Knowledge Base
Glossary
Plain-English definitions for the terminology used across ဘောလုံးလမ်းညွှန်.
- American Odds
- Odds shown as a positive or negative number; positive indicates profit on a $100 bet, negative shows how much you must wager to win $100.
- Arbitrage Betting
- Placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A handicap bet that eliminates the draw outcome by giving one team a half‑goal or whole‑goal advantage, making odds closer to even.
- Bankroll Management
- The strategy of setting aside a specific amount of money for betting and deciding how much to wager on each bet.
- BTTS (Both Teams To Score)
- A bet on whether both teams will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or cutting a loss based on current odds.
- Cashback
- A promotion that returns a percentage of your losses over a set period, credited as bonus funds or cash.
- Decimal Odds
- Odds expressed as a decimal number, where the total payout equals the stake multiplied by the decimal.
- Draw No Bet
- A bet that returns your stake if the match ends in a draw, otherwise you win if your chosen team wins.
- Fractional Odds
- Odds displayed as a fraction, showing the profit you earn relative to your stake (e.g., 5/1 means $5 profit per $1).
- Free Bet
- A promotional token provided by a sportsbook that allows you to place a bet without using your own money, with winnings usually returned minus the stake.
- In‑Play Betting
- Placing bets on a match while it is ongoing, with odds that update as the game progresses.
- Juice (Vig)
- The commission or fee a bookmaker adds to the odds, typically reflected in the spread or total line, ensuring the book’s profit.
- Matched Betting
- Using free bets and promotions to back and lay outcomes, eliminating risk and securing a guaranteed profit.
- Moneyline
- A bet on which team will win the match, with odds shown as a positive or negative number indicating the payout.
- No Deposit Bonus
- A bonus credited to your account just for signing up, letting you bet with real money without making a deposit.
- Over/Under
- A bet on whether the total number of goals in a match will be higher or lower than a number set by the bookmaker.
- Parlay
- A multi‑selection bet where all selections must win for a payout, combining odds for a larger potential win.
- Single Bet
- A bet on a single outcome, where a win results from that one selection being correct.
- Spread
- A point spread bet where you wager on a team to win by more than a set margin or lose by less than the margin.
- Stake
- The amount of money you risk on a bet.
- System Bet
- A bet that combines multiple selections into smaller multiple bets, allowing a win even if some selections lose.
- Unit
- A standardized bet size, often a small percentage of your total bankroll, used to manage risk.
- Value Bet
- A bet where the odds offered by the bookmaker are higher than the true probability of the outcome, giving an expected advantage.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings derived from that bonus.