Knowledge Base

Glossary

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

Accumulator: An accumulator is a single bet that links together multiple selections, and all of them must win for the bet to pay out.
Asian Handicap: Asian Handicap is a spread betting system that gives a goal advantage or disadvantage to one team, removing the draw as an option.
Back Bet: A back bet is a wager that a specific outcome will happen, such as a team winning, placed on a betting exchange or sportsbook.
Bet Builder: Bet Builder is a tool that lets you combine different markets from the same match into one custom bet with a single stake.
Bet Settlement: Bet settlement is the process of finalizing a bet after the event ends, determining whether it won and adjusting your account balance.
Bet Slip: A bet slip is a digital record showing the selections, odds, stake, and potential payout of your wager.
Both Teams to Score: Both Teams to Score is a bet on whether both sides will score at least one goal during the match.
Cash Out: Cash Out allows you to settle a bet before the event finishes, locking in a profit or cutting a loss based on the current odds.
Correct Score: Correct Score is a bet that predicts the exact final score of a match, such as 2‑1 or 3‑0.
Double Chance: Double Chance is a bet that covers two of the three possible outcomes of a match, such as win or draw, giving you a higher chance of winning.
Draw No Bet: Draw No Bet is a market where you pick a team to win; if the match ends in a draw, your stake is refunded.
European Handicap: European Handicap applies whole‑number handicaps to teams and includes a draw option, unlike Asian Handicap.
Half-Time/Full-Time: Half‑Time/Full‑Time is a bet that predicts both the result at halftime and the final result of the match.
In-Play: In‑Play refers to bets placed after a match has started, with odds that change as the game unfolds.
Lay Bet: A lay bet is a wager that a specific outcome will not happen, usually placed on a betting exchange.
Margin: Margin is the bookmaker’s built‑in profit margin, reflected in the odds they offer so they can cover costs and make a profit.
Market Movement: Market movement describes how odds shift in response to betting activity, team news, or other information.
Odds Boost: Odds Boost is a promotion that increases the odds on a selected bet, raising the potential payout for the same stake.
Over/Under: Over/Under is a bet on whether a specific statistic, such as total goals, will be higher or lower than a set number.
Player Prop: Player Prop is a bet on an individual player’s performance, like the number of goals, assists, or cards they receive.
Push: A push occurs when a bet ends in a tie, causing all wagers to be refunded as if the bet never happened.
Responsible Gambling: Responsible Gambling refers to practices and tools, such as deposit limits and self‑exclusion, that help you stay in control of your betting.
Same Game Parlay: Same Game Parlay lets you combine multiple markets from a single match into one parlay bet for a larger potential payout.
Stake: Stake is the amount of money you risk on a bet, which is multiplied by the odds to calculate your potential winnings.
Void Bet: A void bet is a canceled wager where the stake is returned, usually because the event was postponed or a rule was broken.