Knowledge Base
Glossary
Plain-English definitions for the terminology used across ព័ត៌មាន World Cup.
- Accumulator
- A bet that combines multiple selections into a single wager, all of which must win for the bet to pay out.
- Asian Handicap
- A spread betting method that gives a virtual advantage or disadvantage to a team to level the match odds.
- Bankroll
- The total amount of money a bettor sets aside for placing bets.
- Bet Builder
- A feature that lets you combine different markets of a single match into one personalized bet.
- Cash Out
- An option to settle a bet before the event ends, either securing a profit or cutting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, or loss) in a match.
- Draw No Bet
- A bet that refunds your stake if the match ends in a draw, only paying out if your chosen team wins.
- Edge
- The perceived advantage a bettor believes they have over the bookmaker’s odds.
- Fixed Odds
- The odds that are set at the time of the bet and do not change regardless of later market moves.
- Handicap
- A point or goal adjustment applied to a team’s final score to create balanced betting odds.
- In-Play Betting
- Betting on a match while it is ongoing, with odds that update as the game progresses.
- Kelly Criterion
- A mathematical formula that calculates the optimal fraction of your bankroll to risk on a bet.
- Lay Bet
- A bet that a particular outcome will not happen, typically placed on a betting exchange.
- Margin
- The bookmaker’s built-in profit margin, expressed as a percentage, included in the odds.
- Odds Comparison
- The process of checking odds across different bookmakers to find the best value for a bet.
- Over/Under
- A bet on whether the total number of goals, points, or other stats in a match will be more or less than a set line.
- Parlay
- Another term for an accumulator, where multiple selections are linked and all must win for a payout.
- Push
- A tie outcome where all bets are refunded because the result matches the exact line set by the bookmaker.
- Stake
- The amount of money you place on a bet.
- Surebet
- A situation where the odds across different bookmakers guarantee a profit regardless of the outcome.
- Underdog
- The team or player expected to lose, often given higher odds to reflect lower chance of winning.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, indicating potential profit.
- Void Bet
- A bet that is canceled and the stake is returned, usually due to a match being postponed or rules violations.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings derived from it.