Knowledge Base
Glossary
Plain-English definitions for the terminology used across ព័ត៌មាន World Cup.
- Accumulator
- Accumulator is a bet that links multiple selections, and winnings grow as each selection wins.
- Bankroll
- Bankroll is the total money you set aside for placing bets.
- Bet Builder
- Bet builder is a tool that lets you combine different markets from a single match into one wager.
- Bet Slip
- Bet slip is the record that lists the selections and amount you intend to wager.
- Bonus
- Bonus is extra funds a bookmaker adds to your account, often subject to conditions before withdrawal.
- Cash Out
- Cash out lets you settle your bet before the event ends, locking in a profit or cutting a loss.
- Chalk
- Chalk is the term for the favorite in a betting market, usually with lower odds.
- Dutching
- Dutching spreads your stake across multiple outcomes to guarantee a profit regardless of which one wins.
- Free Bet
- Free bet is a token the bookmaker gives that lets you place a bet without using your own money.
- Handicap
- Handicap is a points adjustment applied to a team’s score to create balanced betting odds.
- Hedge
- Hedge is a counter‑bet placed to reduce risk or lock in a profit on an existing wager.
- In-Play
- In‑play refers to bets placed after an event has started, with odds that update as the action unfolds.
- Juice
- Juice is the commission the bookmaker charges for taking a bet, built into the odds.
- Kelly Criterion
- Kelly criterion is a formula that calculates the optimal size of a bet based on your edge and bankroll.
- Line Movement
- Line movement describes how odds or spreads shift over time as more bets are placed.
- Live Betting
- Live betting is the same as in‑play betting, allowing you to wager on a match while it is in progress.
- Lock
- Lock is a bet that is considered almost certain to win, often with very low odds.
- Middle
- Middle is a bet that covers both sides of a line, allowing you to win if the final score falls in the middle.
- Odds
- Odds represent the likelihood of an outcome and determine how much money you can win if your prediction is correct.
- Over/Under
- Over/under is a bet on whether the total score of a match will be higher or lower than a set number.
- Parlay
- Parlay is a single bet that combines two or more selections; all must win for the bet to pay out.
- Point Spread
- Point spread is a handicap given to the underdog to level the betting field between two teams.
- Push
- Push occurs when the result lands exactly on the line, leading to a refund of the stake.
- Stake
- Stake is the amount of money you risk on a bet.
- Steam
- Steam refers to rapid, heavy betting activity that causes odds to move quickly.