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50+ Terms · Updated Regularly

Sports Betting API
Glossary

Plain-language definitions for the terms used across odds compiling, risk management, and live data feeds. Whether you're integrating an API or reading a trading dashboard, this glossary breaks down the jargon into clear, practical definitions.

Plain-Language Definitions Organized By Category Searchable & Filterable
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From Jargon To Clarity. Every term explained the way our own trading and data teams use it
50+Terms Defined
4Term Categories
30+Sports Referenced
100%Plain-Language
FreeAlways Open Access
Analyst reviewing financial-style charts and figures on a desktop monitor
Why This Glossary Exists

Odds & Trading Terms, Explained Clearly

Odds compiling and sports trading have their own vocabulary — terms that mean one thing on a trading desk and something else entirely in casual conversation. This glossary exists so anyone working with our feeds, from developers to risk analysts, can speak the same language.

Written By PractitionersDefinitions reviewed by our own trading and data operations teams.
Organized By CategoryFilter by Odds & Markets, Trading & Risk, Market Mechanics, or Data & API terms.
Kept CurrentUpdated as new market types and data products are introduced.

Built For Anyone Who
Touches Our Data.

Developers integrating our API, risk teams setting limits, and content teams writing about markets all rely on the same shared vocabulary. This glossary is the reference we point our own new hires to as well.

Odds & Markets Trading & Risk Data & API Terms
Glossary

Browse Terms

Search by keyword or filter by category to find the definition you need.

16 terms found
Decimal Odds
Odds & Markets

A way of presenting odds as a single number (e.g. 2.50) representing total return per unit staked, including the original stake.

Moneyline Odds
Odds & Markets

Odds shown as positive or negative numbers indicating profit on a 100-unit stake or stake needed to profit 100 units.

Implied Probability
Odds & Markets

The likelihood of an outcome as derived mathematically from a given set of odds, expressed as a percentage.

Handicap / Spread
Odds & Markets

A points or goals adjustment applied to a stronger side to balance a market between two competitors.

Overround (Vig)
Market Mechanics

The built-in margin added across a market's prices so the implied probabilities sum to more than 100%.

Market Suspension
Market Mechanics

A temporary pause on a betting market, usually triggered by a key event, to prevent stale prices being accepted.

Line Movement
Market Mechanics

The change in a price or handicap over time, usually driven by new information or shifts in betting volume.

Closing Line
Market Mechanics

The final price available on a market immediately before an event starts, often used as a benchmark for pricing accuracy.

Liability
Trading & Risk

The total potential payout a trading desk could owe on a market if a particular outcome occurs.

Hedging
Trading & Risk

Placing offsetting positions to reduce exposure to a market outcome, often used by traders managing liability.

Stake Limits
Trading & Risk

The maximum amount accepted on a given market or selection, set by a risk team to control exposure.

Arbitrage
Trading & Risk

Exploiting price differences between markets or providers to lock in a profit regardless of the outcome.

Latency
Data & API

The time delay between an event occurring and that event's data reaching a client through a feed or API.

Push Feed (Webhook)
Data & API

A delivery method where updates are sent automatically to a client's endpoint as soon as they occur, rather than being requested.

Rate Limit
Data & API

The maximum number of API requests a client can make within a given time window before requests are throttled.

Settlement
Data & API

The process of confirming a final result and resolving all related markets based on verified outcome data.

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Explore our live odds and trading data feeds and see how every term in this glossary maps directly to real fields in our API.

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50+ Terms Defined · 30+ Sports Referenced · Updated Regularly