Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပရိသတ်လမ်းညွှန်.
- Accumulator
- A type of bet where multiple selections are combined into one wager, with each selection needing to win for a payout.
- Asian Handicap
- A handicap system that eliminates the draw outcome and adjusts the odds to give each team a +/- goal advantage.
- Bankroll
- The total amount of money you have set aside for betting, separate from everyday finances.
- Bet Slip
- The digital record that shows your selected bets, stake amount, potential payout, and confirmation details.
- Bookmaker
- A company or platform that sets odds and accepts bets on sporting events and other outcomes.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or cutting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes in a match (e.g., home win or draw), reducing risk.
- First Goal Scorer
- A market where you predict which player will score the first goal in a match.
- Handicap Betting
- A market that gives one team a virtual advantage or disadvantage to create balanced odds.
- Hedge Bet
- Placing a second bet on the opposite outcome to secure a profit or minimize loss after an original bet.
- House Edge
- The mathematical advantage a casino or bookmaker has in a game, expressed as a percentage of each bet.
- In-Play Betting
- Placing bets on events while the match is ongoing, with odds that change as the game unfolds.
- Kelly Criterion
- A mathematical formula used to determine the optimal size of a bet based on your edge and bankroll.
- KYC
- The process of verifying a customer's identity and age to prevent fraud and ensure compliance with gambling regulations.
- Moneyline
- A betting market where you simply pick which team will win the match, with odds reflecting the likelihood of each outcome.
- Odds
- The numerical value that indicates how likely an outcome is and determines how much you can win relative to your stake.
- Over/Under
- A bet on whether the total number of goals scored in a match will be more or less than a set number.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out, offering higher odds.
- Point Spread
- A handicap given to the favorite team to level the playing field, requiring them to win by a certain margin for a bet to pay out.
- RTP
- The percentage of total wagered money that a game returns to players over time; higher RTP means better long‑term odds.
- Self-Exclusion
- A voluntary program that allows you to block yourself from placing bets for a set period, helping to manage gambling behavior.
- Stake
- The amount of money you risk on a single bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an expected positive return.
- Vig
- The commission that a bookmaker takes from a bet, built into the odds, so the total implied probability exceeds 100%.
- Wagering Requirement
- A condition that states how many times you must bet a bonus amount before you can withdraw any winnings.