Knowledge Base
Glossary
Plain-English definitions for the terminology used across ព័ត៌មាន World Cup.
- Accumulator
- Another name for a parlay; a bet that combines several selections into one wager with multiplied odds.
- Arbitrage Betting
- Placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- A handicap betting system that eliminates the draw outcome and gives a half‑goal or quarter‑goal advantage to the underdog.
- Bankroll Management
- The practice of setting a budget for betting and sticking to it to avoid big losses.
- Bet Slip
- The electronic record that lists your selected bets, stake, and potential payout before you confirm.
- Bookmaker
- A company or person that sets odds and accepts bets.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Futures Bet
- A wager placed on the outcome of a tournament or award before it starts, such as who will win the World Cup.
- Hedging
- Placing a second bet on the opposite outcome to reduce risk or secure a profit after an original bet.
- In-Play Betting
- Placing a bet on a match while it is ongoing, with odds that change as the game unfolds.
- Kelly Criterion
- A mathematical formula used to determine the optimal size of a bet relative to your bankroll.
- KYC (Know Your Customer)
- The process of verifying a bettor’s identity to prevent fraud and ensure legal age requirements are met.
- Margin
- The bookmaker’s built‑in profit margin, usually a small percentage of the total bets taken.
- Moneyline
- A bet on which team will win the match, with odds expressed as a positive or negative number.
- Odds
- The number that tells you how much you can win relative to your stake, shown in decimal, fractional, or American format.
- Odds Boost
- A promotion that increases the odds on a specific selection, offering a higher potential payout.
- Over/Under
- A bet on whether the total number of goals scored 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 given to the underdog team to level the betting field, expressed as a number of goals.
- Responsible Gambling Tools
- Features such as deposit limits, self‑exclusion, and reality checks that help you stay in control of betting activity.
- Settlement
- The act of finalizing the result of a bet, determining whether the wager is a win, loss, or void.
- 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, giving an expected profit.
- Vigorish (Juice)
- The commission that a bookmaker charges for taking a bet, built into the odds.
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