Knowledge Base
Glossary
Plain-English definitions for the terminology used across ဘောလုံးကစားနည်း.
- 1X2
- A three‑way market where you pick either the home win (1), a draw (X) or the away win (2).
- Accumulator
- A single bet that links multiple selections; all must win for the bet to pay out.
- Asian Handicap
- A point spread that gives one team a half‑goal advantage or disadvantage to level the matchup.
- Bankroll
- The total amount of money set aside for placing bets.
- Bet Builder
- A feature that lets you combine different markets from the same match into one wager.
- Betting Exchange
- A platform where bettors can back and lay against each other, acting as a market rather than a bookmaker.
- Bookmaker
- A company that sets odds and accepts bets on sporting events.
- Cash Out
- An option to settle a bet before the event ends, locking in a profit or cutting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes (e.g., home win or draw) in a single wager.
- Draw No Bet
- A market where you back either team to win; if the match ends in a draw, the bet is refunded.
- Expected Value
- The average amount you can expect to win or lose per bet based on the odds and probability.
- Fixed Odds
- Odds that are locked in at the time the bet is placed and do not change.
- Goal Line
- The total‑goals line set by the bookmaker, similar to Over/Under but often used for Asian markets.
- In-Play
- Bets placed while a match is already in progress, with odds that update live.
- Juice
- The commission or margin that a bookmaker adds to the odds, often called "vig".
- Lay
- To bet against a particular outcome, such as betting that a team will not win.
- Matched Betting
- A technique that uses free bets and lay bets to guarantee a profit regardless of the result.
- Odds
- The price that reflects the likelihood of an outcome and determines the payout.
- Over/Under
- A bet on whether the total number of goals scored in a match will be more or less than a set number.
- Parlay
- A bet that combines multiple selections, where each must win for the overall bet to win.
- Point Spread
- A handicap applied to a team to level the betting field, common in US sports betting.
- Risk-Free Bet
- A promotional offer that refunds the stake if the bet loses, usually as a free bet.
- Rollover
- The requirement to wager a bonus amount a certain number of times before it can be withdrawn.
- Stake
- The amount of money placed on a bet.
- Surebet
- A situation where odds across different bookmakers allow a bettor to back all outcomes and secure a profit.