Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Age Verification
- The process of confirming that a bettor is legally old enough to gamble, usually by checking official documents.
- Arbitrage
- Placing bets on all possible outcomes with different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A type of bet that gives one team a half- or whole-goal advantage or disadvantage to remove the draw option.
- Bankroll
- The total amount of money set aside for betting activities.
- Bet Builder
- A tool that lets you combine multiple markets from the same match into a single custom bet.
- Bet Slip
- The electronic form that records your selected bets, stake, and potential return.
- Both Teams To Score
- A wager on whether 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 cutting a loss.
- Correct Score
- A bet that predicts the exact final score of a match, such as 2-1 or 3-0.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, loss) in a single wager.
- Draw No Bet
- A bet where you win if your team wins, and you get your stake back if the match ends in a draw.
- In-Play
- Bets placed after the match has started, with odds that update as the game progresses.
- Kelly Criterion
- A mathematical formula that calculates the optimal fraction of your bankroll to wager for maximum growth.
- KYC
- "Know Your Customer" – the process of verifying a player's identity to prevent fraud and ensure legal compliance.
- Moneyline
- A bet on which team will win the match, with odds for each of the three possible outcomes (home win, draw, away win).
- Odds
- The number that tells you how much you can win relative to your stake, reflecting the implied probability of an outcome.
- Over/Under
- A bet on whether the total number of goals in a match will be over or under a set figure.
- Parlay
- A multi-selection bet where all choices must win for the bet to pay out, offering higher odds than single bets.
- Payout
- The total amount you receive when a bet wins, including your original stake plus profit.
- Responsible Gambling
- Practices and tools designed to help players stay in control and avoid problematic betting behavior.
- Self-Exclusion
- A facility that lets you temporarily or permanently block yourself from betting on the platform.
- Stake
- The amount of money you risk on a bet.
- Unit
- A standardized portion of your bankroll used to measure the size of each bet.
- Value Bet
- A bet where the odds offered are higher than the true probability suggests, giving an edge to the bettor.
- Vig
- The commission or fee a bookmaker adds to the odds, reducing the payout relative to the true probability.