Knowledge Base
Glossary
Plain-English definitions for the terminology used across Fan Strategy.
- 1X2
- A three‑way market where you bet on a home win (1), draw (X) or away win (2).
- Accumulator
- A single bet that links several selections; all must win for the bet to pay out.
- Age Verification
- A check that confirms a user is legally old enough to gamble in their jurisdiction.
- AML
- Anti‑Money Laundering – rules that require the platform to detect and report suspicious financial activity.
- Asian Handicap
- A spread that gives one team a fractional goal advantage or disadvantage to level the odds.
- Bankroll
- The total money you have set aside for betting.
- Bet Builder
- An online tool that lets you combine multiple selections from the same match into a single wager.
- Both Teams to Score (BTTS)
- A wager on whether each side will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or cutting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes in a match, increasing your chance of winning.
- Edge
- An advantage you have over the bookmaker’s odds, usually calculated from perceived mispricing.
- Goal Line
- The set number of total goals used for Over/Under bets, similar to a line in point spreads.
- KYC
- Know Your Customer – the process of verifying a bettor’s identity to prevent fraud and under‑age gambling.
- Live Betting
- Placing bets on a match while it is in progress, with odds that update as the game unfolds.
- Odds
- The price that reflects how likely a particular outcome is and determines your potential payout.
- Over/Under
- A bet on whether the total number of goals in a match will be more or less than a set number.
- Parlay
- A type of accumulator that mixes selections across different matches, with combined odds and higher risk.
- Pre‑Match Odds
- The odds set for a market before a match starts, based on prior analysis and market activity.
- Responsible Gambling
- Practices and tools that help players stay in control and avoid harmful betting behavior.
- Same‑Game Parlay
- A parlay built entirely from markets within one match, often with correlated odds.
- Self‑Exclusion
- A facility that lets a player voluntarily block their own account for a set period.
- Stake
- The amount of money you risk on a bet.
- System Bet
- A bet that creates multiple smaller parlays from a list of selections, allowing some mistakes.
- Value Bet
- A selection where the odds offered are higher than the true probability, giving an expected edge.
- Wagering Requirement
- The number of times you must bet a bonus amount before it can be withdrawn as cash.