Knowledge Base
Glossary
Plain-English definitions for the terminology used across ကမ္ဘာ့ဖလားသတင်း.
- 1X2
- 1X2 is a three-way betting market where you pick either a home win (1), draw (X), or away win (2).
- Arbitrage
- Arbitrage is betting on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- Asian Handicap gives one team a fractional advantage or disadvantage to eliminate the draw option and balance the odds.
- Bankroll Management
- Bankroll Management is the practice of setting and sticking to a budget for your betting activities.
- Bet Builder
- Bet Builder lets you create a custom bet by selecting different markets within the same match.
- Bonus
- Bonus is an extra amount of funds or free bets added to your account as an incentive.
- Cash Out
- Cash Out lets you settle a bet before the event ends, either locking in a profit or limiting a loss.
- Correct Score
- Correct Score is a bet on the exact final score of a match.
- Draw No Bet
- Draw No Bet removes the draw option, so you win if your chosen team wins and get your stake back if it’s a draw.
- Edge
- Edge is the perceived advantage a bettor has over the bookmaker’s odds in a given market.
- First Goal Scorer
- First Goal Scorer is a bet on which player will score the first goal in a match.
- Free Bet
- Free Bet is a promotional credit you can use to place a bet without risking your own money.
- Half-Time/Full-Time
- Half-Time/Full-Time is a bet that combines the result at half-time and the final result of the match.
- Hedge
- Hedge is placing a second bet to reduce risk or lock in a profit on an existing wager.
- In-Play Betting
- In-Play Betting allows you to place or adjust bets after a match has started.
- Juice
- Juice is the cut a bookmaker takes on each bet, built into the odds.
- Maximum Payout
- Maximum Payout is the highest amount a bookmaker will pay out on a winning bet, regardless of the odds.
- Odds
- Odds indicate the probability of a specific outcome and determine how much you can win relative to your stake.
- 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 wager, and all must win for the bet to pay out.
- Sportsbook
- Sportsbook is the platform or company that accepts bets on sporting events.
- Stake
- Stake is the amount of money you put on a bet.
- Value Bet
- Value Bet occurs when the odds offered are higher than the true probability of the outcome, suggesting a profitable opportunity.
- Void Bet
- Void Bet is a cancelled or voided wager where all money is returned to the bettor.
- Wagering Requirement
- Wagering Requirement is the number of times you must bet a bonus amount before you can withdraw any winnings.