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Knowledge Base

Glossary

Plain-English definitions for the terminology used across Info Piala Dunia.

001
American Odds
American odds indicate how much you need to bet to win 100 (negative) or how much you win on a 100 bet (positive).
002
Arbitrage
Arbitrage is a strategy that exploits differing odds across bookmakers to guarantee a profit.
003
Asian Handicap
Asian handicap gives a team a virtual advantage or disadvantage to balance the match.
004
Bankroll Management
Bankroll Management means deciding how much money to risk and how to size your bets.
005
Bet Builder
Bet Builder lets you combine multiple outcomes from the same match into a single wager.
006
Both Teams to Score
Both Teams to Score is a bet on whether each side will score at least one goal.
007
Cash Out
Cash Out lets you settle your bet before the match ends, locking in a profit or loss.
008
Decimal Odds
Decimal odds tell you the total payout per unit staked, including your original stake.
009
Double Chance
Double Chance lets you cover two of three possible outcomes in a match in one bet.
010
Fractional Odds
Fractional odds show the profit you make relative to your stake, written as a fraction.
011
Half-Time/Full-Time
Half-Time/Full-Time is a bet on both the halftime and final result of a match.
012
Hedge
Hedge is a bet placed on the opposite outcome to reduce risk or lock in a profit.
013
Juice
Juice is the commission a bookmaker charges on a bet, built into the odds.
014
Kelly Criterion
Kelly Criterion is a formula used to calculate the optimal size of a bet based on your edge.
015
Live Betting
Live Betting allows you to place bets on a match while it is being played.
016
Odds
Odds show how much you can win if your bet wins, expressed as a number.
017
Over/Under
Over/Under is a bet on whether the total score in a match will be higher or lower than a set number.
018
Parlay
Parlay is a single bet that links two or more selections and pays out only if all win.
019
Payout
Payout is the total amount you receive when a bet wins, including your stake.
020
Stake
Stake is the amount of money you put on a bet.
021
Steam
Steam describes a rapid line move caused by heavy betting action on one side.
022
System Bet
System Bet is a bet that covers multiple combinations of your selections, giving you a chance to win even if some lose.
023
Trixie
Trixie is a system bet with three selections forming four bets: three doubles and one treble.
024
Value Bet
Value Bet is a bet where the odds offered are higher than the true chance of the outcome.
025
Yankee
Yankee is a system bet with four selections forming 11 bets: six doubles, four triples, and one fourfold.