Knowledge Base
Glossary
Plain-English definitions for the terminology used across အသင်းခွဲခြမ်းစိတ်ဖြာ.
- Accumulator
- A single bet that combines two or more selections; all must win for a payout.
- Arbitrage
- The practice of betting on all possible outcomes of an event across different bookmakers to secure a risk‑free profit.
- Asian Handicap
- A handicap applied to each team, often using half or quarter goals, to eliminate the draw option.
- Bankroll
- The total amount of money a bettor sets aside for placing bets.
- Bet Builder
- An online tool that lets you create a custom multiple‑outcome bet within a single match.
- Cash Out
- A feature that allows you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes of a match (e.g., home win or draw).
- Draw No Bet
- A bet where you receive your stake back if the match ends in a draw.
- Each‑Way
- A bet split into a win part and a place part, paying out if the selection wins or places.
- European Handicap
- A handicap that uses whole numbers and includes the draw as a separate option, unlike Asian Handicap.
- First Goalscorer
- A market that predicts which player will score the first goal in a match.
- Goal Line
- The line set by the bookmaker for total goals in a match, similar to a point spread in other sports.
- In‑Play
- Betting on a match after it has started, with odds updating continuously.
- Juice (Vig)
- The commission or margin that a bookmaker builds into the odds, representing their profit.
- KYC (Know Your Customer)
- The process of verifying a bettor’s identity to comply with legal and security regulations.
- Lay
- To bet against a particular outcome occurring.
- Live Odds
- The changing odds offered during an in‑play event, reflecting the real‑time state of the match.
- Matched Betting
- A strategy that uses free bets and lay bets to guarantee a profit regardless of the result.
- Over/Under
- A bet on whether the total number of goals (or other stats) will be above or below a set line.
- Responsible Gambling
- Policies and tools (such as deposit limits) designed to help users gamble safely.
- Self‑exclusion
- A voluntary account lockout that prevents a user from betting for a set period.
- Steam
- Rapid, significant movement of odds caused by heavy betting activity on a particular outcome.
- Value Bet
- A wager where the perceived probability of an outcome is higher than the bookmaker’s implied probability.
- Void Bet
- A bet that is cancelled and the stake is returned, usually due to a match being postponed or a rule violation.
- Wager
- Another term for a bet, referring to the amount of money placed on a specific outcome.