Knowledge Base
Glossary
Plain-English definitions for the terminology used across Fan Strategy.
- Accumulator
- A single bet that combines multiple selections; all must win for a payout, increasing potential returns.
- Arbitrage Betting
- Placing opposing bets on all possible outcomes with different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A split handicap that reduces the possibility of a draw, offering two half‑goal or quarter‑goal lines.
- Bankroll Management
- The strategy of allocating a specific budget for betting and sizing stakes to minimize risk.
- Both Teams to Score
- A market where you predict whether each side will find the net at least once during the game.
- Cash Out
- A feature allowing you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Cashback
- A refund of a portion of losses, often offered as a bonus credit after a losing period.
- Clean Sheet
- A bet on whether a team will finish the match without conceding any goals.
- Expected Value
- A calculation of the average amount you can expect to win or lose per bet if repeated many times.
- Futures
- A bet placed on a long‑term outcome, such as which team will win the World Cup before the tournament starts.
- Half‑Time/Full‑Time
- A combination bet predicting the score at both the end of the first half and the final whistle.
- Juice
- The commission taken by the bookmaker, built into the odds, representing the book’s guaranteed profit.
- Live Betting
- Placing bets on match events after the game has started, 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 indicating the payout.
- Odds Boost
- A promotion where the book increases the payout odds on a selected bet, enhancing potential winnings.
- Outright Bet
- Another term for a futures bet, wagering on a team or player to achieve a specific overall result.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher or lower than a set line.
- Player Prop
- A prop bet focused on an individual player's performance, such as total goals or assists.
- Point Spread
- A handicap given to the underdog to level the betting field, expressed as a number of goals.
- Prop Bet
- A side wager on a specific event within a match, like which player scores first, unrelated to the final score.
- ROI
- The percentage profit or loss relative to the total amount wagered, used to gauge betting performance.
- Rollover
- The number of times you must bet a bonus amount before you can withdraw any associated winnings.
- Single Bet
- A straightforward wager on one outcome, with a win determined solely by that result.
- Team Total
- A bet on how many goals a specific team will score in the match, independent of the opponent.
- Value Bet
- A wager where the odds offered are higher than the true probability suggests, giving an expected positive return.