Knowledge Base
Glossary
Plain-English definitions for the terminology used across နည်းပြရှုထောင့်.
- Accumulator
- A bet that combines multiple selections into one stake, with winnings rolling over from each winning pick.
- Asian Handicap
- A spread betting system that eliminates the draw outcome and gives a handicap to each team.
- Bankroll
- The total amount of money set aside for betting, separate from everyday finances.
- Bet Slip
- A digital record that lists your selected bets, stake amount, and potential payout before you confirm a wager.
- Bookmaker
- A company or individual that sets odds and accepts bets on sporting events.
- Both Teams To Score (BTTS)
- A bet that wins if each team scores at least one goal during the match, regardless of the final result.
- Cash Out
- A feature that lets you settle a bet before the event concludes, locking in a profit or limiting a loss.
- Decimal Odds
- A way to express odds as a single number that includes the return of the stake, used to calculate potential payouts.
- Double Chance
- A bet that covers two of the three possible outcomes (home win/draw, away win/draw, or win for either side) in a single wager.
- Draw No Bet
- A bet that refunds your stake if the match ends in a draw, leaving only a win for either side.
- Edge
- The statistical advantage a bettor believes they have over the bookmaker’s odds.
- First Goalscorer
- A prop bet on which player will score the first goal in a match.
- Futures Bet
- A long‑term bet placed on an outcome that will be decided after a tournament or season ends.
- In‑Play Betting
- Placing bets on a match while it is already in progress, with odds that change as the game unfolds.
- Juice (Vig)
- The commission a bookmaker takes from a bet, built into the odds to ensure a profit regardless of the outcome.
- Kelly Criterion
- A mathematical formula that calculates the optimal percentage of your bankroll to wager for long‑term growth.
- Market Movement
- Changes in betting odds caused by betting volume, team news, or other factors before an event starts.
- Moneyline
- A bet that picks the winner of a match, with odds reflecting the probability of each side winning.
- Over/Under
- A bet on whether the total number of goals scored in a match will be more or less than a set number.
- Parlay
- A single bet that links two or more selections; all must win for the parlay to pay out.
- Point Spread
- A handicap given to the underdog and a virtual advantage to the favorite to level the betting field.
- Prop Bet
- A wager on a specific event within a match, such as which player scores first or the number of yellow cards.
- Stake
- The amount of money you risk on a single bet.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, giving you an expected advantage.