Knowledge Base
Glossary
Plain-English definitions for the terminology used across Coach's Corner.
- Accumulator
- A bet that links several outcomes; winnings from each winning selection roll over to the next, multiplying the final payout.
- American Odds
- Odds expressed with a plus or minus sign; plus shows profit on a $100 bet, minus shows how much you must bet to win $100.
- Arbitrage
- Betting on all possible outcomes with different odds at separate bookmakers to lock in a risk‑free profit.
- Asian Handicap
- A handicap that gives one team a half‑goal or quarter‑goal advantage, making a draw result unlikely and offering adjusted odds.
- Bankroll
- The total money you have set aside for placing bets; managing it helps you avoid big losses.
- Bet Builder
- An online tool that lets you combine different markets from one match (like goals, cards, corners) into a single bet.
- Both Teams To Score
- A bet that wins if both teams score at least one goal during the match.
- Cash Out
- An option to settle a bet early; you can take a smaller guaranteed win or limit a loss before the match finishes.
- Correct Score
- A wager on the exact final score of a game, such as 2‑1 or 3‑0.
- Decimal Odds
- Odds shown as a decimal that includes your stake; multiply your bet by this number to calculate total return.
- Fractional Odds
- Odds shown as a fraction that tells you how much profit you’ll make for each unit wagered.
- Free Bet
- A bet credit given by the site that you can place without risking your own funds; any winnings are usually yours.
- Handicap
- A points adjustment given to a team to level the playing field for betting purposes.
- In-Play
- Betting on a match while it is being played; odds change in real time as the game unfolds.
- Juice
- The fee or cut a bookmaker includes in the odds, making the total odds slightly less favorable to the bettor.
- Lay Bet
- A bet that a specific outcome will not occur, often placed on an exchange where you act as the bookmaker.
- Live Betting
- Placing bets on a match that is already in progress; odds update constantly as the game continues.
- Matched Betting
- A method that uses free bets and lay bets to cover every possible result and lock in a guaranteed profit.
- Moneyline
- A simple bet on which team will win the match, with odds that show how likely each outcome is.
- Over/Under
- A bet on whether the total goals scored in a match will be higher or lower than a number set by the bookmaker.
- Parlay
- A bet that combines two or more selections; every pick must win for the parlay to pay.
- Unit
- A standard amount you wager, usually a small percentage of your bankroll, used to track the size of your bets.
- Value Bet
- A bet where the odds are better than the actual chance of the outcome, giving you a potential long‑term advantage.
- Vig
- Short for vigorish, the built‑in commission that ensures the bookmaker makes a profit over time.