Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပရိသတ်လမ်းညွှန်.
- Accumulator
- A bet that combines multiple selections into one wager, where all selections must win for the bet to pay out.
- Asian Handicap
- A handicap given to teams in a match to level the playing field, eliminating the draw option and offering adjusted odds.
- Bankroll Management
- The practice of setting and sticking to a budget for betting to avoid spending more than you can afford to lose.
- Bet Builder
- A feature that lets you combine multiple outcomes from a single match into a single bet for potentially higher odds.
- Betting Market
- The set of odds and bet types available for a specific event or outcome, such as match result or total goals.
- Cash Out
- A feature that lets you settle a bet before the event ends, either locking in a profit or limiting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes of a match, increasing your chance of winning.
- Draw No Bet
- A bet where you win if your chosen team wins, and you get your stake back if the match ends in a draw.
- Edge
- The perceived advantage you believe you have over the bookmaker’s odds in a given bet.
- Expected Value
- A calculation showing the average amount you can expect to win or lose per bet if the same situation repeats.
- Free Bet
- A promotional credit the bookmaker gives you to place a bet without using your own money, usually with certain conditions.
- Handicap Betting
- A type of bet that gives one team a virtual advantage or disadvantage to balance the odds.
- In-Play Betting
- Placing bets on a match after it has started, with odds that update as the game progresses.
- Lay Bet
- A bet that a particular outcome will NOT happen, typically used on betting exchanges.
- Live Betting
- Another term for in‑play betting; wagers placed while the event is ongoing.
- Margin
- The built‑in profit margin a bookmaker includes in the odds, expressed as a percentage.
- Odds
- The numerical representation of the likelihood of an outcome, determining how much you can win relative to your stake.
- Over/Under
- A bet on whether a specific statistic, like total goals in a match, will be above or below a set number.
- Parlay
- A bet that links two or more selections together; all must win for a payout, offering higher odds than single bets.
- Profit Boost
- A bonus that multiplies the profit from a winning bet, often applied as a percentage increase.
- RTP
- Return to Player, the percentage of total wagered money a game returns to players over time; higher is better.
- Stake
- The amount of money you place on a bet.
- Value Bet
- A bet where the odds offered by the bookmaker are higher than the true probability of the outcome, giving you an edge.
- Void Bet
- A bet that is cancelled and the stake is returned, usually because the event did not occur or the market was ruled invalid.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings from it.