Knowledge Base
Glossary
Plain-English definitions for the terminology used across យុទ្ធសាស្ត្របាល់ទាត់.
- Accumulator
- An accumulator is a single bet that links multiple selections; all must win for a payout.
- AML
- AML stands for Anti-Money Laundering, regulations that prevent illegal funds from being used in betting.
- Arbitrage
- Arbitrage exploits differences in odds across bookmakers to guarantee a risk-free profit.
- Asian Handicap
- Asian Handicap is a split handicap that eliminates the draw outcome and offers two possible handicap lines.
- Bankroll
- Bankroll is the total amount of money set aside for betting.
- Bet Builder
- Bet Builder lets you combine multiple outcomes from the same event into a single custom wager.
- Bookmaker
- A bookmaker is a company that sets odds and accepts bets from customers.
- Cash Out
- Cash Out allows you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Dutching
- Dutching spreads your stake across multiple outcomes to guarantee a profit regardless of which one wins.
- Handicap
- A handicap gives one team a virtual advantage or disadvantage to level the playing field for betting.
- In-Play
- In-Play refers to betting on an event while it is currently taking place.
- Juice
- Juice is the commission or fee a bookmaker charges for taking a bet, reflected in the odds.
- Kelly Criterion
- Kelly Criterion is a formula used to determine the optimal size of a bet based on perceived edge.
- KYC
- KYC stands for Know Your Customer, a process used to verify a bettor’s identity and prevent fraud.
- Lay Bet
- A lay bet is a wager that an outcome will not happen, typically placed against a back bet.
- Odds
- Odds represent the likelihood of a specific outcome and determine how much you can win relative to your stake.
- Over/Under
- Over/Under bets predict whether a statistic, such as total goals, will be above or below a set number.
- Payout
- Payout is the total amount you receive when a bet wins, including your original stake and profit.
- Pre-Match
- Pre-Match means placing bets on an event before it starts.
- Responsible Gambling
- Responsible Gambling refers to practices and tools that help players gamble safely and within their means.
- RTP
- RTP stands for Return to Player, the percentage of total wagered money a game returns to players over time.
- Self-Exclusion
- Self-Exclusion is a voluntary program that allows players to block themselves from betting for a set period.
- Stake
- Stake is the amount of money you risk on a bet.
- Unit
- A unit is a standard measurement of bet size, usually a small percentage of your bankroll.
- Value Bet
- A value bet occurs when the odds offered are higher than the true probability of the outcome.