Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- AML
- Anti-Money Laundering – laws and procedures that ensure betting funds are not used for illegal activities.
- Arbitrage
- A betting strategy that exploits differing odds across bookmakers to guarantee a profit regardless of the outcome.
- Asian Handicap
- A way to handicap a match by giving one team a fractional goal advantage or disadvantage to balance the odds.
- Bankroll Management
- The practice of setting a budget for betting and deciding how much to wager on each bet to avoid losing too much.
- Bet Slip
- The digital ticket where you select your bets, specify the stake, and confirm the wager.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or cutting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes in a match, such as win or draw, to increase your chance of winning.
- Draw No Bet
- A bet that refunds your stake if the match ends in a draw, so you win only if your chosen team wins.
- Holding Account
- A temporary account where your deposit is held before being used for betting or withdrawn.
- In-Play
- Bets placed after the match has started, with odds that update as the game unfolds.
- KYC
- Know Your Customer – a verification process where the bookmaker checks your identity and financial information to prevent fraud.
- Lay Betting
- Betting that a specific outcome will not happen, essentially acting as a bookmaker by offering odds to other bettors.
- Market Suspension
- A pause in betting on a specific market, often due to a major event like an injury or goal, until odds are updated.
- Odds Format
- The way odds are presented, such as decimal, fractional, or moneyline, each showing potential payout differently.
- Over/Under
- A bet on whether the total number of goals or points in a match will be more or less than a set figure.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out, offering higher odds.
- Point Spread
- A handicap applied to the favored team to level the playing field, requiring them to win by a certain margin.
- Price Boost
- A promotional increase of odds on a specific selection, giving you a higher potential payout.
- Public Money
- The portion of bets placed by casual bettors, often causing odds to shift toward the popular choice.
- Push
- A tie outcome in a bet where the stake is returned and no profit or loss is made.
- Risk-Free Bet
- A promotion that refunds your stake as a free bet if your first bet loses, up to a set amount.
- Smart Money
- Betting insights or line movements that reflect the actions of professional or knowledgeable bettors.
- Stake Not Returned
- A term indicating that the original amount wagered is not included in the payout, only the profit is paid.
- Steam Move
- A rapid shift in odds caused by heavy betting activity on one side, indicating where most money is being placed.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, suggesting a positive expected return.