Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Accumulator
- An accumulator bundles several selections into one bet, with winnings from each winning selection rolling over to the next.
- Bankroll
- Your bankroll is the total amount of money you have set aside for betting.
- Bonus
- A bonus is extra funds or free bets offered by a sportsbook, usually subject to specific conditions before withdrawal.
- Cash Out
- Cash out is a feature that lets you settle a bet before the match ends, locking in a profit or cutting a loss.
- Edge
- Edge refers to a bettor’s perceived advantage over the bookmaker’s odds, often based on research or inside information.
- Free Bet
- A free bet is a risk-free wager funded by the sportsbook; you keep any winnings after meeting the rollover terms.
- Handicap
- A handicap adds or subtracts points from a team’s final score to give the underdog a virtual advantage.
- KYC
- KYC, or Know Your Customer, is the process of verifying a player’s identity to prevent fraud and comply with regulations.
- Licensed Operator
- A licensed operator is a betting platform that holds a legal permit from a regulator, ensuring it follows fair and safe standards.
- Live Betting
- Live betting allows you to place bets on a match while it’s happening, with odds that change as the game unfolds.
- Margin
- Margin is the bookmaker’s built-in advantage, expressed as a percentage, ensuring they profit over the long run.
- Maximum Payout
- Maximum payout is the highest amount a sportsbook will pay out on a single bet, regardless of the actual odds.
- Moneyline
- A moneyline bet is a wager on which team will win the match, shown as positive or negative odds.
- No Deposit Bonus
- A no-deposit bonus is a small amount credited just for signing up, letting you try betting without making a deposit.
- Odds
- Odds indicate how likely an outcome is to happen and determine how much you can win for each unit you stake.
- Over/Under
- An over/under bet predicts whether the total number of goals in a match will be higher or lower than a set line.
- Parlay
- A parlay combines multiple selections into a single bet, and all of them must win for you to receive a payout.
- Responsible Gambling
- Responsible gambling refers to practices and tools that help you stay in control, set limits, and avoid harmful behavior.
- RTP
- Return to Player (RTP) tells you what percentage of total money wagered on a game is paid back to players over time.
- Self-Exclusion
- Self-exclusion is a voluntary option that blocks you from betting for a set period, helping you control gambling behavior.
- Spread
- The spread is a point handicap given to the underdog to make the betting more even.
- Stake
- Your stake is the amount of money you risk on a single bet.
- Volatility
- Volatility describes how often and how much a game can pay out; high volatility means bigger but rarer wins.
- Wagering Requirement
- A wagering requirement is the number of times you must bet the bonus amount before you can withdraw any winnings.