Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Accumulator
- A type of bet that links multiple selections, with winnings from each selection rolling over to the next.
- Asian Handicap
- A handicap that eliminates the draw by using half‑ or quarter‑goal increments, giving each team an adjusted chance.
- Bankroll Management
- The strategy of deciding how much of your total funds to risk on each bet to avoid going broke.
- Bookmaker
- A company or individual that sets odds and accepts bets on sporting events.
- Both Teams To Score
- A bet on whether each of the two teams will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Closing Line
- The final set of odds available just before an event starts, used to measure betting success.
- Double Chance
- A bet that covers two of the three possible match outcomes, increasing the chance of winning.
- Draw No Bet
- A bet that returns your stake if the match ends in a draw, otherwise you win if your chosen team wins.
- Expected Value
- The average amount you can expect to win or lose per bet over the long run, based on probability.
- Juice
- The commission or fee that a bookmaker charges for taking a bet, built into the odds.
- Kelly Criterion
- A mathematical formula that calculates the optimal bet size based on the perceived edge in a wager.
- 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 outright, with no point spread involved.
- Over/Under
- A wager on whether the total number of goals or points in a match will be above or below a set figure.
- Parlay
- A single bet that combines two or more selections; every selection must win for the bet to pay out.
- Point Spread
- A handicap applied to the underdog to make both teams equally attractive to bettors.
- Public Money
- The total amount of bets placed by recreational bettors, which can shift odds and create betting opportunities.
- Push
- A tie result where the match lands exactly on the spread, resulting in all bets being refunded.
- Reverse Line Movement
- When odds move in the opposite direction to where most bets are being placed.
- Steam
- A rapid, substantial shift in odds caused by heavy betting action on one side.
- Unit
- A standardized bet size, often a percentage of your total bankroll, used to track performance consistently.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an expected profit.
- Vig
- Short for vigorish, the bookmaker’s cut on each bet, often expressed as a percentage of the total wager.