Knowledge Base
Glossary
Plain-English definitions for the terminology used across နည်းပြရှုထောင့်.
- Asian Handicap
- An Asian handicap is a line that gives one team a fractional or whole goal advantage or disadvantage, eliminating the draw as a possible result.
- Bankroll
- Your bankroll is the total amount of money you set aside for betting.
- Bet Builder
- A bet builder is an online feature that lets you combine different markets from the same match into one custom wager.
- Cash Out
- Cash out lets you settle a bet before the event ends, locking in a profit or loss based on current odds.
- Correct Score
- A correct score bet is a wager that predicts the exact final score of a match.
- Double Chance
- A double chance bet covers two of the three possible match outcomes, such as home win or draw.
- Draw No Bet
- A draw no bet returns your stake if the match ends in a draw, and you win if your selected team wins.
- Edge
- Edge refers to the perceived advantage a bettor believes they have over the bookmaker’s odds on a particular outcome.
- Fixed Odds
- Fixed odds are the odds locked in at the time you place a bet, staying the same even if the line later changes.
- Handicapping
- Handicapping is the process of analyzing team form, statistics, and other factors to estimate a match’s likely outcome.
- In-Play Betting
- In-play betting is placing bets on a match after it has started, with odds that update in real time.
- Juice (Vig)
- Juice, also called vig, is the commission a bookmaker builds into the odds to ensure a profit on every market.
- Lay Bet
- A lay bet is a wager against a specific outcome, where you act as the bookmaker and accept bets from other players.
- Line Movement
- Line movement describes how betting odds or spreads change over time due to betting volume, injuries, or news.
- Margin
- Margin is the bookmaker’s built-in profit, reflected in odds that are slightly lower than the true probability.
- Matched Betting
- Matched betting uses free bets and promotions to cover all possible outcomes and lock in a guaranteed profit.
- Odds Comparison
- Odds comparison is the practice of checking odds across different bookmakers to find the best price for a bet.
- Over/Under
- An over/under bet is a wager on whether a specific statistic, such as total goals, will be higher or lower than a set line.
- Parlay
- A parlay is a single bet that combines two or more selections, and all of them must win for the bet to pay out.
- Price Boost
- A price boost is a promotional offer that increases the odds on a selected market for a limited period.
- Prop Bet
- A prop bet is a wager on a specific event within a match, like the first goal scorer, that does not affect the final result.
- Punter
- A punter is a person who places bets on sporting events.
- Stake
- Your stake is the amount of money you risk on a single bet.
- Value Bet
- A value bet is a wager where the odds appear higher than the true probability of the outcome, giving an expected advantage.