Knowledge Base
Glossary
Plain-English definitions for the terminology used across Tactical Review.
- American Odds
- American odds use a positive number to show profit on a $100 bet or a negative number to show how much you must stake to win $100.
- Asian Handicap
- Asian handicap gives a fractional or whole goal advantage to one team, eliminating the draw and creating two possible outcomes.
- Bankroll
- Your bankroll is the total money you have set aside for betting.
- Bet Builder
- A bet builder lets you combine different markets from the same match into a single custom wager.
- Both Teams To Score
- This market asks whether each team will score at least one goal during the match.
- Cash Out
- Cash out allows you to settle a bet before the event ends, securing a profit or limiting a loss.
- Correct Score
- A correct score bet requires you to predict the exact final score of the match.
- Decimal Odds
- Decimal odds show the total return for each unit wagered, including the original stake.
- Double Chance
- A double chance bet lets you cover two of the three possible outcomes in a match, increasing your chance of winning.
- Draw No Bet
- In a draw no bet, your stake is returned if the match ends in a draw, leaving only a win for either team.
- Edge
- The edge is the calculated advantage a bettor has over the bookmaker, based on the difference between true and offered odds.
- Fractional Odds
- Fractional odds display profit as a numerator over a denominator, indicating how much you win per unit bet.
- Free Bet
- A free bet is a promotional token you can use to place a wager without risking your own money, with any winnings usually returned minus the free bet stake.
- Goal Line
- The goal line is the total number of goals set by the bookmaker, similar to an over/under but used for soccer.
- Handicap
- A handicap adjusts a team’s odds by giving them a positive or negative goal deficit to level the match.
- In-Play
- In‑play betting lets you place wagers on a match after it has started, with odds that change as the game unfolds.
- Moneyline
- A moneyline bet asks you to pick which team will win the match outright, with odds reflecting the outright winner.
- Odds
- Odds represent the likelihood of an outcome and determine the payout for a winning bet.
- Over/Under
- An over/under bet predicts whether the total goals or points scored will be higher or lower than a set number.
- Parlay
- A parlay combines multiple selections into one bet, and all selections must win for the parlay to pay out.
- Point Spread
- A point spread assigns a handicap to a team, requiring them to win by a certain margin for the bet to cover.
- Stake
- The stake is the amount of money you risk on a bet.
- Unit
- A unit is a standard bet size, usually a fixed percentage of your bankroll, used to manage risk.
- Value Bet
- A value bet occurs when the odds offered are higher than the true probability of the outcome, giving an expected edge.
- Vig
- Vig, also called juice, is the commission a bookmaker includes in the odds, reducing the payout for bettors.