Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Accumulator
- A single bet that combines two or more selections; all of them must win for you to receive a payout.
- Arbitrage
- Taking advantage of differing odds across bookmakers to place opposing bets and secure a guaranteed profit.
- Asian Handicap
- A type of spread bet that gives one team a virtual advantage or disadvantage to make the match more even for betting purposes.
- Bankroll Management
- The strategy of deciding how much of your money to risk and how to distribute it across different bets.
- Bet Builder
- A tool that lets you combine different markets from the same match into one custom bet.
- Bet Slip
- A digital record that lists the bets you have selected, the amount you are wagering, and the potential return.
- Bookmaker
- A company that sets odds and accepts bets on sports events.
- Cash Out
- An option to settle a bet before the event ends, allowing you to lock in a profit or cut a loss.
- Deposit Limit
- A setting that caps the amount of money you can deposit into your account over a chosen period.
- Double Chance
- A bet that covers two of the three possible results of a match (e.g., home win or draw), reducing your risk.
- Dutching
- Spreading your stake across multiple outcomes to guarantee a profit regardless of which one wins.
- Edge
- The statistical advantage you believe you have over the bookmaker’s odds on a particular wager.
- Free Bet
- A promotional credit that lets you place a bet without using your own money; any winnings are usually paid out but the stake is not returned.
- Half-Time/Full-Time
- A market where you predict both the result at halftime and the final result of the match.
- Lay Bet
- A bet that a specific outcome will not happen, typically offered on betting exchanges.
- Live Betting
- Placing a wager on an event while it is still in progress, with odds that update as the action unfolds.
- Margin
- The built‑in commission a bookmaker includes in the odds, ensuring they make a profit on average.
- Odds
- A number that reflects how likely a particular outcome is, and determines how much you can win relative to your stake.
- Over/Under
- A bet on whether the total number of goals or points scored in a match will be higher or lower than a number set by the bookmaker.
- Payout
- The total amount you receive when a bet wins, including your original stake plus any profit.
- Responsible Gambling Tools
- Features such as deposit limits, time alerts, and self‑exclusion that help you stay in control of your betting activity.
- Self-Exclusion
- A voluntary option to block your account for a set time, preventing you from placing any bets.
- Stake
- The amount of money you risk on a bet.
- Underdog
- The team or player expected to lose, often with higher odds and a larger potential payout.
- Value Bet
- A bet where the odds offered are higher than the true chance of the outcome, giving you a potential edge.