Knowledge Base
Glossary
Plain-English definitions for the terminology used across World Cup Hub.
- Accumulator
- A single bet that links multiple selections; all must win for the bet to pay out.
- Age Verification
- The process of confirming a bettor is legally old enough to gamble, usually by requesting ID.
- Arbitrage Betting
- Betting on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of result.
- Asian Handicap
- A spread bet that gives a fictional advantage or disadvantage to each team to eliminate the draw option.
- Bankroll
- The total amount of money you have set aside for placing bets.
- Bet Builder
- A tool that allows you to combine different markets from a single match into one customized wager.
- Bet Slip
- The summary of your chosen selections and odds that you review before confirming a bet.
- Bookmaker Margin
- The built‑in commission embedded in the odds that ensures the bookmaker makes a profit over the long term.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Cashback
- A refund of a set percentage of your net losses, usually credited as bonus money that requires wagering before withdrawal.
- Decimal Odds
- Odds expressed as a number that you multiply by your stake to calculate total returns, e.g., 2.50.
- Deposit Bonus
- A matched percentage added to your deposit, giving you extra funds to bet with, subject to wagering conditions.
- Fractional Odds
- Odds shown as a fraction; the first number shows profit relative to the second number staked, e.g., 5/1.
- Free Bet
- A credit that lets you place a bet without using your own money; any winnings are usually returned minus the free‑bet stake.
- In-Play Betting
- Placing a wager on a match after it has already started, with odds that update in real time.
- Know Your Customer (KYC)
- Identity checks required by law to verify who you are, prevent fraud, and ensure safe gambling.
- Lay Bet
- A bet that a specific outcome will NOT happen, offered on betting exchanges where you act as the bookmaker.
- Match Result Bet
- A bet on which team will win a match or if it will end in a draw.
- Maximum Bet Limit
- The highest amount a bookmaker will accept on a particular market, set to manage risk.
- Moneyline Odds
- Odds displayed as a positive or negative number indicating how much you win per $100 bet, common in the US.
- Over/Under
- A bet on whether the total number of goals in a match will be more or less than a set number.
- Responsible Gambling
- Tools and practices such as deposit limits and self‑exclusion designed to keep betting safe and prevent addiction.
- Rollover Requirement
- The number of times you must wager a bonus amount before you can withdraw any related winnings.
- Stake
- The amount of money you risk on a single bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, suggesting a positive expected return.