Knowledge Base
Glossary
Plain-English definitions for the terminology used across Coach's Corner.
- Accumulator
- A bet that combines multiple selections into one, winning only if all selections win.
- Asian Handicap
- A handicap given to teams to level the playing field, eliminating the draw option.
- Bankroll
- The total amount of money you have set aside for betting.
- Bet Builder
- A tool that lets you combine multiple markets from a single match into one bet.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or loss.
- Cashback
- A bonus that returns a portion of your losses over a set period.
- Double Chance
- A bet that covers two of the three possible outcomes in a match.
- Draw No Bet
- A bet that refunds your stake if the match ends in a draw.
- Each-Way
- A bet that includes two parts: a win bet and a place bet.
- Expected Goals
- A metric that estimates how many goals a team should score based on shot quality.
- Handicap Betting
- A bet that gives one team a virtual advantage or disadvantage to balance odds.
- In-Play Betting
- Betting on a match after it has started, with odds that update as the game progresses.
- Kelly Criterion
- A formula used to determine the optimal size of a bet based on your edge.
- Lay Bet
- A bet that a specific outcome will not happen, typically used in exchange betting.
- Market
- A specific betting option or category within a sports event.
- Odds
- The probability of an outcome expressed as a number, determining potential payout.
- Over/Under
- A bet on whether a statistic will be above or below a set number.
- Parlay
- A bet that links multiple selections together for a larger payout, but all must win.
- Provably Fair
- A system that lets players verify that game results are random and not manipulated.
- Push
- A tie result in a bet where the stake is returned.
- RTP
- The percentage of total bets a game returns to players over time.
- Stake
- The amount of money you risk on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome.
- Volatility
- How often and how much a game pays out; high volatility means bigger but rarer wins.
- Wagering Requirement
- The number of times you must bet bonus money before you can withdraw it.