Knowledge Base
Glossary
Plain-English definitions for the terminology used across Ulasan Pertandingan.
- Arbitrage
- Arbitrage involves placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- Asian handicap gives a virtual advantage or disadvantage to a team to level the playing field, eliminating the draw option.
- Back Bet
- A back bet is a wager that a specific outcome will happen, such as a team winning.
- Bankroll
- Bankroll is the total amount of money you have set aside for betting.
- Bet Builder
- Bet Builder lets you create a personalized bet by combining different markets from the same match into one wager.
- Cash Out
- Cash Out lets you settle your bet before the event ends, locking in a profit or minimizing a loss based on the current score.
- Decimal Odds
- Decimal odds show the total amount returned for each unit wagered, including the original stake.
- Double Chance
- Double chance allows you to bet on two of the three possible outcomes of a match (e.g., home win or draw), reducing risk.
- Dutching
- Dutching is the practice of betting on multiple outcomes in the same event to split the risk and ensure a profit.
- Fractional Odds
- Fractional odds indicate the profit you will earn relative to your stake, displayed as a fraction.
- Half-Time Bet
- Half-time bet is a wager placed on the outcome of a match at the end of the first half, before the second half starts.
- In-Play Betting
- In-Play Betting lets you place bets on a match while it is already in progress, with odds that update as the game unfolds.
- Kelly Criterion
- Kelly criterion is a mathematical formula used to determine the optimal size of a bet based on your edge and bankroll.
- Lay Bet
- A lay bet is a wager that a specific outcome will not happen, essentially acting as the bookmaker.
- Line Movement
- Line movement refers to changes in betting odds or spreads over time as more bets are placed.
- Moneyline
- Moneyline is a bet on which team will win the match, with odds expressed as a positive or negative number.
- Odds
- Odds represent the probability of an outcome and determine how much you can win if your bet is correct.
- Over/Under
- Over/Under is a bet on whether the total number of goals (or points) in a match will be higher or lower than a set number.
- Parlay
- Parlay is a single bet that combines multiple selections; all must win for the bet to pay out.
- Payout
- Payout is the total amount you receive when a bet wins, including your original stake.
- Responsible Gambling
- Responsible gambling refers to practices and policies that help you stay in control of your betting activities and avoid harmful behavior.
- Stake
- Stake is the amount of money you risk on a bet.
- Value Bet
- A value bet occurs when the odds offered by the bookmaker are higher than the true probability of the outcome, giving you an edge.
- Vig
- Vig, also called juice, is the commission charged by the bookmaker on a bet, reflected in the odds.