Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Arbitrage
- A betting strategy that exploits differences in odds across sportsbooks to guarantee a profit regardless of the outcome.
- Asian Handicap
- A bet that gives one team a fractional or whole goal advantage, eliminating the draw as a betting option.
- Banker Bet
- A selection that is almost certain to win, used to boost the odds of a riskier bet.
- Bankroll Management
- The practice of setting a betting budget and sticking to it, so you don't risk money you can't afford to lose.
- Both Teams To Score
- A bet on whether each side will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the match ends, locking in a profit or cutting a loss.
- Correct Score
- A wager that predicts the exact final score of a match.
- Draw No Bet
- A market where you pick a team to win, and you get your stake back if the match ends in a draw.
- First Goal Scorer
- A bet on which player will score the first goal in the match.
- Futures
- A long-term bet on an event that will be decided weeks or months later, such as who will win the World Cup.
- Goal Line
- The total number of goals set by the sportsbook for a match; you bet on over or under that line.
- Half-Time/Full-Time
- A bet that combines the result of the first half with the final result of the match.
- In-Play Betting
- Placing a bet on a match after it has started, with odds that change as the game unfolds.
- Kelly Criterion
- A formula that calculates the best fraction of your bankroll to bet based on your edge.
- Moneyline
- A bet on which team will win the match outright, with odds that reflect each team's chance of winning.
- Odds
- The number that shows how likely an outcome is and how much you can win if your bet is correct.
- Over/Under
- A bet on whether the total number of goals in a match will be more or less than a number set by the sportsbook.
- Parlay
- A single bet that combines two or more selections; all must win for you to receive a payout.
- Payout
- The total amount of money you receive when a bet wins, including your original stake.
- Point Spread
- A handicap added to the final score to make one team appear stronger, so bettors can wager on the margin of victory.
- Round Robin
- A system bet that creates multiple smaller parlays from your selections, so you can win even if some legs lose.
- Stake
- The amount of money you put on a bet.
- System Bet
- A bet that covers multiple combinations of your selections, allowing you to win even if some legs lose.
- Vig
- The commission a sportsbook charges for taking your bet, included in the odds so the book makes a profit.