Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပွဲစဉ်သုံးသပ်ချက်.
- Accumulator
- An Accumulator combines multiple selections into one wager, and all selections must win for the bet to pay out.
- Arbitrage
- Arbitrage (or surebet) is the practice of betting on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- Asian Handicap gives a virtual advantage or disadvantage to a team, eliminating the draw option and leveling the playing field for betting.
- Bankroll
- Bankroll is the total amount of money set aside for betting, separate from everyday finances.
- Bet Builder
- Bet Builder is a feature that allows you to combine multiple markets from the same match into a single wager.
- BTTS
- BTTS is a bet on whether both teams will score at least one goal during the match.
- Cash Out
- Cash Out lets you settle a bet before the event ends, either locking in a profit or limiting a loss.
- Decimal Odds
- Decimal odds show the total amount returned for each unit wagered, including the original stake.
- Double Chance
- Double Chance allows a bettor to cover two of the three possible outcomes in a match (e.g., home win or draw).
- Draw No Bet
- Draw No Bet removes the draw outcome, so the bet is refunded if the match ends in a draw.
- Dutching
- Dutching involves spreading a stake across multiple selections in the same event to ensure an equal profit regardless of which one wins.
- Fractional Odds
- Fractional odds indicate the profit relative to the stake, expressed as a fraction (e.g., 5/1 means 5 units profit per 1 unit wagered).
- Hedge
- Hedge betting involves placing an opposite bet to an existing wager to reduce risk or lock in a guaranteed profit.
- In-Play
- In-Play betting lets you place or modify bets after a match has started, with odds that update in real time.
- Juice
- Juice, also known as vig, is the commission a bookmaker charges for accepting a bet, built into the odds.
- Kelly Criterion
- Kelly Criterion is a formula that calculates the optimal size of a bet based on the perceived edge and odds.
- Lay Bet
- A Lay Bet is a wager that an outcome will not happen, typically placed on a betting exchange, where you act as the bookmaker.
- Moneyline
- Moneyline odds express the amount a bettor must wager (negative) or can win (positive) on a 100‑unit stake.
- Odds
- Odds represent the probability of a specific outcome and determine how much a winning bet will pay out.
- Odds Movement
- Odds Movement tracks how the odds for an event change over time, reflecting shifts in market sentiment or new information.
- Over/Under
- Over/Under bets predict whether the total number of goals in a match will be higher or lower than a set line.
- ROI
- ROI, or Return on Investment, measures the net profit generated relative to the total amount wagered.
- Stake
- The stake is the amount of money you risk on a bet.
- Unit
- A unit is a standardized portion of your bankroll used to measure the size of each bet consistently.
- Value Bet
- A Value Bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome, offering a positive expected return.