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Knowledge Base

Glossary

Plain-English definitions for the terminology used across Fan Strategy.

001
Accumulator
An accumulator is a single bet that combines multiple selections, and all of them must win for you to get a return.
002
AML
AML stands for Anti-Money Laundering, a set of rules and procedures that betting sites follow to detect and prevent illegal money flows.
003
Asian Handicap
Asian Handicap is a type of bet that gives one team a virtual advantage or disadvantage to level the playing field.
004
Bankroll
Your bankroll is the total amount of money you have set aside for betting.
005
Bet Builder
Bet Builder is a feature that lets you combine multiple markets from the same match into one custom bet.
006
Both Teams to Score
Both Teams to Score is a bet on whether both sides will score at least one goal during the match.
007
Cash Out
Cash Out lets you settle your bet before the match ends, locking in a profit or cutting your losses.
008
Chasing Losses
Chasing losses is the risky habit of increasing your bets after a loss in an attempt to recover your money quickly.
009
Correct Score
Correct Score is a bet where you predict the exact final score of a match.
010
Double Chance
Double Chance is a bet that covers two of the three possible outcomes in a match, increasing your chance to win.
011
Edge
An edge is an advantage you have over the bookmaker, often based on knowledge or data that improves your chance of winning.
012
First Goalscorer
First Goalscorer is a bet on which player will score the first goal in the match.
013
In-Play
In-Play betting allows you to place bets on a match after it has started, with odds that update as the game unfolds.
014
KYC
KYC means Know Your Customer, a process where the bookmaker verifies your identity to prevent fraud and comply with regulations.
015
Odds
Odds are numbers that show how likely an event is to happen and how much money you can win if your bet wins.
016
Over/Under
Over/Under is a bet on whether the total number of goals in a match will be above or below a set number.
017
Overbets
Overbets refer to placing bets larger than your bankroll can sustain, which increases the risk of significant financial loss.
018
Price Boost
Price Boost is a promotion that increases the odds on a specific selection, giving you a higher potential payout.
019
ROI
ROI stands for Return on Investment, measuring how much profit you make relative to the amount you have wagered.
020
RTP
RTP stands for Return to Player, which is the percentage of total bets a game pays back to players over time.
021
Scorecast
Scorecast is a combo bet where you predict the exact final score and the first goalscorer in the match.
022
Stake
Your stake is the amount of money you put on a bet.
023
Value Bet
A value bet is when the odds offered by the bookmaker are higher than the true probability of the outcome, giving you a positive expected return.
024
Void Bet
A void bet is a bet that is cancelled and your stake is refunded, usually if the match is postponed or aborted.
025
Wagering Requirement
A wagering requirement is a condition that says how many times you must bet your bonus money before you can withdraw it.