Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Accumulator
- A single bet that links two or more selections; all must win for the bet to pay out, multiplying the odds together.
- Asian Handicap
- A spread betting method that gives a half‑goal or quarter‑goal advantage or disadvantage to each team, eliminating the draw as a possible outcome.
- Bankroll
- The total amount of money you have set aside for betting, separate from your everyday finances.
- Bookmaker
- A company that accepts bets on sporting events and sets the odds for each outcome.
- 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 that lets you settle a bet before the event ends, locking in a profit or cutting a loss based on current odds.
- Cashback
- A promotion that returns a percentage of your losses over a set period, credited as a free bet or cash.
- Decimal Odds
- Odds expressed as a single number that includes the stake, used to calculate the total return for a winning bet.
- Double Chance
- A bet that covers two of the three possible match results (e.g., home win or draw) increasing your chance of winning.
- Draw No Bet
- A bet where you win if your chosen team wins, and you receive your stake back if the match ends in a draw.
- Each-Way
- A two‑part wager where half the stake backs the selection to win and the other half backs it to finish in a placed position (usually top 3).
- Free Bet
- A bonus bet credited to your account that can be used to place a wager without risking your own funds.
- Goal Line
- A market where you predict whether the total number of goals in a match will be over or under a specified number.
- Handicap Betting
- A bet that applies a virtual advantage or disadvantage to a team to level the playing field, altering the odds.
- In-Play
- Bets placed after the match has started, with odds that update continuously as the game progresses.
- Kelly Criterion
- A mathematical formula that calculates the optimal fraction of your bankroll to bet based on your perceived edge.
- KYC
- The process of verifying a bettor’s identity and age to prevent fraud and ensure compliance with regulations.
- Licensed Operator
- A betting site that holds a valid gambling license from a recognized regulatory authority, ensuring fair play and consumer protection.
- Margin
- The bookmaker’s built‑in profit margin, expressed as a percentage, which ensures the odds favour the operator over the long term.
- Over/Under
- A market where you wager on whether a specific statistic (goals, cards, corners) will be above or below a set threshold.
- Push
- A tie result where the bet exactly matches the line, resulting in the stake being refunded.
- Stake
- The amount of money you risk on a bet, which is multiplied by the odds to determine your potential payout.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, giving an expected positive return.
- Void Bet
- A bet that is cancelled and the stake returned, usually because a match was postponed or a condition was not met.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings earned from it.