Knowledge Base
Glossary
Plain-English definitions for the terminology used across Stadium View.
- Accumulator
- A bet that combines two or more selections into one wager; all selections must win for the bet to pay out.
- Asian Handicap
- A type of handicap bet that splits the handicap into two parts, often eliminating the draw outcome.
- Bankroll
- The total amount of money you have set aside for betting.
- Bet Builder
- A feature that lets you combine multiple markets from the same match into a single bet.
- Bet Slip
- The digital ticket where you confirm the details of your wager before placing it.
- Cash Out
- An option to settle your bet before the event ends, either locking in a profit or limiting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes (e.g., home win or draw), increasing your chance to win.
- Draw No Bet
- A bet that refunds your stake if the match ends in a draw, so you only win if your chosen team wins.
- Edge
- Your perceived advantage over the bookmaker, often based on analysis or information.
- Even Money
- Odds of 2.00, meaning you win the same amount as your stake if your bet wins.
- Handicap Betting
- A bet that gives one team a virtual advantage or disadvantage to level the playing field.
- In-Play Betting
- Placing a bet after the match has started, with odds that update as the game progresses.
- Juice
- The commission or fee that the bookmaker adds to the odds, also known as 'vig'.
- Kelly Criterion
- A mathematical formula used to calculate the optimal size of a bet based on your edge.
- Lay
- To bet against an outcome happening, essentially acting as the bookmaker.
- Matched Betting
- A technique that uses free bets and promotions to guarantee a profit by covering all possible outcomes.
- Odds
- The payout ratio that determines how much you can win relative to your stake.
- Over/Under
- A bet on whether the total number of goals (or points) will be higher or lower than a set line.
- Parlay
- A bet that links multiple selections together; all must win for a payout, offering higher odds.
- Push
- When a bet ends in a tie, the stake is returned with no win or loss.
- Risk-Free Bet
- A promotion where your stake is refunded if your bet loses, up to a certain amount.
- Stake
- The amount of money you wager on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving you an edge.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings.