Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Asian Handicap
- Asian handicap eliminates the draw and uses half‑goal or quarter‑goal lines so there are only two possible outcomes.
- Bankroll Management
- Bankroll Management is the strategy of deciding how much money to risk on each bet to protect your funds over time.
- Bet Slip
- A Bet Slip is the digital record where you list your selections, enter your stake, and confirm your bets.
- Bookmaker Margin
- Bookmaker Margin is the percentage of total bets that a sportsbook expects to keep as profit, reflected in the odds they offer.
- Both Teams to Score
- Both Teams to Score is a wager on whether each side will find the net at least once during the match.
- Cash Out
- Cash Out lets you settle a bet before the event ends, locking in a profit or cutting a loss based on current odds.
- Closing Line
- The Closing Line is the final set of odds just before an event starts, often considered the most accurate estimate of true probabilities.
- Correct Score
- Correct Score asks you to predict the exact final score of a match; it offers high odds for precise predictions.
- Decimal Odds
- Decimal odds show the total payout per unit staked, including the original stake; multiply your stake by this number to calculate your return.
- First Goal Scorer
- First Goal Scorer is a bet on which player will score the opening goal of the game.
- Fractional Odds
- Fractional odds display profit relative to the stake; the top number is the profit, the bottom is the amount you bet.
- Handicap Betting
- Handicap betting gives one team a virtual advantage or disadvantage to create equal odds for both sides.
- Juice
- Juice, also called vig, is the commission a bookmaker builds into the odds so they earn a profit on every bet.
- Know Your Customer
- Know Your Customer (KYC) is the process of verifying a bettor’s identity to prevent fraud, money laundering, and under‑age gambling.
- Line Movement
- Line Movement refers to changes in odds or handicaps over time, usually caused by betting volume or new information.
- Live Betting
- Live Betting allows you to place wagers while a match is in progress, with odds that change as the game unfolds.
- Moneyline Odds
- Moneyline odds are expressed as a positive or negative number, indicating how much you win on a $100 bet or how much you must stake to win $100.
- Odds
- Odds represent the price of a bet, showing how much you can win relative to your stake.
- Over/Under
- Over/Under is a bet on whether a specific stat, like total goals, will be higher or lower than a set number.
- Parlay
- A parlay is a single bet that combines two or more selections; every selection must win for the bet to pay out, and the odds multiply.
- Payout
- The Payout is the total amount you receive when a bet wins, including your original stake and any profit.
- Player Props
- Player Props are bets on individual player actions, such as goals, assists, yellow cards, or minutes played.
- Same Game Parlay
- Same Game Parlay combines multiple bets from a single match into one wager; all selections must win for the parlay to pay.
- Stake
- The Stake is the amount of money you risk on a bet; it determines your potential payout if the bet wins.
- Value Bet
- A Value Bet occurs when the odds a bookmaker offers are higher than the true probability of the outcome, giving you an edge.