Knowledge Base
Glossary
Plain-English definitions for the terminology used across Pitch Notes.
- Accumulator
- A bet that links multiple outcomes together and multiplies the odds, requiring every selection to win.
- Asian Handicap
- A handicap that removes the draw outcome, using quarter‑goal lines to split the stake.
- Bankroll
- The total amount of money you have set aside for betting.
- Bet Builder
- A feature that lets you combine different markets from a single match into one custom bet.
- Both Teams To Score
- A bet on whether each side will find the net at least once during the match.
- Cashout
- A feature that lets you settle a bet before the event ends, locking in a profit or loss.
- Correct Score
- A wager that predicts the exact final score of a match.
- First Goal Scorer
- A bet on which player will score the opening goal of the game.
- Free Bet
- A promotional token that lets you place a bet without using your own money.
- Group Winner
- A bet on which team will finish top of its group in the tournament.
- Handicap
- An advantage or disadvantage given to a team to balance the match for betting purposes.
- Live Betting
- Placing bets on a match while it is already in progress, with odds that update in real time.
- Margin
- The built‑in advantage the bookmaker holds, expressed as a percentage of the true odds.
- Moneyline
- A bet on which team will win a match, with odds expressed as a positive or negative number.
- Odds
- The number that tells you how much you can win relative to your stake; higher odds mean a bigger payout but a lower chance of winning.
- Outright Bet
- A bet placed on the overall winner of a tournament, such as the World Cup champion.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be more or less than a set line.
- Parlay
- A single bet that combines two or more selections; all must win for the bet to pay out.
- Provably Fair
- A system that uses cryptography to prove a bet's outcome was not manipulated.
- RTP
- The percentage of total wagered money that a game returns to players over time.
- Spread
- A handicap given to a team to make both teams have an equal chance, expressed as a points line.
- Stake
- The amount of money you risk on a single bet.
- Top Scorer
- A wager on the player who will score the most goals throughout the tournament.
- Volatility
- How much a game's payout swings around its average; high volatility means bigger but less frequent wins.
- Wagering Requirement
- The number of times you must bet a bonus before you can withdraw any winnings.