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Knowledge Base

Glossary

Plain-English definitions for the terminology used across Pitch Notes.

001
Anytime Goalscorer
Anytime Goalscorer is a bet that a selected player will score at any point during the match.
002
Arbitrage
Arbitrage involves betting on all possible outcomes of an event across different books to guarantee a profit regardless of the result.
003
Asian Handicap
Asian Handicap gives a team a positive or negative goal advantage to level the playing field, removing the draw option.
004
Bankroll
Bankroll is the total amount of money you have set aside for betting.
005
Both Teams To Score (BTTS)
Both Teams To Score is a bet on whether each team will find the net at least once during the match.
006
Cash Out
Cash Out lets you settle your bet before the event ends, locking in a profit or limiting a loss.
007
Correct Score
Correct Score is a bet that predicts the exact final score of a match.
008
Decimal Odds
Decimal odds show the total payout per unit staked, including your original stake.
009
Draw No Bet
Draw No Bet lets you bet on a team to win; if the match ends in a draw, your stake is refunded.
010
First Goalscorer
First Goalscorer is a bet on which player will score the first goal in the game.
011
Fractional Odds
Fractional odds display the profit relative to your stake, shown as a fraction like 5/1.
012
Goal Line
Goal Line is the total-goals line you bet on, similar to Over/Under but often set in half-goal increments.
013
In-Play
In-Play is another term for Live Betting, referring to wagers made after the match has started.
014
Juice
Juice is the commission or fee a book adds to the odds, typically seen as the price of placing a bet.
015
Live Betting
Live Betting allows you to place bets on a match while it is in progress, with odds that change as the game unfolds.
016
Moneyline
Moneyline odds indicate how much you must bet to win $100 (or the equivalent) on a given outcome.
017
Odds
Odds represent the likelihood of an outcome and determine how much you can win if your bet is correct.
018
Over/Under
Over/Under is a bet on whether the total goals (or points) in a match will be more or less than a set number.
019
Parlay
Parlay is a single bet that combines two or more selections; all choices must win for you to get a payout.
020
Partial Cash Out
Partial Cash Out allows you to cash out only part of your bet while leaving the remainder active.
021
Pre-Match
Pre-Match refers to bets placed before the match begins, based on the starting odds.
022
Single Bet
Single Bet is a straightforward wager on one outcome, with returns based solely on that result.
023
System Bet
System Bet is a combination of multiple bets that covers several possible outcomes, reducing risk while requiring fewer winning selections.
024
Unit
Unit is a standard amount, often a fixed percentage of your bankroll, used to size your bets consistently.
025
Value Bet
Value Bet is a wager where the odds are higher than they should be, giving you an expected advantage.