Knowledge Base
Glossary
Plain-English definitions for the terminology used across Fan Strategy.
- Accumulator
- A single bet that links multiple selections; all must win for a payout, multiplying the odds together.
- Anytime Goalscorer
- A bet that a selected player will score at any point during the match.
- Asian Handicap
- A handicap system that eliminates the draw by giving a half‑goal or quarter‑goal advantage/disadvantage to each team.
- Bankroll
- The total amount of money you have set aside exclusively for placing bets.
- Both Teams to Score
- A market where you wager on whether each side will score at least one goal during the match.
- Cash Out
- A feature allowing you to settle a bet early, locking in a profit or loss before the event finishes.
- Closing Line
- The final set of odds offered just before the event begins; often considered the most accurate market price.
- Correct Score
- A bet that requires you to predict the exact final score of a match.
- Decimal Odds
- A way to express odds as a single number that includes the stake; multiply your stake by the decimal to calculate total return.
- Double Chance
- A bet covering two of the three possible match outcomes (win, draw, or loss) in one wager.
- Draw No Bet
- A bet that returns your stake if the match ends in a draw, otherwise you win on the selected team.
- Edge
- The perceived advantage a bettor believes they have over the bookmaker’s odds.
- First Goalscorer
- A bet on which player will score the opening goal of the match.
- Fractional Odds
- Traditional odds shown as a fraction; the numerator shows potential profit relative to the denominator (the stake).
- Handicap Betting
- A wager where a virtual advantage or disadvantage is applied to a team to balance the odds.
- Line Movement
- The change in odds or point spreads after they are first posted, reflecting market activity or new information.
- Live Betting
- Placing bets on match outcomes while the game is in progress, with odds that update in real time.
- Moneyline
- A bet that picks the outright winner of a match, with odds either positive or negative indicating underdog or favorite.
- Odds
- The price that reflects the likelihood of a particular outcome and determines the payout for a winning bet.
- Over/Under
- A bet on whether the total number of goals in a match will be higher (over) or lower (under) than a set line.
- Point Spread
- A handicap given to the favorite to level the field; you bet whether the favorite will win by more than the spread.
- Scorecast
- A combination bet where you pick the first goalscorer and the correct final score of the match.
- Stake
- The amount of money you risk on a single bet.
- Vig
- The commission or fee a bookmaker adds to the odds, affecting the total payout.
- Wincast
- A bet that combines choosing a player to score and the team to win the match.