Knowledge Base
Glossary
Plain-English definitions for the terminology used across ព័ត៌មាន World Cup.
- Accumulator
- An accumulator combines multiple selections into one bet, and all selections must win for the bet to pay out.
- Age Verification
- Age verification confirms that you are legally old enough to gamble on the platform.
- Arbitrage
- Arbitrage (or 'arbing') is exploiting differences in odds across bookmakers to guarantee a profit.
- Asian Handicap
- Asian Handicap gives a virtual advantage or disadvantage to a team, eliminating the draw option and balancing odds.
- Bankroll Management
- Bankroll management is the practice of setting limits on how much you bet to keep losses manageable.
- Bet Builder
- Bet Builder lets you create a custom bet by picking different outcomes of the same match.
- Cash Out
- Cash Out lets you settle a bet before the event ends, locking in a profit or cutting a loss.
- Cashback
- Cashback is a rebate that returns a portion of your losses back to your account.
- Dutching
- Dutching is spreading a stake across multiple outcomes to ensure an equal profit regardless of which one wins.
- In-play Betting
- In-play betting allows you to place bets on a match while it is still in progress.
- Juice
- Juice is the commission that a bookmaker takes on a bet, reflected in the odds.
- KYC
- KYC stands for Know Your Customer, a process where the operator verifies your identity to prevent fraud.
- Lay Bet
- A lay bet is a wager that an outcome will not happen, essentially acting as the bookmaker.
- Maximum Payout
- Maximum payout is the highest amount a bookmaker will pay out on a single bet.
- Odds
- Odds represent the likelihood of an outcome and determine how much you can win if your bet succeeds.
- Over/Under
- Over/Under bets predict whether a statistic, like total goals, will be above or below a set number.
- Price Boost
- A price boost is a promotion that increases the odds on a specific selection for a limited time.
- Responsible Gambling
- Responsible gambling refers to practices and tools that help you stay in control of your betting activity.
- RTP
- RTP stands for Return to Player, indicating the percentage of total bets a game pays back to players over time.
- Self-Exclusion
- Self-exclusion is a tool that lets you block yourself from betting on the site for a set period.
- Stake
- The stake is the amount of money you risk on a single bet.
- Value Bet
- A value bet occurs when the odds offered are higher than the true probability of the outcome, giving an edge.
- Void Bet
- A void bet cancels the wager and refunds the stake, usually because the event was not completed.
- Volatility
- Volatility describes how often and how much a bet can win or lose; high volatility means bigger but rarer payouts.
- Wagering Requirement
- A wagering requirement is the number of times you must bet a bonus amount before you can withdraw any winnings.