Knowledge Base
Glossary
Plain-English definitions for the terminology used across Stadium View.
- 1X2
- A market where you bet on either the home team to win (1), a draw (X), or the away team to win (2).
- Arbitrage
- Exploiting differing odds across bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A handicap given to each team to eliminate the draw option, making only two possible outcomes.
- Bankroll
- The total amount of money you have set aside for betting activities.
- Bet Builder
- An online tool that lets you combine multiple markets from the same match into one custom bet.
- Bookmaker
- A company that sets odds and accepts bets on sporting events.
- Both Teams To Score
- A bet on whether both teams will score at least one goal during the match.
- Cashout
- A feature that lets you settle a bet before the event ends, locking in a profit or loss.
- Double Chance
- A bet that covers two of the three possible outcomes in a match, increasing your chance of winning.
- Draw No Bet
- A bet that returns your stake if the match ends in a draw, otherwise you win on the chosen team.
- Expected Value
- The average amount you can expect to win or lose per bet over the long run, based on probability.
- Free Bet
- A bonus bet token given by a sportsbook, usually with wagering conditions before withdrawal.
- Goal Line
- A line set by the bookmaker for the total goals in a match, similar to Over/Under, often with decimal values.
- Hedge
- Placing a bet on the opposite outcome to an existing bet to reduce risk or secure a profit.
- House Edge
- The built-in profit margin of a bookmaker, expressed as a percentage of each bet.
- In-Play
- Betting on a match while it is currently being played, with odds that change as the game unfolds.
- Odds Boost
- A promotion that increases the odds on a specific bet, giving you a higher potential payout.
- Over/Under
- A bet on whether the total number of goals in a match will be over or under a set number.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out.
- Partial Cashout
- A cashout option that lets you take only part of the offered amount while leaving the rest of the bet active.
- Same-Game Parlay
- A parlay that includes multiple markets from a single game, all must win.
- Single Bet
- A bet placed on one outcome, as opposed to multiple selections in a parlay.
- Stake
- The amount of money you place on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving you an edge.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings.