Knowledge Base
Glossary
Plain-English definitions for the terminology used across Tactical Review.
- Accumulator
- Accumulator – a single bet that combines two or more selections, and every selection must win for the bet to pay out.
- Asian Handicap
- Asian Handicap – a spread betting method that eliminates the draw by giving one team a fractional or whole goal advantage or disadvantage.
- Bankroll
- Bankroll – the total amount of money set aside for placing bets.
- Bet Builder
- Bet Builder – a feature that lets you combine multiple outcomes from the same match into one custom wager.
- Cash Out
- Cash Out – an option to settle a bet before the event finishes, locking in a profit or limiting a loss.
- Double Chance
- Double Chance – a bet that covers two of the three possible match outcomes, increasing your chance of winning.
- Draw No Bet
- Draw No Bet – a bet that refunds your stake if the match ends in a draw, leaving only a home win or away win outcome.
- Each‑Way
- Each‑Way – a two‑part bet consisting of a win bet and a place bet, paying out if the selection wins or finishes in a designated place.
- Fixed Odds
- Fixed Odds – a betting price set at the time of the wager that stays unchanged regardless of later market movement.
- Fold
- Fold – a term used in multi‑selection bets, where a five‑fold refers to a five‑team accumulator.
- Fractional Odds
- Fractional Odds – a traditional odds format that expresses profit relative to the stake, for example 5/1 means you win five units for each unit wagered.
- Half‑Time/Full‑Time
- Half‑Time/Full‑Time – a bet that requires predicting both the result at half‑time and the final result of a match.
- In‑Play Betting
- In‑Play Betting – placing bets on a match while it is already in progress, with odds that update live.
- Juice
- Juice – the commission or cut taken by a bookmaker, usually reflected in odds that are slightly less than true probability.
- Kelly Criterion
- Kelly Criterion – a formula that calculates the optimal size of a bet based on your perceived edge, aiming to maximize long‑term growth.
- Line
- Line – the set of odds or point spread offered for a particular market, such as a handicap or total.
- Lock
- Lock – a bet that is considered almost certain to win, though no bet is truly risk‑free.
- Moneyline
- Moneyline – a straightforward bet on which team will win the match, with odds reflecting each side’s probability.
- Over/Under
- Over/Under – a wager on whether a specific match statistic, usually total goals, will be above or below a set number.
- Point Spread
- Point Spread – a handicap applied to the favored team to level the betting field, often used in North American sports.
- Rollover
- Rollover – a wagering requirement that states how many times a bonus or deposit must be bet before it can be withdrawn.
- Stake
- Stake – the amount of money you risk on a single bet.
- Straight Bet
- Straight Bet – a single, independent wager on one outcome, as opposed to a multi‑selection bet.
- Value Bet
- Value Bet – a selection where the odds offered are higher than the true probability of the outcome, indicating a positive expected value.
- Win‑Only
- Win‑Only – a simple bet that pays out only if the selected team or player wins, with no regard for draws or other conditions.