Knowledge Base
Glossary
Plain-English definitions for the terminology used across មគ្គុទ្ទេសក៍បាល់ទាត់.
- Accumulator
- An accumulator is a type of parlay that links several outcomes together, multiplying the odds and the potential winnings.
- American Odds
- American odds use a positive (+) number to show how much you win on a $100 bet or a negative (−) number to show how much you must stake to win $100.
- Arbitrage
- Arbitrage, or arbing, involves betting on all possible outcomes of an event across different sportsbooks to guarantee a profit.
- Asian Handicap
- Asian handicap gives a team a fractional goal advantage or disadvantage to remove the draw outcome and create balanced odds.
- Bankroll
- Your bankroll is the total amount of money you have set aside for placing bets.
- Cash Out
- Cash out is an option to settle a bet early for a reduced payout, locking in profit or limiting loss.
- Decimal Odds
- Decimal odds are a single number that shows the total return you receive for each unit wagered, including your stake.
- Dutching
- Dutching spreads your stake across multiple outcomes in the same event to ensure a profit or minimize loss.
- Fractional Odds
- Fractional odds display the profit you make relative to your stake, shown as a fraction like 3/2.
- Futures Bet
- A futures bet is placed on the outcome of a tournament or award before it starts, like predicting the World Cup winner.
- Hedge
- Hedging means placing a second bet on the opposite outcome to reduce risk or lock in a profit.
- Kelly Criterion
- The Kelly Criterion is a formula that calculates the optimal bet size based on your perceived edge in a wager.
- Lay
- To lay a bet is to bet against an outcome happening, typically used on betting exchanges.
- Live Betting
- Live betting allows you to place wagers while a match is in progress, with odds that change as the game unfolds.
- Moneyline
- A moneyline bet is a straightforward wager on which team will win the match, with odds that show how much you profit per amount staked.
- Odds
- Odds indicate the likelihood of an outcome and determine how much you can win relative to your stake.
- Over/Under
- An over/under bet predicts whether the total number of goals scored in a match will be higher or lower than a set figure.
- Parlay
- A parlay combines multiple selections into a single bet; all of them must win for you to receive a payout.
- Payout
- A payout is the total amount of money you receive after a winning bet, including your original stake.
- Prop Bet
- A prop bet focuses on a specific event inside a match, such as which player scores first or how many cards are given.
- Spread
- A spread (point spread) assigns a handicap to the underdog so both teams have an equal chance of covering the bet.
- Unit
- A unit is a standard bet size, usually a small percentage of your bankroll, used to manage risk.
- Value Bet
- A value bet occurs when the odds offered by a sportsbook are higher than the true probability of the outcome, giving you an expected profit.
- Vig
- Vig, also called juice, is the commission a sportsbook includes in the odds so it makes a profit on every bet.