Knowledge Base
Glossary
Plain-English definitions for the terminology used across Fan Strategy.
- Accumulator
- An accumulator combines multiple selections into a single bet, with winnings rolling over from each win.
- Asian Handicap
- Asian Handicap gives one team a virtual lead or deficit to make the odds more even.
- Bankroll Management
- Bankroll Management is the practice of budgeting and controlling the money you use for betting.
- Bet Builder
- Bet Builder allows you to combine several markets from the same match into one wager.
- Bet Slip
- Bet Slip is the record of your selected bets and the amount you intend to stake.
- Both Teams to Score
- Both Teams to Score is a bet on whether each side will score at least one goal.
- Cash Out
- Cash Out lets you settle a bet before the match ends, locking in a profit or loss.
- Correct Score
- Correct Score is a bet that predicts the exact final score of a match.
- Double Chance
- Double Chance covers two of the three possible match outcomes in one wager.
- Enhanced Odds
- Enhanced Odds are temporarily boosted prices that increase the potential payout.
- First Goal Scorer
- First Goal Scorer is a bet on which player will score the first goal in a match.
- Free Bet
- A Free Bet is a token you can use to place a bet without risking your own money.
- Half-Time/Full-Time
- Half-Time/Full-Time bets predict the result at both half-time and full-time of a match.
- In-Play Betting
- In-Play Betting lets you place bets on a match while it is still being played.
- Kelly Criterion
- Kelly Criterion is a formula that calculates the optimal size of a bet based on your perceived edge.
- Moneyline
- Moneyline is a simple bet on which team will win the match, with no point spread.
- Odds
- Odds indicate how likely an outcome is and determine the payout for a winning bet.
- Over/Under
- Over/Under bets predict whether a statistic, such as total goals, will be above or below a set number.
- Parlay
- A parlay links multiple selections; all must win for the bet to pay out.
- Pre-Match Betting
- Pre-Match Betting refers to placing bets on a match before it officially starts.
- Push
- A push happens when the result lands exactly on the line, and the stake is returned.
- Settlement
- Settlement is the process of calculating and paying out winnings after an event concludes.
- Stake
- Stake is the amount of money you risk on a bet.
- Stake Limit
- Stake Limit is the maximum amount you can wager on a particular bet or market.
- Value Bet
- A Value Bet occurs when the odds offered are higher than the true probability of the outcome.