Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပွဲစဉ်သုံးသပ်ချက်.
- Accumulator
- A single bet that links multiple selections; all must win for the bet to pay, and winnings roll over from one selection to the next.
- Arbitrage
- The practice of betting on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A spread betting system that eliminates the draw outcome and offers half‑goal or quarter‑goal lines to reduce ties.
- Bankroll
- The total amount of money you have set aside for betting, used to manage how much you wager across all bets.
- Bet Builder
- A feature allowing you to combine multiple markets from a single match into one wager, such as goals, cards, and corners.
- Bookmaker
- A company or individual that sets odds, accepts bets, and pays out winnings; also called a sportsbook.
- Both Teams to Score
- A wager that each side will score at least one goal during the match, with options for Yes or No.
- Cash Out
- A function that lets you settle a bet before the event ends, either locking in a profit or limiting a loss based on current odds.
- Double Chance
- A bet that covers two of the three possible outcomes (e.g., home win or draw), increasing your chance of winning.
- Draw No Bet
- A bet that refunds your stake if the match ends in a draw, paying out only if your chosen team wins.
- Dutching
- Distributing your total stake across multiple selections in the same event so that you achieve the same profit regardless of which one wins.
- Free Bet
- A promotional token supplied by a sportsbook that allows you to place a bet without using your own money, with only the profit returned to your account.
- In-Play
- Betting on a match while it is ongoing, with odds that update in real time as the game progresses.
- Juice
- The commission or fee that a sportsbook charges for taking a bet, usually built into the odds so the book makes a profit regardless of the outcome.
- Kelly Criterion
- A mathematical formula used to determine the optimal size of a bet based on the perceived edge and odds, aiming to maximize long‑term bankroll growth.
- Margin
- The bookmaker’s built‑in advantage, expressed as a percentage, ensuring they profit over the long term regardless of results.
- Moneyline
- A bet on which team will win the match outright, with odds expressed as a positive or negative number.
- Odds
- The numerical expression of the likelihood of a specific outcome, indicating how much you can win relative to your stake.
- Over/Under
- A bet on whether the total number of goals, points, or runs in a match will be higher or lower than a set line.
- Point Spread
- A handicap given to the favorite team to level the playing field, requiring them to win by a certain margin for the bet to pay out.
- Stake
- The amount of money you place on a bet, which is multiplied by the odds to determine your potential payout.
- Steam
- Rapid line movement caused by heavy betting activity, often signaling where the majority of money is being placed.
- Value Bet
- A wager where the odds offered by the sportsbook are higher than the true probability of the outcome, suggesting a positive expected return.
- Wagering Requirement
- A condition attached to bonuses that requires you to bet a certain multiple of the bonus amount before you can withdraw any winnings.