Knowledge Base
Glossary
Plain-English definitions for the terminology used across ဘောလုံးလမ်းညွှန်.
- Accumulator
- A single bet that links two or more selections; all must win for the bet to pay out.
- Arbitrage Betting
- Taking advantage of differing odds across bookmakers to guarantee a profit regardless of the outcome.
- Asian Handicap
- A spread that gives one team a fictional advantage or disadvantage, splitting the bet into two parts to eliminate the draw.
- Bankroll Management
- The practice of setting and sticking to a budget for betting to avoid excessive losses.
- Bet Builder
- An online tool that lets you combine different markets from the same match into a single custom bet.
- Bookmaker Margin
- The built‑in percentage advantage a bookmaker holds in the odds, ensuring profit over the long term.
- Both Teams to Score
- A bet on whether each team will score at least one goal during the match.
- Cash Out
- An option to settle a bet early, locking in a profit or limiting a loss before the event finishes.
- Cashback
- A refund of a part of your losses, usually credited as bonus funds after a set period.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, loss) in a single match.
- Draw No Bet
- A bet that returns your stake if the match ends in a draw; you win if your chosen team wins.
- Flat Betting
- Staking the same amount on each bet, regardless of confidence or odds.
- Free Bet
- A credit given by the bookmaker that you can use to place a bet without using your own money.
- Hedging
- Placing a bet on the opposite outcome to reduce risk or secure a profit regardless of the final result.
- In‑Play Betting
- Placing bets on a match after it has started, with odds that update as the game progresses.
- Juice
- The fee or commission a bookmaker includes in the odds, often called the vig.
- Kelly Criterion
- A mathematical formula that calculates the optimal percentage of your bankroll to wager for maximum growth.
- KYC
- The process of verifying a customer's identity, required by regulators to prevent fraud and under‑age gambling.
- Odds Format
- The way betting odds are shown, such as decimal, fractional, or American.
- Over/Under
- A bet on whether a specific statistic, such as total goals, will be above or below a set number.
- Parlay
- A bet that combines multiple selections into one, requiring every selection to win for a payout.
- Stake
- The amount of money you place on a bet.
- Value Bet
- A bet where the odds offered are higher than the true chance of the outcome, suggesting potential profit.
- Void Bet
- A bet that is cancelled and the stake is returned, often due to a match being postponed or a rule breach.
- Wagering Requirement
- A condition that says you must bet a multiple of a bonus amount before withdrawing any related winnings.