Knowledge Base
Glossary
Plain-English definitions for the terminology used across Pitch Notes.
- Accumulator
- A bet that combines multiple selections into one wager, paying out only if all selections win.
- Age Verification
- The check to ensure that a user is legally old enough to open an account and place bets.
- Asian Handicap
- A handicap given to teams to level the playing field, eliminating the draw option and offering two outcomes.
- Bankroll
- The total amount of money set aside for placing bets.
- Bankroll Management
- The strategy of deciding how much to wager on each bet to protect your funds over time.
- Bet Builder
- A tool that lets you combine different markets from a single match into one customized bet.
- Bet Slip
- The electronic record that lists the selections you intend to place a bet on.
- Cash Out
- A feature that lets you settle a bet before the event finishes, locking in a profit or limiting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes of a match, increasing your chance of winning.
- Draw No Bet
- A bet where you win if your chosen team wins, and get your stake back if the match ends in a draw.
- Edge
- The perceived advantage a bettor believes they have over the bookmaker's odds.
- First Goalscorer
- A bet on which player will score the first goal in a match.
- Goal Line
- A line set by the bookmaker for total goals in a match, similar to over/under but for the exact number.
- Half-Time/Full-Time
- A bet that requires you to predict both the halftime result and the final result of a match.
- In-Play Betting
- Placing bets on a match while it is still ongoing, with odds that update as the game progresses.
- Juice
- The commission or fee that a bookmaker adds to the odds, often reflected in the spread.
- KYC
- The process of verifying a customer's identity and checking their eligibility to use the betting platform.
- Margin
- The bookmaker's built-in profit margin, expressed as a percentage of the true odds.
- Odds Comparison
- The process of checking odds from different bookmakers to find the best possible value for a bet.
- Over/Under
- A bet on whether the total number of goals in a match will be above or below a set figure.
- Parlay
- Another term for an accumulator, where multiple selections are linked and all must win for a payout.
- Price Boost
- A special promotion that increases the odds on a specific selection for a limited time.
- Responsible Gambling Tools
- Features such as deposit limits, self‑exclusion, and reality checks that help you stay in control of your betting.
- Stake
- The amount of money you place on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability suggests, giving an expected positive return.