Knowledge Base
Glossary
Plain-English definitions for the terminology used across មគ្គុទ្ទេសក៍បាល់ទាត់.
- 1X2
- The most common three-way market where you bet on either the home win (1), draw (X), or away win (2).
- Accumulator
- A single bet that combines multiple selections; all must win for the bet to pay out, multiplying the odds.
- 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 spread betting system that gives a virtual advantage or disadvantage to a team to level the playing field, eliminating the draw option.
- Bankroll Management
- The strategy of setting aside and budgeting a specific amount of money for betting to avoid overspending.
- Bookmaker Margin
- The built-in advantage a bookmaker includes in the odds, ensuring they make a profit regardless of the result.
- Both Teams To Score
- A market where you predict whether both sides will score at least one goal during the match.
- Cash Out
- A feature allowing you to settle a bet before the event ends, locking in a profit or minimizing a loss.
- Correct Score
- A market where you predict the exact final score of the match, offering higher odds due to difficulty.
- Decimal Odds
- A way to express odds as a single number (e.g., 2.50) that includes the stake in the total payout.
- Double Chance
- A bet that covers two of the three possible outcomes (e.g., home win or draw) in a single wager.
- Draw No Bet
- A two-way market where you bet on a team to win; if the match ends in a draw, the stake is refunded.
- Dutching
- Distributing your stake across multiple outcomes in the same event to ensure an equal profit regardless of which one wins.
- Expected Value
- The average amount you can expect to win or lose per bet if the same situation repeats many times.
- Fractional Odds
- Traditional odds shown as a fraction (e.g., 5/2) indicating the profit you receive for each unit wagered.
- Hedging
- Betting on the opposite outcome of an existing bet to reduce risk or lock in a profit.
- In-Play Betting
- Placing bets on a match while it is ongoing, with odds that update in real time based on the action.
- Kelly Criterion
- A mathematical formula that calculates the optimal fraction of your bankroll to wager based on the perceived edge.
- Lay Bet
- A bet that a particular outcome will not happen, often used in betting exchanges where you act as the bookmaker.
- Moneyline
- A straight win bet on which team will win the match, with odds adjusted for favorites and underdogs.
- Odds
- The numerical expression of the likelihood of an outcome, determining how much you can win relative to your stake.
- Over/Under
- A bet on whether the total number of goals in a match will be higher (over) or lower (under) than a set line.
- Pre-Match Betting
- Placing bets on a match before it starts, based on the initial odds offered by the bookmaker.
- 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, suggesting a positive expected return.