Knowledge Base
Glossary
Plain-English definitions for the terminology used across ဘောလုံးလမ်းညွှန်.
- Accumulator
- A single bet that combines two or more selections; all must win for you to receive a payout.
- Asian Handicap
- A handicap bet that removes the draw option, giving one team a virtual advantage or disadvantage to create balanced odds.
- Bankroll
- The total amount of money you have set aside specifically for placing bets.
- Cash Out
- A feature allowing you to settle your bet before the event concludes, locking in a profit or limiting losses.
- Double Chance
- A bet covering two of the three possible match outcomes—home win or draw, away win or draw, or either team winning.
- Draw No Bet
- A bet where you back either team to win; if the match ends in a draw, your stake is refunded.
- Each-Way
- A bet split between a win and a place portion, paying out if your selection wins or finishes in specified places.
- Edge
- A perceived advantage you believe you have over the bookmaker's odds, indicating a potentially profitable bet.
- First Goalscorer
- A bet predicting which player will score the first goal in a match.
- Fixed Odds
- Odds that are locked in at the time you place your bet and will not change regardless of later market movements.
- Handicap Betting
- A bet that gives one team a virtual goal advantage or deficit to equalize the perceived chances of winning.
- In-Play Betting
- Placing bets on a match while it is already in progress, with odds that update continuously as the game unfolds.
- Juice
- The commission or fee that a bookmaker builds into the odds, represented as a percentage that ensures their profit margin.
- Lay Bet
- Betting that an outcome will NOT happen, essentially acting as the bookmaker by accepting bets from other users.
- Live Betting
- Wagering on events in real time as they happen, with odds adjusting based on the current score and game situation.
- Margin
- The bookmaker's built-in advantage built into the odds, ensuring they profit over the long term regardless of outcomes.
- Match Betting
- A straightforward bet on which team will win a particular match, with three possible outcomes: home win, draw, or away win.
- Odds
- The numerical expression of the probability of an outcome, determining how much you can win relative to your stake.
- Odds Compiler
- The professional who sets and adjusts betting odds based on statistical analysis, team news, and market movements.
- Outright Bet
- A long-term bet on which team will win a tournament, league, or competition by the end of the season.
- Over/Under
- A bet predicting whether the total number of goals, points, or another metric will be higher or lower than a set figure.
- Parlay
- Another term for an accumulator—a single bet linking multiple selections that must all win for a payout.
- Stake
- The amount of money you wager on a particular bet.
- Void Bet
- A cancelled bet where all stakes are returned, typically occurring when a market is settled as no-action.
- Wagering Requirement
- The number of times you must bet bonus funds before withdrawing any winnings derived from them.