Knowledge Base
Glossary
Plain-English definitions for the terminology used across ប្រកួតបាល់ទាត់.
- Accumulator
- a single bet that combines multiple selections; all must be correct for the bet to win, and the odds multiply together.
- 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 point spread that gives the stronger team a disadvantage and the weaker team an advantage, making both betting outcomes roughly equal.
- Back Bet
- a conventional bet that a particular outcome will happen, betting in favor of that result.
- Bankroll Management
- the practice of deciding how much of your total budget to risk on each bet to avoid running out of money.
- Betting Exchange
- an online platform where bettors can back and lay outcomes against each other, often providing better odds than traditional bookmakers.
- Bookmaker Margin
- the built‑in profit margin (also called vig or juice) that a bookmaker includes in the odds, ensuring they make money no matter the outcome.
- Cash Out
- a feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss based on the current odds.
- Double Chance
- a bet that covers two of the three possible match outcomes (e.g., home win or draw), reducing the risk of losing.
- Expected Value (EV)
- the average amount you can expect to win or lose per bet if you repeat the same wager many times.
- In-play Betting
- placing a bet after the match has started, with odds that change as the game unfolds.
- Kelly Criterion
- a mathematical formula that calculates the optimal percentage of your bankroll to bet in order to maximize long‑term growth.
- KYC
- the process of verifying a player’s identity and age to prevent fraud, underage gambling, and money laundering.
- Lay Bet
- a bet that a specific outcome will not happen, offered on a betting exchange where you act as the bookmaker.
- Matched Betting
- using free bets or promotions from a bookmaker together with lay bets on an exchange to secure a risk‑free profit.
- Moneyline
- a straightforward bet on which team will win the match, with odds that reflect each team’s chance of winning.
- Odds Format
- the way odds are displayed (e.g., decimal, fractional, or moneyline), which determines how you calculate potential payouts.
- Over/Under
- a bet on whether the total number of goals (or other stats) in a match will be over or under a number set by the bookmaker.
- Price Boost
- a promotional offer where a bookmaker increases the odds on a specific selection, giving you a higher potential payout.
- Push
- a tie result in a bet where the outcome neither wins nor loses; the stake is usually returned.
- Responsible Gambling Tools
- features such as deposit limits, self‑exclusion, and reality checks that help players stay in control of their gambling.
- Value Bet
- a bet where the odds offered are higher than the true probability of the outcome, giving you a positive expected return over time.
- Void Bet
- a bet that is canceled and the stake refunded, often because the event was postponed or the market was deemed invalid.
- Wagering Requirement
- a condition that requires you to bet the bonus amount a certain number of times before you can withdraw any winnings from the bonus.