Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Asian Handicap
- Asian handicap gives a team a fractional goal advantage or disadvantage to eliminate the draw option.
- Bankroll Management
- Bankroll management means setting a budget for betting and sticking to it to avoid losing more than you can afford.
- Bookmaker
- A bookmaker is a company that sets odds and accepts bets from customers.
- Cash Out
- Cash out lets you settle a bet before the match ends, locking in a profit or limiting a loss.
- Edge
- An edge is an advantage you believe you have over the bookmaker’s odds, increasing your expected value.
- Free Bet
- A free bet is a token the bookmaker gives you that can be used to place a bet without using your own money.
- KYC
- KYC stands for Know Your Customer; it is the process of verifying your identity to comply with regulations.
- Live Betting
- Live betting allows you to place bets on a match while it is being played, with odds that change in real time.
- Margin
- Margin is the bookmaker’s built‑in profit margin, reflected in the total implied probabilities exceeding 100%.
- Moneyline
- A moneyline bet is a straightforward wager on which team will win a match, without any point spread.
- No Deposit Bonus
- A no deposit bonus credits a small amount to your account just for signing up, letting you try betting without risking your own funds.
- Odds
- Odds tell you how likely a particular outcome is and how much you can win if your bet succeeds.
- Odds Format
- Odds format is the way odds are displayed, such as decimal, fractional, or American, affecting how you calculate potential payouts.
- Over/Under
- An over/under bet predicts whether the total number of goals scored in a match will be higher or lower than a set number.
- Parlay
- A parlay combines multiple bets into one; all selections must win for the parlay to pay out.
- Point Spread
- A point spread assigns a handicap to the favorite team to level the betting field.
- Prop Bet
- A prop bet focuses on a specific event within a match, such as which player scores first.
- Responsible Gambling
- Responsible gambling refers to practices and tools that help you stay in control and avoid harmful betting behavior.
- Self‑Exclusion
- Self‑exclusion is a tool that lets you block yourself from betting on the site for a set period.
- Stake
- The stake is the amount of money you risk on a bet.
- Unit
- A unit is a standard amount of money used to size bets, often representing a small percentage of your total bankroll.
- Value Bet
- A value bet occurs when the odds offered are higher than the true probability of the outcome, giving you a positive expected return.
- Vig
- Vig, also called juice, is the fee a bookmaker charges for taking your bet, built into the odds.
- Wagering Requirement
- A wagering requirement tells how many times you must bet a bonus amount before you can withdraw any winnings.