Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပွဲစဉ်သုံးသပ်ချက်.
- Asian Handicap
- A type of spread betting that removes the draw option and uses half‑goal or quarter‑goal lines to create a binary outcome.
- Bankroll
- The total amount of money you have set aside for betting.
- Bankroll Management
- The practice of setting spending limits and bet sizes to protect your funds and extend your betting activity.
- Bet Builder
- A feature that lets you combine multiple markets from a single match into one custom bet with combined odds.
- Bet Slip
- The digital ticket where you choose your selections, enter your stake, and confirm a wager.
- Cash Out
- The option to settle a bet before the event ends, offering a reduced payout based on current odds.
- Double Chance
- A bet that covers two of the three possible outcomes in a match (e.g., home win or draw), reducing risk.
- Expected Value (EV)
- The average amount you can expect to win or lose per bet if the same situation repeats many times.
- Flat Betting
- Placing the same amount on every wager regardless of confidence or odds.
- Free Bet
- A wager provided by a sportsbook at no cost, usually with conditions such as a minimum odds requirement.
- Implied Probability
- The chance of an outcome calculated from the odds, showing how likely the sportsbook thinks an event is.
- Juice (Vig)
- The commission a sportsbook includes in the odds, representing the book’s profit on each bet.
- Kelly Criterion
- A mathematical formula that calculates the optimal fraction of your bankroll to wager based on your perceived edge.
- Live Betting
- Placing bets on a match while it is in progress, with odds that update in real time.
- Moneyline
- A bet on which team will win a match, with odds displayed as a positive or negative number.
- Odds
- The number that shows how much you can win from a bet and how likely an outcome is expected to happen.
- Odds Boost
- A promotional increase of odds on a specific selection, giving you a higher potential return.
- Over/Under
- A bet on whether the total number of goals, points, or other stats in a match will be higher or lower than a set line.
- Parlay
- A single bet that combines two or more selections; all must win for the bet to pay out, offering higher odds.
- Point Spread
- A handicap given to the favorite team to level the playing field, expressed as a number of goals or points.
- Self‑Exclusion
- A voluntary ban you can place on your account to stop gambling for a set period, helping you take control.
- Stake
- The amount of money you risk on a bet.
- Unit
- A standard size for a bet, usually a fixed percentage of your bankroll, used to manage risk.
- Wagering Requirement
- The total amount you must bet before bonus funds can be withdrawn, often expressed as a multiple of the bonus.