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Knowledge Base

Glossary

Plain-English definitions for the terminology used across Football Compass.

001
Accumulator
A single bet that combines multiple selections and pays out only if all selections win.
002
Arbitrage
Placing bets on all possible outcomes with different bookmakers to guarantee a profit.
003
Asian Handicap
A handicap given to teams to level the playing field, eliminating draws.
004
Banker Bet
A selection you consider almost certain to win, often used to boost an accumulator.
005
Bankroll Management
The strategy of deciding how much money to risk on each bet.
006
Bet Builder
A feature that lets you combine multiple markets from the same match into one bet.
007
Bet Slip
The online form where you add your selections and confirm your wager.
008
Both Teams To Score
A bet on whether both sides will score at least one goal during the match.
009
Cash Out
The option to settle a bet before the event ends, locking in a profit or loss.
010
Correct Score
A bet predicting the exact final score of a match.
011
Double Chance
A bet covering two of the three possible outcomes in a match (e.g., home win or draw).
012
Draw No Bet
A bet that refunds your stake if the match ends in a draw.
013
Edge
An advantage you have over the bookmaker's odds.
014
European Handicap
A handicap where you bet on one of three outcomes, with draws allowed.
015
Free Bet
A promotional bet credited to your account that you can use without using your own funds.
016
Kelly Criterion
A formula used to calculate the optimal size of a bet based on your edge.
017
Live Betting
Placing bets on a match while it is in progress.
018
Moneyline
A bet that picks the winner of a match without any point spread.
019
Odds
The number that tells you how much you can win for each unit you stake.
020
Over/Under
A bet on whether the total number of goals will be more or less than a set number.
021
Stake
The amount of money you place on a bet.
022
Surebet
A situation where arbitrage is possible, ensuring a risk‑free profit.
023
Unit
A standard measure of bet size, often a percentage of your bankroll.
024
Value Bet
A bet where the odds offered are higher than the true probability suggests.
025
Wagering Requirement
The number of times you must bet a bonus before you can withdraw any winnings.