Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပွဲစဉ်သုံးသပ်ချက်.
- Accumulator
- A bet that links several selections, with each winning amount rolled over onto the next pick.
- Asian Handicap
- A spread bet that removes the draw option and uses quarter‑goal lines to eliminate ties.
- Banker
- A selection that is considered almost certain to win, often used to boost the odds of a multi‑bet.
- Bankroll
- The total amount of money set aside for placing bets.
- Bet Slip
- A record that lists your selected bets and the stake before you confirm the wager.
- Betting Exchange
- A platform where bettors can back (bet for) or lay (bet against) an outcome, effectively acting as a market maker.
- Bookmaker Margin
- The built‑in commission, also called vig or juice, that ensures the bookmaker makes a profit on every market.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Decimal Odds
- Odds expressed as a single decimal number that includes the stake; multiply the stake by this number to calculate total return.
- Fold
- The number of selections in a bet; for example, a five‑fold has five picks.
- Fractional Odds
- Odds shown as a fraction, indicating how much profit you earn relative to your stake.
- Implied Probability
- The percentage chance of an outcome calculated from the odds, showing how likely the bookmaker thinks it is.
- In-Play Betting
- Placing bets on a match after it has already started, with odds updating in real time.
- Lay Bet
- Betting that a specific outcome will not happen; you win if the opposite occurs.
- Live Odds
- Odds that change continuously during a live match, reflecting the current state of play.
- Matched Betting
- A technique that uses free bets and lay bets to guarantee a profit regardless of the match result.
- Moneyline
- A bet on which team will win the match, with odds reflecting the outright winner.
- Odds
- The price that reflects how likely an outcome is and determines the potential payout.
- Over/Under
- A wager on whether the total number of goals or points in a match will be higher or lower than a set line.
- Parlay
- A single bet that combines multiple selections; all must win for the bet to pay out.
- Point Spread
- A handicap applied to the favored team to create balanced odds for both sides.
- Push
- A tie outcome where the result matches the line exactly, resulting in all bets being refunded.
- Stake
- The money you risk on a particular bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an edge to the bettor.
- Wagering Requirement
- A condition attached to a bonus that requires you to bet the bonus amount a set number of times before you can withdraw it.