Skip to content
Knowledge Base

Glossary

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

001
Accumulator
A single bet that links multiple selections; all must win for a payout.
002
Anytime Goalscorer
A bet on a player scoring at any point during the match.
003
Asian Handicap
A handicap given to each team to level the odds, eliminating the draw and offering split lines.
004
Bankroll
The total money you have set aside for betting.
005
Bet Builder
A feature that lets you combine several outcomes from the same match into one custom bet.
006
Bet Settlement
The process of calculating and paying out winnings after the outcome of a bet is confirmed.
007
Both Teams to Score
A bet on whether each team will score at least one goal during the match.
008
Cash Out
The option to settle a bet early, locking in a profit or loss before the match ends.
009
Clean Sheet
A bet on whether a team will not concede any goals during the match.
010
Closing Line Value
The difference between the odds you took and the final odds; a measure of betting skill.
011
Correct Score
A bet that predicts the exact final score of a match.
012
Double Chance
A bet that covers two of the three possible outcomes, increasing your chance to win.
013
Draw No Bet
A bet that refunds your stake if the match ends in a draw.
014
First Goal Scorer
A bet on which player will score the first goal of the match.
015
Goal Line
The total goals line set by the bookmaker; you bet over or under that number.
016
In-Play
Betting on a match while it is ongoing, with odds that update as the game progresses.
017
Juice
The commission built into the odds that the bookmaker keeps from each bet.
018
Moneyline
A bet on which team will win the match, with odds shown as a price for each side.
019
Outright Bet
A bet on a team or player to win a tournament or competition, such as the World Cup.
020
Over/Under
A bet on whether the total number of goals in a match will be higher or lower than a set line.
021
Payout
The total money you receive back if your bet wins, including your original stake.
022
Pre-Match
Placing a bet on a match before it starts.
023
Stake
The amount of money you put on a bet.
024
Top Scorer
A bet on which player will finish as the tournament's leading goal scorer.
025
Value Bet
A bet where the odds offered are higher than the true probability, giving you an edge.