Knowledge Base
Glossary
Plain-English definitions for the terminology used across အသင်းခွဲခြမ်းစိတ်ဖြာ.
- American Odds
- Moneyline odds that indicate how much you must bet to win $100 (negative) or how much you win on a $100 bet (positive).
- Arbitrage Betting
- Placing bets on all possible outcomes across different bookmakers to guarantee a profit no matter the result.
- Asian Handicap
- A betting system that removes the draw option and gives a handicap to each team, offering two possible winning sides.
- Bankroll
- The total money set aside for betting, used to manage stakes and losses.
- Bookmaker Margin
- The built-in edge a bookmaker has in each market, representing the difference between true and offered odds.
- Both Teams to Score (BTTS)
- A bet on whether each team will find the net at least once during the match.
- Cash Out
- A feature letting you settle a bet early, locking in a profit or limiting a loss based on current odds.
- Correct Score
- A bet predicting the exact final score of a match.
- Decimal Odds
- Odds expressed as a multiplier that shows the total return per unit wagered (e.g., 2.50 returns $2.50 for a $1 bet).
- Deposit Limit
- A self-set cap on the amount of money you can deposit into your account within a chosen period.
- Draw No Bet
- A market where you pick a team to win; if the match ends in a draw, your stake is refunded.
- Fractional Odds
- Traditional odds displayed as a fraction, indicating profit relative to the stake (e.g., 5/1 means $5 profit for each $1 wagered).
- Free Bet
- A promotional credit that can be used to place a bet; winnings are paid out but the free bet stake is not returned.
- Half-Time/Full-Time
- A combined bet on the outcome of the first half and the final result of the match.
- Hedging
- Betting on the opposite outcome of an earlier bet to reduce risk or secure a guaranteed profit.
- Juice (Vig)
- The commission built into odds that ensures the bookmaker profits regardless of the outcome.
- Live Betting
- Placing bets on a match while it is in progress, with odds that update in real time.
- Moneyline
- A bet on which team will win a match outright, with odds shown as a positive or negative number.
- Over/Under
- A wager on whether the total goals or points scored will be higher or lower than a set line.
- Parlay
- A single bet that links multiple selections; all must win for a payout, increasing potential returns.
- Point Spread
- A handicap that gives the underdog an extra point margin to level the betting field.
- Self-Exclusion
- A voluntary request to block access to your betting account for a set time or indefinitely to help control gambling behavior.
- Stake
- The amount of money placed on a single bet.
- Value Bet
- A selection where the odds offered are higher than the true probability, giving an expected edge over time.
- Wagering Requirement
- The number of times you must wager a bonus amount before withdrawing related winnings.