Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Accumulator
- A single bet that combines two or more selections; all must win for you to receive a payout.
- Asian Handicap
- A goal spread that gives one team a half- or quarter-goal advantage or disadvantage, eliminating the draw option.
- Bankroll Management
- The practice of setting aside a specific amount of money for betting and allocating it in controlled portions.
- Bet Builder
- An online tool that lets you combine different outcomes of the same match, such as goals, cards, and corners, into one wager.
- Bet Slip
- The electronic record that lists your selected wagers, the stake, and the potential payout before confirmation.
- 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 your losses as bonus credit, usually subject to wagering conditions.
- Decimal Odds
- A way to express odds that shows the total return you receive for each unit wagered, including your stake.
- Double Chance
- A bet that covers two of the three possible match outcomes (e.g., win/draw or draw/win), reducing risk.
- Draw No Bet
- A bet that refunds your stake if the match ends in a draw, leaving only a win for either side.
- Early Payout
- A promotion that automatically pays out your bet if your selected team takes a certain lead, even if they later lose.
- Handicap Line
- The specific goal spread used in handicap bets, indicating how many goals are added or subtracted from a team's final score.
- In-Play Betting
- Placing bets on match events after the game has already started, with odds that update in real time.
- Kelly Criterion
- A mathematical formula that calculates the optimal percentage of your bankroll to risk on a bet based on your perceived edge.
- Lay Bet
- A bet that a specific outcome will not happen, typically offered on betting exchanges, where you act as the bookmaker.
- Live Odds
- Odds that change continuously during a match, reflecting the current state of play and market activity.
- Margin
- The bookmaker's built-in advantage, expressed as a percentage, which ensures they profit over the long term.
- Moneyline
- A straightforward bet on which team will win the match, with odds reflecting the perceived likelihood of each side.
- Over/Under
- A wager on whether a particular match statistic, such as total goals, will be higher or lower than a set line.
- Stake
- The amount of money you risk on a single bet.
- Unit
- A standardized measure of bet size, often representing a small percentage of your total bankroll.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, suggesting a positive expected return.
- Void Bet
- A bet that is cancelled and the stake refunded, usually because the event was postponed or the market was ruled invalid.
- Wagering Requirement
- The number of times you must turnover bonus funds before you can withdraw any winnings.