Knowledge Base
Glossary
Plain-English definitions for the terminology used across Coach's Corner.
- American Odds
- Odds shown as a positive or negative number; positive indicates profit on a $100 bet, negative shows amount needed to win $100.
- Arbitrage Betting
- Placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- A spread betting system that eliminates the draw and uses quarter‑goal increments.
- Bankroll
- The total amount of money set aside for betting activities.
- Bet Slip
- The online form that displays your selected bets and allows you to confirm the stake.
- Cash Out
- A feature allowing you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Decimal Odds
- Odds expressed as a single number (e.g., 2.50) that includes the stake in the total return.
- Draw No Bet
- A bet that refunds your stake if the match ends in a draw, leaving only a win for either side.
- Fractional Odds
- Odds displayed as a fraction (e.g., 3/2) showing the profit relative to the stake.
- Free Bet
- A promotional credit given by a sportsbook that can be used to place a bet, usually without staking real money.
- Handicapping
- The process of analyzing teams and odds to find a perceived edge in a bet.
- Hedge Bet
- A bet placed on the opposite outcome to reduce risk or secure a guaranteed profit.
- Live Betting
- Placing bets on events while they are in progress, with odds updating in real time.
- Moneyline
- A bet on which team will win the match, with odds expressed as a positive or negative number.
- Odds Boost
- A promotional increase of odds on a specific selection, offering a higher potential payout.
- Over/Under
- A wager on whether the total number of goals in a match will be higher or lower than a set line.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out.
- Payout
- The total amount returned to you after a winning bet, including the original stake.
- Point Spread
- A handicap given to the underdog to level the betting field, often shown as a number of goals.
- Risk‑Free Bet
- A bet where the stake is refunded if the bet loses, typically up to a set amount.
- Single Bet
- A straightforward wager on one outcome, with the stake placed on that selection alone.
- 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 an edge.
- Vigorish (Juice)
- The commission charged by a bookmaker, usually reflected in the odds.
- Wagering Requirement
- The number of times you must bet a bonus before it can be withdrawn as cash.