Knowledge Base
Glossary
Plain-English definitions for the terminology used across Pitch Notes.
- Asian Handicap
- A handicap system that eliminates the draw, using quarter-goal increments to split stakes.
- Bankroll
- The total amount of money set aside for betting.
- Bet Builder
- A feature allowing you to combine multiple markets from a single match into one custom wager.
- Bookmaker
- The company that sets odds and accepts bets.
- Both Teams To Score (BTTS)
- A wager that both sides will score at least one goal during the match.
- Cash Out
- The option to settle a bet before the event ends, locking in a profit or cutting a loss.
- Cashback
- A promotion that returns a percentage of your losses over a set period, credited as bonus funds.
- Correct Score
- A bet predicting the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible outcomes in a match, such as a home win or draw.
- Draw No Bet
- A bet that returns your stake if the match ends in a draw, otherwise you win on the chosen team.
- First Goalscorer
- A bet on which player will score the first goal in the game.
- Free Bet
- A promotional credit that lets you place a bet without risking your own money, usually with certain conditions.
- Half-Time/Full-Time
- A bet that combines the result at half-time and the result at full-time in one wager.
- Handicap
- A point adjustment given to one team to create balanced odds for both sides.
- In-Play
- Bets placed after the match has started, with odds that update as the game progresses.
- Juice
- The commission or fee charged by the bookmaker on a winning bet, also called vigorish.
- Moneyline
- A bet on which team will win the match, with odds expressed as a positive or negative number.
- Odds
- Odds indicate how much you can win for each unit you wager, reflecting the likelihood of an outcome.
- Outright
- A bet on the overall winner of a tournament, group, or competition, rather than a single match.
- Over/Under
- A bet on whether the total number of points or goals scored will be over or under a set line.
- Parlay
- A single bet that combines two or more selections; all must win for the bet to pay out.
- Point Spread
- A handicap applied to the favored team to level the betting field, expressed as a spread of points.
- Stake
- The amount of money you risk on a bet.
- To Win to Nil
- A wager that a team will win the match without conceding any goals.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings.