Knowledge Base
Glossary
Plain-English definitions for the terminology used across ព័ត៌មាន World Cup.
- Arbitrage Betting
- Arbitrage betting exploits odds differences between bookmakers to guarantee a profit regardless of the outcome.
- Asian Handicap
- Asian handicap betting eliminates the draw by giving a half‑goal advantage or disadvantage to each team, creating two possible outcomes.
- Bankroll
- Your bankroll is the total money you have set aside for betting activities.
- Bet Builder
- A bet builder is an online tool that lets you combine several markets from one match into a single customized wager.
- Bet Slip
- A bet slip is a digital record that lists your selected bets, stake, potential payout, and confirmation details.
- Cash Out
- Cash out allows you to settle a bet before the event ends, locking in a profit or reducing a loss based on current odds.
- Closing Line
- The closing line is the final set of odds offered just before an event starts; comparing your odds to it helps assess bet quality.
- Decimal Odds
- Decimal odds show the total return per unit staked, including the original stake; for example, 2.50 returns $2.50 for each $1 bet.
- Free Bet
- A free bet is a promotional credit you can use to place a wager without risking your own money; winnings often require wagering before withdrawal.
- Futures
- A futures bet is placed on an event that will be decided in the future, such as the winner of the World Cup months ahead.
- KYC
- Know Your Customer (KYC) is the process of verifying a bettor’s identity to comply with regulations and prevent fraud.
- Live Betting
- Live betting, also called in‑play betting, lets you place wagers on a match while it is happening, with odds that update in real time.
- Moneyline
- A moneyline bet is a straightforward wager on which team or player will win a match, shown as a positive or negative number.
- Odds
- Odds express how likely an outcome is and determine how much a winning bet pays relative to the stake.
- Over/Under
- An over/under bet predicts whether the combined score of a match will be higher or lower than a set total.
- Parlay
- A parlay combines multiple selections into a single wager; all must win for the bet to pay out, raising potential returns.
- Point Spread
- A point spread assigns a handicap to the favorite, requiring them to win by a certain margin for the bet to win.
- Proposition Bet
- A prop bet focuses on a specific occurrence within a match, like the first goalscorer, independent of the final result.
- RTP
- Return to Player is the theoretical percentage of total bets a game pays back to players over time, indicating expected long‑term profitability.
- Self‑Exclusion
- Self‑exclusion is a responsible‑gambling tool that lets you voluntarily block yourself from betting for a chosen period.
- Stake
- The stake is the amount of money you risk on a bet.
- Value Bet
- A value bet occurs when the odds offered are higher than the true probability of the outcome, giving an expected edge.
- Vig
- Vig, also called juice, is the built‑in commission a bookmaker charges, embedded in the odds to ensure a profit margin.
- Wagering Requirement
- A wagering requirement is a condition that bonus or free‑bet winnings must be turned over a set number of times before you can cash out.