Knowledge Base
Glossary
Plain-English definitions for the terminology used across Fan Strategy.
- Accumulator
- a bet that combines multiple selections into one wager, with winnings multiplied by each winning selection.
- Asian Handicap
- a handicap system that eliminates the draw outcome and halves the risk of losing on a spread bet.
- Bankroll Management
- the practice of setting aside a specific amount of money for betting and deciding how much to stake per bet.
- Bet Builder
- a feature that lets you combine different markets from a single match into one custom bet.
- Cash Out
- an option to settle a bet early for a reduced payout, locking in profit or limiting loss.
- Clean Sheet
- a bet on whether a team will finish a match without conceding any goals.
- Cover
- when a team beats the point spread, they cover the spread.
- Free Bet
- a credit given by the sportsbook that can be used to place a bet, with any winnings returned but not the free bet stake.
- Futures Bet
- a long‑term bet placed on an outcome such as which team will win the tournament.
- In‑Play Betting
- betting on a match after it has started, with odds that change as the game progresses.
- Juice (Vig)
- the commission a sportsbook takes on a bet, built into the odds so the book makes a profit.
- Live Odds
- the constantly updated odds offered during an in‑play betting event.
- Moneyline
- a bet on which team will win the match, with odds expressed as a positive or negative number.
- Odds Boost
- a promotion that increases the payout odds on a selected bet for a limited time.
- Over/Under
- a bet on whether the total combined score of a match will be higher or lower than a set number.
- Parlay
- a single bet that links two or more individual bets and wins only if all selections win.
- Point Spread
- a handicap given to the underdog, requiring them to lose by fewer points than the spread for the bet to win.
- Prop Bet
- a wager on a specific event within a match, such as which player scores first.
- Push
- when a bet lands exactly on the line, resulting in the wager being returned.
- Risk‑Free Bet
- a promotion that refunds your stake if the bet loses, usually up to a set amount.
- ROI (Return on Investment)
- the net profit or loss from betting relative to the total amount wagered, expressed as a percentage.
- Single Bet
- a straightforward bet on one event, as opposed to a multi‑selection wager.
- Staking Plan
- a systematic method for determining how much to bet on each event based on your bankroll.
- Value Bet
- a bet where the odds offered are higher than the true probability of the outcome, giving an edge.