Knowledge Base
Glossary
Plain-English definitions for the terminology used across Stadium View.
- American Odds
- Odds expressed as a positive or negative number, indicating how much profit you make on a 100 unit stake.
- Arbitrage
- Exploiting differences in odds across bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A handicap system that eliminates the draw option and gives a fractional advantage to each team.
- Bankroll Management
- The practice of deciding how much money to risk on each bet to avoid losing your whole budget.
- Bookmaker
- A company or person that sets odds and accepts bets on sporting events.
- Correct Score
- A bet predicting the exact final score of a match, with higher odds due to difficulty.
- Decimal Odds
- A way of expressing odds as a single number, where the total return including the stake is calculated by multiplying the stake by the decimal.
- Double Chance
- A bet that covers two of the three possible outcomes in a match, such as home win or draw.
- Fractional Odds
- A traditional odds format showing the profit relative to the stake, expressed as a fraction.
- Futures
- A bet placed on the outcome of a tournament or award before it starts, often with higher odds.
- Juice
- The commission charged by a bookmaker on a bet, usually built into the odds.
- Kelly Criterion
- A formula used to calculate the optimal size of a bet based on the perceived edge and odds.
- KYC (Know Your Customer)
- The process of verifying a bettor’s identity to prevent fraud, money laundering, and under‑age gambling.
- Line Movement
- The change in betting odds or spreads over time as more bets are placed or new information emerges.
- Live Betting
- Placing bets on a match while it is in progress, with odds that change as the game unfolds.
- Moneyline
- A bet on which team will win the match, with odds expressed as a positive or negative number.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher or lower than a set line.
- Parlay
- A single bet that links multiple selections; all must win for the bet to pay out.
- Prop Bet
- A wager on a specific event within a match, such as which player scores first or how many yellow cards are shown.
- Push
- A tie result in a bet where the stake is returned and no money is won or lost.
- Responsible Gambling
- Practices and tools, such as self‑exclusion and deposit limits, that help players stay in control of their betting activity.
- Spread
- A handicap given to the underdog to level the betting field, expressed as a number of goals.
- Steam
- Rapid and significant line movement caused by heavy betting action on one side.
- Value Bet
- A bet where the odds offered by the bookmaker are higher than the true probability of the outcome, suggesting a positive expected value.