| Active Tips | Tips that have been submitted for ongoing / upcoming Tournaments |
| Auto Pick | Tool that selects randomly generated Picks based on an indicated preferred Tip Amount |
| Full-Guard | Choosing all 3 Picks for a match |
| Half-Guard | Choosing 2 out of 3 Picks for a match |
| Jackpot | Shared across winner(s) with 13 correct Picks for a Tournament |
| Match | Refers to a game between 2 teams. Each Tournament consists of 13 matches |
| Match Odds | Perceived chances of a team winning a match |
| My Tips | All Tips by a Tipper |
| Past Tips | Previous tips for Tournaments that have ended |
| Picks | Each outcome for a match is a Pick. There are 3 Picks per match and at least 1 has to be selected |
| Pool Picks % | Distribution of selected Picks among Tippers for a match |
| Prize Pool | Shared amongst Tippers with at least 10 correct Picks for a Tournament (See here.) |
| Payout | Amount won from a Tip |
| STARS | TIPSTARS points system. Earn 1 STARS for every $1 tipped. |
| Tip | A bet on a particular Tournament. Tippers can submit multiple Tips for a single Tournament. |
| Tippers | TIPSTARS players / bettors |
| Tip Amount | Betting amount for a Tip |
| Tip Card | TIPSTARS betting slip, containing 13-27 Picks of your choice |
| Tip ID | Unique ID tagged to each submitted Tip |
| Total | Total amount bet on TIPSTARS |
| Tournament | Refers to a set of matches |
| Void | Indicates that the Tournament was cancelled due to 4 or more Match cancellations. All Tips refunded. |
| Pot | Indicates a win of the jackpot with 13 correct Picks |
| Win | Indicates a win with 10, 11, or 12 correct Picks |
| Loss | Indicates a loss with less than 10 correct Picks. No payouts from this Tip |