Knowledge Base
Glossary
Plain-English definitions for the terminology used across ទស្សនៈគ្រូបង្វឹក.
- 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 gives each team a half-goal advantage or disadvantage, making betting more balanced.
- Bankroll
- the total amount of money set aside for betting, separate from everyday finances.
- Cash Out
- an option to settle a bet before the event ends, allowing the bettor to take a predetermined payout rather than wait for the final result.
- Cover
- when a team’s result exceeds the point spread, satisfying the condition of the bet.
- Futures
- a bet placed on an event that will be decided in the future, such as which team will win the World Cup.
- Hedge
- placing a bet on the opposite outcome to reduce risk or lock in a profit after an initial wager.
- In-Play Betting
- placing bets on a match while it is already in progress, with odds that update as the game unfolds.
- Juice
- the commission taken by the bookmaker on a bet, usually built into the odds, which ensures the house makes a profit.
- Kelly Criterion
- a mathematical formula that calculates the optimal fraction of the bankroll to bet based on the perceived edge.
- Line Movement
- the change in betting odds or spreads over time, often caused by new information or betting volume.
- Moneyline
- a bet on which team will win the match outright, with odds reflecting the probability of each outcome.
- Odds
- the numerical expression of the likelihood of an outcome, indicating how much a winning bet will return relative to the stake.
- Over/Under
- a wager on whether the total number of goals or points scored in a match will be higher or lower than a set line.
- Parlay
- a single bet that combines two or more selections, and pays out only if all selections win.
- Point Spread
- a handicap given to the favored team to make the betting outcome more even, expressed as a number of goals or points.
- Prop Bet
- a side wager on a specific occurrence within a match, like which player scores first or how many yellow cards are given.
- Public Money
- the portion of bets placed by the majority of recreational bettors, which can influence line movement.
- Push
- a tie result in a bet where the original line is exactly met, leading to the stake being refunded.
- Stake
- the amount of money wagered on a single bet.
- Steam
- rapid, significant line movement triggered by heavy betting action on one side.
- Unit
- a standardized portion of the bankroll used to measure bet size, often set at 1‑5% of the total.
- Value Bet
- a wager where the odds offered are higher than the true probability of the outcome, giving the bettor an expected edge.
- Void
- a bet that is cancelled and the stake returned, usually because a match was postponed or the market was deemed invalid.