Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပွဲစဉ်သုံးသပ်ချက်.
- Arbitrage
- Placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A type of spread betting that eliminates the draw option and uses half‑goal or quarter‑goal lines to reduce the chance of a push.
- Bankroll Management
- The practice of setting a budget for gambling and dividing it into units to avoid chasing losses.
- Bet Slip
- The digital record that lists your selected bets, stake amounts, and potential payouts before you confirm the wager.
- Bonus Wagering (Rollover)
- The requirement to bet a certain multiple of a bonus amount before you can withdraw any winnings derived from it.
- Both Teams To Score (BTTS)
- A bet on whether each side will score at least one goal during the match, with options usually being "Yes" or "No".
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or minimizing a loss based on current odds.
- Clean Sheet
- A bet on whether a team will finish the match without conceding any goals, useful for assessing defensive performance.
- Correct Score
- A wager that predicts the exact final score of a match, offering high odds due to the difficulty of the prediction.
- Double Chance
- A bet that covers two of the three possible outcomes in a match (e.g., win/draw or draw/lose), reducing risk but offering lower odds.
- First Goal Scorer
- A bet on which player will net the opening goal of the match, with higher odds for less likely scorers.
- Half‑Time/Full‑Time
- A bet that requires predicting both the score at halftime and the final score, providing higher odds than standard win‑draw‑win bets.
- Juice (Vig)
- The commission that a bookmaker charges for taking a bet, built into the odds so that the total implied probabilities exceed 100%.
- Live Betting
- Placing bets on a match while it is in progress, with odds that update in real time as the game unfolds.
- Margin
- The bookmaker’s built‑in profit margin, expressed as a percentage, which reflects the difference between the true odds and the odds offered.
- Moneyline
- A straightforward bet on which team will win a match, with odds reflecting the implied probability of each outcome.
- Odds
- The probability of an outcome expressed as a number, indicating how much you can win relative to your stake.
- Over/Under
- A bet on whether the total number of points, goals, or other metrics in a match will be higher or lower than a set line.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out, offering higher odds than individual bets.
- Point Spread
- A handicap given to a team to level the playing field, requiring them to win by a certain margin for bets on them to pay out.
- Responsible Gambling
- A set of practices and tools, such as deposit limits and self‑exclusion, designed to keep gambling safe and prevent harmful behavior.
- Settlement
- The process of finalizing a bet’s result after the event, determining whether the bet wins or loses and adjusting the account balance accordingly.
- Stake
- The amount of money you risk on a single bet.
- Value Bet
- A bet where the odds offered by the bookmaker are higher than the true probability of the outcome, suggesting a positive expected return.
- Void
- A bet that is canceled and the stake is returned, usually because the event was postponed, rescheduled, or the market was deemed invalid.