Knowledge Base
Glossary
Plain-English definitions for the terminology used across Fan Strategy.
- Accumulator
- A single bet that links multiple selections; all must win for the bet to pay out, multiplying the odds.
- Anytime Goalscorer
- A bet on a specific player scoring at any point during the match.
- Arbitrage
- A strategy that exploits differences in odds across bookmakers to guarantee a profit regardless of the outcome.
- Asian Handicap
- A handicap betting system that eliminates the draw outcome and uses quarter‑goal increments to reduce risk.
- Bankroll Management
- The practice of deciding how much money to risk on each bet to keep your funds safe over time.
- Bookmaker Margin (Juice)
- The built‑in profit margin in the odds, representing the difference between the true probability and the payout odds.
- Both Teams to Score (BTTS)
- A bet on whether each side will score at least one goal during the match.
- Cash Out
- A feature allowing you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Correct Score
- A bet that predicts 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) on one ticket.
- Enhanced Odds
- Promotional odds that are higher than the normal market odds, offering a larger potential payout.
- Expected Value (EV)
- A calculation showing the average amount you can expect to win or lose per bet if repeated many times.
- First Goalscorer
- A bet on which player will score the first goal in the match.
- Free Bet
- A promotional credit that lets you place a bet without using your own money; any winnings are usually returned minus the stake.
- In-Play Betting
- Placing bets on a match while it is already in progress, with odds that update as the game unfolds.
- KYC (Know Your Customer)
- The verification process used by betting sites to confirm your identity and prevent illegal activity.
- Live Odds
- The constantly changing odds offered during in‑play betting, reflecting the current state of the match.
- Moneyline
- A bet on which team will win a match, with odds expressed as a number that determines the payout.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher or lower than a set number.
- Parlay
- Similar to an accumulator, a single wager that combines two or more selections and pays only if all win.
- Point Spread
- A handicap given to the favorite team to level the betting field, expressed as a number of goals.
- Stake
- The amount of money you place on a bet.
- Unit
- A standard amount of money used to size bets, often set as a small percentage of your total bankroll.
- Value Bet
- A bet where the odds offered by the bookmaker are higher than the true probability suggests, giving an edge.
- Wagering Requirement
- The number of times you must bet a bonus or free bet before you can withdraw any winnings.