Knowledge Base
Glossary
Plain-English definitions for the terminology used across ការវិភាគក្រុម.
- American Odds
- Odds expressed as a positive or negative number, indicating how much profit you make on a 100-unit stake or how much you must stake to win 100 units.
- Asian Handicap
- A spread bet that gives a virtual advantage or disadvantage to a team, eliminating the draw outcome.
- Back Bet
- A conventional bet that an outcome WILL happen, placed with a traditional bookmaker or on an exchange.
- Bankroll Management
- The practice of setting and sticking to a budget for betting, determining how much to stake per wager to reduce risk.
- Bet Builder
- A tool that lets you combine multiple markets from the same match into a single custom bet with combined odds.
- Betting Exchange
- A platform where bettors can bet against each other, with the exchange taking a small commission on winnings.
- Bookmaker Margin
- The built-in percentage advantage a bookmaker incorporates into the odds, ensuring profitability regardless of the result.
- Both Teams To Score (BTTS)
- A bet on whether both teams will score at least one goal during the match.
- Cash Out
- A feature allowing you to settle a bet before the event ends, locking in a profit or minimizing loss based on current odds.
- Correct Score
- A wager predicting the exact final score of a match, offering high odds due to its difficulty.
- Decimal Odds
- Odds expressed as a single decimal number, representing the total return per unit staked (including the stake).
- Double Chance
- A bet covering two of the three possible outcomes (e.g., win or draw) for a match, lowering the risk.
- First Goal Scorer
- A bet on which player will score the opening goal of the match.
- Fractional Odds
- Odds displayed as a fraction, showing the profit relative to the stake (e.g., 5/1 means 5 units profit for each 1 unit wagered).
- Half-Time Bet
- A wager placed on the outcome (win/draw) at the end of the first half only.
- In-Play Betting
- Placing or adjusting bets after a match has started, with odds that update in real time.
- Kelly Criterion
- A mathematical formula that calculates the optimal fraction of your bankroll to wager based on your perceived edge, aiming to maximize long-term growth.
- Lay Bet
- A bet that a particular outcome will NOT happen, typically placed on a betting exchange where you act as the bookmaker.
- Moneyline
- A straight win bet on which team will win the match, with odds reflecting the implied probability.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be higher or lower than a set line.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out, offering higher odds than separate single bets.
- Payout
- The total amount you receive when a bet wins, including your original stake plus profit (or just profit, depending on the odds format).
- Single Bet
- A straightforward bet on one outcome, with the stake placed on that selection alone.
- Stake
- The amount of money you wager on a particular bet.
- Value Bet
- A wager where the odds offered by the bookmaker are higher than the true probability of the outcome, giving you a positive expected return over time.