Knowledge Base
Glossary
Plain-English definitions for the terminology used across Pitch Notes.
- Accumulator
- An Accumulator combines multiple selections into one bet; all must win for you to get a payout.
- Asian Handicap
- Asian Handicap gives a team a positive or negative goal advantage to eliminate the draw and create balanced odds.
- Back Bet
- Back Bet is a conventional bet that an outcome will happen, placed against the bookmaker.
- Bankroll
- Bankroll is the total money you have set aside for betting.
- Bet Builder
- Bet Builder is a tool that lets you combine different outcomes from the same match into a single wager.
- Both Teams To Score
- Both Teams To Score is a bet that both sides will score at least one goal during the match.
- Cash Out
- Cash Out lets you settle your bet before the event ends, locking in a profit or limiting a loss.
- Correct Score
- Correct Score is a wager that predicts the exact final score of a match.
- Double Chance
- Double Chance covers two of the three possible match results, increasing your chance of winning.
- Draw No Bet
- Draw No Bet refunds your stake if the match ends in a draw, otherwise you win on the selected outcome.
- First Goal Scorer
- First Goal Scorer is a bet on which player will score the first goal in the game.
- Free Bet
- Free Bet is a credit given by the sportsbook that lets you place a bet without using your own money.
- Handicap
- Handicap gives one team a fictional goal advantage or disadvantage to balance the odds between uneven sides.
- In-Play Betting
- In-Play Betting allows you to place bets on a match after it has already started, with odds that update during the game.
- Juice
- Juice is the extra percentage built into the odds that ensures the bookmaker makes a profit.
- Lay Bet
- Lay Bet is a wager that a particular outcome will not happen, typically placed on a betting exchange.
- Odds
- Odds show how likely an outcome is expected to happen and determine how much you can win if your bet wins.
- Odds Boost
- Odds Boost is a promotion that increases the odds on a specific selection, giving you a larger potential win.
- Over/Under
- Over/Under is a bet on whether the total number of goals (or other stats) will be more or less than a set number.
- Payout
- Payout is the total amount of money you receive when a bet wins, including your original stake.
- Risk-Free Bet
- Risk-Free Bet refunds your stake as a free bet or cash if your wager loses, up to a set amount.
- Settlement
- Settlement is the process of finalizing and paying out a bet after the result of the event is confirmed.
- Stake
- Stake is the amount of money you put on a bet.
- Value Bet
- Value Bet is when the odds offered by the bookmaker are higher than the true chance of the outcome, giving you an expected profit.