Knowledge Base
Glossary
Plain-English definitions for the terminology used across យុទ្ធសាស្ត្របាល់ទាត់.
- Accumulator
- Accumulator is a single bet that links multiple selections together; all must be correct for the bet to win and the odds multiply.
- Arbitrage
- Arbitrage (or arbing) exploits differing odds across bookmakers to place opposing bets and guarantee a risk‑free profit.
- Asian Handicap
- Asian Handicap is a line that gives one team a fractional goal advantage or disadvantage to balance the match for betting.
- Bankroll Management
- Bankroll Management means deciding how much money to set aside for betting and how much to risk on each wager.
- Bookmaker
- Bookmaker (or Sportsbook) is the company that sets the odds and accepts bets from customers.
- Cash Out
- Cash Out lets you settle a bet before the event ends, either locking in a profit or cutting a loss.
- Closing Line
- Closing Line is the final set of odds offered just before an event starts; beating the closing line indicates a skilled bettor.
- Dutching
- Dutching is the practice of betting on multiple outcomes in the same event so that the payout is the same regardless of which one wins.
- Free Bet
- Free Bet is a promotional credit given by a bookmaker that can be used to place a bet, with any winnings usually withdrawable after meeting conditions.
- Hedge
- Hedge is placing a second bet on the opposite outcome to reduce risk or guarantee a profit, often used after an initial wager.
- Juice
- Juice (also called vig) is the commission a bookmaker adds to the odds, ensuring a profit regardless of the result.
- Kelly Criterion
- Kelly Criterion is a formula used to determine the optimal size of a bet based on the edge and your bankroll, aiming to maximize long‑term growth.
- Live Betting
- Live Betting (or In‑Play) allows you to place bets on a match while it is actually happening, with odds that shift as the game progresses.
- Margin
- Margin is the overall percentage the bookmaker keeps from all bets, calculated as the difference between the implied probabilities and 100%.
- Moneyline
- Moneyline is a straightforward bet on which team will win the match, with odds reflecting each team's chance.
- Odds
- Odds represent the probability of a specific outcome and determine how much you can win relative to your stake.
- Over/Under
- Over/Under is a bet on whether the total number of goals in a match will be more or less than a set number.
- Parlay
- Parlay (also called an accumulator) combines multiple selections into one bet, and all must win for a payout.
- Risk‑Free Bet
- Risk‑Free Bet is a promotion that refunds your stake if the bet loses, typically as a free bet or bonus credit.
- Rollover
- Rollover (or wagering requirement) is the number of times you must bet a bonus or free bet before you can withdraw any winnings.
- Single Bet
- Single Bet is a wager on a single event or outcome, with the win determined by that one result.
- Stake
- Stake is the amount of money you put on a bet.
- Steam
- Steam refers to rapid, large shifts in odds caused by heavy betting activity on one side of a market.
- Unit
- Unit is a standardized portion of your bankroll used to measure the size of each bet, often 1‑2% of the total.
- Value Bet
- Value Bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome, giving an expected profit over time.