Knowledge Base
Glossary
Plain-English definitions for the terminology used across Stadium View.
- Accumulator
- A single bet that links two or more individual wagers, requiring all selections to win for a payout.
- Asian Handicap
- A handicap applied to a team to level the playing field, often eliminating the draw outcome and offering fractional or whole-ball advantages.
- Bankroll
- The total amount of money set aside for betting, managed to avoid spending beyond your means.
- Bet Builder
- An online tool that lets you combine multiple outcomes from the same match into a single custom wager.
- Betting Exchange
- A platform where bettors can back and lay outcomes against each other, often with lower commission than traditional sportsbooks.
- Bonus Rollover
- The number of times you must wager a bonus amount before you can withdraw any winnings derived from it.
- Cash Out
- A feature allowing you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Correct Score
- A wager on the exact final score of a match, offering higher odds but lower probability.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, or loss) in a match, increasing your chance of winning.
- Each-Way
- A two-part bet consisting of a win bet and a place bet, paying out if your selection wins or finishes within a specified places.
- Free Bet
- A promotional token credited by the sportsbook that can be used to place a bet without risking your own funds.
- Hedge
- Placing a bet on the opposite outcome of an existing wager to secure a profit or minimize potential loss.
- In-Play
- Betting that takes place after an event has started, with odds that update in real time.
- Juice
- The commission or vigorish that a sportsbook charges, typically built into the odds, representing the book’s profit margin.
- Kelly Criterion
- A mathematical formula used to determine the optimal size of a bet based on your edge and the odds.
- KYC
- "Know Your Customer," a process where the sportsbook verifies a bettor’s identity to prevent fraud, money laundering, and under‑age gambling.
- Matched Betting
- A technique that uses free bets and lay bets to guarantee a profit by covering all possible outcomes of an event.
- Moneyline
- A bet on which team will win the match outright, with odds reflecting the perceived strength of each side.
- Odds
- The numerical representation of the likelihood of an outcome, indicating how much you can win relative to your stake.
- Over/Under
- A bet on whether a specific statistic (like total goals) will be higher or lower than a line set by the sportsbook.
- Parlay
- A bet that combines multiple selections; all must win for the bet to pay out, offering larger payouts than single bets.
- Push
- A tie outcome in a market where the bet is refunded because the result matches the exact line.
- Spread Betting
- A betting style where the payout depends on the accuracy of the wager relative to a point spread, rather than a fixed odds outcome.
- Stake
- The amount of money you put on a bet.
- Value Bet
- A wager where the odds offered by the sportsbook are higher than the true probability of the outcome, giving a positive expected return.