Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Acca
- Short for accumulator, a single bet that links multiple selections; all must win for the bet to pay out.
- American Odds
- Odds expressed as a plus or minus number; plus indicates underdog profit, minus shows favorite risk.
- Arbitrage
- Exploiting differing odds across bookmakers to place bets on all outcomes and guarantee a risk‑free profit.
- Bankroll
- The total amount of money set aside for betting, separate from everyday finances.
- Bonus Wagering Requirement
- A condition that you must bet a multiple of a bonus before you can withdraw any winnings.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Closing Line
- The final odds or spread available just before an event starts; beating the closing line indicates good value.
- Decimal Odds
- A way to express odds as a single number (e.g., 2.50); multiplying your stake gives total return.
- Fractional Odds
- Odds shown as a fraction (e.g., 3/2); the numerator shows profit relative to the denominator stake.
- Free Bet
- A promotional bet credit you can use without risking your own money; winnings are usually returned without the stake.
- Futures Bet
- A long‑term bet placed on an outcome that will be decided later, like which team will win the World Cup.
- Hedge
- Placing a bet on the opposite side of an existing wager to secure a profit or reduce loss.
- Line Movement
- The change in odds or point spread over time, often driven by betting volume or new information.
- Live Betting
- Placing bets after a match has started, with odds that update as the game progresses.
- Matched Betting
- A technique using free bets and lay bets to guarantee a profit by covering all possible outcomes.
- Moneyline
- A bet on which team will win the match, with odds expressed as a positive or negative number.
- Odds Boost
- A bookmaker promotion that increases the odds on a specific selection, raising potential payout.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be higher or lower than a set number.
- Parlay
- A bet that combines two or more selections; the payout grows, but every selection must win.
- Point Spread
- A handicap given to each team to level the playing field, making the favorite give points and the underdog receive points.
- Prop Bet
- A wager on a specific event within a match, such as which player scores first, not the final result.
- Stake
- The amount of money you risk on a single bet.
- Value Bet
- A bet where the odds offered are higher than the true probability suggests, giving an edge over the bookmaker.
- Vigorish
- The commission a bookmaker charges for accepting a bet, usually built into the odds.
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