Knowledge Base
Glossary
Plain-English definitions for the terminology used across ကမ္ဘာ့ဖလားသတင်း.
- Accumulator
- A single bet that links two or more selections; all must win for the bet to pay out.
- Arbitrage
- Placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A handicap applied to a team to level the match, giving a +/- goal advantage that adjusts the odds.
- Banker Bet
- A highly confident selection added to an accumulator to improve the odds, often considered a sure win.
- Bet Builder
- A feature that lets you combine multiple selections from the same match into a single wager.
- Bet Credit
- Funds added to your account as a bonus that can be used to bet, often subject to rollover requirements.
- Bet Slip
- The electronic record that lists your chosen selections, odds, and stake before you confirm the wager.
- Bonus Rollover
- The number of times you must bet a bonus amount before you can withdraw any winnings derived from it.
- Cash Out
- The option to settle a bet early for a reduced payout, locking in profit or limiting loss.
- Double Chance
- A bet that covers two of the three possible outcomes of a match (e.g., home win or draw), reducing risk.
- Free Bet
- A promotional token that lets you place a bet without using your own money; any winnings are usually paid as cash.
- In-Play Betting
- Placing a bet after the match has started, with odds that update as the game progresses.
- KYC
- Know Your Customer – the process of verifying your identity to prevent fraud and comply with regulations.
- Margin
- The bookmaker’s built-in profit margin, expressed as a percentage, which is included in the odds.
- Maximum Payout
- The highest total amount the sportsbook will pay out on a winning bet, regardless of the odds.
- Odds
- The price that reflects the likelihood of an outcome, determining your potential payout.
- Odds Boost
- A promotional increase of odds on a selected market, offering higher potential returns than normal.
- Over/Under
- A bet on whether the total number of goals in a match will be more (over) or less (under) than a set line.
- Push
- When a bet ends in a tie and the stake is refunded, typically occurring in point spread bets.
- Responsible Gambling
- Practices and policies aimed at preventing gambling-related harm and promoting safe betting behavior.
- Self-Exclusion
- A tool that lets you temporarily or permanently block your own account from betting.
- Stake
- The amount of money you wager on a bet.
- Stake Limit
- The maximum amount you are allowed to wager on a particular market or in a given time period.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, offering a positive expected return.
- Void Bet
- A bet that is cancelled and the stake is returned, usually due to a match being postponed or a rule breach.