Knowledge Base
Glossary
Plain-English definitions for the terminology used across យុទ្ធសាស្ត្របាល់ទាត់.
- American Odds
- American odds indicate how much you need to wager to win $100 (negative) or the profit on a $100 wager (positive).
- Arbitrage Betting
- Arbitrage betting exploits differences in odds across bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- Asian handicap gives one team a virtual advantage or disadvantage to level the playing field, eliminating the draw.
- Bankroll Management
- Bankroll management is the practice of deciding how much money to risk per bet to stay sustainable.
- Bookmaker Margin
- Bookmaker margin is the built-in advantage a bookmaker includes in the odds, ensuring profit over the long term.
- Both Teams To Score (BTTS)
- BTTS is a bet on whether both sides will score at least one goal during the match.
- Cash Out
- Cash Out allows you to settle a bet before the event ends, locking in a profit or cutting a loss.
- Decimal Odds
- Decimal odds show the total payout per unit staked, including the original stake.
- Double Chance
- Double Chance lets you cover two of the three possible outcomes in a single wager.
- Draw No Bet
- Draw No Bet removes the draw outcome, refunding your stake if the match ends in a draw.
- Fractional Odds
- Fractional odds express the potential profit relative to the stake, shown as a fraction.
- Free Bet
- A free bet is a credit given by a bookmaker that can be used to place a bet without using your own money.
- Goal Line
- The goal line is a set number of total goals in a match; you bet whether the total will be over or under that line.
- In-Play Betting
- In-Play betting lets you place bets on a match while it is ongoing, with odds that update in real time.
- Juice
- Juice is the commission or fee a bookmaker charges, reflected in the odds as a percentage extra beyond true probability.
- Kelly Criterion
- Kelly Criterion is a formula used to determine the optimal size of a bet based on perceived edge and odds.
- Matched Betting
- Matched betting uses free bets and lay bets to replicate a guaranteed profit by covering all outcomes.
- Moneyline
- Moneyline is a straightforward bet on which team will win the match, with odds reflecting each side’s chance of winning.
- Odds
- Odds represent the likelihood of an outcome and determine how much you can win relative to your stake.
- Over/Under
- Over/Under is a bet on whether a specific statistic, usually total goals, will be above or below a set number.
- Parlay
- A parlay combines multiple selections into one bet, with all outcomes needing to win for a payout.
- Pre-Match Betting
- Pre-Match betting refers to placing bets before a match starts, based on the initial odds.
- Stake
- The stake is the amount of money you risk on a bet.
- Sure Bet
- A sure bet is an arbitrage opportunity where the combined odds guarantee a positive return.
- Value Bet
- A value bet occurs when the odds offered are higher than the true probability of the outcome, giving an edge to the bettor.