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All Terms you need to know on Goal3.

Combo: A combo bet, also known as a multiple or parlay bet, is a type of wager that combines two or more individual bets into a single bet. In a combo bet, all the bets included must be successful for the overall bet to be successful. Check out Combo/Parlay Section for more information.

Claim: The action of redeeming winnings or rewards from a smart contract.

Claimed: A status of a bet that has had its winnings or rewards successfully claimed.

My Order: The section of the platform where a user can view and manage their current and past bets.

Odds: Betting lines set by a bookmaker on a variety of events. Check out Odds Section for more information about Odds Formats supported on Goal3.

Order Amount: Amount of bet that user choose.

Order Slip: It functions like a shopping cart for bets, where the user can select the bets they want to place and the amount they want to wager, and then submit them all at once.

Payout: The amount a bettor collects on a winning wager. When a wager is placed, the possible payout on a betting receipt usually includes the original stake.

Place Order: Action of making one or multiple bets.

Platform fee: A fee charged by the platform for facilitating a bet, usually a percentage of the bet amount.

Potential Win: The maximum amount of money that a user can win from a bet, determined by the odds and bet amount.

Potential Profit: The potential win minus the bet amount, representing the potential profit for a user from a bet.

Refunded: A status of a bet that has had its funds returned to the user, usually due to a cancelled or voided event.

Single: Single bet mode refers to a type of betting where a player places a single wager on an event or outcome. This is in contrast to multi-bet or parlay betting, where a player combines multiple bets into one wager. Check out Single Section for more information.

System: On Goal3, a system bet, also known as a "combination bet" or "multi-bet," is a type of wager that allows you to place multiple bets on a single ticket. These bets are similar to parlays in that they involve combining multiple individual bets into a single wager. However, unlike parlays, system bets allow you to still win even if not all of your bets are successful. Check out System Section for more information.

Total Orders: Total User's Bet Amount from all orders that they picked in Order Slip

Transaction: A transfer of value between two or more parties on a blockchain network.

Transaction hash: a record of transactions on the blockchain, usually viewable through a blockchain explorer.

Transaction fee: A small fee charged by the blockchain network for processing a transaction on the blockchain.

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