Knowledge Base
Glossary
Plain-English definitions for the terminology used across Pitch Notes.
- Accumulator
- A single bet that links two or more selections; all must win for you to get a payout.
- Asian Handicap
- A handicap applied to each team to remove the draw option, often using half or quarter goal lines to create balanced odds.
- Bankroll
- The total amount of money you have set aside for placing bets.
- Bet Builder
- A tool that lets you combine multiple outcomes from the same match into one wager.
- Both Teams To Score
- A bet on whether each team will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Correct Score
- A market where you bet on the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible match outcomes, increasing your chance of winning.
- Draw No Bet
- A bet where you pick a team to win; if the match ends in a draw, your stake is refunded.
- Even Money
- Odds of 2.00 (or +100 in American format) where the potential profit equals the amount you stake.
- First Goalscorer
- A market where you bet on the player who will score the first goal in a match.
- Handicap Betting
- A betting system that gives one team a fictional advantage or disadvantage to even out the chances.
- In-Play Betting
- Placing bets after a match has started, with odds that update as the game progresses.
- Lay Bet
- Betting against an outcome, often on a platform where you can act as the bookmaker.
- Margin
- The bookmaker’s built-in advantage reflected in the odds they offer.
- Odds
- A number that shows how likely an outcome is and determines how much you can win if the bet wins.
- Over/Under
- A bet on whether a specific statistic, such as total goals, will be over or under a set value.
- Profit Boost
- A bonus that increases the net profit from a winning bet by a set percentage.
- Risk-Free Bet
- A promotion that refunds your stake if the bet loses, usually as a free bet.
- Rollover
- The number of times you must wager bonus funds before you can withdraw any winnings.
- Stake
- The amount of money you wager on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving you an edge.
- Void Bet
- A bet that is cancelled and the stake returned, typically because the event was postponed or a rule was broken.
- Welcome Bonus
- A promotion for new customers, often matching the first deposit up to a certain amount.