Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Accumulator
- A bet that combines multiple selections into one wager; all selections must win for the bet to pay out.
- Asian Handicap
- A handicap given to a team to level the playing field, often eliminating the draw option.
- Bankroll
- The total amount of money a bettor sets aside for wagering.
- Bet Builder
- A feature that lets you combine multiple markets from a single match into one custom bet.
- Bet Slip
- The digital record of your selected bets, stake, and potential payout.
- Both Teams to Score
- A bet on whether both teams will score at least one goal during the match.
- Cash Out
- The option to settle a bet before the event ends, locking in a profit or limiting a loss.
- Correct Score
- A bet on the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, loss) in a match.
- Draw No Bet
- A market where you back a team to win; if the match ends in a draw, the stake is refunded.
- Edge
- An advantage a bettor believes they have over the bookmaker’s odds.
- Fixed Odds
- Odds that are set at the time of bet placement and do not change.
- Free Bet
- A promotional token that can be used to place a bet without using your own money.
- Handicap
- A points or goals adjustment applied to a team to create balanced betting odds.
- In-Play
- Betting on a match after it has started, with odds that update as the game progresses.
- KYC
- Know Your Customer; the process of verifying a bettor’s identity to comply with regulations and prevent fraud.
- Lay
- To bet against a particular outcome, acting as the bookmaker in a peer-to-peer bet.
- Odds
- The probability of an outcome expressed as a number, determining potential payout.
- Over/Under
- A bet on whether a specific statistic (e.g., total goals) will be above or below a set line.
- Payout
- The total amount of money returned to a bettor after a winning bet, including stake.
- Penalty Shootout
- A bet on whether a match will be decided by a penalty shootout after a draw.
- Stake
- The amount of money wagered on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, suggesting an edge.
- Void
- A bet that is cancelled and the stake is returned, usually due to a match being postponed or a rule breach.
- Wagering Requirement
- A condition that states how many times a bonus must be played through before it can be withdrawn.