-time; you must correctly guess both results to win.
- Handicap Betting
- A type of bet that gives one team an artificial advantage or disadvantage to make the odds more balanced.
- In-Play Betting
- Placing a bet after an event has started, with odds that update in real time as the action unfolds.
- Odds Comparison
- The practice of checking the odds for the same event across different bookmakers to find the best price.
- Outright Bet
- A wager on a tournament winner or a long-term result, such as which team will lift the World Cup trophy.
- Over/Under
- A bet on whether a specific statistic, like total goals, will be higher (over) or lower (under) than a set number.
- Payout
- The total amount of money you receive back after a winning bet, including your original stake plus profit.
- Rollover Requirement
- The number of times you must wager a bonus or deposit before you can withdraw any winnings derived from it.
- Stake
- The amount of money you put on a bet; your stake is multiplied by the odds to determine potential winnings.
- Staking Plan
- A systematic approach to deciding bet sizes, such as wagering a fixed percentage of your bankroll on each selection.
- Value Bet
- A bet where you believe the odds offered are higher than the true probability of the outcome, giving you an expected edge.
- Vig (Juice)
- The commission or cut that a bookmaker includes in the odds; it ensures the book makes a profit regardless of the outcome.