Knowledge Base
Glossary
Plain-English definitions for the terminology used across Stadium View.
- 1X2
- A three-outcome market where you bet on a home win (1), draw (X), or away win (2).
- Accumulator
- A single bet that links multiple selections; all must win for a payout, multiplying the odds.
- Arbitrage
- Placing bets on all possible outcomes of an event across different betting sites to guarantee a profit regardless of result.
- Asian Handicap
- A spread that gives a virtual advantage or disadvantage to each team, eliminating the draw and balancing odds.
- Bankroll Management
- The practice of setting a budget for betting and deciding how much to wager on each bet.
- Bet Builder
- A feature that allows you to combine multiple markets from a single match into one custom wager.
- Both Teams To Score (BTTS)
- A wager that both sides 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 limiting a loss.
- Correct Score
- A bet predicting the exact final score of a match, offering higher odds for less likely results.
- Decimal Odds
- A way to express odds as a single number (e.g., 2.50) that includes the stake and represents total payout.
- Double Chance
- A bet that covers two of the three possible outcomes (e.g., home win or draw), reducing risk.
- Edge
- The statistical advantage a bettor has over the betting site’s odds, often calculated as expected value.
- Fractional Odds
- Odds shown as a fraction (e.g., 3/2) indicating how much profit you earn relative to the stake.
- Free Bet
- A promotional token that lets you place a bet without using your own money; winnings usually exclude the free bet stake.
- Half-Time/Full-Time
- A bet that combines the result at halftime and the result at the end of the match.
- In-Play Betting
- Placing or adjusting bets after a match has started, with odds that update in real time.
- Kelly Criterion
- A formula that calculates the optimal fraction of your bankroll to bet based on perceived edge.
- Moneyline
- A straight win bet on which team will win a match, without any point spread.
- Over/Under
- A bet on whether the total number of goals in a match will be more or less than a set figure.
- Parlay
- A type of accumulator that combines two or more bets, with odds multiplied and all selections required to win.
- Pre-Match
- Betting on a market before the match begins, with odds fixed at the time of the wager.
- Stake
- The amount of money you wager on a bet.
- System Bet
- A multiple bet that includes various combinations of selected teams, allowing a win even if some selections lose.
- Unit
- A standard measurement (often a percentage of your bankroll) used to size bets consistently.
- Value Bet
- A bet where the odds offered are higher than the true probability suggests, giving an expected advantage.