Knowledge Base
Glossary
Plain-English definitions for the terminology used across កីឡដ្ឋាន.
- Accumulator
- A single bet that links two or more individual wagers, all of which must win for the accumulator to pay out.
- Asian Handicap
- A handicap given to a team to level the playing field, where ties often result in a refund.
- Banker
- A selection that the bettor considers almost certain to win, often used to anchor a multi‑bet.
- Bet Slip
- The electronic form on a betting site where you confirm the selections and the amount you want to wager.
- Cash Out
- A feature allowing you to settle a bet before the event finishes, either locking in a profit or cutting a loss.
- Closing Line
- The final odds offered just before a market closes, used to judge the quality of a wager.
- Double Chance
- A bet that covers two of the three possible outcomes of a match, increasing the chance of winning.
- Draw No Bet
- A wager where you pick a team to win; if the match ends in a draw, the stake is refunded.
- Each-Way
- A two‑part bet consisting of a win bet and a place bet, paying out if the selection wins or finishes in a specified place.
- Edge
- The perceived advantage a bettor believes they have over the bookmaker’s odds.
- Free Bet
- A promotional credit that lets you place a bet without using your own money, usually with certain conditions.
- Handicapping
- The process of analyzing teams or players to estimate their chances and decide which odds offer value.
- In-Play Betting
- Placing a wager on a match after it has started, with odds that update as the game unfolds.
- Juice
- The commission, often called vig, that a bookmaker adds to the odds, built into the total payout.
- Lay
- To bet against a particular outcome, essentially acting as the bookmaker by offering odds to other bettors.
- Margin
- The bookmaker’s built‑in profit margin, also called the overround, which ensures the odds sum to more than 100%.
- Market
- A category of bets on a specific event, such as match result, total goals, or player props.
- Odds
- The numerical representation of the likelihood of an outcome, determining how much you can win relative to your stake.
- Over/Under
- A bet on whether a specific statistic, like total goals, will be higher or lower than a set number.
- Parlay
- A single bet that combines multiple selections; all must win for a payout, offering higher odds than single bets.
- Price
- Another term for the odds at which a bet is offered; the higher the price, the greater the potential payout.
- Push
- A tie result in a market that results in all bets being refunded, as the outcome neither wins nor loses.
- Stake
- The amount of money you risk on a bet; your potential winnings are calculated as a multiple of the stake.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, suggesting a positive expected return.
- Void
- A bet that is cancelled and the stake is returned, usually because a market was invalidated or a match did not occur.