Knowledge Base
Glossary
Plain-English definitions for the terminology used across Stadium View.
- Accumulator
- A parlay where winnings from each winning selection are reinvested into the next, increasing the potential payout.
- Arbitrage
- Exploiting differences in odds across bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A type of spread that removes the draw option and uses quarter‑goal increments to reduce ties.
- Bankroll
- The total amount of money set aside for placing bets.
- Bet Builder
- A tool that lets users combine multiple markets from a single match into one custom bet.
- Bet Slip
- The digital record that lists the selections, odds, and stake for a bet.
- Cash Out
- A feature allowing the bettor to settle a bet before the event ends, locking in a profit or limiting a loss.
- Free Bet
- A promotional token that can be used to place a bet without risking the bettor's own money.
- Hedging
- Placing an additional bet on the opposite outcome to reduce risk or secure a guaranteed profit.
- Juice
- The commission or fee a bookmaker charges, built into the odds.
- KYC
- Know Your Customer, the process of verifying a bettor's identity to comply with regulations and prevent fraud.
- Live Betting
- Betting on a match while it is in progress, with odds that update in real time.
- Moneyline
- A straight bet on which team will win a match, with odds shown as a positive or negative number.
- Odds
- The numerical expression of the likelihood of an outcome that determines the payout for a winning bet.
- Odds Format
- The way odds are presented, such as decimal (e.g., 2.50), fractional (e.g., 3/2), or American (e.g., +150).
- Over/Under
- A bet on whether the total number of goals or points in a match will be higher or lower than a set line.
- Overround
- The total of all implied probabilities in a market being more than 100%, representing the bookmaker's built‑in profit margin.
- Parlay
- A single bet that links multiple selections; all must win for the bet to pay out.
- Same Game Parlay
- A parlay made up of several betting markets from a single game.
- Self-Exclusion
- A voluntary program allowing individuals to block themselves from betting for a set period.
- Spread
- A handicap added to the final score to create a balanced betting scenario for both sides.
- Stake
- The amount of money wagered on a single bet.
- Stake Not Returned (SNR)
- A term indicating that the original stake is not included in the payout for a free bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving a positive expected value.
- Wagering Requirement
- The number of times a bonus must be turned over before it can be withdrawn.