Knowledge Base
Glossary
Plain-English definitions for the terminology used across Coach's Corner.
- Arbitrage
- Placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- A handicap system that eliminates the draw outcome and offers two possible winning sides, often with half‑goal lines.
- Bankroll
- The total amount of money you have set aside for betting.
- Bookmaker
- The company that sets the odds and accepts bets on sporting events.
- Both Teams to Score (BTTS)
- A market where you bet on whether both sides will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the match ends, locking in a profit or limiting a loss.
- Correct Score
- A bet that predicts the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible match outcomes (win/draw, draw/away, etc.) in one wager.
- Draw No Bet
- A wager that pays out if your selected team wins, and refunds your stake if the match ends in a draw.
- Free Bet
- A promotional credit given by a bookmaker that can be used to place a bet, usually with any winnings returned.
- Half-Time Result
- A bet on which team is winning, or if the first half ends in a draw, at the midpoint of the match.
- Half‑Time/Full‑Time
- A market where you bet on the outcome of the first half and the full match result combined.
- Juice
- The commission or fee that a bookmaker adds to the odds, also called "vig".
- Live Betting
- Placing a wager on a match while it is in progress, with odds that update as the game unfolds.
- Moneyline
- A bet on which team will win the match, with odds shown as a positive or negative number indicating the payout.
- Odds
- The number that tells you how much you can win relative to your stake, reflecting the implied chance of an outcome.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher or lower than a set line.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out, offering higher odds.
- Payout
- The total amount you receive when a bet wins, including your original stake and profit.
- Point Spread
- A handicap given to the favorite team to level the betting field, expressed as a number of goals.
- Soft Book
- A sportsbook that has relatively high odds and is easier to beat, often targeted by value seekers.
- Stake
- The amount of money you place on a bet.
- Unit
- A standardized bet size, often a small percentage of your bankroll, used to manage risk.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an edge.