Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Accumulator
- Similar to a parlay, a bet linking several outcomes, with winnings rolling over each winning selection.
- Arbitrage
- Exploiting differences in odds across bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A handicap system that eliminates the draw outcome and uses half‑goal increments to reduce ties.
- Bankroll
- The total amount of money you have set aside for betting.
- Bet Slip
- The digital record where you add selections, set your stake, and confirm your wager.
- Bonus
- Extra funds or free bets offered by a betting site, often subject to conditions.
- Cash Out
- A feature allowing you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Double Chance
- A bet that covers two of the three possible match outcomes (e.g., home win or draw).
- Free Bet
- A no‑stake bet provided by the betting site, usually with winnings returned excluding the free bet stake.
- Handicap
- A points or goals adjustment applied to a team to create balanced odds for betting.
- Hedge
- Placing a bet on the opposite outcome to reduce risk or secure a guaranteed profit.
- In-Play
- Bets placed after a match has started, with odds that update as the game progresses.
- Juice (Vig)
- The commission a bookmaker charges for taking a bet, built into the odds.
- Line
- The odds or point spread set by a bookmaker for a particular market.
- Live Betting
- The same as In‑Play, referring to wagering on events as they happen.
- Market
- A specific betting category or event you can wager on, such as match winner or total goals.
- Moneyline
- A bet on which team will win the match, with odds shown as a positive or negative number.
- Odds
- The probability expressed as a number that determines how much you can win relative to your stake.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher or lower than a set number.
- Parlay
- A single bet that combines multiple selections; all must win for the bet to pay out.
- Payout
- The total amount you receive when a bet wins, including the original stake and profit.
- Point Spread
- A handicap given to the favorite team to level the betting field, expressed as a number of goals.
- Stake
- The amount of money you risk on a bet.
- Unit
- A standard measurement of bet size, usually representing a small percentage of your bankroll.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings.