Knowledge Base
Glossary
Plain-English definitions for the terminology used across Football Compass.
- Accumulator
- A single bet that links multiple selections; all must win for the bet to pay out.
- AML
- Anti‑Money Laundering – laws and procedures that prevent illegal funds from being used in betting.
- Asian Handicap
- A point spread that gives one team a half‑goal or whole‑goal advantage to balance the match.
- Bankroll
- The total money you have set aside for betting.
- Bookmaker Margin
- The built‑in profit margin in odds, expressed as a percentage, that the bookmaker expects to earn.
- Both Teams to Score
- A wager that both sides will score 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.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, loss) in a single wager.
- Draw No Bet
- A bet that returns your stake if the match ends in a draw, otherwise you win on the chosen side.
- Edge
- The statistical advantage a bettor believes they have over the bookmaker’s odds.
- In-Play
- Betting on events while the match is already in progress, with odds updating live.
- Juice
- The commission or vig that a bookmaker adds to the odds, ensuring a profit regardless of outcome.
- KYC
- Know Your Customer – the process of verifying a bettor’s identity to prevent fraud and comply with regulations.
- Market Movement
- Changes in odds or betting limits that reflect the flow of bets and new information.
- Moneyline
- A straight‑up bet on which team will win the match, with odds reflecting the probability.
- Odds Compiler
- A specialist who sets the odds for events based on data, statistics, and market trends.
- Outright Bet
- A bet on which team will win a tournament or league before it begins.
- Over/Under
- A bet on whether the total number of goals in a match will be over or under a set number.
- Parlay
- A multi‑selection bet where each choice must win to generate a payout, similar to an accumulator.
- Self‑Exclusion
- A voluntary program that allows a bettor to block their own account for a set period to control gambling.
- Stake
- The amount of money you risk on a single bet.
- Steam
- Rapid movement of odds on a market, often caused by heavy betting action from sharp bettors.
- Value Bet
- A bet where the odds offered are higher than the true probability suggests, giving an expected edge.