Knowledge Base
Glossary
Plain-English definitions for the terminology used across Pitch Notes.
- Accumulator
- A single bet that combines two or more selections; all must win for the bet to pay out.
- Asian Handicap
- A goal-line bet that gives a virtual advantage or disadvantage to a team to level the playing field.
- Bankroll
- The total amount of money you set aside for placing bets.
- Bet Builder
- A tool that lets you combine different outcomes from a single match into one custom wager.
- Bet Slip
- The record on the betting site that lists your chosen bets and how much you plan to stake.
- Both Teams to Score
- A market where you bet on whether both teams will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or reducing a loss.
- Correct Score
- A wager on the exact final score of a match, such as 2‑1 or 3‑0.
- Double Chance
- A bet that covers two of the three possible match outcomes, increasing your chance of winning.
- 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.
- Even Money
- A bet with odds of 2.00, meaning a win returns double the amount you staked.
- First Goalscorer
- A wager on which player will score the first goal in a match.
- Half-Time/Full-Time
- A bet that predicts the result at both half-time and full-time, requiring both predictions to be correct.
- In-Play Betting
- Betting on a match after it has started, with odds that change as the game unfolds.
- Joint Favorite
- A selection that shares the lowest odds with another selection, indicating both are equally likely to win.
- Lay Bet
- A bet that a specific outcome will not happen, typically used on betting exchanges.
- Live Odds
- The constantly updated odds offered during in-play betting, reflecting the current state of the match.
- Odds Format
- The way odds are displayed, such as decimal, fractional, or moneyline, showing potential payout.
- Over/Under
- A bet on whether a statistic, like total goals, will be over or under a set number.
- Payout
- The total amount returned to you after a winning bet, including your original stake.
- Scorecast
- A bet that combines predicting the first goalscorer with the correct final score of the match.
- Stake
- The amount of money you risk on a bet.
- Tipster
- A person or service that provides expert predictions and betting recommendations.
- Value Bet
- A bet where the odds appear higher than the true probability of the outcome, suggesting a potential edge.
- Void Bet
- A bet that is canceled and your stake is returned, usually because the event did not happen.