Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပွဲစဉ်သုံးသပ်ချက်.
- Asian Handicap
- A spread that gives one team a fractional advantage or disadvantage to level the playing field, eliminating the draw option.
- Bankroll
- The total amount of money set aside for placing bets; managing it responsibly helps avoid large losses.
- Bet Builder
- A feature that lets you combine multiple outcomes from a single match into one custom wager.
- Cash Out
- The option to settle a bet before the event ends, locking in a profit or limiting a loss based on current odds.
- Correct Score
- A bet on the exact final score of a match; it offers high odds but is harder to win.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, lose) in a match, increasing your chance of winning.
- Draw No Bet
- A wager where you pick a team to win; if the match ends in a draw, the stake is refunded.
- Edge
- The statistical advantage a bettor believes they have over the bookmaker’s odds; spotting edge helps find value.
- Evens
- Odds expressed as 1/1 in fractional form, meaning you win the same amount as your stake if the bet wins.
- Fractional Odds
- A way of displaying odds as a fraction; the numerator shows profit, the denominator shows the stake.
- Goal Line
- A set number of total goals that the match is expected to exceed or stay under; similar to over/under.
- Half-Time/Full-Time
- A bet that requires you to predict both the result at half‑time and the final result of the match.
- In‑Play
- Bets placed after the match has started while the odds update in real time according to the game’s progress.
- Juice
- The commission or fee that the bookmaker adds to the odds, also called vigorish or vig.
- Kelly Criterion
- A mathematical formula that suggests the optimal fraction of your bankroll to wager based on the perceived edge.
- Lay
- To bet against an outcome, acting as the bookmaker; you profit if the selected outcome does not happen.
- Moneyline
- A straight bet on which team will win the match, with odds adjusted for each side’s likelihood.
- Odds Boost
- A promotion where the bookmaker increases the odds on a specific selection, giving you a higher potential payout.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be above or below a specified line.
- Parlay
- A single bet that combines two or more selections; all must win for a payout, increasing potential reward.
- Point Spread
- A handicap applied to the favored team to create balanced odds for both sides of the bet.
- Price
- The odds at which a bet is offered; a better price means higher potential profit for the same risk.
- Push
- A tie result in a bet where the stake is returned, often occurring when the line matches the exact outcome.
- Stake
- The amount of money you risk on a single bet; it determines both potential profit and potential loss.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, giving a long‑term edge.