Knowledge Base
Glossary
Plain-English definitions for the terminology used across အသင်းခွဲခြမ်းစိတ်ဖြာ.
- Accumulator
- A single bet that links two or more individual selections; all must win for the accumulator to pay out, multiplying the odds.
- Arbitrage
- Placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A handicap given to a team to level the match, expressed in whole or half goals, eliminating the draw option.
- Bankroll
- The total amount of money set aside for betting, separate from everyday finances.
- Bet Builder
- An online tool that lets you combine multiple markets from the same event into one customized wager.
- Bonus Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings derived from it.
- Both Teams to Score
- A bet on whether each side will find the net at least once in the match, yes or no.
- Cash Out
- A feature allowing you to settle a bet before the event ends, either securing a profit or limiting a loss.
- Correct Score
- A bet predicting the exact final score of a match, such as 2‑1.
- Double Chance
- A bet covering two of the three possible outcomes (win, draw, win) in a match, lowering the risk.
- Draw No Bet
- A market where you pick a team to win; if the match ends in a draw, the stake is refunded.
- Dutching
- Distributing your stake across several selections in the same event so that you profit if any of them wins.
- First Goal Scorer
- A wager on which player will score the first goal during a match.
- Half-Time/Full-Time
- A market where you predict both the result at halftime and the final result of the match.
- House Edge
- The built‑in advantage a bookmaker or casino holds, expressed as a percentage of each bet.
- In-Play
- Betting on a match while it is already in progress, with odds that update as the game unfolds.
- Kelly Criterion
- A mathematical formula that calculates the optimal size of a bet based on your edge and the odds.
- KYC
- Know Your Customer, the process of verifying a player's identity and age to comply with legal and security regulations.
- Matched Betting
- Using free bets and promotions to create a risk‑free profit by covering all outcomes with opposing wagers.
- Odds
- The numerical expression of the likelihood of an outcome, indicating the potential payout relative to the stake.
- Responsible Gambling
- Practices and tools—such as deposit limits and self‑exclusion—designed to keep betting safe and prevent addiction.
- RTP
- Return to Player, the percentage of total wagered money that a casino‑style game returns to players over time.
- Stake
- The amount of money you place on a bet.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, giving an expected profit.