Knowledge Base
Glossary
Plain-English definitions for the terminology used across ទស្សនៈគ្រូបង្វឹក.
- American Odds
- Odds expressed as a positive or negative number, indicating how much you win or need to stake.
- Asian Handicap
- A split handicap betting system that eliminates the draw option and reduces the number of outcomes.
- Back Bet
- A conventional bet that an outcome will happen, placed on a betting exchange.
- Bankroll
- The total amount of money a bettor sets aside for placing bets.
- Bookmaker
- A person or company that sets odds and accepts bets on sporting events.
- Both Teams to Score
- A bet on whether each team will score at least one goal during the match.
- Correct Score
- A bet predicting the exact final score of a match.
- Decimal Odds
- A way of expressing odds as a decimal number, e.g., 2.50, where the payout includes the stake.
- Double Chance
- A bet covering two of the three possible outcomes (win, draw, loss) in a match.
- Exchange
- A platform where bettors can back and lay outcomes against each other, often with lower fees than traditional bookmakers.
- Fractional Odds
- Odds expressed as a fraction, e.g., 5/2, showing profit relative to the stake.
- Free Bet
- A promotional credit given by a bookmaker that can be used to place a bet without using own funds.
- In-Play Betting
- Placing bets on a match after it has started, with odds that update live.
- Lay Bet
- A bet that an outcome will not happen, offered on betting exchanges.
- Live Cash Out
- A feature allowing bettors to settle a bet before the event ends, locking in a profit or loss.
- Moneyline
- A bet on which team will win a match outright, without any point spread.
- Odds
- The numerical representation of the likelihood of an outcome, determining potential payout.
- Over/Under
- A bet on whether the total score in a match will be higher or lower than a set number.
- Parlay
- A single bet that combines 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.
- Single Bet
- A straightforward bet on a single selection, with one outcome.
- Stake
- The amount of money wagered on a single bet.
- Value Bet
- A bet where the odds offered are believed to be higher than the true probability of the outcome.
- Vig (Juice)
- The commission charged by a bookmaker for accepting a bet, built into the odds.
- Wagering Requirement
- The number of times a bonus must be played through before it can be withdrawn.