Knowledge Base
Glossary
Plain-English definitions for the terminology used across Fan Strategy.
- Accumulator
- Accumulator is a single bet that links multiple selections; all must win for the bet to pay out.
- Arbitrage
- Arbitrage is exploiting differences in odds across bookmakers to place bets on all possible outcomes and secure a risk‑free profit.
- Asian Handicap
- Asian Handicap gives a team a half‑goal or quarter‑goal head start or deficit, removing the draw as a possible result.
- Banker Bet
- Banker Bet is a highly confident selection used in multi‑bet tickets to increase potential returns, often paired with riskier picks.
- Bankroll Management
- Bankroll Management is the practice of deciding how much money to wager and how to distribute it across bets to stay within your budget.
- Both Teams To Score
- Both Teams To Score is a bet on whether each team will score at least one goal during the match.
- Cash Out
- Cash Out is the option to settle a bet early for a reduced payout, based on the current odds and match situation.
- Combo Bet
- Combo Bet is a single bet that combines different outcomes from the same event, such as the winner and the total goals.
- Decimal Odds
- Decimal odds show the total payout you receive for each unit wagered, including your stake.
- Double Chance
- Double Chance is a bet that covers two of the three possible match outcomes, increasing your chance of winning.
- Dutching
- Dutching is spreading your stake across multiple outcomes to guarantee a profit regardless of which one wins.
- Fractional Odds
- Fractional odds show how much profit you make for every unit you bet, expressed as a fraction.
- Handicap
- Handicap is a point spread that gives one team a virtual advantage or disadvantage to level the betting field.
- Hedging
- Hedging is placing an opposite bet to reduce loss or lock in a profit after an original wager.
- In-Play Betting
- In-Play Betting is placing bets on a match while it is still in progress, with odds that update as the game unfolds.
- Line Movement
- Line Movement is the shift in odds or point spreads over time, often caused by betting volume or new information.
- Live Odds
- Live Odds are the changing odds offered during a live match, reflecting the current state of play and market activity.
- Moneyline
- Moneyline is a straightforward bet on which team will win the game, with odds that show the amount you need to wager or the amount you can win.
- Over/Under
- Over/Under is a bet on whether the total number of goals scored in a match will be higher or lower than a set figure.
- Parlay
- Parlay is a bet that combines two or more individual wagers into one, requiring every selection to win for a payout.
- Public Money
- Public Money is the bulk of bets placed by casual bettors, which can influence the line and odds movement.
- Steam
- Steam is a rapid and significant change in odds triggered by heavy betting action on a particular outcome.
- System Bet
- System Bet is a bet that covers several combinations of your selected outcomes, allowing you to win even if some selections lose.
- Value Bet
- Value Bet is a bet where the odds offered are higher than the true probability of the outcome, giving an expected edge to the bettor.