Knowledge Base
Glossary
Plain-English definitions for the terminology used across កីឡដ្ឋាន.
- Accumulator
- An accumulator is a bet that combines multiple selections, all of which must win for a payout, often with increased odds.
- Arbitrage
- Arbitrage is the practice of betting on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- Asian Handicap is a handicap betting system that removes the draw option and uses whole or half numbers to create two possible outcomes.
- Bankroll Management
- Bankroll Management is the practice of setting and sticking to a budget for betting to avoid overspending.
- Bet Builder
- Bet Builder is a tool that lets you combine multiple markets from a single event into one custom wager.
- Bookmaker
- A Bookmaker is a company or person that sets odds and accepts bets on sporting events.
- Cash Out
- Cash Out allows you to settle a bet before the event ends, locking in a profit or reducing a loss.
- Free Bet
- A Free Bet is a promotional credit that lets you place a bet without using your own money, usually subject to conditions.
- Handicap
- A handicap gives one team a point advantage or disadvantage to level the playing field for betting.
- House Edge
- House Edge is the mathematical advantage the bookmaker holds in a game, expressed as a percentage of each bet.
- Juice
- Juice is the commission or margin a bookmaker charges, usually seen as the extra amount over fair odds.
- Kelly Criterion
- Kelly Criterion is a mathematical formula that calculates the optimal size of a bet based on your edge and the odds.
- Lay Bet
- A Lay Bet is a wager that a particular outcome will not happen, typically placed on a betting exchange.
- Live Betting
- Live Betting lets you place bets on an event after it has started, with odds that update as the action unfolds.
- Margin
- Margin is the bookmaker's built-in profit, often called juice or vig, which is included in the odds.
- Matched Betting
- Matched Betting uses free bets and promotions to create a risk‑free profit by covering all possible outcomes.
- Odds
- Odds represent the likelihood of an event happening and show how much you can win relative to your bet.
- Over/Under
- Over/Under is a bet on whether the total number of points, goals, or other metrics will be above or below a set line.
- Parlay
- A parlay is a single bet that links together two or more selections and requires all of them to win for a payout.
- RTP
- RTP stands for Return to Player; it is the percentage of total bets a game pays back to players over time.
- Stake
- Stake is the amount of money you wager on a bet.
- Surebet
- A Surebet is a situation where odds from different sources allow a bettor to win regardless of the result.
- Value Bet
- A Value Bet occurs when the odds offered are higher than the true probability of the outcome, giving the bettor an edge.
- Wagering Requirement
- Wagering Requirement is the number of times you must bet the bonus amount before you can withdraw any winnings.
- Welcome Bonus
- A Welcome Bonus is a promotional offer for new customers, often matching the first deposit or providing free bets.
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