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, multiplying the odds.
- Asian Handicap
- A handicap applied to a team to level the match, giving a virtual advantage or disadvantage to each side.
- Back Bet
- A conventional bet that an outcome will occur, placed against the exchange or bookmaker.
- Bankroll Management
- The practice of setting and sticking to a budget for betting to avoid excessive losses.
- Bet Builder
- A feature that lets you combine different markets from the same match into one customized wager.
- Bookmaker
- A company or individual that sets odds and accepts bets on sporting events.
- Both Teams to Score
- A bet that wins if each side scores at least one goal during the match.
- Cash Out
- The option to settle a bet before the event ends, locking in a profit or limiting a loss.
- Correct Score
- A wager on the exact final score of a match, such as 2‑1 or 3‑0.
- Double Chance
- A bet that covers two of the three possible outcomes (e.g., home win or draw) in a single wager.
- Draw No Bet
- A market that removes the draw option; you win if your chosen team wins, and you get your stake back if the match ends in a tie.
- First Goal Scorer
- A bet on which player will score the opening goal of the match.
- Free Bet
- A promotional token that allows you to place a bet without using your own money; any winnings are usually returned minus the stake.
- Half-Time/Full-Time
- A market that requires you to predict both the result at halftime and the final result of the match.
- Kelly Criterion
- A mathematical formula that calculates the optimal size of a bet based on perceived edge and odds.
- Lay Bet
- A bet that a specific outcome will not happen, typically placed on a betting exchange.
- Live Betting
- Placing bets on a match while it is in progress, with odds that update in real time.
- Margin
- The bookmaker’s built‑in profit margin, expressed as a percentage of the true odds.
- Odds
- The probability assigned to an outcome; also indicates the potential payout relative to the stake.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be higher or lower than a set line.
- Parlay
- Another term for an accumulator; a single bet linking multiple selections with combined odds.
- Stake
- The amount of money you risk on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an expected positive return.
- Vig
- The commission or cut that a bookmaker takes from a bet, often included in the odds.