Knowledge Base
Glossary
Plain-English definitions for the terminology used across အသင်းခွဲခြမ်းစိတ်ဖြာ.
- Accumulator
- An accumulator is a bet that combines multiple selections; the winnings from each selection roll over to the next.
- Asian Handicap
- Asian Handicap is a handicap betting style that eliminates the draw outcome and gives a team a +/- goal margin.
- Bankroll Management
- Bankroll Management is the strategy of budgeting and limiting the amount of money you use for betting.
- Bet Builder
- Bet Builder is a feature that lets you combine multiple markets from a single match into one custom wager.
- Bet Slip
- A bet slip is the record of your chosen bets, stake, and potential payout before you confirm the wager.
- Bonus Abuse
- Bonus Abuse refers to exploiting promotional offers in ways not intended, which can lead to account restrictions.
- Bookmaker
- A bookmaker (or sportsbook) is a company that sets odds and accepts bets on sporting events.
- Cash Out
- Cash Out is a feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Double Chance
- Double Chance is a bet that covers two of the three possible outcomes of a match, reducing risk.
- Dutching
- Dutching is the practice of betting on multiple outcomes in the same event to split the profit.
- Free Bet
- A free bet is a promotional credit that lets you place a bet without using your own money; any win is usually returned minus the stake.
- In-Play Betting
- In-Play Betting allows you to place bets on a match while it is happening, with odds that update in real time.
- Juice
- Juice, also called vig, is the commission a bookmaker charges for taking a bet, built into the odds.
- Kelly Criterion
- The Kelly Criterion is a mathematical formula used to determine the optimal size of a bet based on your edge.
- Lay Bet
- A lay bet is a wager that an outcome will NOT happen, typically placed against a back bet.
- Live Betting
- Live Betting is another term for In-Play Betting, allowing bets on events as they unfold.
- Matched Betting
- Matched Betting uses free bets and lay bets to guarantee a profit by covering all possible outcomes.
- Odds
- Odds indicate how likely an outcome is and determine how much you can win relative to your stake.
- Over/Under
- Over/Under is a bet on whether the total number of goals/points in a match will be above or below a set line.
- Parlay
- A parlay is a single bet that links two or more selections, all of which must win for the bet to pay out.
- RTP
- RTP stands for Return to Player, the percentage of total bets a game pays back to players over time.
- Stake
- The stake is the amount of money you wager on a bet.
- Value Bet
- A value bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome.
- Volatility
- Volatility describes how often and how much a game can pay out; high volatility means big but rare wins.
- Wagering Requirement
- A wagering requirement is the number of times you must bet the bonus amount before you can withdraw any winnings.