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Knowledge Base

Glossary

Plain-English definitions for the terminology used across Pitch Notes.

001
Accumulator (Acca)
A single bet that links multiple selections together; all must win for the bet to pay out, and the winnings increase with each correct pick.
002
Asian Handicap
A handicap that splits the bet into two separate bets, eliminating the draw and reducing the number of possible outcomes.
003
Bankroll
The total amount of money you have set aside for betting.
004
Bonus
Extra funds or free bets offered by a betting site, often subject to conditions before withdrawal.
005
Both Teams to Score (BTTS)
A bet on whether each side will score at least one goal during the match.
006
Cash Out
A feature that lets you settle a bet before the event ends, locking in a profit or reducing a loss based on the current odds.
007
Correct Score
A bet that requires predicting the exact final score of the match.
008
Double Chance
A bet that covers two of the three possible outcomes (home win/draw, away win/draw, or either side winning) in one wager.
009
Draw No Bet
A bet where you win if your chosen team wins, and you get your stake back if the match ends in a draw.
010
European Handicap
A handicap that gives one team a whole‑number advantage, but the draw is still a possible result.
011
First Goal Scorer
A bet on which player will score the first goal in the game.
012
Free Bet
A bet you can place without using your own money; any winnings are usually paid out, but the free bet stake is not returned.
013
Live Betting
Placing bets on a match while it is in progress, with odds that update as the game unfolds.
014
Moneyline
A bet on which team will win the match, with odds that reflect each team's chance of winning.
015
Odds
The numbers that show how likely a particular outcome is and how much you can win if your bet is correct.
016
Over/Under
A bet on whether the total number of goals (or points) in a match will be higher or lower than a set line.
017
Parlay
A bet that combines two or more individual bets into one; all selections must win for a payout.
018
Payout
The total amount of money you receive when a bet wins, including the original stake and profit.
019
RTP
The percentage of total money wagered on a game that is returned to players over time, indicating the game's expected payout.
020
Single Bet
A straightforward bet on a single outcome, with the stake placed on one selection.
021
Spread
A points advantage given to the underdog, so the favorite must win by more than that number for the bet to pay out.
022
Stake
The amount of money you risk on a particular bet.
023
Value Bet
A bet where the odds offered by the bookmaker are higher than the true probability of the outcome, giving an expected edge to the bettor.
024
Volatility
A measure of how much a game's payouts vary in size and frequency; high volatility means bigger but less frequent wins.
025
Wagering Requirement
The number of times you must bet a bonus amount before you can withdraw any related winnings.