Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပွဲစဉ်သုံးသပ်ချက်.
- Accumulator
- A single bet that links two or more individual selections, all of which must win for the bet to pay out.
- Arbitrage
- The practice of placing bets on all possible outcomes across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A spread bet that gives one team a fractional advantage or disadvantage to level the playing field.
- Bankroll
- The total amount of money you have set aside for placing bets.
- Bet Builder
- An online tool that lets you combine multiple betting markets from a single event into one wager.
- Bookmaker
- A company or person that accepts bets and sets the odds for events.
- Cash Out
- A feature that lets you settle a bet for a certain amount before the event finishes, locking in a profit or loss.
- Double Chance
- A bet that covers two of the three possible outcomes in a match, increasing your chance of winning.
- Draw No Bet
- A bet that returns your stake if the match ends in a draw, otherwise you win if your chosen team wins.
- First Goalscorer
- A bet on which player will score the first goal in a match.
- Free Bet
- A bet credit given by a bookmaker that can be used to place a wager without risking your own money.
- Hedge
- Placing a bet on the opposite outcome to an existing bet to reduce risk or secure a profit.
- In-Play Betting
- Placing bets on a match after it has already started, with odds that update as the game progresses.
- Lay Betting
- Betting that a specific outcome will not happen, usually done on a betting exchange.
- Margin
- The built-in profit margin a bookmaker includes in the odds, often called juice or vig.
- Odds Comparison
- The process of checking the odds offered by different bookmakers to find the best value for a bet.
- Over/Under
- A bet on whether a specific statistic, such as total goals, will be above or below a set number.
- Price Boost
- A promotional offer where a bookmaker increases the odds on a particular selection.
- Push
- A tie result in a bet where the outcome matches the line exactly, leading to a refund of the stake.
- Stake
- The amount of money you risk on a bet.
- Tipster
- A person or service that provides predictions and advice on which bets to place.
- Underdog
- The team or player expected to lose, often offering higher odds and a bigger potential payout.
- Value Bet
- A bet where the odds appear higher than the true probability of the outcome, giving you an expected edge.
- Void Bet
- A bet that is canceled and the stake returned, usually because the event was postponed 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.