Skip to content
Knowledge Base

Glossary

Plain-English definitions for the terminology used across World Cup Hub.

001
Acca
Short for accumulator, an acca links multiple selections and only pays if every one wins.
002
Anytime Goalscorer
Anytime goalscorer bets win if the selected player scores at any point during the match.
003
Asian Handicap
Asian handicap gives one team a goal advantage or disadvantage, removing the draw as a betting option.
004
Back Bet
A back bet is a standard wager that an outcome will happen, the opposite of a lay bet.
005
Bankroll
Your bankroll is the total money you have set aside for betting.
006
Bet Builder
Bet builder lets you combine different markets from the same match into a single custom wager.
007
Bet Slip
A bet slip lists the selections and odds you have chosen, confirming your wager.
008
Both Teams To Score
Both teams to score wins if each side scores at least one goal during the match.
009
Cash Out
Cash out allows you to settle a bet early, locking in a profit or cutting a loss.
010
Correct Score
Correct score bets win only when you predict the exact final score of the match.
011
Double Chance
Double chance lets you cover two of the three possible match outcomes in a single bet.
012
Draw No Bet
Draw no bet returns your stake if the match ends in a draw, otherwise you win if your team wins.
013
Edge
Edge is the statistical advantage you have over the bookmaker’s odds, often expressed as a percentage.
014
First Goalscorer
First goalscorer bets win if the player you pick scores the first goal of the game.
015
Handicap Betting
Handicap betting evens the contest by applying a goal margin to the favored team.
016
Lay Bet
A lay bet is a wager that a specific outcome will not happen, common on betting exchanges.
017
Live Betting
Live betting lets you place wagers after a match has started, with odds that change during play.
018
Margin
Margin is the bookmaker’s built‑in profit, reflected in odds that are slightly lower than true odds.
019
Odds
Odds indicate how likely an outcome is and how much a winning bet will pay out.
020
Over/Under
Over/under bets predict whether a statistic, like total goals, will be above or below a set line.
021
Parlay
A parlay combines two or more selections into one bet; all must win for a payout.
022
Stake
The stake is the amount of money you risk on a bet.
023
Surebet
A surebet, also known as arbitrage, guarantees a profit by betting on all possible outcomes across different bookmakers.
024
Value Bet
A value bet occurs when the odds offered are higher than the true probability of the outcome.
025
Void Bet
A void bet cancels the wager and refunds your stake, usually because the event was abandoned.