Knowledge Base
Glossary
Plain-English definitions for the terminology used across ព័ត៌មាន World Cup.
- Arbitrage
- The strategy of betting on all possible outcomes of an event across different sportsbooks to guarantee a profit regardless of the result.
- Asian Handicap
- A point spread applied to teams in a match to eliminate the draw option and give each team a fractional handicap.
- Bankroll Management
- The practice of setting and sticking to a budget for betting, dividing funds into units to avoid big losses.
- Bet Builder
- A feature that lets you combine multiple outcomes from the same match into a single wager.
- Both Teams to Score
- A bet on whether both teams will score at least one goal during the match.
- Cash Out
- A feature that allows you to settle your bet before the event ends, locking in a profit or limiting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, loss) in a match.
- Draw No Bet
- A bet that removes the draw outcome, returning your stake if the match ends in a draw.
- Each-Way
- A two-part bet consisting of a win bet and a place bet, with the place portion paying if your selection finishes in the top positions.
- Edge
- The perceived advantage a bettor believes they have over the sportsbook's odds, based on analysis or information.
- First Goalscorer
- A bet on which player will score the first goal in the match.
- Goal Line
- A line set by the sportsbook representing the total number of goals expected in a match, similar to Over/Under.
- Handicap Betting
- A wager that gives one team a virtual advantage or disadvantage to level the playing field.
- In-Play Betting
- Placing bets on events while the match is ongoing, with odds that update in real time.
- Juice
- The commission or fee that a sportsbook charges for taking a bet, often built into the odds.
- Live Odds
- The constantly changing odds offered during an in-play event, reflecting the current state of the match.
- Margin
- The sportsbook's built-in advantage expressed as a percentage, ensuring profit regardless of the outcome.
- Odds Format
- The way odds are presented (decimal, fractional, or moneyline), affecting how potential payouts are calculated.
- Over/Under
- A bet on whether the total number of goals or points in a match will be over or under a specified line.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out.
- Price Boost
- A promotional increase in odds for a specific selection, offering a higher potential payout.
- Risk-Free Bet
- A promotion that refunds your stake if the bet loses, usually as a free bet or bonus.
- Stake
- The amount of money you wager on a bet.
- Void Bet
- A bet that is cancelled and the stake is returned, usually due to a rule like a match being postponed.