Knowledge Base
Glossary
Plain-English definitions for the terminology used across Tactical Review.
- Asian Handicap
- Asian Handicap eliminates the draw by giving one team a virtual advantage or disadvantage, adjusting the final result for betting.
- Bankroll
- Your bankroll is the total amount of money you have set aside for placing bets.
- Bet Builder
- Bet Builder is a tool that lets you combine different outcomes from the same match into a single wager.
- Cash Out
- Cash Out allows you to settle a bet before the match ends, locking in a profit or cutting a loss.
- Closing Line
- The Closing Line is the final set of odds offered just before a match starts, used to gauge betting skill.
- Decimal Odds
- Decimal odds show the total payout you receive for each unit bet, including your stake.
- Double Chance
- Double Chance is a bet that covers two of the three possible outcomes, increasing your chance of winning.
- Expected Value
- Expected Value is the average amount you can expect to win or lose per bet over the long run.
- Fractional Odds
- Fractional odds express the profit you make relative to your stake, shown as a fraction.
- Handicapper
- A Handicapper analyses teams and matches to produce betting predictions.
- Juice
- Juice is the commission the bookmaker charges, included in the odds to ensure a profit.
- Live Betting
- Live Betting lets you place bets on a match while it is being played, with odds that change during the game.
- Market
- A Market is the collection of odds and betting options offered for a specific event.
- Moneyline
- A Moneyline bet is a straightforward wager on which team will win the match, with odds reflecting each team’s chance.
- Odds
- Odds represent the likelihood of an outcome and determine how much you can win if your bet is correct.
- Over/Under
- Over/Under is a bet on whether the total number of goals scored in a match will be above or below a line set by the bookmaker.
- Parlay
- A Parlay combines multiple selections into one bet, and all must win for you to receive a payout.
- Public Money
- Public Money refers to bets placed by casual bettors, often influencing line movement.
- Push
- A Push happens when a bet lands exactly on the line, resulting in the stake being returned.
- Spread
- The spread is a point handicap set by the bookmaker to make the teams equally attractive for betting.
- Stake
- The stake is the amount of money you risk on a single bet.
- Unit
- A unit is a standard bet size, usually a small percentage of your bankroll, used to manage risk.
- Value Bet
- A Value Bet occurs when the odds offered are higher than the true probability of the outcome, giving an edge.