Knowledge Base
Glossary
Plain-English definitions for the terminology used across နည်းပြရှုထောင့်.
- Accumulator
- A bet that combines several selections into one wager, with winnings rolled over from each winning selection.
- Arbitrage
- Exploiting differences in odds across bookmakers to place bets on all outcomes and secure a risk-free profit.
- Bankroll
- The total amount of money set aside for betting, separate from everyday finances.
- Bet Builder
- A tool that allows you to combine multiple markets from the same match into a single custom bet.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or minimizing a loss based on current odds.
- Deposit Bonus
- A match of your deposit amount as bonus funds, subject to wagering requirements before withdrawal.
- Edge
- An advantage a bettor believes they have over the bookmaker’s odds, often based on information or analysis.
- Free Bet
- A promotional credit that can be used to place a bet without risking your own money, usually with certain conditions.
- Futures
- A bet placed on the outcome of a tournament or award, such as who will win the World Cup before it starts.
- Golden Boot
- A market to bet on which player will finish as the top scorer of the tournament.
- Handicap Betting
- A bet that gives one side a virtual advantage or disadvantage to balance the odds, often used when one team is heavily favored.
- In-Play Betting
- Placing a bet on a match after it has started, with odds that update in real time as the game progresses.
- Juice
- The commission a sportsbook charges on a bet, typically built into the odds, also called 'vig'.
- Kelly Criterion
- A mathematical formula used to determine the optimal size of a bet relative to your perceived edge.
- Matched Betting
- A strategy that uses free bets and promotions to guarantee a profit by covering all possible outcomes of an event.
- Moneyline
- A bet on which team will win the match outright, with odds expressed as a positive or negative number.
- Odds Boost
- A promotion that increases the payout odds on a specific event, giving bettors a higher potential return.
- Outright Winner
- A bet on the team or player that will win a competition, such as the FIFA World Cup champion.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher or lower than a set line.
- Parlay
- A single bet that links two or more selections; all must win for the parlay to pay out, offering higher odds.
- Prop Bet
- A wager on a specific event within a match, such as which player scores first or how many yellow cards are given.
- RTP
- Return to Player, the percentage of total wagered money that a casino-style game returns to players over time.
- Spread
- A handicap given to a team to level the playing field, where the favorite must win by a certain margin and the underdog can lose by a smaller margin.
- Stake
- The amount of money you risk on a bet.