Knowledge Base
Glossary
Plain-English definitions for the terminology used across ប្រកួតបាល់ទាត់.
- Accumulator
- A single bet that combines multiple selections; all must win for the bet to pay out.
- American Odds
- Odds expressed as a positive or negative number; positive shows profit on a $100 bet, negative shows amount needed to win $100.
- Asian Handicap
- A type of bet that gives a handicap to the underdog to level the playing field, eliminating the draw option.
- Bankroll
- The total amount of money set aside for betting.
- Bet Builder
- A tool that lets you combine multiple markets from a single match into a single custom bet.
- Bet Slip
- The digital record where you select and confirm your bets before submission.
- Bookmaker
- An entity that sets the odds and accepts bets, also known as a sportsbook.
- Cash Out
- A feature allowing you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Decimal Odds
- A way to express odds as a single decimal number; the stake is multiplied by this number to calculate total return.
- Edge
- The statistical advantage a bettor believes they have over the bookmaker's odds.
- Fractional Odds
- Odds displayed as a fraction, showing the profit relative to the stake (e.g., 5/1 means $5 profit for each $1 wagered).
- Juice
- The commission taken by the bookmaker on each bet, usually embedded in the odds.
- KYC
- Know Your Customer, the process of verifying a bettor's identity to comply with regulations.
- Line Movement
- Changes in betting odds or spreads in response to betting activity or new information.
- Live Betting
- Placing bets on events while the match is in progress, with odds that update in real time.
- Margin
- The bookmaker's built-in advantage, often called "juice," ensuring profit regardless of outcome.
- Odds
- The numerical representation of the likelihood of an outcome, determining the potential payout.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be above or below a set number.
- Payout
- The total amount returned to the bettor after a winning bet, including the original stake.
- Responsible Gambling
- Practices and tools (such as deposit limits, self‑exclusion) designed to prevent gambling‑related harm.
- Stake
- The amount of money wagered on a bet.
- Steam
- A rapid, significant shift in odds caused by heavy betting action on one side.
- System Bet
- A type of bet that covers multiple combinations of selections, allowing some selections to lose and still yield a return.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an edge.
- Void Bet
- A bet that is cancelled and the stake is refunded, usually due to a match being postponed or a market being suspended.