Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Asian Handicap
- Asian handicap is a type of spread betting that eliminates the draw option and offers split handicaps for more balanced odds.
- Bankroll
- Your bankroll is the total amount of money you have set aside for betting.
- Bet Builder
- Bet builder lets you combine multiple markets from a single match into one custom bet with adjusted odds.
- Bet Slip
- A bet slip is the record on the sportsbook where you confirm your selected bets and enter your stake.
- Bonus
- A bonus is extra funds or free bets that a sportsbook gives you, often as part of a promotion.
- Cash Out
- Cash out allows you to settle a bet before the event ends, either to lock in a profit or cut a loss.
- Free Bet
- A free bet is a bet you can place without using your own money, with any winnings usually returned to you.
- House Edge
- House edge is the percentage of each bet that the sportsbook expects to keep as profit over time.
- In-Play Betting
- In-play betting lets you place bets on a match while it is happening, with odds that update as the game progresses.
- Juice
- Juice, also called vig, is the commission the sportsbook charges for taking a bet, reflected in the odds.
- Maximum Bet
- Maximum bet is the highest amount you are allowed to stake on a single bet.
- Moneyline
- A moneyline bet is a simple wager on which team will win a match, with odds shown as a positive or negative number.
- Odds
- Odds tell you how much you can win if your bet wins, expressed as numbers that reflect the likelihood of an outcome.
- Odds Format
- Odds format is the style in which betting odds are displayed, such as decimal, fractional, or American.
- Over/Under
- An over/under bet asks whether the total score of a match will be higher or lower than a number set by the bookmaker.
- Parlay
- A parlay combines multiple selections into a single bet, and all of them must win for the bet to pay out.
- Payout
- Payout is the total amount of money you receive when a bet wins, including your original stake.
- Point Spread
- A point spread assigns a handicap to the favorite team to level the betting field, requiring them to win by a certain margin.
- Price Boost
- A price boost is an increase in the odds for a specific selection, giving you a higher potential payout.
- Rollover
- Rollover is the total amount you must wager before a bonus or deposit can be withdrawn.
- Self-Exclusion
- Self-exclusion is a tool that lets you temporarily block yourself from betting on the site for a set period.
- Stake
- The stake is the amount of money you risk on a bet.
- Stake Limits
- Stake limits are the minimum and maximum amounts you can wager on a particular bet or market.
- Void
- Void means a bet is canceled and your stake is returned, usually because a match was postponed or a market was not resolved.
- Wagering Requirement
- A wagering requirement is the number of times you must bet a bonus amount before you can withdraw any winnings from it.