Knowledge Base
Glossary
Plain-English definitions for the terminology used across Fan Strategy.
- 1X2
- A market where you bet on either the home team to win (1), a draw (X), or the away team to win (2).
- Asian Handicap
- A handicap given to a team to level the playing field, often eliminating the draw as an outcome.
- Bankroll
- The total amount of money you have set aside for betting.
- Bonus Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings derived from it.
- Bookmaker Margin
- The built-in profit margin in the odds, meaning the total probability of all outcomes adds up to more than 100%.
- Both Teams To Score
- A bet on whether each side will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or cutting a loss.
- Closing Line
- The final odds offered just before an event starts; beating the closing line is a sign of a sharp bet.
- Correct Score
- A bet that predicts the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible outcomes in a match, increasing your chance of winning.
- Draw No Bet
- A market where you back a team to win; if the match ends in a draw, your stake is refunded.
- Edge
- The statistical advantage a bettor has over the bookmaker, often discovered through research.
- Live Betting
- Placing bets on a match while it is actually happening, with odds that update in real time.
- Odds
- The number that tells you how much you can win relative to your stake; higher odds mean a bigger potential payout.
- Over/Under
- A bet on whether the total number of goals in a match will be more or less than a set number.
- Parlay
- A single bet that links two or more selections; all of them must win for you to get a payout.
- Payout
- The total money you receive if your bet wins, including your original stake plus any profit.
- Public Money
- The amount of bets placed by casual bettors; often a signal for the opposite direction.
- Reverse Line Movement
- When the odds move opposite to where most public bets are being placed, often indicating sharp money.
- Self-Exclusion
- A tool that lets you temporarily or permanently block yourself from betting on the site to help control gambling.
- Stake
- The amount of money you put on a bet.
- Steam
- Rapid movement of odds on a particular market, usually caused by heavy betting action.
- Unit
- A standard bet size, usually a small percentage of your bankroll, used to manage risk.
- Value Bet
- A bet where the odds offered by the bookmaker are higher than the true probability of the outcome, giving you an edge.