Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Accumulator
- A bet that combines multiple selections and multiplies the odds, with all must win to return a profit.
- Arbitrage
- Betting on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A handicap that splits the bet across two lines, reducing the chance of a push and offering more flexible betting options.
- Bankroll
- The total amount of money you have set aside for betting, used to manage how much you can afford to risk.
- Bet Builder
- An online tool that allows you to create custom bets by combining different markets from the same match.
- Bookmaker Margin
- The percentage the bookmaker keeps from a market, ensuring they profit regardless of the outcome.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or cutting a loss.
- Closing Line
- The final odds available just before an event starts; beating the closing line indicates a successful prediction.
- Edge
- The perceived advantage you have over the bookmaker's odds, often based on analysis or inside information.
- Futures
- Bets placed on long‑term outcomes such as which team will win the tournament or who will be the top scorer.
- Juice
- The commission charged by the bookmaker on a bet, typically built into the odds as an extra margin.
- Line Movement
- Changes in the odds or spread after they are first posted, often caused by betting action or new information.
- Live Betting
- Betting on a match while it is in progress, with odds that update in real time as the game unfolds.
- Moneyline
- A bet on which team will win the match outright, with odds expressed as a positive or negative number.
- Odds
- Odds indicate how much you can win for each unit you wager, reflecting the implied probability of an outcome.
- Over/Under
- A bet on whether the total number of goals in a match will be more or less than a set figure.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out, offering higher odds.
- Prop Bet
- A bet on a specific event within a match, such as which player will score first or the number of cards issued.
- Public Money
- The amount of bets placed by casual bettors, often used by bookmakers to balance risk and adjust odds.
- Spread
- A points handicap that one team must cover for a bet on them to win, used to level the playing field.
- Stake
- The amount of money you place on a bet, determining the size of your potential win or loss.
- Unit
- A standard measurement of bet size, often a fixed percentage of your bankroll, used to keep betting consistent.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, giving you a statistical edge.
- Vig
- Short for vigorish, another term for the bookmaker's commission or the cut they take from each wager.