Knowledge Base
Glossary
Plain-English definitions for the terminology used across အသင်းခွဲခြမ်းစိတ်ဖြာ.
- Accumulator
- A bet that combines multiple selections, all of which must win for the bet to pay out.
- Asian Handicap
- A handicap given to teams to level the playing field, often with half or quarter goal lines to eliminate the draw.
- Bankroll Management
- The practice of setting and sticking to a budget for betting to avoid excessive losses.
- Bet Builder
- A feature that lets you combine multiple outcomes from a single match into one custom wager.
- Cash Out
- A function that lets you settle a bet before the event ends, locking in a profit or minimizing a loss.
- Correct Score
- A bet that predicts the exact final score of a match, such as 2-1 or 3-0.
- Double Chance
- A bet that covers two of the three possible outcomes (home win/draw, away win/draw, or either side winning) in a match.
- Draw No Bet
- A bet that pays out if your team wins, and refunds the stake if the match ends in a draw.
- Each-Way
- A two-part bet where half the stake backs the selection to win, and the other half backs it to place (usually top 2-4 finish).
- Evens
- Odds expressed as 1/1, meaning you win the same amount as your stake if the bet wins.
- Fixed Odds
- The odds set at the time of the bet, remaining unchanged regardless of later market movements.
- Handicap Betting
- A market where one team is given a virtual deficit or surplus to overcome, altering the odds.
- In-Play Betting
- Placing bets on a match while it is ongoing, with odds that update as the game progresses.
- Lay Bet
- A bet that a particular outcome will not happen, typically placed on a betting exchange.
- Odds Comparison
- Checking odds across different bookmakers to find the best possible price for a bet.
- Over/Under
- A market where you bet on whether the total number of goals (or other stats) will be above or below a specified line.
- Point Spread
- A handicap applied to a team to equalize the betting appeal, common in US sports and some soccer markets.
- Price Boost
- A promotional offer where a bookmaker increases the odds on a specific selection.
- Punter
- A person who places a bet on a sporting event.
- Stake
- The amount of money wagered on a bet.
- Starting Price
- The odds available at the start of an event, used especially in horse racing and some soccer markets.
- Surebet
- A situation where the odds across different bookmakers guarantee a profit regardless of the outcome.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, indicating a potential edge.
- Void Bet
- A bet that is cancelled and the stake refunded, usually because a match was postponed or a rule was broken.
- Wager
- Another term for a bet; the act of risking money on the outcome of an event.