Knowledge Base
Glossary
Plain-English definitions for the terminology used across Pitch Notes.
- Accumulator
- A type of parlay where multiple selections are combined and the winnings from each roll over into the next.
- Asian Handicap
- A spread betting system that eliminates the draw option and uses quarter‑goal increments to reduce ties.
- Bankroll
- The total amount of money set aside for placing bets, used to manage risk and track performance.
- Bet Settlement
- The process of determining the final result of a wager and adjusting the bettor’s account balance accordingly.
- Bet Slip
- The digital record that lists your selected wagers, stake amounts, and potential payouts before confirmation.
- Both Teams To Score (BTTS)
- A market where you wager on whether each side will score at least one goal during the match.
- Cash Out
- A feature that allows you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Correct Score
- A bet that requires you to predict the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible match outcomes (e.g., home win or draw) in one wager.
- Edge
- The perceived advantage a bettor believes they have over the bookmaker’s odds based on analysis or information.
- Goal Range
- A market that lets you bet on a specific range of total goals, such as 2‑3 goals, rather than just over/under a line.
- Half‑Time/Full‑Time
- A wager that combines the result at half‑time and the result at full‑time in one bet.
- In‑Play Betting
- Placing bets on match outcomes while the game is in progress, with odds updated continuously.
- Juice
- The commission or fee that bookmakers charge for taking a bet, usually built into the odds as a small percentage.
- Line Movement
- The change in odds or spreads over time as the market reacts to new information, injuries, or betting volume.
- Moneyline
- A bet on which team will win the match, with odds expressed as a positive or negative number.
- Odds
- The number that tells you how much you can win relative to your stake, and reflects the likelihood of an outcome.
- Over/Under
- A bet on whether the total number of goals (or points) 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 parlay to pay out.
- Point Spread
- A handicap given to the favorite team to level the betting field, expressed as a margin of points.
- Push
- A tie outcome where the bet neither wins nor loses, and the stake is usually returned.
- Rollover Requirement
- A condition that obligates you to wager a bonus amount a certain number of times before it can be withdrawn.
- Single Bet
- A straightforward wager on a single outcome, with the stake placed on one selection only.
- Stake
- The amount of money you risk on a particular bet.
- Void Bet
- A bet that is cancelled and the stake refunded, often due to a match being postponed or a rule violation.