Knowledge Base
Glossary
Plain-English definitions for the terminology used across Pitch Notes.
- Accumulator
- Accumulator is a type of parlay where you stack several outcomes and the payout grows with each winning selection.
- Arbitrage
- Arbitrage exploits differences in odds across bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- Asian handicap splits the handicap into two half‑goal increments, eliminating the draw option and reducing the number of outcomes.
- Auto Cash Out
- Auto Cash Out automatically settles your bet when the odds reach a preset level, removing the need to monitor the market.
- BTTS
- BTTS stands for Both Teams To Score, a bet on whether each side will find the net during the match.
- Cash Out
- Cash Out lets you settle a bet before the event ends, locking in a profit or limiting a loss based on the current odds.
- Double Chance
- Double Chance lets you cover two of the three possible outcomes in one wager, increasing your chance of winning.
- Draw No Bet
- Draw No Bet removes the draw outcome, letting you pick a winner; if the match ends in a draw you get your stake back.
- In-Play Betting
- In-Play Betting allows you to place bets after a match has started, with odds that update as the game unfolds.
- Juice
- Juice is the extra percentage added to the true odds by a bookmaker, representing the cost of placing a bet.
- Line Movement
- Line Movement tracks how the betting odds change over time, often reflecting public sentiment or new information.
- Margin
- Margin is the bookmaker’s built‑in advantage, expressed as a percentage, which guarantees profit over the long term.
- Moneyline
- Moneyline is a bet on which team will win a match, with odds expressed as a positive or negative number.
- Odds Boost
- Odds Boost is a promotion that increases the payout on a specific bet, giving you higher returns for the same stake.
- Over/Under
- Over/Under is a bet on whether the total goals scored in a match will be more or less than a set number.
- Overround
- Overround is the total implied probabilities of all possible outcomes exceeding 100%, showing the bookmaker’s margin.
- Parlay
- Parlay combines multiple selections into a single bet; all picks must win for the bet to pay out.
- Partial Cash Out
- Partial Cash Out permits you to take a portion of your potential winnings while leaving the rest of the bet active.
- Point Spread
- Point spread is a handicap given to the favorite to level the betting field, often shown as a number of goals.
- Responsible Gambling
- Responsible Gambling refers to practices and tools that help you bet safely, such as deposit limits and self‑exclusion options.
- Single Bet
- Single Bet is a straightforward wager on one outcome, with returns based solely on that selection’s result.
- Steam
- Steam describes rapid, heavy betting on one side that causes odds to shift quickly across the market.
- Value Bet
- Value Bet occurs when the odds offered are higher than the true probability of the outcome, offering a positive expected return.
- Vig
- Vig, also called juice, is the fee a bookmaker adds to the odds, ensuring a profit regardless of the outcome.