Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- 1X2 Betting
- A three-way market where you pick either a home win (1), a draw (X), or an away win (2).
- Accumulator
- A single bet that combines multiple selections; all must win for the bet to pay out.
- Arbitrage
- Exploiting differences in odds across bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A handicap given to teams to level the playing field, eliminating the draw option and often using half or quarter goals.
- Back Bet
- Betting that an outcome WILL happen.
- Bankroll
- The total amount of money set aside for betting.
- Bet Builder
- A tool allowing you to combine multiple selections from the same match into a single custom bet.
- Betting Exchange
- A platform where bettors can back and lay outcomes against each other, often with lower commission than traditional bookmakers.
- Bookmaker
- A company that sets odds and accepts bets.
- Both Teams To Score
- A bet on whether both sides will score at least one goal during the match.
- Cash Out
- A feature allowing you to settle a bet before the match ends, locking in a profit or limiting a loss.
- Correct Score
- A bet predicting the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible outcomes (home win/draw, away win/draw, or home/away win).
- Draw No Bet
- A bet that eliminates the draw outcome; if the match ends in a draw, the stake is refunded.
- First Goal Scorer
- A bet on which player will score the first goal in the match.
- Half-Time/Full-Time
- A bet that combines the result at half‑time and the result at full‑time in one wager.
- In-Play Betting
- Placing bets on events while the match is already in progress, with odds that update live.
- Lay Bet
- Betting that an outcome will NOT happen, essentially acting as the bookmaker.
- Margin
- The bookmaker's profit margin, expressed as a percentage, representing the extra probability built into the odds.
- Odds
- The numerical expression of how likely an outcome is, determining the potential payout.
- Over/Under
- A bet on whether the total number of goals in a match will be over or under a specified number.
- Stake
- The amount of money you risk on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an expected advantage.
- Vigorish
- The commission or cut a bookmaker takes from a bet, built into the odds.
- Winning Margin
- A bet on how many goals a team will win by, such as a 1‑goal, 2‑goal, or 3‑goal margin.