Knowledge Base
Glossary
Plain-English definitions for the terminology used across Stadium View.
- Arbitrage
- Placing bets on all possible outcomes of an event across different sportsbooks to guarantee a profit regardless of the result.
- Asian Handicap
- A handicap system that eliminates the draw outcome and gives a half‑goal or quarter‑goal advantage to one team.
- Bankroll
- The total amount of money set aside for placing bets, used to manage how much you can afford to lose.
- Bet Builder
- A feature that lets you combine multiple outcomes from the same match into a single custom wager.
- Bet Slip
- A digital record that lists your selected bets, the amounts wagered, and the potential payout.
- Both Teams To Score
- A bet on whether each side will score at least one goal during the match.
- Cash Out
- An option to settle a bet before the event ends, letting you take a reduced payout instead of waiting for the final result.
- Double Chance
- A bet that covers two of the three possible outcomes of a match, reducing risk but offering lower odds.
- Fade
- Betting against a popular pick or a sharp bettor, expecting the opposite outcome.
- Futures
- A bet placed on an event that will be decided in the future, such as which team will win the World Cup.
- In-Play Betting
- Betting on match outcomes after the game has started, with odds that update as the action unfolds.
- Kelly Criterion
- A mathematical formula that calculates the optimal percentage of your bankroll to bet based on the edge you have.
- Line Movement
- Changes in the odds or point spread over time, influenced by betting volume and new information.
- Moneyline
- A bet on which team will win the match outright, with odds that reflect each team's chance of winning.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher or lower than a number set by the sportsbook.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out.
- Point Spread
- A handicap given to the underdog and a corresponding advantage to the favorite to even out the betting action.
- Public Money
- The portion of bets placed by casual bettors that can move the odds; often used to identify where the majority is betting.
- Settlement
- The process of finalizing bets after an event, determining whether winners are paid and losers forfeit their stake.
- Stake
- The amount of money you risk on a bet.
- Unit
- A standardized bet size, often a small percentage of your bankroll, used to track the size of your wagers.
- Value Bet
- A bet where the odds offered by the sportsbook are higher than the true probability of the outcome, giving you an edge.
- Void
- A bet that is canceled and refunded, usually because a match was postponed or the market was deemed invalid.