Knowledge Base
Glossary
Plain-English definitions for the terminology used across កីឡដ្ឋាន.
- Accumulator
- A single bet that links multiple selections; all must win for the bet to pay out, increasing potential returns.
- American Odds
- Odds expressed as a positive or negative number; positive indicates profit on a $100 bet, negative shows amount needed to win $100.
- Arbitrage
- Exploiting differing odds across bookmakers to guarantee a profit regardless of the result.
- Bankroll
- The total amount of money set aside for betting, separate from everyday finances.
- Bet Builder
- A tool that lets you combine different markets from a single event into one customized wager.
- Bet Slip
- The digital record where you add your chosen bets, set the stake, and confirm the wager.
- Cash Out
- A feature allowing you to settle a bet before the event concludes, locking in a profit or minimizing a loss.
- Cashback
- A promotion that returns a percentage of your net losses over a set period, credited as bonus funds or real cash.
- Decimal Odds
- A way to express odds as a single decimal number; multiply your stake by the decimal to calculate total payout.
- Fractional Odds
- Traditional odds displayed as a fraction; the numerator shows profit relative to the denominator stake.
- Handicap
- A points advantage or disadvantage applied to a team to level the playing field in betting markets.
- In-Play Betting
- Placing bets on a match after it has started, with odds that update in real time as the game progresses.
- Lay Bet
- Betting against an outcome, typically used on betting exchanges, where you act as the bookmaker.
- Odds
- The probability of an outcome expressed as a number, determining how much you can win relative to your stake.
- Parlay
- A bet that combines two or more individual wagers; all must be correct to win, offering higher odds.
- Payout
- The total amount of money you receive when a bet wins, including the original stake plus profit.
- Provably Fair
- A system that uses cryptographic algorithms to let players verify that each game result was fair and not manipulated.
- Responsible Gambling
- Practices and tools designed to help players stay in control of their betting activities and avoid harmful behavior.
- RTP
- Return to Player, expressed as a percentage, indicates the average amount of wagered money a game returns to players over time.
- Self-Exclusion
- A formal request to restrict your account for a set period, preventing access to betting services.
- Spread
- The range of possible outcomes set by a bookmaker for a particular statistic, such as total goals in a match.
- Stake
- The amount of money you wager on a particular bet.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, suggesting an edge.
- Volatility
- A measure of how often and how much a game can pay out; high volatility means bigger but rarer wins.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings derived from it.