Knowledge Base
Glossary
Plain-English definitions for the terminology used across Fan Strategy.
- Acca
- A single bet that combines two or more selections; all must win for the bet to pay out.
- Asian Handicap
- A handicap given to teams to level the playing field, eliminating the draw and offering two possible outcomes.
- Bankroll Management
- The practice of setting and sticking to a budget for betting to avoid overspending.
- Bet Builder
- A tool that lets you combine multiple outcomes from a single match into one custom bet.
- Betting Market
- A specific betting option or category, such as the winner, total goals, or player prop.
- Bookmaker
- A company that sets odds and accepts bets, also known as a sportsbook.
- Both Teams to Score
- A market where you bet on whether each side 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.
- Cashback
- A promotion that returns a percentage of net losses over a period, as a free bet or bonus.
- Correct Score
- A bet that predicts the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible outcomes (home win, draw, or away win) in a single match.
- First Goal Scorer
- A market where you pick the player you think will score the first goal in the game.
- In-Play Betting
- Placing a bet after the match has started, with odds that update as the game progresses.
- KYC
- The process of verifying a player's identity to prevent fraud and ensure legal compliance.
- Live Odds
- Dynamic odds that change in real time as the event unfolds, reflecting the current state of play.
- Odds Comparison
- Comparing the odds offered by different bookmakers to find the best value for a bet.
- Over/Under
- A bet on whether the total number of goals (or points) will be above or below a set line.
- Push
- When a bet ends in a tie and the stake is returned, often in point spread markets.
- Responsible Gambling
- Policies and tools that help players stay in control, such as deposit limits and self‑exclusion.
- Rollover
- A requirement to bet the amount of a deposit or bonus a set number of times before cashing out.
- RTP
- The percentage of total bets a game returns to players over time, indicating expected payout.
- Stake
- The amount of money you place on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability, giving an expected edge.
- Volatility
- How often and how much a game pays out; high volatility means bigger but less frequent wins.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings.