Knowledge Base
Glossary
Plain-English definitions for the terminology used across နည်းပြရှုထောင့်.
- Accumulator
- An accumulator links several selections; all must be correct to win, and any winnings roll over from one selection to the next.
- Arbitrage
- Arbitrage, or arbing, exploits differences in odds across bookmakers to guarantee a profit by placing opposing bets on the same event.
- Asian Handicap
- Asian handicap splits the spread into two half-goal lines, eliminating the draw and offering more nuanced betting options.
- Bankroll Management
- Bankroll management means setting a budget for betting and sticking to it, so you don't risk money you can't afford to lose.
- Bonus
- A bonus is an extra amount of funds or free bets offered by a betting site, often tied to deposit or promotional deals.
- Bookmaker
- A bookmaker is a company that sets odds and accepts bets, also known as a sportsbook or betting site.
- Cash Out
- Cash out allows you to settle a bet before the event ends, locking in a profit or cutting a loss based on current odds.
- Dead Heat
- A dead heat is a tie in a market where the odds are split, so your stake is multiplied by half the odds for payout.
- Fade
- To fade a selection means to bet against it, hoping the public favorite loses and the odds swing in your favor.
- Free Bet
- A free bet is a token you can use to place a wager without risking your own money, with any winnings usually returned minus the free bet stake.
- In-Play Betting
- In-Play Betting lets you place bets on a match while it is happening, with odds that update as the game unfolds.
- Juice
- Juice is the commission a bookmaker charges on a bet, often reflected in the odds as a small percentage added to the true probability.
- Line Movement
- Line movement describes how odds or spreads shift over time due to betting action, injuries, weather, or other factors.
- Moneyline
- A moneyline is a straight bet on which team or player will win a match, with odds expressed as a positive or negative number.
- Over/Under
- Over/Under bets predict whether the total score in a match will be higher or lower than a line set by the bookmaker.
- Parlay
- A parlay combines multiple selections into one bet, and all selections must win for the bet to pay out.
- Payout
- A payout is the total amount you receive when a bet wins, including your original stake and profit.
- Push
- A push happens when a bet lands exactly on the spread or total, resulting in the stake being returned with no win or loss.
- RTP
- Return to Player (RTP) is the percentage of total bets a game pays back to players over time, indicating expected earnings.
- Spread
- A spread assigns a handicap to a team to level the playing field, requiring the favorite to win by a certain margin.
- Stake
- The stake is the amount of money you risk on a bet; winning returns are calculated as stake multiplied by the odds.
- Steam
- Steam refers to rapid, heavy betting on a particular outcome that causes odds to move quickly across many sportsbooks.
- Value Bet
- A value bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome, giving the bettor an edge.
- Vig
- Vig is short for vigorish, another term for the bookmaker's built-in commission that ensures the house makes a profit.
- Wagering Requirement
- A wagering requirement sets how many times you must bet a bonus amount before you can withdraw any winnings from it.