Knowledge Base
Glossary
Plain-English definitions for the terminology used across ទស្សនៈគ្រូបង្វឹក.
- Arbitrage
- Arbitrage involves betting on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- An Asian Handicap gives a goal advantage or disadvantage to a team to remove the draw as a possible result.
- Bankroll
- Your bankroll is the total money you have set aside for betting activities.
- Bet Builder
- A bet builder allows you to combine different outcomes from a single match into one custom wager.
- Both Teams to Score
- A both teams to score bet wins if each side scores at least one goal during the match.
- Cash Out
- Cash out lets you settle a bet before the match ends, locking in a profit or limiting a loss.
- Double Chance
- A double chance bet lets you cover two of the three possible outcomes of a match in one wager.
- Draw No Bet
- A draw no bet lets you win if your chosen team wins, and get your stake back if the match ends in a draw.
- Edge
- An edge is the advantage a bettor believes they have over the odds set by the sportsbook.
- Futures
- Futures are bets placed on the outcome of a season or tournament, such as predicting the World Cup winner.
- Juice
- Juice, also called vig, is the commission a sportsbook charges for taking a bet.
- Kelly Criterion
- The Kelly Criterion is a formula used to calculate the optimal size of a bet based on your edge and bankroll.
- Line Movement
- Line movement refers to changes in betting odds or point spreads over time due to betting activity.
- Live Betting
- Live betting lets you place bets on a match while it is in progress, with odds that update as the game unfolds.
- Margin
- Margin, or overround, is the built‑in profit margin a bookmaker includes in the odds.
- Moneyline
- A moneyline bet is a wager on which team will win a match, with odds reflecting the outright winner.
- Odds
- Odds indicate how much you can win relative to your stake, and reflect the implied probability of an outcome.
- Outright
- An outright bet is a wager on a tournament or season‑long event, like who will win the World Cup.
- Over/Under
- An over/under bet predicts whether the total number of goals scored in a match will be higher or lower than a set line.
- Parlay
- A parlay combines multiple selections into a single bet; all of them must win for you to receive a payout.
- Payout
- A payout is the total amount you receive when a bet wins, including your original stake and profit.
- Pre-Match
- Pre‑match refers to bets placed before a game starts, as opposed to live betting during the game.
- Stake
- The stake is the amount of money you risk on a bet.
- Unit
- A unit is a standard bet size, often expressed as a percentage of your bankroll, used to manage risk.
- Value Bet
- A value bet occurs when the odds a bookmaker offers are higher than the true probability of the outcome.