Knowledge Base
Glossary
Plain-English definitions for the terminology used across Stadium View.
- Acca
- An accumulator bet that combines two or more selections into a single wager; all must win for a payout.
- Asian Handicap
- A spread bet that gives one team a fractional goal advantage or disadvantage, eliminating the draw outcome.
- Bet Builder
- A tool that lets you combine different markets from the same match into one custom bet.
- Bookmaker
- A company that sets odds and accepts bets on sporting events.
- Cash Out
- A feature that lets you settle a bet early, locking in a profit or cutting a loss before the event ends.
- Double Chance
- A bet that covers two of the three possible outcomes in a match, increasing your chance of winning.
- Draw No Bet
- A market where you pick a team to win; if the match ends in a draw, your stake is refunded.
- Edge
- The perceived advantage a bettor believes they have over the bookmaker’s odds.
- Expected Goals (xG)
- A stat that estimates how many goals a team should score based on the quality of its chances.
- Fractional Odds
- Traditional odds displayed as a fraction, showing how much profit you make per unit staked.
- Handicap
- A fictitious advantage or disadvantage applied to a team to create balanced betting odds.
- In-Play
- Bets placed after a match has started, with odds that update as the game unfolds.
- Kelly Criterion
- A formula used to determine the optimal size of a bet based on your edge and odds.
- Lay
- To bet against an outcome, acting as the bookmaker and accepting bets from other players.
- Margin
- The bookmaker’s built-in profit margin, embedded in the odds, that ensures they make money regardless of the result.
- Market
- A specific category of betting options for an event, such as match result, total goals, or player props.
- Odds
- The number that reflects the likelihood of an outcome and determines 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 set value.
- Payout
- The total amount of money returned to you after a winning bet, including your original stake.
- Push
- A tie result in a market that leads to all bets being refunded.
- Spread
- The expected difference in goals or points between two teams, used to set handicap lines.
- Stake
- The amount of money you risk on a bet.
- Unit
- A standardized betting amount used to measure the size of your bets across different events.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an expected positive return.
- Wagering Requirement
- A condition that requires you to bet a certain amount before bonus funds can be withdrawn.