Skip to content
Knowledge Base

Glossary

Plain-English definitions for the terminology used across Tactical Review.

001
Asian Handicap
A handicap given to a team to level the match, often expressed in fractions or quarters to remove draws.
002
Bankroll
The total amount of money set aside for placing bets.
003
Bet Slip
The digital record that lists the selections, odds, and stake for a wager.
004
Cash Out
A feature allowing you to settle a bet before all events have concluded, either securing a profit or limiting a loss.
005
Closing Line
The final odds offered just before an event starts; used to measure betting value.
006
Decimal Odds
A way to express odds as a single number (e.g., 2.50) that includes the stake in the total return.
007
Double Chance
A bet that covers two of the three possible outcomes of a match (e.g., win/draw, draw/win).
008
Each-Way
A two-part bet where half the stake is on the win and half on the finishing place, commonly used in outright markets.
009
Expected Value (EV)
The calculated average profit or loss per bet if it were repeated many times.
010
First Goalscorer
A market where you predict which player will score the first goal in a match.
011
Free Bet
A promotional token credited to your account that can be used to place a bet without using your own funds.
012
Half-Time/Full-Time
A bet that requires predicting both the result at half‑time and the final result of the match.
013
In Play
Betting that takes place after an event has started, with odds that update in real time.
014
Juice (Vig)
The commission or fee that a bookmaker adds to the odds, typically reflected in the total cost of a bet.
015
Lay Bet
A bet that a particular outcome will not happen, common on betting exchanges where you act as the bookmaker.
016
Line Movement
The change in odds or point spreads from the time they are posted until the event starts.
017
Moneyline
A straightforward bet on which side will win a match, with odds expressed as a positive or negative number.
018
Over/Under
A wager on whether a specific statistic (such as total goals) will be higher or lower than a set number.
019
Parlay
A single bet that links two or more outcomes; all must win for the bet to pay out.
020
Push
A tie outcome in a bet where the stake is refunded because the result matches the exact line.
021
Responsible Gambling
Practices and tools designed to help players stay in control and avoid harmful gambling behavior.
022
Rollover Requirement
A condition that states how many times a bonus or deposit must be wagered before it can be withdrawn.
023
Spread
The points added to or subtracted from a team’s score to create a balanced betting market.
024
Steam
Rapid, significant line movement caused by heavy betting action from sharp or large wagers.
025
Value Bet
A bet where the odds offered are higher than the true probability of the outcome, indicating a positive expected value.