Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Asian Handicap
- A split handicap that reduces the number of possible outcomes in a match.
- Bankroll
- The total amount of money set aside for betting.
- Bet Slip
- The record of your selected bets and potential winnings.
- Bonus
- Extra funds or free bets offered by the sportsbook, often with conditions.
- Cash Out
- The option to settle a bet early for a reduced payout before the event ends.
- Double Chance
- A bet that covers two of the three possible outcomes in a match, increasing your chances of winning.
- Free Bet
- A no-cost bet provided by the sportsbook that can be used to place a wager.
- Hedging
- Placing opposite bets on different outcomes to reduce risk or lock in a profit.
- House Edge
- The built-in advantage the sportsbook has in any bet.
- In-Play Betting
- Placing a bet while the match is already in progress.
- Juice
- The commission charged by the sportsbook for taking a bet.
- Line
- The current odds or point spread offered for a bet.
- Market
- The set of available betting options for a particular event.
- Moneyline
- A bet on which team will win the match outright, without point spreads.
- Odds
- The number that tells you how much you can win relative to your stake.
- Over/Under
- A bet on whether the total number of goals/scores will be above or below a set number.
- Parlay
- A single bet that links multiple selections; all must win for the bet to pay out.
- Payout
- The total amount you receive when a bet wins, including profit.
- Point Spread
- A handicap given to the favorite team to level the betting field.
- RTP
- The percentage of total money wagered that a game returns to players over time.
- Stake
- The amount of money you put on a bet.
- Value Bet
- A bet where the odds appear higher than the true probability of the outcome.
- Volatility
- How much a game's payouts vary in size and frequency.
- Wagering Requirement
- The number of times you must bet a bonus before you can withdraw it.