Knowledge Base
Glossary
Plain-English definitions for the terminology used across ကမ္ဘာ့ဖလားသတင်း.
- Arbitrage
- Arbitrage 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 goal advantage or disadvantage to teams, making mismatched games more balanced for betting.
- Bankroll
- Bankroll is the total amount of money you have set aside for placing bets.
- Bookmaker margin
- Bookmaker margin is the percentage of all bets that the bookmaker keeps as profit, built into the odds.
- Both Teams to Score
- Both Teams to Score (BTTS) is a bet on whether each side will score at least one goal during the match.
- Cash out
- Cash out allows you to settle a bet before the match ends, locking in a profit or limiting a loss based on current odds.
- Correct score
- Correct score is a bet that predicts the exact final score of a match.
- Decimal odds
- Decimal odds show the total payout for each unit wagered, including the original stake.
- Double chance
- Double chance lets you cover two of the three possible match outcomes in a single bet, lowering risk.
- Fractional odds
- Fractional odds express profit as a fraction of the stake, so 5/1 means you win five times your stake.
- Juice
- Juice is the commission or fee that a bookmaker charges on a bet, often built into the odds.
- KYC
- KYC stands for Know Your Customer, a process where the bookmaker verifies your identity to prevent fraud and ensure compliance.
- Lay bet
- A lay bet is a wager that an outcome will not happen, typically placed on a betting exchange.
- Live betting
- Live betting lets you place bets while a match is being played, with odds that update as the game progresses.
- Moneyline odds
- Moneyline odds use a positive or negative number to indicate how much you win on a $100 bet.
- Odds
- Odds represent the likelihood of an outcome and determine how much profit a winning bet will pay.
- Outright bet
- An outright bet is a wager on which team will win the entire tournament, such as the World Cup.
- Over/Under
- Over/Under is a bet on whether the total number of goals in a match will be more or less than a set line.
- Parlay
- Parlay combines multiple selections into a single bet, offering higher odds but requiring all picks to win.
- Prop bet
- A prop bet focuses on a specific event inside a match, like which player scores first or how many yellow cards occur.
- Responsible gambling tools
- Responsible gambling tools are features like deposit limits, loss limits, and self‑exclusion that help you stay in control of your betting.
- Single bet
- A single bet is a straightforward wager on one outcome, with the stake multiplied by the odds if it wins.
- Stake
- The stake is the amount of money you risk on a bet.
- Unit
- A unit is a standardized bet size, usually a small percentage of your bankroll, used to manage risk.
- Value bet
- A value bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome, giving an edge.