Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပွဲစဉ်သုံးသပ်ချက်.
- Accumulator
- A single bet that links multiple selections; all must win for a payout.
- Arbitrage
- Placing bets on all possible outcomes with different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A betting system that removes the draw option and gives a goal advantage or disadvantage to each team.
- Bankroll
- The total amount of money set aside for betting.
- Bet Builder
- A tool that lets you combine several bets on one match into a single wager.
- Betting Exchange
- A platform where bettors can back and lay outcomes directly, acting as a marketplace rather than a traditional bookmaker.
- Bookmaker Margin
- The profit margin added to odds by a bookmaker, known as vig or juice, which reduces the odds compared to true fair odds.
- Cash Out
- An option to settle a bet early for a reduced payout, locking in profit or limiting loss.
- Decimal Odds
- A way to express odds as a single number, showing the total return per unit staked (including the stake).
- Expected Value
- The average amount you can expect to win or lose per bet if the same odds were offered repeatedly.
- Fractional Odds
- Traditional odds displayed as a fraction, indicating the profit relative to the stake.
- Free Bet
- A token or bet credited by a bookmaker that can be used to place a wager without risking your own money.
- Hedge
- Betting on the opposite outcome to reduce risk or secure a profit after an original bet.
- In-Play Betting
- Placing bets after a match has started, with odds that update as the game progresses.
- Kelly Criterion
- A mathematical formula that calculates the optimal size of a bet based on your edge and bankroll.
- Matched Betting
- A technique that uses free bets and promotions to guarantee a profit by covering all outcomes.
- Moneyline
- A bet that picks which team will win the match, with odds expressed as a positive or negative number.
- Odds Boost
- A promotion that increases the odds on a specific selection, raising potential payouts.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher or lower than a set number.
- Point Spread
- A handicap given to each team to level the playing field, requiring the favored team to win by a certain margin.
- Stake
- The amount of money you risk on a bet.
- Tipster
- A person or service that provides betting predictions and analysis.
- 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 or deposit amount before you can withdraw any winnings.
- Welcome Bonus
- A promotional offer for new customers, usually a matched deposit or free bet amount.