Knowledge Base
Glossary
Plain-English definitions for the terminology used across ဘောလုံးကစားနည်း.
- Accumulator
- a single bet that links multiple selections; all must win for the bet to pay out.
- Age Verification
- the process of confirming a bettor is legally old enough to gamble, required by regulation.
- Asian Handicap
- a point-spread bet where the weaker team gets a fractional goal advantage or disadvantage to eliminate draws.
- Back Bet
- a conventional bet that an outcome WILL occur, placed against the exchange or bookmaker.
- Bankroll
- the total amount of money set aside for betting, separate from personal finances.
- Betting Exchange
- a platform where punters bet against each other, with the exchange taking a commission on winnings.
- BTTS
- a wager that each side will score at least one goal during the match.
- Cash Out
- a feature allowing the bettor to settle a bet before the event concludes, locking in a profit or loss.
- Correct Score
- a bet predicting the exact final score of a match.
- Decimal Odds
- a number that represents the total payout per unit staked, including the original stake.
- Double Chance
- a bet covering two of the three possible outcomes (win/draw, draw/win, etc.) in a match.
- Fractional Odds
- a fraction that shows the profit relative to the stake (e.g., 5/1 means 5 units profit for each 1 unit bet).
- Hedging
- placing additional bets on opposite outcomes to reduce risk or guarantee a profit.
- In-Play Betting
- placing bets after the match has started, with odds that update in real time.
- KYC
- a compliance procedure where the bookmaker checks a user’s identity and financial information.
- Lay Bet
- a bet that an outcome will NOT occur, typically used on a betting exchange.
- Moneyline
- a straightforward bet on which team will win the match, with odds reflecting the implied probability.
- Over/Under
- a bet on whether the total number of goals in a match will be over or under a set line.
- Overround
- the total implied probability of all outcomes in a market exceeding 100%, representing the book’s margin.
- Responsible Gambling
- a set of practices and tools (e.g., deposit limits, reality checks) aimed at preventing problem gambling.
- Self-Exclusion
- a voluntary option for players to block their own accounts for a set period to prevent gambling harm.
- Stake
- the amount of money wagered on a single bet.
- Unit
- a standardized bet size used to manage risk, often a small percentage of the bankroll.
- Value Bet
- a selection where the perceived probability of an outcome is higher than the odds offered, indicating a positive expected value.
- Vigorish
- the commission a bookmaker charges on a bet, built into the odds to ensure a profit.