Knowledge Base
Glossary
Plain-English definitions for the terminology used across Tactical Review.
- Accumulator
- A type of parlay where winnings from each winning selection are placed on the next.
- Asian Handicap
- A handicap that eliminates the draw outcome by giving one team a half‑ or full‑goal advantage.
- Bankroll Management
- The practice of deciding how much money to allocate for betting and how to size bets.
- Bonus Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings.
- Bookmaker
- A company or person that sets odds and accepts bets.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or loss.
- Dutching
- Spreading your stake across multiple outcomes in the same event to ensure a profit no matter which one wins.
- Edge
- An advantage a bettor believes they have over the bookmaker’s odds.
- Free Bet
- A promotional token you can use to place a bet without risking your own money.
- House Edge
- The built‑in advantage a bookmaker or casino has in a bet, expressed as a percentage.
- Juice
- A fee charged by the bookmaker on losing bets.
- Kelly Criterion
- A mathematical formula that calculates the optimal size of a bet based on your edge and odds.
- Live Betting
- Placing bets on a match while it is in progress, with odds that update in real time.
- Matched Betting
- A technique that uses free bets from a bookmaker to guarantee a profit regardless of the result.
- Moneyline
- A bet on which team will win a match, without any point handicap.
- Odds
- The chance of an outcome expressed as a number, indicating how much you can win relative to your stake.
- Over/Under
- A bet on whether the total number of goals scored will be higher or lower than a set number.
- Parlay
- A single bet that links two or more selections; all must win for a payout.
- Payout
- The total money you receive when a bet wins, including your original stake plus any profit.
- Push
- A tie result where all bets are refunded and no one wins or loses.
- RTP
- The percentage of total money wagered that a game pays back to players over time.
- Spread
- A points handicap used to balance the perceived difference between two teams.
- Stake
- The amount of money you risk on a bet.
- Surebet
- An arbitrage situation where odds from different bookmakers allow a risk‑free profit.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an edge.