Knowledge Base
Glossary
Plain-English definitions for the terminology used across နည်းပြရှုထောင့်.
- Accumulator
- A bet that links multiple selections together, with winnings from each selection rolling over to the next.
- Arbitrage
- Taking advantage of differing odds across bookmakers to place opposing bets and secure a risk‑free profit.
- Asian Handicap
- A spread betting system that eliminates the draw option and gives a handicap to both teams, often with half‑goal increments.
- Bankroll Management
- The practice of setting aside a specific amount of money for betting and deciding how much to stake on each wager.
- Bet Builder
- A tool that allows you to combine multiple markets from a single match into one custom wager.
- Cash Out
- A feature that lets you settle a bet before the event ends, either locking in a profit or limiting a loss.
- Correct Score
- A bet that predicts the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible outcomes of a match (win/draw, draw/lose, etc.) in one wager.
- First Goalscorer
- A wager on which player will score the first goal in a match.
- Half-Time/Full-Time
- A bet that requires predicting both the result at halftime and the final result of a match.
- Handicap
- An advantage or disadvantage assigned to a team to balance the chances of winning for betting purposes.
- Implied Probability
- The chance of an outcome happening as suggested by the odds, expressed as a percentage.
- In-Play Betting
- Placing a bet on a match while it is ongoing, with odds that update as the action unfolds.
- Lay Betting
- Betting that an outcome will NOT happen, essentially acting as the bookmaker by offering odds to other bettors.
- Matched Betting
- A technique that uses free bets and lay bets to guarantee a profit by covering all possible outcomes.
- Moneyline
- A bet that picks the outright winner of a match, with odds shown as a positive or negative number.
- Odds
- The numerical expression of how likely a particular outcome is, indicating the potential payout relative to the stake.
- Over/Under
- A wager on whether the total number of goals scored in a match will be higher or lower than a number set by the bookmaker.
- Parlay
- A single bet that combines two or more selections; all must win for the bet to pay out.
- Point Spread
- A handicap given to the underdog and a corresponding advantage to the favorite to level the betting field.
- 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 an edge.
- Vig
- The commission or extra charge included in the odds by a sportsbook, reducing the effective payout.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings derived from it.