Knowledge Base
Glossary
Plain-English definitions for the terminology used across Pitch Notes.
- Accumulator
- An accumulator combines multiple selections into one bet; all selections must win for you to get a payout.
- Asian Handicap
- Asian handicap gives a team a fractional goal advantage or disadvantage and removes the draw as a betting option.
- Bankroll
- Your bankroll is the total money you have set aside for betting.
- Bet Builder
- Bet Builder allows you to combine different markets from the same match into a single wager.
- Bookmaker Margin
- Bookmaker margin is the built‑in profit percentage that ensures the bookmaker makes money regardless of the result.
- Both Teams To Score
- Both Teams To Score (BTTS) means you win if each side scores at least one goal during the game.
- Cash Out
- Cash Out lets you settle a bet before the event ends, locking in a profit or reducing a 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 results, giving you a higher chance of winning.
- Draw No Bet
- Draw No Bet lets you pick a winner, and your stake is refunded if the match ends in a draw.
- Edge
- Edge is the perceived statistical advantage you have over the bookmaker's odds.
- Juice
- Juice, also called vig, is the commission the bookmaker includes in the odds.
- Kelly Criterion
- Kelly Criterion is a formula that calculates the optimal bet size based on the edge you think you have.
- Line Movement
- Line movement refers to changes in odds or spreads after they are first posted, often caused by betting activity.
- Live Betting
- Live betting lets you place bets on a match while it is being played, with odds that update in real time.
- Moneyline
- A moneyline bet is a wager on which team will win the match, with positive or negative numbers showing the payout.
- Odds
- Odds indicate how much you can win relative to your stake; higher odds mean a larger potential payout.
- Odds Boost
- Odds Boost is a promotion that increases the odds on a specific selection, giving you a bigger potential win.
- Over/Under
- An over/under bet predicts whether the total number of goals in a match will be more or less than a set line.
- Spread
- A spread assigns a handicap to the favorite to make both outcomes equally attractive for betting.
- Stake
- The stake is the amount of money you risk on a bet.
- Tournament Winner
- Tournament Winner is a bet on which team will win the entire competition, such as the World Cup.
- Unit
- A unit is a standard bet size, often a percentage of your bankroll, used to manage risk.
- Value Bet
- A value bet occurs when the odds offered are higher than the true probability suggests, giving you an advantage.