Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပရိသတ်လမ်းညွှန်.
- Accumulator
- Accumulator is a type of parlay where the winnings from each successful pick roll over to the next.
- Arbitrage
- Arbitrage is exploiting differences in odds across bookmakers to guarantee a profit regardless of the outcome.
- Asian Handicap
- Asian Handicap splits the point spread into half‑goal increments to eliminate the draw option and reduce risk.
- Bankroll
- Bankroll is the total amount of money set aside for placing bets.
- Bet builder
- Bet builder is a feature that lets you combine multiple markets from the same match into a single custom bet.
- Bookmaker margin
- Bookmaker margin is the built-in profit percentage a bookie includes in the odds, ensuring they make money regardless of result.
- Cashout
- Cashout allows you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Correct score
- Correct score requires predicting the exact final score of a match.
- Decimal odds
- Decimal odds show the total amount returned per unit staked, including the original stake.
- Double chance
- Double chance lets you cover two of the three possible match results (home win, draw, away win) in one bet.
- Edge
- Edge is the statistical advantage a bettor believes they have over the bookmaker’s odds.
- Fractional odds
- Fractional odds indicate the profit relative to the stake, displayed as a fraction.
- Half-time bet
- Half-time bet is a wager placed on the outcome of only the first half of a match.
- In-play betting
- In-play betting lets you place bets on a match while it is ongoing, with odds that update in real time.
- Kelly criterion
- Kelly criterion is a formula that calculates the optimal fraction of your bankroll to wager for long‑term growth.
- Moneyline
- Moneyline betting picks the outright winner of a match without any point spread.
- Odds
- Odds express the likelihood of a specific outcome and determine how much a winning bet pays out.
- Over/Under
- Over/Under bets predict whether the total goals scored in a match will be above or below a set number.
- Parlay
- Parlay combines multiple selections into a single wager, with all picks needing to win for a payout.
- Point spread
- Point spread assigns a handicap to the favored team to level the betting field.
- Pre-match betting
- Pre-match betting refers to placing bets on a match before it starts.
- Single bet
- Single bet is a straightforward wager on one outcome, with profit based on the odds.
- Stake
- Stake is the amount of money wagered on a bet.
- Steam
- Steam describes rapid, significant line movement caused by heavy betting action on one side.
- Value bet
- Value bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome.