Knowledge Base
Glossary
Plain-English definitions for the terminology used across Stadium View.
- American Odds
- Odds displayed as a positive (+) or negative (−) number, showing how much profit a $100 bet would make or how much you must stake to win $100.
- Arbitrage Betting
- Placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
- Bankroll
- The total amount of money set aside by a bettor for placing bets, separate from everyday finances.
- Cash Out
- A feature allowing bettors to settle a bet before the event ends, either securing a profit or limiting a loss.
- Decimal Odds
- Odds expressed as a single number (e.g., 2.50) representing the total return for each unit wagered, including the stake.
- Deposit Match Bonus
- A promotional offer where the bookmaker adds a percentage of the deposited amount as bonus funds, subject to wagering conditions.
- Fractional Odds
- Odds shown as a fraction (e.g., 3/2) that indicates the profit relative to the stake.
- Free Bet
- A bonus token that can be used to place a bet without risking the bettor’s own money; any winnings are usually paid out, not the stake.
- Futures Bet
- A long‑term bet placed on the outcome of a tournament or award, such as who will win the World Cup.
- Hedge Bet
- Betting on the opposite outcome of an earlier bet to lock in a profit or reduce potential loss.
- Juice
- The commission charged by a bookmaker on a bet, typically built into the odds, ensuring the house edge.
- KYC
- Know Your Customer; the process of verifying a bettor’s identity and age to comply with legal and regulatory standards.
- Live Betting
- Placing bets on a match while it is in progress, with odds that update in real time based on the game flow.
- Moneyline
- A bet on which team will win the match outright, with odds expressed as a positive or negative number.
- Odds Boost
- A promotion that increases the odds on a specific selection, raising the potential payout for the bettor.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher (Over) or lower (Under) than a set line.
- Parlay
- A single bet that links two or more selections; all must win for the parlay to pay out, offering higher odds but greater risk.
- Point Spread
- A handicap given to the favorite team to level the playing field, requiring them to win by a certain margin for the bet to win.
- Prop Bet
- A wager on a specific event within a match, such as which player scores first or how many yellow cards are issued.
- ROI
- Return on Investment; the net profit or loss from betting relative to the total amount wagered, expressed as a percentage.
- Self-Exclusion
- A self‑imposed ban that prevents a bettor from accessing their account for a set period, used as a responsible gambling tool.
- Unit
- A standardized amount of money used to measure the size of a bet, often a small percentage of the bankroll.
- Value Bet
- A bet where the perceived probability of an outcome is higher than the odds offered, indicating a positive expected value.
- Wagering Requirement
- The number of times bonus funds must be wagered before any winnings can be withdrawn.