Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Accumulator
- A single bet that links two or more individual selections; all must win for the accumulator to pay out, and the odds multiply together.
- Asian Handicap
- A point spread that eliminates the draw outcome by giving a advantage or disadvantage to each team, making odds closer to evens.
- Bankroll Management
- The practice of setting aside a specific amount of money for betting and deciding how much to stake on each wager.
- Bet Builder
- A tool that lets you combine multiple outcomes from the same match into one custom bet with combined odds.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss based on current odds.
- Double Chance
- A bet that covers two of the three possible outcomes in a match, increasing your chance of winning.
- Each Way
- A two-part bet where you wager on a team to win and also to place (finish in the top spots), with a fraction of the win odds paid if they place.
- Enhanced Odds
- Promotional odds that are higher than the normal market odds, offered for a limited time to attract bets.
- Free Bet
- A no-cost bet credited to your account that you can use to place a wager; any winnings are usually returned without the free bet stake.
- Goal Line
- A line set by the bookmaker for the total number of goals in a match; you bet on whether the total will be over or under that line.
- Handicapping
- The process of evaluating teams and circumstances to estimate their chances, then adjusting betting lines accordingly.
- In-Play Betting
- Bets placed after the match has started, with odds that update in real time as the game progresses.
- Juice
- The commission or fee that a bookmaker adds to the odds, often seen as a percentage that guarantees a profit over the long term.
- Lay Bet
- A bet placed against an outcome happening, typically on a betting exchange, where you act as the bookmaker.
- Margin
- The built-in profit margin a bookmaker includes in the odds, expressed as a percentage of the true probability.
- Market
- A specific category of bet offered on an event, such as match result, total goals, or player performance.
- Odds Comparison
- The process of checking odds from different bookmakers to find the best possible return for a bet.
- Over/Under
- A bet on whether a specific statistic, usually total goals, will be higher or lower than a number set by the bookmaker.
- Price Boost
- A special increase in the odds for a particular selection, often offered as a promotion to entice bettors.
- Push
- A tie result where the bet is refunded because the outcome exactly matches the line set by the bookmaker.
- Stake
- The amount of money you risk on a bet, which determines the size of your potential payout.
- Surebet
- A situation where odds from different bookmakers guarantee a profit regardless of the result, also known as arbitrage.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, suggesting a positive expected return.
- Wagering Requirement
- A condition that requires you to bet a certain multiple of a bonus or deposit before you can withdraw any winnings.
- Welcome Bonus
- A promotional offer for new customers that matches a percentage of their first deposit as free bet credits.