Knowledge Base
Glossary
Plain-English definitions for the terminology used across Pitch Notes.
- Accumulator
- A single bet that links multiple selections; all must win for the bet to pay out.
- Asian Handicap
- A handicap system that eliminates the draw outcome and gives a +/- goal advantage to each team.
- Bankroll
- The total amount of money set aside for placing bets.
- Bet Builder
- An online tool that allows you to create a custom wager by combining different markets from the same match.
- Betting Exchange
- A platform where bettors can back or lay outcomes against each other, with the exchange taking a commission.
- Both Teams To Score (BTTS)
- A bet that wins if each side scores at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Combo Bet
- A single bet that links several unrelated selections, offering higher odds but requiring all to win.
- Correct Score
- A bet that requires predicting the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible match outcomes (win, draw, or loss) in one wager.
- First Goal Scorer
- A wager on which player will score the opening goal of the match.
- Half-Time/Full-Time
- A bet that combines the result at half‑time and the result at the end of the match.
- In-Play Betting
- Placing a bet on a match while it is already in progress, with odds that update as the game unfolds.
- Juice
- The commission or fee that a sportsbook charges for taking a bet, often built into the odds.
- Moneyline
- A bet on which team will win the match, with odds expressed as a positive or negative number.
- Odds
- The numerical value that indicates how likely an outcome is and how much you can win relative to your stake.
- Over/Under
- A wager on whether the total number of goals scored in a match will be higher or lower than a set figure.
- Parlay
- A bet that combines two or more individual wagers, all of which must win to return a profit.
- Payout
- The total amount of money you receive when a bet wins, including the original stake plus profit.
- Point Spread
- A handicap given to the underdog and a virtual deficit to the favorite to level the playing field for betting.
- Single Bet
- A straightforward wager on one outcome, such as picking the winner of a match.
- Stake
- The amount of money you risk on a bet.
- Steam Move
- A rapid shift in odds caused by heavy betting action on one side, signaling where public money is flowing.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, suggesting an edge.