Knowledge Base
Glossary
Plain-English definitions for the terminology used across Fan Strategy.
- Arbitrage
- Taking advantage of differing odds across bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A spread that removes the draw option and uses half‑ or quarter‑goal lines to balance the match.
- Bankroll Management
- The practice of budgeting how much money to risk and tracking your wins and losses.
- Bet Slip
- The digital record that lists your selected bets and shows the potential payout.
- Bookmaker Margin
- The built‑in profit that a bookmaker includes in the odds, often expressed as an overround.
- Both Teams To Score (BTTS)
- A wager on whether each team will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the event finishes, locking in a profit or a loss.
- Decimal Odds
- An odds format shown as a single number that includes your stake in the payout.
- Draw No Bet
- A bet where you win if your team wins, and you get your stake back if the match ends in a draw.
- Enhanced Odds
- Temporary better odds offered by a bookmaker to attract customers.
- Fractional Odds
- Odds expressed as a fraction, such as 5/1, meaning you win five units for each one unit wagered.
- Free Bet
- A promotional token that allows you to place a bet without using your own money.
- In‑Play Betting
- Placing bets after the match has started, with odds that change as the game unfolds.
- Juice
- The commission a bookmaker charges for accepting a bet, reflected in the odds.
- KYC
- The process of verifying a customer's identity, usually required before you can withdraw funds.
- Moneyline Odds
- Odds displayed as a positive or negative figure indicating the underdog or favorite.
- Odds
- The number that tells you how much you can win for each unit you stake.
- Over/Under
- A bet on whether the total number of goals in a match will be higher or lower than a set line.
- Parlay
- A single bet that combines two or more selections and pays out only if all of them win.
- Point Spread
- A handicap assigned to the underdog to make both sides equally attractive for betting.
- Responsible Gambling
- Tools like deposit limits or self‑exclusion that help you stay in control of your betting.
- Rollover Requirement
- A condition that you must wager the bonus amount a set number of times before you can withdraw it.
- Single
- A straightforward bet placed on one outcome only.
- Stake
- The amount of money you put on a bet.
- Value Bet
- A selection where the odds are higher than the true probability suggests, giving you an expected edge.