Knowledge Base
Glossary
Plain-English definitions for the terminology used across កីឡដ្ឋាន.
- Arbitrage
- Exploiting differences in odds across bookmakers to guarantee a profit regardless of the outcome.
- Asian Handicap
- A handicap betting system that eliminates the draw outcome and uses half and quarter goal lines.
- Bankroll
- The total amount of money set aside for placing bets.
- Bet Slip
- The digital record where you confirm the details of your bet before placing it.
- Betting Limit
- The maximum amount that can be wagered on a specific event or market.
- Bookmaker
- A company or person that sets odds and accepts bets on sporting events.
- Cashback
- A promotion that returns a percentage of your losses as a bonus or credit.
- Cashout
- A feature that allows you to settle a bet before the match ends, locking in a profit or loss.
- Futures Bet
- A bet placed on the outcome of a tournament or award, often with odds available long before the event.
- Hedge
- Placing a bet on the opposite outcome to reduce risk or secure a guaranteed profit.
- Live Betting
- Placing bets on a match while it is in progress, with odds that update in real time.
- Moneyline
- A bet on which team will win a match, with odds expressed as a positive or negative number.
- Odds
- The numerical representation of the likelihood of an outcome, determining potential payout.
- Over/Under
- A bet on whether the total number of goals or points in a match will be higher or lower than a set line.
- Parlay
- A single bet that links multiple selections; all must win for the bet to pay out.
- Point Spread
- A handicap applied to the favored team to level the betting field, expressed as a number of goals or points.
- Prop Bet
- A wager on a specific event within a match, such as which player scores first.
- Provably Fair
- A system that uses cryptographic algorithms to ensure the fairness of casino games.
- RTP
- Stands for Return to Player; the percentage of total wagered money that a game pays back to players over time.
- Stake
- The amount of money you risk on a single bet.
- Value Bet
- A bet where the odds offered are believed to be higher than the true probability of the outcome.
- Vigorish
- The commission or fee a bookmaker charges for taking a bet, often built into the odds.
- Volatility
- A measure of how much the outcome of a game or bet fluctuates over time.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings.