Knowledge Base
Glossary
Plain-English definitions for the terminology used across Stadium View.
- AML
- AML stands for Anti-Money Laundering, a set of rules that help detect and prevent illegal money flows through betting accounts.
- Arbitrage
- Arbitrage (or 'arbing') is exploiting differing odds across sportsbooks to guarantee a profit regardless of the outcome.
- Bankroll
- Your bankroll is the total amount of money you have set aside for betting.
- Bet Slip
- A bet slip is the digital ticket that records your selected wagers, stake amounts, and potential payouts.
- Bonus
- A bonus is extra funds or perks added to your account, often subject to terms like wagering requirements.
- Cash Out
- Cash out lets you settle a bet before the event ends, locking in a profit or cutting losses based on the current odds.
- Cashback
- Cashback is a promotion that returns a portion of your losses as a credit or free bet.
- Free Bet
- A free bet lets you place a wager without using your own money, but any winnings are usually retained by the sportsbook.
- Hedge
- Hedging means placing an opposite bet to reduce potential loss or guarantee a profit on an existing wager.
- House Edge
- House edge is the built-in profit margin for the operator, expressed as a percentage of each bet.
- Kelly Criterion
- The Kelly Criterion is a mathematical formula that suggests the optimal percentage of your bankroll to wager for long‑term growth.
- KYC
- KYC stands for Know Your Customer, a process where operators verify your identity to prevent fraud and comply with regulations.
- Live Betting
- Live betting allows you to place or adjust bets while a match is in progress, with odds that shift in real time.
- Moneyline
- A moneyline bet is a straight pick of which team will win a match, with odds reflecting each team's chance.
- No Deposit Bonus
- A no deposit bonus gives you a small amount of bonus funds just for signing up, without requiring an initial deposit.
- Odds
- Odds represent the likelihood of an outcome and determine how much you can win relative to your stake.
- Over/Under
- An over/under bet is a wager on whether a specific statistic, like total goals, will be higher or lower than a line set by the sportsbook.
- Parlay
- A parlay combines multiple selections into a single bet, offering higher odds but requiring all picks to win.
- Point Spread
- A point spread is a handicap given to the underdog to level the betting field, requiring the favorite to win by a set margin.
- RTP
- RTP stands for Return to Player, indicating the percentage of wagered money a game pays back to players over time.
- Stake
- The stake is the amount of money you risk on a bet.
- Unit
- A unit is a standard measurement of bet size, often representing a small percentage of your bankroll to manage risk.
- Value Bet
- A value bet occurs when the odds offered by a sportsbook are higher than the true probability of the outcome, giving you an edge.
- Volatility
- Volatility measures how often and how much a game pays out; high volatility means bigger but less frequent wins.
- Wagering Requirement
- A wagering requirement is the number of times you must bet a bonus amount before you can withdraw any winnings.