Knowledge Base
Glossary
Plain-English definitions for the terminology used across Tactical Review.
- Accumulator
- Accumulator combines multiple bets into one, multiplying the odds and requiring all selections to win for a payout.
- Back
- Back means to bet that an outcome will happen, supporting it with your stake.
- Bankroll
- Bankroll is the total amount of money you have set aside for placing bets.
- Bet Builder
- Bet builder is a feature that lets you combine different markets from the same match into one custom bet.
- Cash Out
- Cash out allows you to settle a bet before the match ends, locking in a profit or cutting a loss.
- Dutching
- Dutching spreads your stake across several outcomes so you guarantee a profit regardless of which one wins.
- Futures
- Futures is a bet on an event that will be decided later, like which team will win the World Cup.
- Handicap
- Handicap gives one team a virtual advantage or disadvantage to balance the odds, usually expressed as a goal or point difference.
- House Edge
- House edge is the percentage advantage the bookmaker or casino has in any bet or game.
- In-Play
- In-play refers to odds and bets offered during a match, the same as live betting.
- Juice
- Juice, also called vig, is the commission a bookmaker charges, built into the odds.
- Kelly Criterion
- Kelly criterion is a formula that calculates the optimal size of a bet based on your edge and bankroll.
- Lay
- Lay means to bet that an outcome will not happen, essentially acting as the bookmaker.
- Live Betting
- Live betting lets you place bets on a match while it is happening, with odds that update in real time.
- Moneyline
- Moneyline is a straightforward bet on which team will win the match, with odds shown as a positive or negative number.
- Odds
- Odds represent the likelihood of an outcome and indicate how much you can win if your bet is correct.
- Over/Under
- Over/Under is a bet on whether the total goals or points scored in a match will be more or less than a set figure.
- Parlay
- Parlay links several selections in a single wager; you win only if every selection is correct.
- Point Spread
- Point spread assigns a handicap to a team to make the betting contest even, expressed as a number of goals or points.
- Proposition Bet
- Prop bet is a wager on a specific event within a game, such as which player scores first.
- RTP
- RTP, or Return to Player, is the percentage of total bets a game returns to players over the long term.
- Stake
- Stake is the amount of money you risk on a single bet.
- Volatility
- Volatility measures how often and how much a game pays out; high volatility means bigger but less frequent wins.
- Wagering Requirement
- Wagering requirement is the number of times you must bet a bonus before you can withdraw any winnings.