Knowledge Base
Glossary
Plain-English definitions for the terminology used across အသင်းခွဲခြမ်းစိတ်ဖြာ.
- Accumulator
- An accumulator bundles multiple selections into one bet, with each win increasing the stake for the next selection and the final payout.
- Arbitrage
- Arbitrage, or ‘arbing’, is the practice of betting on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- Asian Handicap gives a virtual advantage or disadvantage to a team to remove the draw outcome and balance the odds.
- Back
- To back a bet is to wager in favor of a particular outcome, hoping it happens.
- Banker
- A banker is a selection that is considered highly likely to win, often used to anchor riskier bets in a multi‑bet.
- Bankroll
- Your bankroll is the total amount of money you have set aside specifically for placing bets.
- Bet Builder
- Bet Builder is a tool that lets you combine several related markets from the same match into one custom wager.
- Both Teams to Score
- Both Teams to Score is a wager that wins if each side scores at least one goal during the match.
- Cash Out
- Cash Out allows you to settle a bet before the event ends, locking in a profit or limiting a loss based on the current odds.
- Dutching
- Dutching involves dividing your stake across several outcomes so that you profit no matter which one actually wins.
- In-Play
- In-Play betting lets you place or adjust bets after a match has started, with odds that change as the game unfolds.
- Juice
- Juice, also called vig, is the commission a bookmaker builds into the odds so they earn a profit regardless of the result.
- Kelly Criterion
- The Kelly Criterion is a formula that calculates the optimal size of a bet based on your edge and the odds offered.
- KYC
- KYC, or Know Your Customer, is the process where betting sites verify your identity to comply with legal and security regulations.
- Lay
- To lay a bet is to bet against a specific outcome, which is common on betting exchanges where you act as the bookmaker.
- Line Movement
- Line movement refers to how odds or point spreads shift over time as more people bet and the bookmaker adjusts the lines.
- Odds
- Odds represent the likelihood of an event happening and determine how much you can win if your bet is correct.
- Over/Under
- Over/Under is a bet on whether the total number of goals (or other stats) will be more or less than a number set by the bookmaker.
- Parlay
- A parlay is a single bet that combines two or more selections; all of them must win for you to receive a payout.
- Responsible Gambling
- Responsible Gambling refers to practices and tools, such as deposit limits and self‑exclusion, that help you stay in control of your betting.
- RTP
- RTP, or Return to Player, is a percentage that shows how much of the total bets a game pays back to players over time.
- Self-Exclusion
- Self‑exclusion is a voluntary option that blocks your account from betting for a set period, helping you take a break if needed.
- Value Bet
- A value bet occurs when the odds a bookmaker offers are higher than the true probability of the outcome, giving you an expected edge.
- Volatility
- Volatility describes how unpredictable a bet’s results are; high volatility means big swings, low volatility means steadier outcomes.
- Wagering Requirement
- A wagering requirement is the number of times you must bet a bonus amount before you can withdraw any winnings derived from it.