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Knowledge Base

Glossary

Plain-English definitions for the terminology used across Goal Moments.

001
Accumulator
A single bet that combines multiple selections, and all must win for the bet to pay out.
002
Arbitrage
Placing bets on all possible outcomes with different bookmakers to guarantee a profit regardless of the result.
003
Asian Handicap
A point spread used in soccer that eliminates the draw outcome and gives a goal advantage or disadvantage to each team.
004
Bankroll
The total amount of money set aside for placing bets.
005
Bookmaker
A company or person that sets odds and accepts bets.
006
Both Teams To Score (BTTS)
A bet on whether each team will score at least one goal during the match.
007
Cashout
A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
008
Correct Score
A bet that predicts the exact final score of a match.
009
Double Chance
A bet that covers two of the three possible match outcomes (win, draw, or loss) in a single wager.
010
Draw No Bet
A bet that refunds your stake if the match ends in a draw, otherwise you win if your chosen team wins.
011
First Goalscorer
A bet on which player will score the first goal in the match.
012
Half-Time/Full-Time
A bet that requires predicting the result at both halftime and the end of the match.
013
Handicap
A numerical advantage given to one team to level the playing field for betting purposes.
014
In-Play
A bet placed after the match has started, with odds that update as the game progresses.
015
Juice
The commission or fee that a bookmaker takes, usually built into the odds.
016
Kelly Criterion
A mathematical formula used to determine the optimal size of a bet based on your edge and the odds.
017
Lay Bet
A bet that a particular outcome will not happen, essentially acting as the bookmaker.
018
Line
The set of odds or point spread offered for a particular bet.
019
Moneyline
A bet on which team will win the match, with odds expressed as a positive or negative number.
020
Odds
The number that indicates how much you can win relative to your stake.
021
Outright Bet
A long‑term bet on which team will win a tournament, group, or other competition.
022
Over/Under
A bet on whether the total number of goals scored in a match will be more or less than a set number.
023
ROI
Return on Investment; the percentage profit or loss relative to the amount wagered.
024
Stake
The amount of money wagered on a single bet.
025
Value Bet
A bet where the odds offered are higher than the true probability of the outcome, giving an expected profit.