Knowledge Base
Glossary
Plain-English definitions for the terminology used across Pitch Notes.
- Accumulator
- An accumulator combines multiple selections into one bet, paying out only if all selections win.
- Arbitrage
- Arbitrage is betting on all possible outcomes of an event across different books to lock in a guaranteed profit.
- Asian Handicap
- Asian handicap eliminates the draw and uses quarter‑goal lines to offer two possible winning outcomes.
- Bankroll
- Bankroll is the total money you have set aside for betting.
- Bonus
- A bonus is extra funds or free bets credited to your account, usually subject to wagering conditions.
- Both Teams to Score (BTTS)
- Both teams to score (BTTS) is a wager that each side will score at least one goal during the match.
- Cash Out
- Cash out lets you settle a bet early, locking in a profit or limiting a loss before the event ends.
- Double Chance
- Double chance lets you back two of the three possible match outcomes in a single wager.
- Draw No Bet
- Draw no bet refunds your stake if the match ends in a draw, otherwise pays out on the winner.
- European Handicap
- European handicap includes a draw option alongside the two teams, creating three possible outcomes.
- Free Bet
- A free bet is a no‑risk wager credited by the sportsbook that you can use to place a bet.
- Handicap
- A handicap gives one team a goal or point advantage to create balanced odds for betting.
- Implied Probability
- Implied probability is the percentage chance an outcome is expected to occur, derived by dividing 1 by the odds.
- In-Play
- In-play, also called live betting, means placing bets on a match while it is already in progress.
- Moneyline
- Moneyline is a straight bet on which team will win the match, with odds reflecting true chances.
- Odds
- Odds indicate how much you can win relative to your stake and reflect the likelihood of an outcome.
- Over/Under
- Over/under is a bet on whether a specific statistic, such as total goals, will be above or below a set line.
- Price Boost
- A price boost is a temporary increase in odds for a specific selection, offering greater potential payout.
- Responsible Gambling Tools
- Responsible gambling tools are features such as deposit limits, self‑exclusion, and reality checks that help you stay in control.
- Rollover
- Rollover is the total amount you must stake before a bonus converts to withdrawable cash.
- Stake
- Stake is the amount of money you risk on a single bet.
- Unit
- Unit is a standard bet size, often a small percentage of your bankroll, used to manage risk.
- Value Bet
- A value bet occurs when the odds offered are higher than the true probability of the outcome, giving you an edge.
- Vigorish (Juice)
- Vigorish, or juice, is the commission a bookmaker charges on losing bets, built into the odds.
- Wagering Requirement
- A wagering requirement is the number of times you must bet a bonus before you can withdraw any winnings.