Knowledge Base
Glossary
Plain-English definitions for the terminology used across យុទ្ធសាស្ត្របាល់ទាត់.
- 1X2
- A betting market where you choose whether the home team wins (1), the match ends in a draw (X), or the away team wins (2).
- Arbitrage
- The practice of betting on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- A handicap given to each team to remove the draw option, making both outcomes equally attractive.
- Back Bet
- To bet that a particular outcome will happen, the most common type of wager.
- Bankroll
- The total amount of money you have set aside specifically for placing bets.
- Bet Builder
- A tool that allows you to combine multiple betting selections within a single match into one wager.
- Betting Exchange
- A platform where bettors can back or lay outcomes against each other, often with better odds than traditional bookmakers.
- Bookmaker
- A company or person that sets odds and accepts bets on sporting events.
- Both Teams to Score
- A bet on whether both teams will score at least one goal during the match.
- Cash Out
- A feature that lets you settle your bet before the event ends, locking in a profit or loss.
- Handicap
- A numerical adjustment applied to a team’s score to create a more balanced betting market.
- Juice
- The commission or fee that the bookmaker includes in the odds, also called vigorish.
- Kelly Criterion
- A mathematical formula used to determine the optimal percentage of your bankroll to wager.
- Lay Bet
- To bet that a particular outcome will not happen, essentially acting as the bookmaker.
- Live Betting
- Placing bets on a match after it has already started, with odds that update as the game progresses.
- Margin
- The built-in advantage a bookmaker has in a market, expressed as a percentage.
- Odds
- The price of a bet that tells you how much you can win relative to your stake.
- Over/Under
- A bet on whether the total number of goals (or other stats) will be higher or lower than a set number.
- Parlay
- A single bet that combines two or more selections; all must win for you to get a payout.
- Payout
- The total amount you receive when a bet wins, including your original stake and profit.
- Push
- When a bet ends in a tie, resulting in the stake being returned to the bettor.
- Spread
- The range of outcomes set by a bookmaker for a particular betting market.
- Stake
- The amount of money you risk on a single bet.
- Unit
- A standardized measure of bet size, often representing a small percentage of your total bankroll.
- Value Bet
- A bet where the odds offered are higher than the true chance of the outcome occurring, giving you an edge.