Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Accumulator
- A single bet that links multiple selections; all of them must win for the bet to pay out.
- Arbitrage Betting
- Placing bets on all possible outcomes of an event across different bookmakers to secure a risk‑free profit.
- Asian Handicap
- A type of bet that gives one team a goal advantage or disadvantage, removing the draw as an option and creating two possible winning outcomes.
- Bankroll
- The total amount of money you have set aside for placing bets.
- Bet Builder
- A tool that lets you combine different betting markets from the same match into one custom bet.
- Bookmaker
- A company or individual that sets odds and accepts bets from customers.
- Both Teams To Score
- A bet on whether each team will score at least one goal during the match.
- Cash Out
- An option to settle a bet before the event ends, letting you lock in a profit or cut a loss.
- Closing Line
- The final odds offered just before an event starts, used to measure the quality of a bet.
- Decimal Odds
- Odds expressed as a single number that includes your stake; you multiply your stake by this number to calculate total returns.
- Draw No Bet
- A bet where you win if your chosen team wins, and you get your stake back if the match ends in a draw.
- First Goalscorer
- A bet on which player will score the first goal of the match.
- Fractional Odds
- Odds shown as a fraction, indicating how much profit you will earn relative to your stake.
- Half-Time/Full-Time
- A bet that predicts both the result at half‑time and the final result of the match.
- Hedging
- Betting on the opposite outcome of an existing bet to reduce risk or lock in a guaranteed profit.
- In-Play Betting
- Placing bets on a match while it is already happening, with odds that change as the game progresses.
- Lay Bet
- A bet that a specific outcome will not happen, usually placed on a betting exchange, where you act as the bookmaker.
- Margin
- The built-in profit margin for the bookmaker, included in the odds so they earn money regardless of the result.
- Matched Betting
- A technique that uses free bets from bookmakers to guarantee a profit by covering all possible outcomes.
- Moneyline
- A bet on which team will win the match, with odds that reflect the outright winner.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher (over) or lower (under) than a number set by the bookmaker.
- Stake
- The amount of money you risk on a bet.
- Unit
- A standard amount, often a percentage of your bankroll, used to size bets consistently.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, suggesting a positive expected return.
- Vigorish
- The commission or fee charged by a bookmaker for taking a bet, built into the odds.