Knowledge Base
Glossary
Plain-English definitions for the terminology used across ការវិភាគក្រុម.
- American Odds
- Odds expressed as a positive or negative number; positive shows profit on a $100 bet, negative shows the amount needed to win $100.
- Asian Handicap
- A point‑spread bet that gives one team a virtual advantage or disadvantage to eliminate the draw outcome.
- Bankroll
- The total amount of money set aside for betting; proper management helps protect against large losses.
- Bookmaker Margin (Vig/Juice)
- The built‑in commission that ensures the bookmaker makes a profit regardless of the result.
- Both Teams To Score (BTTS)
- A market where you bet on whether both sides will score at least one goal during the match.
- Cash Out
- A feature allowing you to settle a bet before the event ends, either taking a profit or limiting a loss.
- Decimal Odds
- Odds expressed as a single number (e.g., 2.50) that includes the stake in the total return.
- Draw No Bet
- A market that removes the draw option; you pick a team to win, and a draw returns your stake.
- Edge
- An informational or statistical advantage that helps a bettor identify odds that are more favorable than they should be.
- Fractional Odds
- Odds shown as a fraction (e.g., 3/2) that indicate the profit relative to the stake.
- Hedge
- Placing a bet on the opposite outcome of an existing wager to lock in a profit or reduce a loss.
- Implied Probability
- The percentage chance an outcome has according to the odds, calculated by dividing 1 by the decimal odds.
- In‑Play Betting
- Betting on a match while it is in progress, with odds that update in real time.
- Kelly Criterion
- A mathematical formula that calculates the optimal fraction of your bankroll to bet based on your perceived edge.
- Moneyline
- A straight win bet on which team will win the match, with odds reflecting the likelihood of each side.
- Odds
- The numerical representation of an outcome’s likelihood; it also determines how much you can win.
- Over/Under
- A wager on whether the total number of goals scored in a match will be higher or lower than a set line.
- Parlay
- A single bet that combines two or more selections; all must win for the bet to pay out.
- Pre‑Match Betting
- Placing bets on a match before it starts, based on the published odds.
- ROI (Return on Investment)
- The net profit expressed as a percentage of the total amount wagered, measuring betting efficiency.
- Soft Book
- A bookmaker with higher margins and less precise odds, often offering opportunities for sharp bettors.
- Stake
- The amount of money you risk on a particular bet.
- Unit
- A standardized bet size, usually a small percentage of your bankroll, used to keep wager sizes consistent.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving the bettor an edge.