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Knowledge Base

Glossary

Plain-English definitions for the terminology used across Fan Strategy.

001
Accumulator
A bet that links two or more selections, and all must win for the bet to pay out.
002
Asian Handicap
A handicap given to a team to remove the draw option, expressed in whole or half goals.
003
Bankroll Management
The practice of deciding how much money to risk on bets to avoid running out of funds.
004
Bet Builder
A tool that lets you combine different markets from a single match into one custom bet.
005
Bet Slip
The digital list on a betting site that records the selections you intend to place a wager on.
006
Cash Out
A feature that lets you settle a bet before the event ends, either locking in a profit or limiting a loss.
007
Double Chance
A bet that covers two of the three possible outcomes of a match, increasing your chance of winning.
008
Draw No Bet
A bet that returns your stake if the match ends in a draw, otherwise pays out on the winning team.
009
Each Way
A two-part bet where you back a team to win and also to finish in a paid place, each with its own stake.
010
First Goalscorer
A market where you predict which player will score the first goal in the match.
011
Goal Line
A line set by the bookmaker for the total number of goals in a match, similar to Over/Under but often with whole or half-goal increments.
012
Half Time/Full Time
A bet that predicts both the result at half-time and the final result of a match.
013
Handicap Betting
A bet that gives one team a virtual advantage or disadvantage to balance the perceived difference in ability.
014
In-play Betting
Bets placed after the match has started, with odds that update as the game progresses.
015
Juice
The commission or fee that a bookmaker adds to the odds, usually reflected as a small percentage.
016
Matched Betting
A technique that uses free bets and promotions to create a risk-free profit by covering all outcomes.
017
Odds Format
The way odds are displayed, such as decimal, fractional, or moneyline, each showing potential payout differently.
018
Over/Under
A bet on whether the total number of goals scored in a match will be above or below a set figure.
019
Price Boost
A special increase in odds for a specific selection, offered by the bookmaker as a promotion.
020
Push
A tie result where the bet is refunded because the outcome matches the exact line set by the bookmaker.
021
Roll Over
A requirement to bet the amount of a bonus a certain number of times before you can withdraw any winnings.
022
Stake
The amount of money you place on a bet.
023
Teaser
A type of parlay where you can adjust the point spread or total in your favor for a lower payout.
024
Value Bet
A bet where the odds offered are higher than the true probability of the outcome, suggesting an edge.
025
Void
A bet that is cancelled and all money returned, usually because the event was postponed or the market was not offered.