Knowledge Base
Glossary
Plain-English definitions for the terminology used across ဘောလုံးကစားနည်း.
- Arbitrage
- Exploiting differences in odds across bookmakers to guarantee a profit by betting all possible outcomes.
- Asian Handicap
- Point spread that gives a weaker team a head start, eliminating the draw option and balancing odds.
- Bankroll Management
- Practice of setting and sticking to limits on how much money you allocate for betting.
- Bet Builder
- Tool that lets users combine multiple markets from the same match into a single custom wager.
- Bookmaker Margin
- Percentage added to the true probabilities of all outcomes so the bookmaker ensures a profit regardless of result.
- Both Teams To Score (BTTS)
- Wager on whether each side will score at least one goal during the match.
- Cash Out
- Feature allowing a bettor to settle a bet before the event ends, locking in a profit or limiting a loss.
- Cashback
- Bonus that returns a percentage of net losses over a set period.
- Correct Score
- Bet predicting the exact final score of a match.
- Double Chance
- Bet covering two of the three possible outcomes (win/draw/win) in a single match.
- Free Bet
- Token or bonus credit provided by a bookmaker that can be used to place a bet without risking own funds.
- Implied Probability
- Converted percentage from odds that shows the bookmaker’s assessment of an event’s chance.
- In-Play
- Bets placed after a match has started, with odds updating in real time as the game progresses.
- Kelly Criterion
- Mathematical formula that calculates the optimal fraction of your bankroll to wager for maximum long‑term growth.
- KYC
- “Know Your Customer” process where the bookmaker verifies a player’s identity and age to meet legal and security standards.
- Moneyline
- Bet on which team will win a match outright, with odds expressed as positive or negative numbers.
- Odds
- Numerical representation of the likelihood of an outcome, indicating how much a winning bet returns per unit staked.
- Over/Under
- Bet on whether the total number of goals (or other stats) in a match will be more or less than a line set by the bookmaker.
- Parlay
- Single bet linking two or more selections; all must win for the bet to pay out, increasing potential payout.
- Provably Fair
- System using cryptographic algorithms that lets players verify each bet’s outcome is fair.
- RTP
- Percentage of total wagered money a game returns to players over time; higher RTP means better odds for the player.
- Single Bet
- A wager placed on one selection only, with returns based solely on that outcome.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, offering positive expected value.
- Volatility
- Measure of how often and how much a game pays out; high volatility means larger but less frequent wins.
- Wagering Requirement
- Number of times bonus funds must be bet before winnings can be withdrawn.