Knowledge Base
Glossary
Plain-English definitions for the terminology used across Pitch Notes.
- Accumulator
- A single bet that combines multiple selections; all of them must win for the bet to pay out.
- Asian Handicap
- A betting line that gives one team a positive or negative goal advantage to level the playing field.
- Bankroll
- The total amount of money you set aside for betting; your personal betting budget.
- Bet Builder
- A feature that lets you combine different markets from the same match into one custom wager.
- Both Teams to Score
- A bet on whether each side will score at least one goal during the match.
- Cash Out
- An option to settle a bet before the event ends, locking in a profit or reducing a loss.
- Cashback
- A promotion that gives you back a part of your losses, usually as bonus money to bet with.
- Correct Score
- A wager that predicts the exact final score of a match.
- Edge
- An advantage you believe you have over the bookmaker’s odds on a particular selection.
- Free Bet
- A bet funded by the sportsbook that lets you risk none of your own money; winnings usually exclude the stake.
- Golden Boot
- A bet on which player will score the most goals throughout the entire tournament.
- In-Play
- Betting on events while they are actually happening, with odds that change as the game progresses.
- KYC
- Know Your Customer; the process of verifying a player’s identity and age to comply with regulations.
- Live Betting
- Another name for in‑play betting; placing bets on a match as it unfolds in real time.
- Odds Boost
- A promotion that increases the payout odds on a specific bet, giving you a better potential return.
- Over/Under
- Betting on whether a specific statistic, like total goals, will be over or under a set line.
- Provably Fair
- A system that lets players check that each game result was generated randomly and wasn’t manipulated.
- Responsible Gambling
- Practices and resources designed to help players stay in control and avoid harmful betting habits.
- RTP
- Return to Player is the percentage of total wagers a game pays back to players over time.
- Self-Exclusion
- A tool that lets you temporarily or permanently block your own account to stop gambling.
- Unit
- A standard size, usually a small percentage of your bankroll, used to size each bet consistently.
- Value Bet
- A wager where the odds offered are higher than the true chance of the outcome, giving you an edge.
- Volatility
- A measure of how often and how much a game pays out; high volatility means bigger but less frequent wins.
- Wagering Requirement
- A condition that tells you how many times you must bet bonus funds before you can withdraw any winnings.
- Welcome Bonus
- A promotion offered to new customers, often a matched deposit or a free bet to get started.