Knowledge Base
Glossary
Plain-English definitions for the terminology used across အသင်းခွဲခြမ်းစိတ်ဖြာ.
- American Odds
- Odds expressed as a positive or negative number; positive shows profit on a $100 bet, negative shows how much you need to bet to win $100.
- Asian Handicap
- A spread that gives a fictional advantage or disadvantage to teams to level the playing field and reduce draw outcomes.
- Bankroll Management
- The practice of setting aside money for betting and deciding how much to wager on each bet to avoid losing it all.
- Betting Exchange
- A platform where bettors can back or lay outcomes against each other, often with lower fees than a traditional bookmaker.
- Bookmaker Margin
- The built‑in profit margin in odds that ensures the bookmaker makes money regardless of the result.
- Both Teams to Score
- A wager on whether both sides will score at least one goal during the match.
- Cash Out
- The option to settle a bet early for a reduced payout, locking in a profit or limiting a loss.
- Correct Score
- A bet predicting the exact final score of a match.
- Decimal Odds
- A way of showing odds as a single number (e.g., 2.50) that includes your stake in the total payout.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, loss) in a single match.
- Fractional Odds
- Odds shown as a fraction (e.g., 5/1) that tells you how much profit you make relative to your stake.
- Free Bet
- A promotional credit given by the operator that can be used to place a bet, usually without needing to stake your own money.
- In-Play Betting
- Placing a bet after a match has started, with odds that update as the game progresses.
- KYC
- The verification process where the operator checks your identity and age to comply with legal and security standards.
- Lay Bet
- A bet that an outcome will not happen, essentially acting as the bookmaker on a betting exchange.
- Moneyline
- A bet on which team will win a match, with odds reflecting the outright winner.
- Odds
- The probability of an outcome expressed as a number that determines how much you can win if you bet correctly.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be higher or lower than a set line.
- Parlay
- A single bet that links multiple selections; all must win for the bet to pay out, increasing potential payout.
- Responsible Gambling
- A set of tools and policies designed to help players stay in control and prevent gambling‑related harm.
- Self‑Exclusion
- A voluntary feature that lets you block yourself from accessing the betting site for a set period.
- Single Bet
- A straightforward bet on one selection, with the win determined solely by that outcome.
- Stake
- The amount of money you risk on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an expected positive return.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings derived from it.