Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပရိသတ်လမ်းညွှန်.
- Accumulator
- A type of bet where multiple selections are linked together and the payout grows with each winning selection.
- Arbitrage Betting
- Betting on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- A split handicap that reduces the possible outcomes to two, often using quarter‑goal lines.
- Back Bet
- Betting that a particular outcome will happen, the opposite of a lay bet.
- Bankroll Management
- The practice of deciding how much money to risk on each bet to keep the fund healthy.
- Bet Builder
- A tool that lets you combine different markets from a single match into one custom bet.
- Bookmaker Margin
- The built‑in advantage a bookmaker includes in the odds, ensuring profit over the long term.
- Both Teams to Score
- A bet on whether each team will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or loss.
- Double Chance
- A bet that covers two of the three possible outcomes of a match, increasing your chances of winning.
- Draw No Bet
- A bet that refunds your stake if the match ends in a draw, otherwise you win if your chosen team wins.
- Dutching
- Spreading your stake across multiple selections in the same event to ensure a profit regardless of which one wins.
- Handicap
- A points or goals advantage given to one team to level the playing field for betting.
- In-Play Betting
- Placing a bet after an event has started, with odds that update as the action unfolds.
- Juice
- The fee or commission a bookmaker charges, usually seen as the extra overround in the odds.
- Kelly Criterion
- A formula that calculates the optimal percentage of your bankroll to wager based on the edge.
- Lay Bet
- Betting that a particular outcome will not happen, often used on betting exchanges.
- Odds
- The numbers that tell you how much you can win relative to your stake.
- Over/Under
- A bet on whether a specific statistic, such as total goals, will be above or below a set number.
- Parlay
- A single bet that combines two or more selections and pays out only if all of them win.
- Responsible Gambling
- Practices and tools that help players stay in control and avoid gambling‑related harm.
- Scorecast
- A bet that requires you to predict both the first goal scorer and the exact final score.
- Stake
- The amount of money you put on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability suggests, giving an edge.
- Wincast
- A bet that combines a player to score and the team to win the match.