Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Accumulator
- An accumulator combines multiple selections into one bet, and all must win for you to receive a payout.
- Arbitrage
- Arbitrage, or 'arbing', exploits differences in odds across bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- Asian Handicap gives a team a positive or negative goal advantage to level the playing field, removing the draw option.
- Bankroll Management
- Bankroll Management means setting a budget for betting and sticking to stake sizes that keep you in the game long term.
- Bet Builder
- Bet Builder is a tool that lets you combine different markets from the same match into a single custom wager.
- Both Teams To Score (BTTS)
- Both Teams To Score, or BTTS, is a bet on whether each side will score at least one goal during the match.
- Cash Out
- Cash Out lets you settle your bet before the event ends, locking in a profit or limiting a loss based on current odds.
- Cashback
- Cashback is a refund of a portion of your losses, usually credited as a bonus that you can use to bet again.
- Commission
- Commission is the fee a betting exchange charges on your net winnings, usually a small percentage of the profit.
- Hedge
- Hedge betting involves placing a second bet on the opposite outcome to secure a profit or reduce risk on an existing wager.
- In-Play
- In-Play refers to odds and markets available during a match, letting you bet on events as they happen.
- Kelly Criterion
- Kelly Criterion is a formula that calculates the optimal fraction of your bankroll to wager based on your perceived edge.
- Lay Bet
- A lay bet is a wager that an outcome will not happen, such as betting against a team winning, common on betting exchanges.
- Live Betting
- Live Betting allows you to place bets on a match while it is in progress, with odds that change as the game unfolds.
- Moneyline
- A moneyline bet is a straightforward wager on which team will win a match, with odds reflecting the outright winner.
- Odds
- Odds represent the likelihood of an outcome and determine how much you can win if your bet is correct.
- Over/Under
- Over/Under bets predict whether the total number of goals in a match will be more or less than a set line.
- Parlay
- A parlay is a single bet that links two or more selections; all must win for you to collect any winnings.
- Provably Fair
- Provably Fair describes a system that lets players verify that each game result is random and not manipulated.
- RTP
- RTP stands for Return to Player, the percentage of total bets a game pays back to players over time.
- Self-Exclusion
- Self-Exclusion is a tool that lets you temporarily block your own account to help prevent problem gambling.
- System Bet
- A system bet is a combination of multiple selections that creates several smaller bets, allowing you to win even if some selections lose.
- Value Bet
- A value bet is when you think the odds offered are higher than the true probability of the outcome, giving you an edge.
- Volatility
- Volatility measures how often and how much a game can pay out; high volatility means bigger but rarer wins.
- Wagering Requirement
- A wagering requirement is the number of times you must bet a bonus before you can withdraw any winnings.