Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပွဲစဉ်သုံးသပ်ချက်.
- Asian Handicap
- A spread betting system that gives a handicap to the underdog and reduces the possible outcomes to two.
- Bankroll
- The total amount of money set aside by a bettor for placing bets.
- Bet Builder
- An online feature that lets you combine multiple outcomes from the same match into a single wager.
- Cash Out
- A feature allowing you to settle a bet before all selected events have concluded, 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 (win/draw, draw/win, etc.) in a match.
- Draw No Bet
- A market where you bet on a team to win; if the match ends in a draw, the stake is refunded.
- First Goal Scorer
- A proposition bet on which player will score the first goal in a match.
- Fixed Odds
- Betting odds that are set at the time the bet is placed and do not change.
- Half Time/Full Time
- A bet that predicts both the result at half time and the result at full time of a match.
- Handicap
- A market that gives one team a theoretical advantage or disadvantage to level the playing field.
- In-Play
- Bets placed after an event has started, with odds that update in real time.
- Juice
- The commission or fee a bookmaker charges on a bet, often reflected in the odds.
- Kelly Criterion
- A mathematical formula used to determine the optimal size of a bet based on perceived edge.
- KYC
- 'Know Your Customer'; the process of verifying a bettor's identity to prevent fraud and ensure legal compliance.
- Odds
- The numerical representation of the likelihood of an outcome, indicating the potential payout.
- Outright
- A bet on a team or player to win a tournament, league, or competition before it begins.
- Over/Under
- A bet on whether the total number of points, goals, or other stats will be above or below a set line.
- Parlay
- A bet that combines two or more selections; all must win for a payout, offering higher odds than single bets.
- Payout
- The total amount of money returned to a bettor after a winning bet, including stake and profit.
- Push
- A tie result in a market where all bets are refunded because the outcome exactly matches the line.
- Stake
- The amount of money wagered on a bet.
- Value Bet
- A bet where the odds offered are perceived to be higher than the true probability of the outcome.
- Void Bet
- A bet that is canceled and the stake is returned, usually due to a match being postponed or a rule violation.
- Yield
- The net profit or loss from betting expressed as a percentage of the total bankroll.