Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Accumulators
- An accumulator combines multiple selections into one bet; all picks must win for the bet to pay out.
- Arbitrage Betting
- Arbitrage betting exploits differing odds across bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- Asian handicap splits the handicap into two half‑goal lines, eliminating the draw option and reducing possible outcomes.
- Bankroll Management
- Bankroll management is the practice of budgeting your betting funds to avoid overspending and extend play.
- Bet Builder
- A bet builder lets you combine multiple markets from a single match into one customized wager with adjusted odds.
- Bet Settlement
- Bet settlement is the process of finalizing bets after an event, determining payouts based on the official result.
- Bet Slip
- A bet slip is the digital record of your selected bets, showing odds, stake, and potential payout before confirmation.
- Cash Out
- Cash out allows you to settle a bet early for a reduced payout, locking in profit or limiting loss.
- Cashback
- Cashback is a bonus that returns a portion of your losses over a set period, credited as wagerable funds.
- Free Bet
- A free bet is a token you can use to place a wager without using your own money, with winnings usually withdrawable.
- Handicap Betting
- Handicap betting gives one team a virtual advantage or disadvantage to level the playing field for betting.
- In-Play Betting
- In-play betting lets you place bets on a match after it has started, with odds that update live.
- Match Betting
- Match betting is a strategy where you back and lay the same outcome to unlock a free bet with no risk.
- No Deposit Bonus
- A no deposit bonus credits a small amount just for signing up, letting you try betting without any deposit.
- Odds
- Odds express 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 a specific match statistic, like total goals, will be above or below a set number.
- Parlay
- A parlay links several selections into one bet; you win only if every selection is correct.
- Provably Fair
- Provably Fair is a system that lets players verify that each bet’s outcome was generated fairly and not manipulated.
- RTP
- RTP, or Return to Player, is the percentage of total bets a game returns to players over time, indicating expected payout.
- Stake
- The stake is the amount of money you risk on a bet; your potential payout is calculated from this.
- Value Bet
- A value bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome.
- Void Bet
- A void bet cancels the wager and refunds the stake, typically when a market is not resolved.
- Volatility
- Volatility describes how often and how much a game can pay out; high volatility means bigger but rarer wins.
- Wagering Requirement
- A wagering requirement is the number of times you must bet a bonus amount before you can withdraw any winnings from it.
- Welcome Bonus
- A welcome bonus matches your first deposit with extra funds or free bets, subject to wagering conditions.