Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- American Odds
- Odds expressed as a positive or negative number, showing how much you win on a $100 bet or how much you must stake.
- Arbitrage
- Exploiting differences in odds across different betting sites to guarantee a profit regardless of the result.
- Asian Handicap
- A type of spread betting that eliminates the draw outcome and offers half‑goal handicaps.
- Bankroll
- The total amount of money set aside for betting.
- Cash Out
- An option to settle a bet before the event ends, locking in a profit or limiting a loss.
- Decimal Odds
- A way to express odds as a single number (e.g., 2.50) that includes the returned stake.
- Fractional Odds
- Odds shown as a fraction (e.g., 3/2) indicating profit relative to the stake.
- Free Bet
- A bonus bet that can be used to place a wager without risking your own money.
- Futures Bet
- A wager placed on the outcome of a tournament or award before it is decided.
- Hedge
- Placing a bet on the opposite outcome to reduce risk or guarantee a profit.
- In-Play Betting
- Placing bets on a match while it is already in progress, with odds that update live.
- Juice
- The commission taken by the betting site on a bet, usually built into the odds.
- KYC
- The process of verifying a bettor’s identity to prevent fraud and ensure legal compliance.
- Moneyline
- A bet on which team will win the match, with odds shown as a positive or negative number.
- Odds Boost
- A promotion that increases the payout odds on a specific selection.
- Over/Under
- A bet on whether the total number of goals or points in a match will be higher or lower than a set line.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out.
- Point Spread
- A handicap given to the favorite team to level the playing field, used to determine winning bets.
- Prop Bet
- A bet on a specific event within a match, such as which player scores first.
- Rollover Requirement
- The number of times you must bet a bonus amount before you can withdraw it.
- Self-Exclusion
- A tool that allows you to temporarily or permanently block yourself from betting on the platform.
- Stake
- The amount of money you risk on a bet.
- Unit
- A standard measurement of bet size, often a fixed percentage of your bankroll.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an edge to the bettor.