Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- 1X2
- A three-way betting market where you pick a home win (1), draw (X), or away win (2).
- Accumulator
- A single bet that links multiple selections; all must win for the bet to pay out, and winnings roll over from one selection to the next.
- Arbitrage Betting
- Exploiting differences in odds across bookmakers to place multiple bets covering all outcomes and guarantee a profit.
- Asian Handicap
- A handicap given to each team to level the playing field, eliminating the draw option and often using half or quarter goal lines.
- Bankroll Management
- The practice of deciding how much of your total budget to risk on each bet to stay within your limits.
- Bet Builder
- An online feature that lets you combine several markets from the same match into one custom wager.
- Bet Slip
- The digital record that lists your selected bets, stake, and potential returns before you confirm the wager.
- Bookmaker Margin
- The built-in advantage a bookmaker includes in the odds, ensuring they make a profit regardless of the outcome.
- Both Teams To Score (BTTS)
- A bet on whether each side will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Correct Score
- A wager predicting the exact final score of a match, such as 2‑1 or 3‑0.
- Double Chance
- A market allowing you to cover two of the three possible outcomes (e.g., home win or draw) in a single bet.
- Draw No Bet
- A market where you back either the home or away team; if the match ends in a draw, your stake is refunded.
- First Goal Scorer
- A bet on which player will net the opening goal of the game.
- Free Bet
- A promotional token you can use to place a bet without risking your own money; any winnings are usually paid as cash.
- Hedge Bet
- Placing a second bet on the opposite outcome to secure a profit or reduce potential loss after an original wager.
- Kelly Criterion
- A mathematical formula that calculates the optimal size of a bet based on your perceived edge, aiming to maximize long‑term growth.
- Lay Bet
- A bet that a particular outcome will not happen, typically offered on betting exchanges where you act as the bookmaker.
- Live Betting
- Betting on a match while it is in progress, with odds that update as the action unfolds.
- Odds
- The number that tells you how much you can win relative to your stake; higher odds mean a larger potential payout.
- Over/Under
- A bet on whether the total number of goals in a match will be more or less than a set figure.
- Payout
- The total amount you receive when a bet wins, including your original stake plus profit.
- 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.
- Wagering Requirement
- A condition that states how many times you must bet a bonus amount before you can withdraw any related winnings.