Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Accumulator
- An accumulator is a single bet that links multiple selections; all of them must win for you to get a payout.
- Back Bet
- Back Bet is a standard bet that a particular outcome WILL happen.
- Bankroll Management
- Bankroll Management means setting and sticking to limits on how much money you use for betting.
- Bet Builder
- Bet Builder is a tool that lets you combine several markets from a single match into one wager.
- Bonus Rollover
- Bonus Rollover is the number of times you must bet a bonus amount before you can withdraw it.
- Bookmaker Margin
- Bookmaker Margin is the extra amount a bookmaker adds to the true odds to ensure a profit.
- Both Teams to Score
- Both Teams to Score is a market where you win if each side scores at least one goal.
- Cash Out
- Cash Out lets you settle a bet before the event finishes, locking in a profit or limiting a loss.
- Closing Line
- Closing Line is the final set of odds offered just before an event begins; it is used to measure betting skill.
- Double Chance
- Double Chance is a bet that covers two of the three possible outcomes in a match, reducing your risk.
- Free Bet
- A Free Bet is a promotional token you can use to place a bet without risking your own money.
- Golden Boot
- Golden Boot is a market where you bet on which player will score the most goals in the tournament.
- Handicap Betting
- Handicap Betting gives one team a fictional advantage or disadvantage to create closer odds.
- In-Play
- In‑Play is another term for Live Betting, meaning you can wager while the game is ongoing.
- Kelly Criterion
- Kelly Criterion is a formula that calculates the optimal size of a bet based on your perceived edge.
- Lay Bet
- Lay Bet is a bet that a particular outcome will NOT happen, commonly offered on betting exchanges.
- Line Movement
- Line Movement is the change in odds or spreads from when they first open to when they close.
- Live Betting
- Live Betting is the act of placing bets on an event while it is already happening.
- Odds
- Odds are numbers that show how likely an outcome is and determine how much you can win.
- Over/Under
- Over/Under is a bet on whether a statistic, such as total goals, will be above or below a set number.
- Pre-Match
- Pre‑Match refers to bets placed before the start of a match.
- Price Boost
- Price Boost is a promotion that increases the odds on a selected market for a limited time.
- Risk-Free Bet
- Risk‑Free Bet is a promotion that refunds your stake if the bet loses, up to a set amount.
- Spread Betting
- Spread Betting is a wager on whether a team’s performance will be above or below a published line.
- Value Bet
- A Value Bet is a wager where the odds offered are higher than what you believe the true chance of the outcome is.