Knowledge Base
Glossary
Plain-English definitions for the terminology used across क्रिकेट प्रेमी.
- Arbitrage
- Placing bets on all possible outcomes with different bookmakers to guarantee a profit.
- Back Bet
- Betting that an outcome will happen.
- Bankroll Management
- The practice of deciding how much money to risk on each bet.
- Bookmaker
- The company that sets odds and accepts bets.
- Cash Out
- The option to settle a bet early for a reduced payout.
- DRS
- The system that allows teams to challenge on‑field umpire decisions.
- Economy Rate
- The average number of runs a bowler concedes per over.
- Fall of Wicket
- The moment a batsman gets out, used as a market in betting.
- Handicap Betting
- Odds adjusted to give an underdog a fictional advantage.
- In-Play Betting
- Placing bets after the match has started.
- Lay Bet
- Betting that an outcome will not happen, typically on a betting exchange.
- Margin
- The bookmaker’s built‑in profit margin embedded in the odds.
- Match Odds
- Betting odds on which team will win the match.
- Moneyline
- A straightforward bet on which team will win the match outright.
- Overround
- The total of all implied probabilities exceeding 100%, representing the book’s edge.
- Parlay
- A single bet that combines multiple selections; all must win for a payout.
- Powerplay
- A phase with restrictions on field placements that affects scoring odds.
- Run Rate
- The average number of runs a team scores per over.
- Session Betting
- Betting on the total runs scored during a specific set of overs.
- Strike Rate
- The number of balls a batsman faces per dismissal (or for a bowler, per wicket).
- Super Over
- A tiebreaker over used in limited‑overs matches.
- Tipster
- A person who provides betting predictions or advice.
- Value Bet
- A bet where the offered odds are higher than the true chance of the outcome.
- Void Bet
- A bet that is cancelled and the stake is returned.
- Wagering Requirement
- The number of times a bonus must be wagered before it can be withdrawn.