Knowledge Base
Glossary
Plain-English definitions for the terminology used across Tactical Review.
- Accumulator
- An accumulator is a type of bet that links several selections, similar to a parlay, where all must win for a payout.
- Arbitrage
- Arbitrage (or arbing) exploits differing odds across bookmakers to guarantee a profit regardless of the outcome.
- Asian Handicap
- Asian Handicap gives a team a positive or negative goal advantage, eliminating the draw option and offering more balanced odds.
- Bankroll
- Your bankroll is the total amount of money you have set aside for betting, and managing it helps you avoid big losses.
- Bet Slip
- A bet slip is the digital record where you enter your selections, stake, and confirm your bets.
- Cash Out
- Cash out gives you the option to settle a bet before the match ends, locking in a profit or minimizing a loss based on the current odds.
- Correct Score
- A correct score bet predicts the exact final score of a match, offering high odds due to its difficulty.
- Futures
- A futures bet is placed on an event that will be decided later in the tournament, such as which team will win the World Cup.
- Half-time Bet
- A half‑time bet is a wager placed on the outcome of only the first half of a match.
- Hedge
- Hedging involves placing an additional bet to reduce risk or guarantee a profit, often used when your original bet is looking likely to win.
- Juice
- Juice, also called vig, is the commission a bookmaker charges for taking a bet, usually built into the odds.
- Kelly Criterion
- The Kelly Criterion is a mathematical formula that calculates the optimal size of a bet to maximize long‑term growth while minimizing risk.
- Line Movement
- Line movement refers to changes in the odds or point spread over time, driven by betting volume and new information.
- Live Betting
- Live betting lets you place bets on a match while it is in progress, with odds that update as the game unfolds.
- Moneyline
- A moneyline bet is a straightforward wager on which team will win the match, with odds expressed as a positive or negative number.
- Odds
- Odds indicate the likelihood of an outcome and dictate how much you can win relative to your stake.
- Over/Under
- An over/under bet predicts whether the total number of goals scored in a match will be higher or lower than a number set by the bookmaker.
- Parlay
- A parlay combines multiple bets into a single wager, offering a higher payout only if all the individual selections win.
- Point Spread
- A point spread assigns a handicap to the favored team to level the betting field, requiring them to win by a certain margin for the bet to pay out.
- Prop Bet
- A prop bet focuses on a specific occurrence within a match, like which player will score the first goal.
- Push
- A push occurs when the result lands exactly on the line, causing the bet to be void and your stake refunded.
- Stake
- The stake is the amount of money you risk on a bet, and it determines the size of your potential return.
- Underdog
- The underdog is the team expected to lose, indicated by positive odds; a winning bet on them yields a larger profit.
- Void
- A void bet is canceled and the stake is returned, usually because the event was postponed or the market was not settled.