Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Insights.
- Arbitrage
- Exploiting differences in odds across bookmakers to guarantee a profit regardless of the result.
- Bankroll
- The total amount of money you have set aside for betting.
- Bonus
- Extra funds or free bets offered by a sportsbook, usually tied to deposit or wagering conditions.
- Bookmaker
- The company that sets odds and accepts bets.
- Cash Out
- A feature that lets you settle a bet before the match ends, either locking in a profit or limiting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes of a match, increasing your chances of winning.
- Free Bet
- A no‑risk bet credited to your account that you can use to place a wager.
- Hedging
- Placing a bet on the opposite outcome to reduce risk or secure a guaranteed profit.
- Juice
- The commission a bookmaker charges on a bet, usually built into the odds.
- Line Movement
- Changes in the odds or point spread as bets are placed and new information becomes available.
- Live Betting
- Placing bets on events while a match is already in progress, with odds that update as the game unfolds.
- Margin
- The built‑in profit margin in odds, also called juice or vig.
- Moneyline
- A bet on which team will win the match, with odds shown as a number that tells you how much you can win relative to your stake.
- Odds Compiler
- The specialist who analyzes data and sets the odds for events.
- Over/Under
- A bet on whether the total number of goals in a match will be higher (over) or lower (under) than a set number.
- Parlay
- A single bet that links together two or more individual wagers and only pays out if all of them win.
- Public Money
- The portion of bets placed by casual bettors, often used to gauge market sentiment.
- Spread
- A handicap given to the underdog team to level the odds, expressed as a line like -1.5 goals.
- Stake
- The amount of money you risk on a single bet.
- Steam
- Rapid, significant line movement caused by a large amount of money wagered on one side.
- Unit
- A standardized amount of your bankroll used to size bets consistently.
- Value Bet
- A wager where the odds offered by the bookmaker are higher than the true probability of the outcome, giving you an edge.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings derived from it.