Knowledge Base
Glossary
Plain-English definitions for the terminology used across Fan Strategy.
- 1X2 Betting
- A three‑way market where you bet on the home team to win (1), the match to end in a draw (X), or the away team to win (2).
- Accumulator
- A type of bet that combines several selections, with each win increasing the overall odds and potential payout.
- Arbitrage Betting
- Betting on all possible outcomes across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A handicap applied to each team that removes the draw option, giving one side a fractional advantage or disadvantage to equalize the chances.
- Bankroll
- The total amount of money you have set aside for placing bets.
- Bet Builder
- A tool that lets you combine several different markets from the same match into a single wager.
- Bet Slip
- The record of the bets you have selected and the amount you intend to stake before confirming.
- Betting Market
- A specific event or outcome you can bet on, such as match result, total goals, or a player statistic.
- Bookmaker
- The company or service that sets odds and accepts bets from punters.
- Both Teams To Score
- A bet 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 ends, either to secure a profit or cut a loss.
- Double Chance
- A bet that covers two of the three possible results of a match, such as home win or draw.
- Goal Line
- A line set by the bookmaker for the total number of goals in a match, similar to over/under.
- Half‑Time/Full‑Time
- A bet that requires you to correctly predict both the score at half‑time and the final result.
- In‑Play Betting
- Placing bets on a match while it is happening, with odds that update as the game unfolds.
- Juice
- The commission or margin the bookmaker includes in the odds, which reduces the payout for bettors.
- Maximum Bet
- The highest amount a bookmaker will allow you to stake on a particular market or event.
- Odds Format
- The way odds are presented, such as decimal, fractional, or moneyline, each showing how much you can win per unit staked.
- Over/Under
- A bet on whether the total number of goals (or another stat) will be over or under a specified figure set by the bookmaker.
- Parlay
- A single bet that links two or more selections; every pick must win for the bet to pay out.
- Pre‑Match Betting
- Placing bets on a match before it starts, using odds set by the bookmaker.
- Punter
- A person who places bets on sports outcomes.
- Stake
- The amount of money you risk on a bet, which determines your potential profit if the bet wins.
- Unit
- A standard bet size, usually a small percentage of your bankroll, used to manage risk.
- Value Bet
- A bet where the odds offered by the bookmaker are higher than the true probability of the outcome, suggesting an edge.