Knowledge Base
Glossary
Plain-English definitions for the terminology used across Fan Strategy.
- Accumulator
- An accumulator is a single bet that combines multiple selections, and all of them must win for you to get a return.
- AML
- AML stands for Anti-Money Laundering, a set of rules and procedures that betting sites follow to detect and prevent illegal money flows.
- Asian Handicap
- Asian Handicap is a type of bet that gives one team a virtual advantage or disadvantage to level the playing field.
- Bankroll
- Your bankroll is the total amount of money you have set aside for betting.
- Bet Builder
- Bet Builder is a feature that lets you combine multiple markets from the same match into one custom bet.
- Both Teams to Score
- Both Teams to Score is a bet on whether both sides will score at least one goal during the match.
- Cash Out
- Cash Out lets you settle your bet before the match ends, locking in a profit or cutting your losses.
- Chasing Losses
- Chasing losses is the risky habit of increasing your bets after a loss in an attempt to recover your money quickly.
- Correct Score
- Correct Score is a bet where you predict the exact final score of a match.
- Double Chance
- Double Chance is a bet that covers two of the three possible outcomes in a match, increasing your chance to win.
- Edge
- An edge is an advantage you have over the bookmaker, often based on knowledge or data that improves your chance of winning.
- First Goalscorer
- First Goalscorer is a bet on which player will score the first goal in the match.
- 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.
- KYC
- KYC means Know Your Customer, a process where the bookmaker verifies your identity to prevent fraud and comply with regulations.
- Odds
- Odds are numbers that show how likely an event is to happen and how much money you can win if your bet wins.
- 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.
- Overbets
- Overbets refer to placing bets larger than your bankroll can sustain, which increases the risk of significant financial loss.
- Price Boost
- Price Boost is a promotion that increases the odds on a specific selection, giving you a higher potential payout.
- ROI
- ROI stands for Return on Investment, measuring how much profit you make relative to the amount you have wagered.
- RTP
- RTP stands for Return to Player, which is the percentage of total bets a game pays back to players over time.
- Scorecast
- Scorecast is a combo bet where you predict the exact final score and the first goalscorer in the match.
- Stake
- Your stake is the amount of money you put on a bet.
- 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.
- Void Bet
- A void bet is a bet that is cancelled and your stake is refunded, usually if the match is postponed or aborted.
- Wagering Requirement
- A wagering requirement is a condition that says how many times you must bet your bonus money before you can withdraw it.