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Knowledge Base

Glossary

Plain-English definitions for the terminology used across Fan Strategy.

001
Age Verification
Age Verification is a check to ensure you are legally old enough to place bets.
002
Anytime Goalscorer
Anytime Goalscorer is a bet that a chosen player will score at any point in the match.
003
Arbitrage
Arbitrage involves betting on all possible outcomes across different bookmakers to guarantee a profit.
004
Asian Handicap
Asian Handicap gives a team a positive or negative goal advantage to eliminate the draw as a betting option.
005
Bankroll Management
Bankroll Management is the practice of setting a budget for betting and risking only a small portion of it.
006
Bet Builder
Bet Builder allows you to create a custom bet by picking different markets from the same match.
007
Bonus Wagering Requirement
Bonus Wagering Requirement is the number of times you must bet a bonus before you can withdraw it.
008
Both Teams to Score (BTTS)
Both Teams to Score (BTTS) is a bet that each team will score at least one goal during the match.
009
Cash Out
Cash Out gives you the option to settle a bet early, either to secure a profit or limit a loss.
010
Correct Score
Correct Score requires you to predict the exact final score of a match.
011
Decimal Odds
Decimal Odds show the total payout per unit wagered, including the original stake.
012
Double Chance
Double Chance lets you cover two of the three possible match outcomes in a single wager.
013
First Goalscorer
First Goalscorer is a bet on which player will score the opening goal of the game.
014
Free Bet
Free Bet is a promotional credit you can use to place a bet without using your own money.
015
Goal Line
Goal Line is the total goals line used for Over/Under bets, often set at 2.5 goals.
016
KYC (Know Your Customer)
KYC (Know Your Customer) is the identity verification process required by betting sites to confirm your age and identity.
017
Live Betting
Live Betting lets you place bets on a match after it has already started.
018
Odds
Odds represent the likelihood of an outcome and indicate how much you can win relative to your stake.
019
Over/Under
Over/Under is a bet on whether the total number of goals in a match will be higher or lower than a set line.
020
Parlay
Parlay combines multiple selections into one bet, and all must win for you to receive a payout.
021
Responsible Gambling
Responsible Gambling refers to practices and tools that help you bet safely and within your means.
022
Self-Exclusion
Self-Exclusion allows you to temporarily or permanently block your account from betting.
023
Spread
Spread is a points-based handicap that evens the chances between two teams.
024
Stake
Stake is the amount of money you risk on a particular bet.
025
Value Bet
Value Bet occurs when the odds offered are higher than the true probability of the outcome.