Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Accumulator
- An accumulator is a type of parlay where multiple selections are linked, and winnings roll over each winning leg.
- Bankroll
- Your bankroll is the total amount of money you have set aside for betting.
- Bet Builder
- Bet builder is a feature that lets you combine different markets from the same match into a single custom wager.
- Bet Slip
- A bet slip is the record of the bets you plan to place, showing the selections, odds, and potential payout.
- Bonus
- A bonus is extra funds or perks added to your account, often subject to terms like wagering requirements.
- Cash Out
- Cash out allows you to settle a bet before the event ends, locking in a profit or cutting a loss based on the current odds.
- Cashback
- Cashback is a promotion that returns a portion of your losses as a credit or free bet after a certain period.
- Deposit Limit
- A deposit limit caps the amount of money you can add to your account within a chosen timeframe.
- Free Bet
- A free bet is a token the bookmaker gives you that lets you place a wager without using your own money, with any winnings usually retained.
- Handicap
- A handicap gives one team a virtual advantage or disadvantage to level the playing field for betting purposes.
- In-Play Betting
- In-play betting lets you place bets on a match while it is already in progress, with odds that update as the game unfolds.
- KYC
- KYC, or know your customer, is the process a bookmaker uses to verify your identity and prevent fraud.
- Licensed Operator
- A licensed operator is a betting site that holds a valid permit from a recognized regulatory authority.
- Odds
- Odds indicate how likely an outcome is and determine how much you can win if your bet succeeds.
- Over/Under
- Over/under is a bet on whether a specific statistic, like total goals, will be higher or lower than a set line.
- Parlay
- A parlay combines two or more selections into a single bet, and all must win for you to get a payout.
- Provably Fair
- Provably fair is a system that uses math to let players check that each game result is random and not rigged.
- Regulatory Jurisdiction
- A regulatory jurisdiction is the region or country whose laws and rules govern the bookmaker's operations.
- Responsible Gambling Tools
- Responsible gambling tools are features such as deposit limits, time-outs, and self-exclusion that help you stay in control of your betting.
- RTP
- RTP, or return to player, is the percentage of total wagered money that a game pays back to players over time.
- Self-Exclusion
- Self-exclusion is a formal request to block your account for a set period, preventing you from placing bets.
- Stake
- The stake is the amount of money you risk on a bet.
- Value Bet
- A value bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome.
- Void Bet
- A void bet is a bet that is canceled and the stake is returned, usually because the event was postponed or the market was suspended.
- Wagering Requirement
- A wagering requirement is the number of times you must bet a bonus before you can withdraw any winnings from it.