Knowledge Base
Glossary
Plain-English definitions for the terminology used across Stadium View.
- Accumulator
- An accumulator combines multiple selections into one bet, where all choices must win for the bet to pay out.
- Arbitrage
- Arbitrage is the practice of betting on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- Asian Handicap is a betting line that eliminates the draw option and gives a team a fractional goal advantage or disadvantage.
- Bankroll
- Bankroll is the total amount of money you have set aside for betting, separate from everyday finances.
- Bet Builder
- Bet Builder allows you to create a personalized bet by combining different markets from the same match into one wager.
- Cash Out
- Cash Out lets you settle a bet before the event ends, either securing a profit or cutting a loss.
- Cashback
- Cashback is a promotion that returns a portion of your losses as a bonus, usually subject to wagering conditions.
- Closing Line
- The Closing Line is the final set of odds offered before a market closes, considered the most accurate reflection of true probabilities.
- Decimal Odds
- Decimal odds show the total payout per unit staked, including the original stake, expressed as a single number.
- Edge
- Edge is the statistical advantage you have over the bookmaker, often expressed as a percentage.
- Fractional Odds
- Fractional odds display the potential profit relative to the stake, shown as a fraction like 5/1.
- Juice
- Juice, also called vig, is the commission a bookmaker charges for taking a bet, built into the odds.
- Line Movement
- Line Movement refers to changes in betting odds or point spreads over time, often caused by betting action or new information.
- Live Betting
- Live Betting enables you to place bets on a match while it is in progress, with odds that update during the game.
- Margin
- Margin is the bookmaker's guaranteed profit margin, calculated as the difference between the true odds and the odds offered.
- Moneyline Odds
- Moneyline odds indicate how much you must stake or can win on a team, with positive and negative numbers.
- Odds
- Odds represent the likelihood of an outcome and determine how much you can win relative to your stake.
- Over/Under
- Over/Under is a bet on whether the total number of goals, points, or events in a match will be above or below a set number.
- Pre-Match
- Pre-Match refers to bets placed before a game starts, as opposed to live betting during the game.
- Provably Fair
- Provably Fair describes a system that lets players verify that each game result is random and untampered.
- RTP
- Return to Player (RTP) indicates the percentage of total bets a game pays back to players over time.
- Same Game Parlay
- Same Game Parlay lets you combine several bets from a single game into one bet with combined odds.
- Value Bet
- A Value Bet occurs when the odds offered are higher than the true probability of the outcome, giving you an expected edge.
- Volatility
- Volatility measures how often and how much a game can pay out, with high volatility meaning bigger but rarer wins.
- Wagering Requirement
- A wagering requirement is the number of times you must bet a bonus before you can withdraw any winnings.