Knowledge Base
Glossary
Plain-English definitions for the terminology used across Tactical Review.
- Arbitrage
- Arbitrage exploits differences in odds across bookmakers to guarantee a profit by betting on all possible outcomes.
- Asian Handicap
- Asian Handicap gives a team a fractional goal advantage or disadvantage to eliminate the draw option.
- Bankroll
- Bankroll is the total sum of money set aside for placing bets.
- Bet Builder
- Bet Builder is an online tool that lets you combine multiple markets from a single match into one custom wager.
- Bookmaker
- Bookmaker is a company or platform that sets odds and accepts bets from customers.
- Both Teams to Score
- Both Teams to Score is a bet on whether each side will find the net at least once during the match.
- Cash Out
- Cash Out lets you settle a bet before the event concludes, locking in a profit or limiting a loss.
- Correct Score
- Correct Score is a wager predicting the exact final score of a match.
- Double Chance
- Double Chance allows you to cover two of the three possible outcomes in a single bet.
- Draw No Bet
- Draw No Bet lets you back a team to win, and your stake is refunded if the match ends in a draw.
- Edge
- Edge is the statistical advantage a bettor believes they have over the bookmaker’s odds.
- European Handicap
- European Handicap applies whole-number handicaps to teams, including the draw as a separate betting choice.
- Hedge
- Hedge is a counter‑bet placed to reduce risk or guarantee a profit regardless of the original bet’s outcome.
- In-Play Betting
- In‑Play Betting lets you place bets on a match while it is already in progress, with odds that update live.
- Moneyline
- Moneyline is a straight bet on which team will win a match, without any point adjustments.
- Odds
- Odds represent the likelihood of a specific outcome and determine how much you can win relative to your stake.
- Over/Under
- Over/Under is a wager on whether a specific statistic, usually total goals, will exceed or fall short of a line.
- Parlay
- Parlay combines two or more selections into a single bet, with all picks needing to win for a payout.
- Payout
- Payout is the total amount you receive when a bet wins, including the original stake and profit.
- Point Spread
- Point Spread is a handicap given to the underdog to level the betting field between two teams.
- Pre-Match Betting
- Pre‑Match Betting refers to placing bets on a game before it officially starts.
- Stake
- Stake is the amount of money you risk on a bet.
- System Bet
- System Bet links several selections in a multi‑bet that pays out even if some, but not all, of the picks win.
- Totals
- Totals are bets on whether the combined score of a match will be over or under a set number.
- Value Bet
- Value Bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome.