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 handicap given to a team to level the match, with possible half or quarter goal advantages, reducing the chance of a draw.
- Bankroll
- The total amount of money set aside for betting, used to manage stakes and avoid overspending.
- Bet Builder
- A feature that lets you combine multiple outcomes from the same match into a single wager.
- Cash Out
- An option to settle a bet before the event ends, either locking in a profit or limiting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes (home win/draw, away win/draw, or win for either side) in a single wager.
- Draw No Bet
- A bet where you win if your chosen team wins, and get your stake back if the match ends in a draw.
- Edge
- The perceived advantage you believe you have over the bookmaker’s odds for a specific outcome.
- Enhanced Odds
- Promotional odds that are higher than the standard market, offered for a limited time to attract bets.
- Free Bet
- A no-cost bet token given by the brand, usually requiring a qualifying loss or deposit to unlock.
- Handicap Betting
- A bet that gives one team a virtual advantage or disadvantage to balance the odds.
- In-Play Betting
- Placing bets on events while the match is already in progress, with odds updating live.
- Lay Bet
- A bet that a specific outcome will not happen, essentially acting as the bookmaker against other bettors.
- Live Betting
- A version of in‑play betting that offers a broader range of markets as the game unfolds, often with rapid odds changes.
- Margin
- The built‑in profit margin a bookmaker includes in the odds, expressed as a percentage.
- Market
- A category of betting options for a match, such as winner, total goals, or player props.
- Odds Format
- The way odds are displayed, such as decimal, fractional, or moneyline, affecting how potential returns are calculated.
- Over/Under
- A bet on whether a statistic, usually total goals, will be higher or lower than a set number.
- Parlay
- Another term for an accumulator, linking multiple selections for a larger combined payout.
- Payout
- The total amount of money returned to you after a winning bet, including the original stake.
- Stake
- The amount of money you risk on a particular bet.
- Terms & Conditions
- The set of rules and restrictions that govern a promotion or betting offer.
- Underdog
- The team or player expected to lose, often given higher odds to reflect lower chance of winning.
- Value Bet
- A wager where the odds offered are believed to be higher than the true probability of the outcome, indicating potential profit.
- Winning Margin
- A bet predicting the exact difference in score between the winning and losing team.