Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပွဲစဉ်သုံးသပ်ချက်.
- Arbitrage
- Betting on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A handicap that removes the draw option by giving one team a fractional goal head start or deficit.
- Bankroll
- The total amount of money set aside for betting.
- Bet Builder
- A tool that allows you to create a custom bet by combining different selectable outcomes from a single match.
- Both Teams To Score
- A wager on whether each team will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or loss based on the current odds.
- Correct Score
- A bet that predicts the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible match outcomes (e.g., home win or draw), reducing risk.
- Draw No Bet
- A bet that eliminates the draw outcome, returning your stake if the match ends in a tie.
- First Goal Scorer
- A wager on which player will score the opening goal of the match.
- Free Bet
- A no-cost bet credited to your account that can be used to place wagers, with any winnings usually returned.
- Half-Time/Full-Time
- A bet that combines the result at half-time and the result at full-time in one wager.
- In-Play Betting
- Placing a wager on a match while it is already in progress, with odds that update as the game unfolds.
- Juice
- The extra cut a bookmaker takes on each bet, reflected in the odds.
- Kelly Criterion
- A mathematical formula that calculates the optimal size of a bet based on your edge and the odds.
- Matched Betting
- A technique that uses free bets and lay bets to guarantee a profit by covering all outcomes of an event.
- Moneyline
- A bet that picks which team will win a match outright, without any point spread.
- Odds
- The numerical expression of how likely a particular result is, showing how much money you can win per unit staked.
- Over/Under
- A bet on whether the total number of goals in a match will be more or less than a specified number.
- Overround
- A measure of the bookmaker's built-in profit margin, shown as the sum of all outcome probabilities being over 100%.
- Parlay
- A single bet that links together two or more individual wagers and pays out only if all of them win.
- Risk-Free Bet
- A promotion that refunds your stake if the bet loses, up to a set amount.
- Stake
- The amount of money you put on a bet.
- Unit
- A standardized portion of your bankroll used to size bets consistently.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, giving an expected profit.