Knowledge Base
Glossary
Plain-English definitions for the terminology used across ព័ត៌មាន World Cup.
- 1X2
- A betting market where you predict a home win (1), a draw (X), or an away win (2).
- Arbitrage
- Exploiting differing odds across bookmakers to place opposing bets and secure a risk‑free profit.
- Asian Handicap
- A point spread that gives one team a fictional advantage or disadvantage to create balanced odds for both sides.
- Bankroll
- The total money a bettor sets aside for wagering activities, separate from everyday finances.
- Bankroll Management
- The practice of deciding how much to bet on each wager to protect your funds and stay within risk limits.
- Bet Slip
- A digital record showing your chosen bets, odds, stake, and potential payout before you confirm the wager.
- Cash Out
- The option to settle a bet before the event ends, letting you take a reduced win or cut a loss.
- Cashback
- A promotion that gives back a portion of net losses to the player's account, typically as cash or bonus funds.
- Double Chance
- A market allowing you to cover two of the three possible outcomes in a match, reducing risk.
- Free Bet
- A promotional credit you can use to place a bet without risking your own money, usually with certain conditions.
- Hedge
- Placing a bet on the opposite outcome to reduce potential loss or lock in a guaranteed profit.
- Juice
- The commission that a sportsbook includes in the odds, guaranteeing a profit on every bet.
- KYC
- Know Your Customer; the process of verifying a player's identity to comply with legal requirements and prevent fraud.
- Live Betting
- Betting on events that are already in progress, with odds that update in real time as the action unfolds.
- Margin
- The built‑in profit margin a sportsbook adds to all possible outcomes, also known as the overround.
- Odds
- The numerical expression of an event's likelihood, indicating 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 combines two or more selections; all must win for the bet to pay out.
- Problem Gambling
- A pattern of gambling that causes personal, financial, or emotional harm, often characterized by loss of control.
- Provably Fair
- A system that lets players check that a bet's result was generated fairly, using a verifiable algorithm.
- RTP
- Return to Player (RTP) indicates the percentage of total bets a game pays back to players over a long period.
- Self-Exclusion
- A self‑imposed block that prevents you from accessing your betting account for a set period or indefinitely.
- Stake
- The amount of money you place on a bet, determining the potential profit if the wager wins.
- Volatility
- Volatility measures how often and how large payouts occur in a game, affecting the risk level for the player.
- Wagering Requirement
- The amount you must bet before bonus winnings can be withdrawn, usually expressed as a multiple of the bonus or deposit.