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Knowledge Base

Glossary

Plain-English definitions for the terminology used across Pitch Notes.

001
1X2
1X2 is a betting market where you pick either the home win (1), draw (X), or away win (2).
002
Accumulator
An Accumulator links multiple selections into one bet, and all must win for you to get a return.
003
Anytime Goalscorer
Anytime Goalscorer is a wager that a selected player will score at any point during the match.
004
Asian Handicap
Asian Handicap gives a virtual advantage or disadvantage to a team to level the playing field, eliminating the draw option.
005
Bankroll Management
Bankroll Management is the practice of budgeting and limiting your bets to avoid running out of funds.
006
Bet Builder
Bet Builder lets you combine different markets from the same match into a single custom wager.
007
Bonus
A bonus is an extra credit or free bet offered by a bookmaker, often tied to deposit or wagering conditions.
008
Both Teams To Score
Both Teams To Score (BTTS) means you bet on whether both sides will find the net at least once during the match.
009
Cash Out
Cash Out lets you settle a bet before the match ends, locking in a profit or cutting a loss based on the current odds.
010
Clean Sheet
A Clean Sheet bet is placed on whether a team will finish the game without allowing any goals.
011
Correct Score
Correct Score betting requires you to predict the exact final score of a match.
012
First Goalscorer
First Goalscorer is a bet on which player will score the opening goal of the match.
013
Free Bet
A Free Bet is a token you can use to place a wager without risking your own money, with any winnings usually returned without the stake.
014
Half-Time/Full-Time
Half-Time/Full-Time combines two predictions: the result at halftime and the result at the final whistle.
015
In-Play
In-Play betting allows you to place bets on a match while it is actually happening, with odds that update live.
016
Maximum Payout
Maximum Payout is the highest amount a bookmaker will pay out on a winning bet, often limited per market or bet type.
017
Moneyline
A moneyline bet is a straightforward wager on which team will win a match, with odds expressed as a positive or negative number.
018
Odds
Odds represent the likelihood of a specific outcome and determine how much you can win if your bet is correct.
019
Over/Under
Over/Under bets predict whether the total number of goals scored in a match will be higher or lower than a set number.
020
Payout
A payout is the total amount you receive when a bet wins, including your original stake and profit.
021
Rollover
Rollover refers to the total amount you must wager before a bonus becomes withdrawable, often expressed as a multiple of the bonus.
022
Stake
The stake is the amount of money you risk on a bet.
023
Value Bet
A Value Bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome, giving you an expected edge.
024
Vig
Vig, also called juice, is the commission a bookmaker builds into the odds, ensuring a profit regardless of the result.
025
Wagering Requirement
Wagering Requirement is the number of times you must bet a bonus amount before you can withdraw any winnings.