Knowledge Base
Glossary
Plain-English definitions for the terminology used across ကမ္ဘာ့ဖလားသတင်း.
- Accumulator
- An accumulator is a single bet that links two or more selections, and it pays out only if every selection wins.
- Asian Handicap
- Asian Handicap gives a virtual advantage or disadvantage to a team to remove the draw option and make both outcomes equally attractive.
- Bankroll
- Bankroll is the total amount of money you have set aside for placing bets.
- Bet Builder
- Bet Builder is a tool that lets you combine different markets from the same match into one custom wager.
- Bet Slip
- Bet Slip is a digital record that shows the selections you have made, the odds, and the amount you wish to stake.
- Cash Out
- Cash Out allows you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Correct Score
- Correct Score is a bet that predicts the exact final score of a match.
- Double Chance
- Double Chance covers two of the three possible outcomes in a match, increasing your chance of winning.
- Draw No Bet
- Draw No Bet refunds your stake if the match ends in a draw, and pays out if your chosen team wins.
- Even Money
- Even Money means the odds are set so that a winning bet will double your stake, returning the same amount as the stake.
- Favorite
- Favorite refers to the team or player expected to win, shown by lower odds.
- First Goalscorer
- First Goalscorer is a bet on which player will score the opening goal of the match.
- Handicapping
- Handicapping is the process of assigning a disadvantage or advantage to a team to make the betting more balanced.
- In-Play
- In-Play refers to bets placed after the match has started, with odds that change as the game unfolds.
- KYC
- KYC is the process of verifying a bettor’s identity and personal details to comply with legal and regulatory requirements.
- Lay
- Lay means to bet against an outcome, essentially acting as the bookmaker on a betting exchange.
- Margin
- Margin is the bookmaker’s built-in profit margin, represented as a percentage that ensures they make money regardless of the result.
- Odds
- Odds represent the likelihood of an outcome and determine how much you can win relative to your stake.
- Over/Under
- Over/Under is a bet on whether a specific statistic, like total goals, will be above or below a set number.
- Parlay
- Parlay is a bet that combines multiple selections into one, and all selections must win for the bet to pay out.
- Payout
- Payout is the total amount you receive when a bet wins, including your original stake plus any profit.
- Stake
- Stake is the amount of money you risk on a bet.
- Underdog
- Underdog is the team or player considered less likely to win, offering higher odds.
- Value Bet
- Value Bet is a wager where the odds offered are higher than the true probability suggests, giving you a potential edge.