Knowledge Base
Glossary
Plain-English definitions for the terminology used across ប្រកួតបាល់ទាត់.
- Accumulator
- Another name for a parlay that combines multiple selections into one bet, with winnings rolling over from one selection to the next.
- Arbitrage Betting
- Placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A handicap given to each team to level the playing field, eliminating the draw outcome and often using half‑goal or quarter‑goal lines.
- Back Bet
- A conventional bet that a particular outcome will happen, such as a team winning, placed on a betting exchange.
- Bankroll Management
- The practice of setting aside a budget for betting and deciding how much to wager on each bet to avoid losing it all quickly.
- Bet Builder
- An online tool that allows you to create a custom bet by combining different markets from the same match.
- Betting Exchange
- An online platform where bettors can bet against each other, with the exchange taking a small commission on winnings.
- Bookmaker Margin
- The percentage of the total bets that a bookmaker expects to keep as profit, expressed in the odds they offer.
- Cash Out
- A feature that lets you settle a bet before the match ends, either locking in a profit or limiting a loss.
- Free Bet
- A promotional offer that lets you place a bet without using your own money; any winnings are usually returned minus the free‑bet stake.
- In-Play Betting
- Placing a bet after the match has started, with odds that update as the game progresses.
- Kelly Criterion
- A mathematical formula used to determine the optimal size of a bet based on your edge and the odds.
- KYC
- The process of verifying a customer’s identity and age to prevent fraud, money laundering, and under‑age gambling.
- Lay Bet
- A bet that a particular outcome will NOT happen, offered on a betting exchange; you act as the bookmaker.
- Moneyline
- A simple 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; higher odds mean a bigger payout but a lower chance of winning.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher (Over) or lower (Under) than a set figure.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out, offering higher odds than separate bets.
- Stake
- The amount of money you risk on a bet.
- Steam
- When a large amount of bets are placed quickly on one side, causing the odds to shift rapidly.
- Value Bet
- A bet where the odds offered by the bookmaker are higher than the true probability of the outcome, giving you an expected profit over time.
- Vig
- The commission or fee that a bookmaker builds into the odds, often called “juice,” which affects how much you can win.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings derived from it.