Knowledge Base
Glossary
Plain-English definitions for the terminology used across Stadium View.
- Accumulator
- A single bet that combines multiple selections; all must win for the bet to pay out, multiplying the odds.
- American Odds
- Odds displayed as a positive or negative number, indicating how much you win on a $100 bet or how much you must stake to win $100.
- Arbitrage Betting
- Placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A type of handicap that splits the bet into two parts, removing the draw and giving each team a different goal advantage.
- Bankroll
- The total amount of money set aside for betting, used to manage stakes and avoid spending beyond your means.
- Betting Market
- A specific set of odds and outcomes offered for a particular event, such as match result, goals, or player props.
- Both Teams to Score
- A bet that wins if each side scores at least one goal during the match, regardless of the final result.
- Cash Out
- A feature allowing you to settle a bet before the event ends, locking in a profit or minimizing a loss.
- Decimal Odds
- Odds expressed as a single number that includes the stake; the total return is the odds multiplied by the bet amount.
- Draw No Bet
- A bet that refunds your stake if the match ends in a draw, paying out only if your chosen team wins.
- Fractional Odds
- Odds shown as a fraction, indicating how much profit you make relative to your stake (e.g., 5/1 means $5 profit for every $1 wagered).
- In-Play Betting
- Placing a bet on a match while it is ongoing, with odds that update as the game progresses.
- Kelly Criterion
- A mathematical formula that calculates the optimal size of a bet based on the perceived edge and odds.
- Lay Betting
- Betting that an outcome will not happen, typically offered on betting exchanges where you act as the bookmaker.
- Margin
- The bookmaker’s built-in advantage, expressed as a percentage, which ensures they make a profit over the long term.
- Moneyline
- A bet that picks which team will win the match, with odds shown as positive or negative numbers.
- Over/Under
- A wager on whether the total number of goals in a match will be higher or lower than a set number.
- Point Spread
- A handicap given to the favorite team to level the playing field, requiring them to win by a certain margin for the bet to pay out.
- Responsible Gambling
- Practices and tools designed to help you bet safely, such as setting deposit limits and knowing when to stop.
- Self-Exclusion
- A formal option to ban yourself from betting sites for a set period, helping to prevent gambling-related harm.
- Single Bet
- A wager on one outcome only; the bet wins or loses based on that single selection.
- Sportsbook
- A company or platform that accepts bets on sporting events, offering odds and markets for customers to wager.
- Stake
- The amount of money you place on a bet, which determines the potential payout if the bet wins.
- Value Bet
- A bet where the odds offered by the bookmaker are higher than the true probability of the outcome, giving an expected profit over time.
- Vigorish
- The commission charged by a bookmaker on losing bets, also called juice, which ensures the book makes a profit.