Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Accumulator
- A single bet that links two or more selections; all must win for the bet to pay out, multiplying the odds.
- Asian Handicap
- A handicap applied to a team to level the playing field, removing the draw option and offering odds with a spread.
- Bankroll
- The total amount of money set aside for betting, which you manage to avoid spending beyond your means.
- Bet Builder
- A feature that lets you combine multiple selections from the same match into a single wager, often with adjusted odds.
- Bet Slip
- The digital record that shows your selected wagers, stake amount, and potential payout before you confirm the bet.
- Cash Out
- A function that lets you settle a bet before the event ends, locking in a profit or limiting a loss based on current odds.
- Cashback
- A promotion that returns a portion of a player’s losses over a set period, credited as bonus funds.
- Dutching
- Spreading your stake across multiple outcomes in the same event to guarantee a profit regardless of the result.
- Edge
- The advantage a bettor has over the bookmaker, often derived from superior information or a pricing error.
- Enhanced Odds
- Boosted odds offered on a specific event for a limited time, giving a higher potential payout than the regular line.
- Free Bet
- A no‑cost wager credited to your account, usually granted after a qualifying deposit or bet.
- Hedging
- Placing additional bets to reduce potential loss or secure profit after an original wager has progressed.
- In-Play Betting
- Placing a wager on a match after it has started, with odds that update as the game unfolds.
- Margin
- The bookmaker’s built‑in profit margin, expressed as the difference between the true probability odds and the odds offered.
- Maximum Payout
- The highest amount a bookmaker will pay out on a winning bet, often capped per market or bet type.
- Over/Under
- A bet on whether the total number of goals or points in a match will be higher or lower than a line set by the bookmaker.
- Parlay
- A type of accumulator that combines multiple outcomes across different matches, offering higher odds but requiring all parts to win.
- Provably Fair
- A system that uses cryptographic algorithms to prove a bet’s outcome was not manipulated.
- Punt
- Slang for making a risky bet based on a hunch rather than statistical analysis.
- Push
- A tie result in a market where the original line is exactly met, leading to stakes being refunded.
- RTP
- The percentage of total bets a game returns to players over the long run, shown as a number like 95%.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, indicating a positive expected value.
- Void Bet
- A bet that is canceled and stakes are returned, typically because the event did not occur as scheduled.
- Volatility
- A measure of how much risk a bet carries; high volatility means larger but less frequent swings in results.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings derived from it.
001
002
003
004
005
006
007
008
009
010
011
012
013
014
015
016
017
018
019
020
021
022
023
024
025