Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပရိသတ်လမ်းညွှန်.
- Accumulator
- A single bet that combines multiple selections; all must win for the bet to pay out, increasing the odds.
- American Odds
- Odds expressed as a positive or negative number; positive indicates the profit on a 100 unit stake, negative shows the stake needed to win 100.
- Arbitrage Betting
- Placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of result.
- Asian Handicap
- A spread betting line that gives a handicap to the underdog and a advantage to the favourite, making both sides have an equal chance.
- Bankroll
- The total amount of money set aside for betting, separate from everyday finances.
- Bet Builder
- A feature allowing you to combine several markets from the same event into one custom bet.
- Betting Exchange
- A platform where punters bet against each other, with the exchange taking a small commission on winnings.
- Cash Out
- The option to settle a bet before the event ends, locking in a profit or limiting a loss.
- Cashback
- A promotional offer that returns a portion of losses, usually credited as a free bet or real cash.
- Decimal Odds
- A way to express odds as a single number that includes the stake; the total return is stake multiplied by the decimal.
- Deposit Limit
- A cap set by the player on how much money can be deposited into the betting account within a specified time frame.
- Fractional Odds
- Odds shown as a fraction; the numerator shows the profit you earn relative to the denominator (the stake).
- Free Bet
- A token or credit given by a bookmaker that can be used to place a bet without risking your own money.
- In-Play
- Bets placed while a match is already in progress, with odds that update as the game unfolds.
- Juice
- The commission a bookmaker charges on a bet, reflected in the odds difference between the two sides of a market.
- KYC
- Short for "Know Your Customer"; the process of verifying a customer's identity and age to prevent fraud and underage gambling.
- Lay Betting
- Betting that an outcome will not happen, typically done on a betting exchange, where you act as the bookmaker.
- Moneyline
- A straightforward bet on which team will win a match, without any point spread.
- Over/Under
- A bet on whether the total number of something (e.g., goals, points) in a match will be higher or lower than a set number.
- Parlay
- Similar to an accumulator; a bet linking two or more outcomes, with winnings rolled over to the next selection.
- Responsible Gambling
- Practices and tools (e.g., deposit limits, self‑exclusion) designed to help players stay in control and avoid harmful gambling.
- Self‑Exclusion
- A formal request to suspend your account for a set period, during which you cannot place bets or access promotional offers.
- Unit
- A standardized bet size used to measure performance, usually a fixed percentage of the bankroll.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, offering a positive expected return.
- Wagering Requirement
- The number of times you must turnover a bonus or free bet before you can withdraw any winnings.