Knowledge Base
Glossary
Plain-English definitions for the terminology used across ព័ត៌មាន World Cup.
- Accumulator
- A bet that links multiple selections into one wager, paying out only if every selection wins.
- Asian Handicap
- A handicap applied to each team in a soccer match that removes the draw option and offers two possible winning outcomes.
- Bankroll
- The total money you have set aside for placing bets.
- Bet Settlement
- The process of finalizing bets after an event, deciding whether each bet wins or loses and adjusting your account balance.
- Bookmaker Margin
- The built-in profit margin in the odds, representing the difference between the true probability and the odds you receive.
- Both Teams To Score (BTTS)
- A market where you bet on whether both sides will score at least one goal during the match.
- Cash Out
- A feature allowing you to settle a bet before the event ends, locking in a profit or cutting a loss.
- Closing Line
- The final odds or spread available just before an event starts; used as a benchmark to measure betting performance.
- Decimal Odds
- A way of expressing odds as a single number that includes the stake; the total payout is the decimal multiplied by the stake.
- Double Chance
- A bet that covers two of the three possible match results (win, draw, loss) in a single wager.
- Draw No Bet
- A bet that refunds your stake if the match ends in a draw; you win if your selected team wins.
- Handicap
- A numerical advantage or disadvantage given to a team to create a more balanced betting scenario.
- In-Play Betting
- Placing bets on a match while it is ongoing, with odds that change as the game progresses.
- Juice
- The extra charge built into the odds that ensures the bookmaker makes a profit, often called vig.
- Kelly Criterion
- A formula that calculates the optimal portion of your bankroll to wager on a bet when you have an edge.
- Line Movement
- The change in odds or point spreads over time, usually caused by betting volume or new information.
- Odds
- The numerical representation of how likely an outcome is, also indicating the payout for a winning bet.
- 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
- Another name for an accumulator; a single bet that combines several selections and pays out only if all of them win.
- Push
- A tie result in a bet where the stake is refunded, occurring when the final score matches the spread or total.
- Spread Betting
- A betting method where the payout depends on how accurate your prediction is relative to a point spread.
- Stake
- The amount of money you risk on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, suggesting you have an edge.
- Void Bet
- A bet that is canceled and the stake is returned, typically because the event did not happen or the market was not settled.
- Wagering Requirement
- A condition that requires you to bet a bonus amount a set number of times before it can be withdrawn.