Knowledge Base
Glossary
Plain-English definitions for the terminology used across ព័ត៌មាន World Cup.
- Accumulator
- A bet that links multiple selections, with winnings rolling over each win for a larger potential payout.
- Arbitrage
- Betting on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A handicap system that eliminates the draw option and gives a half‑goal or split‑goal advantage to the underdog.
- Bankroll
- The total amount of money you have set aside for betting.
- Bookmaker
- The company or person that sets odds and accepts bets.
- Both Teams To Score
- A bet on whether each team will score at least one goal during the match.
- Cash Out
- The option to settle a bet before the event ends, offering a reduced payout based on current odds.
- Draw No Bet
- A market where you bet on a team to win; if the match ends in a draw, your stake is refunded.
- Futures
- A bet placed on an outcome that will be decided later, such as which nation will win the World Cup.
- In‑Play Betting
- Placing a wager on a match while the game is already in progress, with odds changing live.
- Kelly Criterion
- A mathematical formula that calculates the optimal percentage of your bankroll to bet based on your perceived edge.
- Margin
- The built‑in profit margin of the bookmaker, expressed as a percentage of the total odds.
- Moneyline
- A bet on which team will win the match, with odds shown as a positive or negative number.
- Odds
- The number that indicates how likely an outcome is and determines how much you can win.
- Over/Under
- A wager on whether the total number of goals in a match will be more or less than a set figure.
- Parlay
- A single bet that combines two or more selections; every selection must win for the bet to pay out.
- Payout
- The total amount you receive when a bet wins, including your original stake.
- Point Spread
- A handicap assigned to each team to create balanced odds for betting on either side.
- Push
- When a bet ends in a tie and the stake is returned with no win or loss.
- Stake
- The amount of money you risk on a single bet.
- Unit
- A standard size used to express bet amounts, usually a small percentage of your bankroll.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, giving you an edge.
- Vig
- The commission that a bookmaker includes in the odds, also called juice, which is the bookmaker’s profit.