Knowledge Base
Glossary
Plain-English definitions for the terminology used across Fan Strategy.
- 1X2
- a betting market where you pick one of three outcomes: home win (1), draw (X), or away win (2).
- Accumulator
- a single bet that combines multiple selections; all must win for the bet to pay out.
- Asian Handicap
- a spread that gives one team a virtual advantage or disadvantage to eliminate the draw option.
- Asian Total
- a fractional over/under line that can result in a half‑win or half‑loss, avoiding push outcomes.
- Bankroll
- the total money you have set aside for placing bets.
- Bet Builder
- a tool that lets you combine several markets from the same match into one wager.
- Bookmaker Margin
- the built‑in profit the bookmaker includes in the odds, representing the difference between true probability and offered odds.
- Both Teams to Score
- 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 early for a reduced payout, locking in profit or limiting loss.
- Chasing Losses
- the habit of increasing bets after a loss in an attempt to win back money, often leading to bigger losses.
- Double Chance
- a bet that covers two of the three possible results, increasing your chance of winning.
- Edge
- an advantage you have over the bookmaker, usually found through analysis or odds errors.
- Goal Line
- the total number of goals set for a match in over/under betting, also called the total line.
- KYC
- the process of verifying a customer’s identity to prevent fraud and comply with legal requirements.
- Live Betting
- placing bets on match events after kickoff, with odds that update in real time.
- Martingale
- a betting strategy where you double your stake after each loss, aiming to recover previous losses with a eventual win, but risky.
- Odds
- the number that indicates how much you can win relative to your stake, reflecting the implied chance of an outcome.
- Over/Under
- a bet on whether the total number of goals in a match will be higher or lower than a set line.
- Player Prop
- a bet on an individual player’s performance, such as goals scored, assists, or cards received.
- Pre‑match
- betting on a game before it starts, using odds set at the time of the wager.
- Responsible Gambling
- a set of practices and tools that help players stay safe and avoid problem gambling.
- Self‑Exclusion
- a voluntary ban you can place on yourself to stop gambling for a set period of time.
- Stake
- the amount of money you risk on a particular bet.
- Unit
- a standard sizing unit for bets, often a fixed percentage of your bankroll to keep risk consistent.
- Value Bet
- a wager where the odds offered are higher than the true probability of the outcome, giving you an edge.