Knowledge Base
Glossary
Plain-English definitions for the terminology used across Pitch Notes.
- Accumulator
- An accumulator combines multiple selections into one wager, paying out only if all selections win.
- Asian Handicap
- Asian handicap eliminates the draw and uses half‑goal or quarter‑goal lines to reduce the number of possible outcomes.
- Bankroll
- Bankroll is the total amount of money you have set aside for betting.
- Bet Slip
- A bet slip is a digital record of the selections you intend to wager on, showing potential returns.
- Bonus
- A bonus is an extra amount credited to your account, often subject to terms and conditions.
- Both Teams to Score (BTTS)
- BTTS bets win if each side scores at least one goal during the match.
- Cash Out
- Cash out lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Cashback
- Cashback returns a percentage of your net losses over a set period, usually as a bonus.
- Decimal Odds
- Decimal odds show the total amount returned per unit wagered, including the original stake.
- Edge
- Edge is the statistical advantage a bettor has over the bookmaker’s odds.
- Fractional Odds
- Fractional odds express the profit relative to the stake, shown as a fraction.
- Handicap
- A handicap gives one team a virtual advantage or disadvantage to balance the match for betting.
- In‑Play Betting
- In‑play betting allows you to place bets on a match while it is ongoing, with odds that update live.
- Juice
- Juice, or vig, is the commission the sportsbook charges for taking a bet, built into the odds.
- Market
- A market refers to a specific betting option, such as the winner, total goals, or player props.
- Moneyline Odds
- Moneyline odds indicate how much you must bet to win a set amount, or the amount you win on a fixed bet.
- Odds
- Odds represent the probability of an outcome and determine how much you can win relative to your stake.
- Odds Boost
- An odds boost increases the potential payout on a specific selection, often as a promotion.
- Over/Under
- Over/Under bets predict whether the total number of goals (or points) in a match will be above or below a set figure.
- Payout
- The payout is the total amount you receive when a bet wins, including your stake and profit.
- Responsible Gambling Tools
- Responsible gambling tools help you manage spending, time, or self‑exclude, promoting safe play.
- Sportsbook
- A sportsbook is a platform that accepts bets on sporting events and sets the odds.
- Stake
- The stake is the amount of money you risk on a single bet.
- Value Bet
- A value bet occurs when the odds offered are higher than the true probability of the outcome, giving you an edge.
- Wagering Requirement
- A wagering requirement states how many times you must bet a bonus before you can withdraw it.