Knowledge Base
Glossary
Plain-English definitions for the terminology used across ព័ត៌មាន World Cup.
- Accumulator
- A type of parlay where you combine several outcomes across different matches; all must be correct to win.
- Arbitrage
- Exploiting differences in odds across bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A split handicap that eliminates the draw option and offers two conditional bets with half‑goal lines.
- Back Bet
- The standard bet on an outcome to happen, placed on a betting exchange or traditional sportsbook.
- Bankroll
- The total amount of money set aside for betting, used to manage stakes and track wins and losses.
- Bet Builder
- A feature that lets you combine different markets from a single match into one personalized wager.
- Cash Out
- An option to settle a bet before the event ends, locking in a profit or limiting a loss based on current odds.
- Cashback
- A refund of a portion of your losses, usually credited as a bonus that can be wagered again.
- Closing Line
- The final odds offered just before an event starts; beating the closing line indicates you got better odds than the market.
- Exchange
- A platform where bettors can back and lay against each other, with the exchange taking a commission on net winnings.
- Free Bet
- A promotional bet credit that you can use to place a wager; any winnings are usually returned without the stake.
- In‑Play Betting
- Placing bets on a match while it is ongoing, with odds that update in real time as the game unfolds.
- Lay Bet
- Betting against an outcome on a betting exchange, acting as the bookmaker and accepting other players’ stakes.
- Live Odds
- The constantly changing odds offered during in‑play betting, reflecting the current state of the match.
- Margin
- The percentage the bookmaker keeps from the total bets, built into the odds so the book makes a profit.
- Moneyline
- A straight bet on which team will win the match, with odds expressed as a positive or negative number.
- Odds
- The price that reflects how likely an outcome is and shows how much you can win relative to your stake.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be higher or lower than a set line.
- Parlay
- A single bet that links multiple selections; all must win for the bet to pay out, increasing the potential payout.
- Payout
- The total amount you receive when a bet wins, including the original stake plus any profit.
- Point Spread
- A handicap given to the favorite to level the playing field; you bet on whether a team will cover that margin.
- Risk‑Free Bet
- A promotion that refunds your stake as a free bet if your first wager loses, up to a set limit.
- Stake
- The amount of money you place on a bet; it determines your potential payout if the bet wins.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving you a statistical edge.
- Wagering Requirement
- A condition that says you must bet a multiple of the bonus amount before you can withdraw any winnings.