Knowledge Base
Glossary
Plain-English definitions for the terminology used across កីឡដ្ឋាន.
- 1X2 Betting
- A three-way market where you choose either the home team to win (1), the match to end in a draw (X), or the away team to win (2).
- Accumulator
- A single bet that combines multiple selections; all must win for the bet to pay out.
- Arbitrage
- Placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A type of bet that gives one team a virtual advantage or disadvantage to eliminate the draw option and equalize the contest.
- Back Bet
- A conventional bet that an outcome WILL happen, placed against the bookmaker or exchange.
- Bankroll Management
- The practice of setting a specific budget for betting and deciding how much to stake on each bet to minimize risk.
- Bet Builder
- A tool that allows you to combine several markets from a single match into one wager.
- Betting Exchange
- A platform where bettors can back and lay against each other, often with lower margins than traditional bookmakers.
- Bookmaker
- A company or platform that sets odds and accepts bets on sporting events.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Dutching
- Spreading your stake across multiple outcomes in the same event to ensure a profit no matter which one wins.
- Hedge
- Placing an additional bet on the opposite outcome to reduce risk or lock in a profit after an initial wager.
- In-Play Betting
- Placing bets on a match while it is ongoing, with odds that update as the game progresses.
- Kelly Criterion
- A mathematical formula that calculates the optimal size of a bet based on your edge and the odds offered.
- Lay Bet
- A bet that a specific outcome will NOT happen, typically placed on a betting exchange.
- Margin
- The bookmaker’s built-in advantage included in the odds, representing the percentage of each bet that the bookmaker keeps.
- Moneyline
- A straightforward bet on which team will win the match, with odds reflecting each team’s implied chance of winning.
- Odds
- Numbers that indicate how likely an outcome is and determine how much you can win relative to your stake.
- Over/Under
- A wager on whether the total number of goals (or points) in a match will be higher or lower than a set line.
- Profit Boost
- A bonus that multiplies the net profit from a winning bet, often offered as a promotion.
- Push
- A tie result in a market where the bet is refunded because the outcome matches the line exactly.
- Risk-Free Bet
- A promotional offer that refunds your stake (usually as a free bet) if your first bet loses.
- Stake
- The amount of money you risk on a single bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving you an edge over the bookmaker.
- Void Bet
- A bet that is cancelled and the stake is refunded, usually because the match was postponed or a rule was violated.