Knowledge Base
Glossary
Plain-English definitions for the terminology used across ទស្សនៈគ្រូបង្វឹក.
- Asian Handicap
- A handicap applied to a team to eliminate the draw, giving each side an adjusted odds line.
- Banker
- A selection that is considered highly likely to win, used to anchor multi‑bet combinations.
- Bet Builder
- A feature that lets you combine several markets from a single match into one customized wager.
- Bet Slip
- The electronic record that lists your selected wagers, their odds, and potential returns.
- Bonus
- Extra funds or free bets offered by the sportsbook, usually subject to specific terms and conditions.
- Cash Out
- The option to settle a bet before the event ends, letting you lock in a profit or cut a loss.
- Cashback
- A promotion that returns a set percentage of your net losses over a specific period as bonus funds.
- Dutching
- Placing multiple bets on different outcomes of the same event to guarantee a profit regardless of the result.
- Free Bet
- A no‑risk bet supplied by the sportsbook; you keep the winnings but not the original stake.
- Hedge
- Betting on the opposite outcome to reduce risk or lock in a profit after an initial wager.
- House Edge
- The built‑in advantage the sportsbook holds, expressed as a percentage of each wager.
- Implied Probability
- The conversion of odds into a percentage chance that an event will occur, showing how likely the sportsbook thinks an outcome is.
- Kelly Criterion
- A mathematical formula that calculates the optimal size of a bet based on your perceived edge.
- Live Betting
- Placing bets after the match has started, with odds that update as the action unfolds.
- Odds
- The numerical expression of how likely an event is to happen; it determines how much you can win relative to your stake.
- Over/Under
- A bet on whether a specific statistic (e.g., total goals) will be higher or lower than the number set by the sportsbook.
- Parlay
- A single bet that links two or more selections; all must win for the parlay to pay out.
- Payout
- The total amount you receive when a bet wins, including your original stake unless the stake is not returned.
- Provably Fair
- A system that lets players verify that each bet’s result is generated randomly and has not been tampered with.
- Responsible Gambling
- Tools and practices (such as deposit limits, self‑exclusion, reality checks) that help you stay in control of betting activity.
- RTP
- The percentage of total money wagered on a game that is paid back to players over time; higher RTP means a lower house edge.
- Spread
- The line set by oddsmakers that equalizes the chance of each team winning, often expressed as a point margin.
- Stake
- The amount of money you risk on a bet.
- Volatility
- A measure of how unpredictable a bet’s outcome is; high‑volatility bets can pay large amounts but lose more often.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings derived from it.