Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Accumulator
- Accumulator is a single bet that links multiple selections; all must win for the bet to pay out, multiplying the odds.
- AML
- AML stands for Anti-Money Laundering, a set of regulations that prevent betting platforms from being used for illegal money transfers.
- Arbitrage Betting
- Arbitrage Betting exploits differences in odds across bookmakers to secure a risk-free profit regardless of the result.
- Asian Handicap
- Asian Handicap is a spread betting system that eliminates the draw outcome and balances the perceived strength of competing teams.
- Bankroll
- Bankroll is the total amount of money a bettor sets aside for wagering purposes.
- Bet Builder
- Bet Builder is a feature that lets you create a custom bet by combining different markets within the same event into one wager.
- Cashback
- Cashback is a refund of a percentage of your net losses over a set period, credited as bonus funds or real cash.
- Free Bet
- Free Bet is a promotion that lets you place a bet without using your own money, with any winnings usually returned as withdrawable cash.
- House Edge
- House Edge is the built-in advantage a casino or sportsbook holds in any bet, expressed as a percentage of each wager.
- In-Play Betting
- In-Play Betting allows you to place wagers on a match after it has started, with odds shifting as the game unfolds.
- KYC
- KYC stands for Know Your Customer, the process of verifying a player's identity to comply with legal and security standards.
- Lay Bet
- Lay Bet is a wager that a specific outcome will not happen, typically placed against another bettor in a betting exchange.
- Live Streaming
- Live Streaming lets you watch the match directly on the betting site while placing in-play bets.
- Matched Betting
- Matched Betting uses free bets and lay bets to guarantee a profit by covering all possible outcomes of an event.
- Multi-Bet
- Multi-Bet is a single wager that combines several selections, similar to an accumulator, with combined odds.
- No Deposit Bonus
- No Deposit Bonus is a small credit you receive just for signing up, allowing you to try bets without depositing your own funds.
- Odds Boost
- Odds Boost is a promotion that increases the payout odds on a specific selection, giving you a higher potential return.
- Progressive Jackpot
- Progressive Jackpot is a prize pool that grows each time the game is played and can be won randomly or through a specific combination.
- Push
- Push occurs when a bet ends in a tie, resulting in the stake being returned to the bettor without a win or loss.
- RTP
- RTP stands for Return to Player, the percentage of total wagers a game pays back to players over time.
- Self-Exclusion
- Self-Exclusion is a voluntary period where a player cannot access their betting account, used to control gambling behavior.
- Stake
- Stake is the amount of money you wager on a single bet.
- Void Bet
- Void Bet is a bet that is canceled and the stake is refunded, usually because the event did not occur as scheduled.
- Volatility
- Volatility describes how often and how much a game can pay out; high volatility means larger but less frequent wins.
- Wagering Requirement
- Wagering Requirement is the number of times you must bet a bonus before you can withdraw any winnings.