Knowledge Base
Glossary
Plain-English definitions for the terminology used across កីឡដ្ឋាន.
- Accumulator
- a bet that combines multiple selections into one stake, with winnings rolling over from one selection to the next.
- Arbitrage Betting
- exploiting differences in odds across bookmakers to guarantee a profit regardless of outcome.
- Bankroll Management
- the practice of setting a budget for betting and staking only a small percentage per wager.
- Bookmaker Margin
- the percentage of total bets that the bookmaker retains as profit, embedded in the odds.
- Cash Out
- a feature allowing the bettor to settle a bet before the event ends, locking in a profit or loss.
- Dutching
- spreading a stake across multiple outcomes in the same event to secure a profit.
- Edge
- the perceived statistical advantage a bettor has over the bookmaker's odds.
- Free Bet
- a promotional credit provided by the bookmaker that can be used to place a bet, usually with certain restrictions.
- Futures Bet
- a bet placed on the outcome of a tournament or award, such as who will win the World Cup.
- Handicapping
- analyzing statistics and factors to estimate a team's likelihood of covering the spread.
- In-Play Betting
- placing bets on a match after it has started, with odds that update as the game progresses.
- Juice
- the commission charged by the bookmaker, usually built into the odds.
- Kelly Criterion
- a mathematical formula used to determine the optimal size of a bet based on perceived edge.
- Line Movement
- the change in odds or point spread over time, often caused by betting volume.
- Moneyline
- a bet on which team will win the match outright, with odds expressed as a positive or negative number.
- Odds Comparison
- evaluating the odds offered by different bookmakers to find the best value.
- Over/Under
- a bet predicting whether the total number of goals in a match will be higher or lower than a set line.
- Parlay
- a single bet that links multiple selections; all must win for the bet to pay out.
- Payout
- the total amount returned to the bettor upon a winning bet, including the original stake.
- Point Spread
- a handicap given to the underdog to level the betting field, expressed as a number of goals.
- Prop Bet
- a wager on a specific event within a match, such as which player scores first.
- Stake
- the amount of money wagered on a single bet.
- Value Bet
- a bet where the odds offered are higher than the true probability of the outcome, indicating a positive expected value.
- Wagering Requirement
- the number of times a bonus or free bet must be turned over before it can be withdrawn.