Knowledge Base
Glossary
Plain-English definitions for the terminology used across ការវិភាគក្រុម.
- Arbitrage
- Arbitrage is exploiting differences in odds across books to guarantee a profit regardless of the outcome.
- Bankroll Management
- Bankroll management is the practice of setting a budget for betting and only risking a small percentage of it on each wager.
- Bet Slip
- Bet slip is a digital record that lists your selected bets, stake amounts, and potential payouts before you confirm the wager.
- Bonus Rollover
- Bonus rollover is the number of times you must turn over a bonus (and sometimes deposit) before it becomes withdrawable.
- Cashout
- Cashout lets you settle a bet before the event ends, paying out a reduced amount based on the current odds.
- Closing Line
- Closing line is the final set of odds offered just before a match starts, considered the most accurate reflection of true probability.
- Futures Bet
- Futures bet is a long‑term wager placed on the outcome of a tournament, like which team will win the World Cup.
- Handle
- Handle is the total amount of money wagered on an event or by a sportsbook over a given period.
- Hedge
- Hedge is placing a second bet on the opposite outcome to reduce potential loss or lock in a profit.
- Juice
- Juice is the commission the sportsbook charges for taking a bet, included in the odds.
- Kelly Criterion
- Kelly Criterion is a mathematical formula that calculates the optimal size of a bet based on your edge and the odds.
- Live Betting
- Live betting allows you to place bets on a match while it is in progress, with odds that shift as the game unfolds.
- Moneyline
- Moneyline is a bet on which team will win the match, with odds expressed as a positive or negative number.
- Odds
- Odds tell you how much money you can win if your bet succeeds and reflect how likely the outcome is.
- Over/Under
- Over/Under is a bet on whether the total number of goals scored in a match will be higher or lower than a set figure.
- Parlay
- Parlay combines multiple bets into one wager, and all selections must win for the parlay to pay out.
- Point Spread
- Point spread is a handicap given to the favorite team to level the betting field, requiring them to win by a certain margin.
- Prop Bet
- Prop bet is a wager on a specific event within a match, such as which player scores first or how many yellow cards appear.
- Square
- Square describes a casual bettor who often bets on popular teams or trends and typically loses to the bookmakers.
- Steam Move
- Steam move occurs when a large amount of bets shift the odds quickly, often indicating sharp action.
- Unit
- Unit is a standard amount of money used to measure the size of bets, often equal to 1‑2% of your total bankroll.
- Value Bet
- Value bet is a wager where the odds offered are higher than the true probability of the outcome, giving you an edge.
- Wagering Requirement
- Wagering requirement is the total amount you must bet before withdrawing bonus funds, often expressed as a multiple of the bonus.