Knowledge Base
Glossary
Plain-English definitions for the terminology used across ការវិភាគក្រុម.
- Accumulator
- A bet that combines multiple selections into one wager, with all picks needing to win to receive a payout, multiplying the odds together.
- Arbitrage
- Exploiting differences in odds across different bookmakers to guarantee a profit by betting on all possible outcomes of an event.
- Bankroll Management
- The strategy of setting aside a specific budget for betting and only wagering a small percentage per bet to avoid major losses.
- Bookmaker
- A company or platform that sets odds and accepts bets on sporting events, acting as the counterparty to your wager.
- Cash Out
- The option to settle a bet before the event ends, letting you secure a profit or cut losses regardless of the final result.
- Closing Line
- The final odds offered just before an event starts, considered the most accurate reflection of a team's true chances.
- Cover
- When a team wins by more than the point spread, they are said to have covered the spread.
- Decimal Odds
- Odds expressed as a decimal number that includes your stake, calculated by multiplying the odds by your bet amount to get total returns.
- Deposit Match
- A bonus where the bookmaker matches a percentage of your initial deposit, usually subject to wagering requirements.
- Each-Way
- A bet split between a win and a place selection, paying out if your pick wins or finishes in specified places, common in outright tournament bets.
- Free Bet
- A bet credited by the bookmaker that can be used without risking your own money, with winnings usually returned minus the free bet stake.
- Futures Bet
- A bet placed on the outcome of a tournament or championship, such as who will win the World Cup, often with higher odds.
- Handicapper
- A person who analyzes teams, players, and statistics to predict outcomes and provide betting recommendations.
- Hedging
- Placing additional bets on different outcomes to reduce potential loss or guarantee a profit regardless of how the event ends.
- Juice
- The commission or fee built into betting odds, representing the bookmaker's profit margin on each wager placed.
- Live Betting
- Placing bets on a match while it is in progress, with odds that update continuously based on the current game situation.
- Market
- A specific betting option or category, such as 'World Cup Winner' or 'First Goalscorer,' representing all available wagers for an event.
- Maximum Bet
- The highest amount a bookmaker will accept on a particular market, often restricted to limit liability on one outcome.
- Moneyline
- A bet on which team will win the match outright, with odds adjusted to reflect each team's chance of winning.
- Over/Under
- A bet on whether the total number of goals in a match will be over or under a specified number set by the bookmaker.
- Parlay
- A single bet that combines two or more selections, requiring all picks to win for a payout, offering higher odds but greater risk.
- Point Spread
- A margin of victory set by oddsmakers to balance bets on both teams, accounting for the favorite and underdog.
- Prop Bet
- A wager on specific events within a match, such as which player scores first or how many yellow cards are given.
- ROI
- The percentage return on your betting investment, calculated by dividing net profit by the total amount wagered.