Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Asian Handicap
- A spread betting system that eliminates the draw option and uses half‑goal handicaps to reduce ties.
- Bankroll
- The total amount of money you have set aside for betting.
- Bet Slip
- The digital record that lists your selected bets, odds, and potential payout before you confirm the wager.
- Bonus
- Extra funds or free bets offered by a sportsbook, often subject to conditions.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Free Bet
- A promotional credit that allows you to place a bet without using your own money, with any winnings usually returned minus the stake.
- Hedge
- Placing a second bet on the opposite outcome to reduce risk or guarantee a profit after an initial bet.
- In-Play Betting
- Placing a wager on a match while it is already in progress, with odds that update as the game unfolds.
- Juice
- The commission or fee a sportsbook adds to the odds, often reflected in the spread or line.
- Kelly Criterion
- A mathematical formula that calculates the optimal size of a bet based on your edge and bankroll.
- KYC
- The process of verifying a player’s identity to prevent fraud and comply with legal obligations.
- Market Movement
- The change in odds or line after the initial release, often caused by betting volume or new information.
- Moneyline
- A bet on which team will win a match, with odds expressed as a positive or negative number.
- Odds
- The number that tells you how much you can win relative to your stake, and reflects how likely an outcome is thought to be.
- Over/Under
- A bet on whether the total number of goals scored in a match will be more or less than a set figure.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out, increasing potential payout.
- Point Spread
- A handicap given to the favorite team to level the betting field, expressed as a number of goals.
- Provably Fair
- A system that uses cryptographic algorithms to let players verify that a game’s result was not manipulated.
- Responsible Gambling
- Practices and tools designed to help players stay in control of their betting habits and avoid harmful behavior.
- RTP
- The percentage of total wagered money that a game returns to players over time; higher means better odds for the player.
- Self-Exclusion
- A formal option that allows a player to block themselves from betting on the platform for a set period.
- Stake
- The amount of money you risk on a bet.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, giving an expected profit.
- Volatility
- A measure of how often and how much a game’s payouts vary; high volatility means bigger but less frequent wins.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings.