Knowledge Base
Glossary
Plain-English definitions for the terminology used across အသင်းခွဲခြမ်းစိတ်ဖြာ.
- Accumulator
- A single bet that combines two or more selections; all of them must win for the bet to pay out.
- Arbitrage
- Betting on all possible outcomes across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A point spread that gives the weaker team a virtual advantage and the stronger team a virtual deficit, making betting on either side more balanced.
- Bankroll
- The total money you have set aside for placing bets.
- Bet Builder
- A feature that lets you combine several betting markets from a single match into one wager.
- Bet Slip
- The electronic record that lists the selections, odds, stake, and potential payout of your bet.
- Bookmaker
- A company or person that sets odds and accepts bets on sports events.
- Cash Out
- The option to settle a bet before the event finishes, letting you take a profit or cut a loss.
- Correct Score
- A bet that requires you to guess the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible outcomes of a match, increasing your chances of winning.
- Dutching
- Spreading your stake across several outcomes so that you profit no matter which one wins.
- Edge
- Your perceived advantage over the bookmaker’s odds, which can increase the expected value of a bet.
- Enhanced Odds
- Promotional odds that are higher than the normal market odds for a specific selection.
- First Goalscorer
- A bet on which player will score the first goal in a match.
- Half-time/Full-time
- A bet that predicts both the result at half‑time and the final result of a match.
- Juice
- The commission or fee that a bookmaker includes in the odds, often called the vig.
- Kelly Criterion
- A formula that calculates the best size of a bet based on the perceived edge you have.
- Live Betting
- Placing a wager after a match has already started, with odds that change as the game progresses.
- Margin
- The built‑in profit that a bookmaker ensures for every market, expressed as a percentage.
- Matched Betting
- A method that uses free bets and lay bets to lock in a profit by covering all outcomes.
- Odds
- The number that shows how likely an outcome is and how much you can win if your bet is correct.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be higher or lower than a number set by the bookmaker.
- Spread
- The difference in points or goals used to level the playing field in handicap betting.
- Stake
- The amount of money you risk on a particular bet.
- Value Bet
- A bet where the odds offered are higher than the actual chance of the outcome, giving you a potential edge.