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Knowledge Base

Glossary

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

001
1X2
A three-way betting market where you pick either a home win (1), draw (X), or away win (2).
002
Accumulator
A single bet that links multiple selections; all must win for the bet to pay out.
003
Asian Handicap
A spread that gives one team a fractional goal advantage or disadvantage to balance the odds.
004
Bankroll
The total amount of money you have set aside for betting activities.
005
Bet Builder
A feature that lets you combine multiple outcomes from the same match into a single custom bet.
006
Bet Slip
The digital record that shows your selected bets, stake, potential payout, and settlement status.
007
Bookmaker
A company or individual that sets odds and accepts bets on sporting events.
008
Both Teams to Score
A market where you bet on whether each side will score at least one goal during the match.
009
Cash Out
A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
010
Correct Score
A bet that predicts the exact final score of a match, such as 2‑1.
011
Double Chance
A bet that covers two of the three possible outcomes (e.g., home win or draw) in a single wager.
012
First Goalscorer
A bet on which player will score the first goal in a match.
013
Half-Time Bet
A wager placed on the outcome (or specific markets) of only the first half of a match.
014
Handicap
A term used for Asian Handicap or a traditional point spread that gives one team a virtual advantage or disadvantage.
015
In-Play
Another term for live betting, referring to odds available after the match has started.
016
Juice
Slang for the vig; the extra percentage added to the odds to ensure the bookmaker makes a profit.
017
Kelly Criterion
A mathematical formula used to determine the optimal size of a bet relative to your edge.
018
Live Betting
Placing bets on events while they are already in progress, with odds that update in real time.
019
Odds
The number that indicates how much you can win relative to your stake; higher odds mean bigger potential payout.
020
Over/Under
A bet on whether the total number of goals (or points) in a match will be over or under a set line.
021
Parlay
Another term for an accumulator, where winnings from each selection roll onto the next.
022
Sharp
A knowledgeable or professional bettor who consistently finds value and moves lines.
023
Stake
The amount of money you wager on a particular bet.
024
Value Bet
A bet where the odds offered are higher than the true probability suggests, giving an edge over the long term.
025
Vig
Short for vigorish, the commission or cut a bookmaker takes on a bet, built into the odds.