Knowledge Base
Glossary
Plain-English definitions for the terminology used across ဘောလုံးလမ်းညွှန်.
- Accumulator
- A single bet that links multiple selections; all must win for the bet to pay out, increasing potential returns.
- American Odds
- Odds expressed as a positive or negative number; positive shows profit on a $100 bet, negative shows amount needed to win $100.
- Arbitrage
- The practice of placing bets on all possible outcomes of an event across different betting sites to guarantee a profit regardless of the result.
- Asian Handicap
- A betting line that gives one team a virtual advantage or disadvantage, resulting in only two possible outcomes.
- Bankroll Management
- The strategy of allocating and controlling the amount of money set aside for betting to minimize risk and avoid chasing losses.
- Both Teams To Score (BTTS)
- A market where you wager on whether both teams will score at least one goal during the match.
- Cash Out
- A feature allowing you to settle a bet before the event ends, either locking in a profit or limiting a loss.
- Cashback
- A refund of a percentage of net losses over a set period, credited as bonus funds or real cash.
- Decimal Odds
- A way of expressing odds as a single decimal number that includes the stake; the total return equals the odds multiplied by the stake.
- Double Chance
- A bet that covers two of the three possible outcomes of a match (win/draw, win/lose, draw/lose) in a single wager.
- Draw No Bet
- A market that removes the draw option, refunding your stake if the match ends in a draw.
- Fractional Odds
- Traditional odds displayed as a fraction, showing the profit relative to the stake (e.g., 5/1 means $5 profit per $1 wagered).
- Free Bet
- A promotional token that lets you place a bet without using your own money, with any winnings usually paid out excluding the free bet stake.
- In-Play Betting
- Placing bets on a match after it has started, with odds that update in real time as the game progresses.
- Know Your Customer (KYC)
- The process of verifying a player's identity and age to comply with legal regulations and ensure responsible gambling.
- No Deposit Bonus
- A reward credited to your account just for signing up, allowing you to try bets without making a deposit.
- Over/Under
- A bet on whether the total number of goals scored in a match will be more or less than a specified number set by the betting site.
- Parlay
- A bet that combines two or more individual wagers, with all selections required to win for a payout.
- Provably Fair
- A system that uses math to let players check that each bet outcome is random and fair.
- Responsible Gambling
- Practices and tools designed to help players stay in control of their betting habits and seek help if needed.
- Return to Player (RTP)
- The theoretical percentage of total wagers that a game will pay back to players over time, usually expressed as a figure like 96%.
- Self-Exclusion
- A tool that lets you temporarily or permanently block access to your betting account to help prevent problem gambling.
- Spread
- The range of possible outcomes set by a betting site for a specific market, often used in Asian Handicap and totals.
- Value Bet
- A wager where the perceived probability of an outcome is higher than the betting site's implied probability, offering a positive expected value.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings derived from that bonus.