Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပရိသတ်လမ်းညွှန်.
- Accumulator
- An accumulator combines multiple selections into a single wager that pays out only if all selections win.
- Asian Handicap
- Asian Handicap assigns a positive or negative goal advantage to a team to level the playing field for betting.
- Bankroll
- Bankroll is the total amount of money set aside for placing bets.
- Betting Exchange
- A betting exchange is a platform where bettors can back and lay outcomes against each other, acting as a marketplace.
- Bookmaker
- A bookmaker is a company that sets odds and accepts bets on sporting events.
- Cash Out
- Cash Out lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Decimal Odds
- Decimal odds show the total amount returned per unit wagered, including the original stake.
- Dutching
- Dutching distributes your stake across multiple outcomes to guarantee a profit regardless of which one wins.
- Fractional Odds
- Fractional odds indicate the profit you stand to make from a bet expressed as a fraction of the stake.
- Free Bet
- A free bet is a promotional credit you can use to wager without risking your own money.
- Hedging
- Hedging places an opposite bet to an existing wager to reduce potential loss or secure a profit.
- KYC
- KYC, or Know Your Customer, is the process of verifying a player's identity to prevent fraud and ensure legal compliance.
- Lay Bet
- A lay bet is a wager that a specific outcome will not happen, essentially acting as a bookmaker.
- Live Betting
- Live betting allows you to place bets on a match while it is still in progress, with odds that update during the game.
- Margin
- Margin is the percentage of all bets that a bookmaker retains as profit, built into the odds.
- Moneyline Odds
- Moneyline odds show how much you must wager or how much you can win on a favored or underdog outcome.
- Odds
- Odds represent the likelihood of a specific outcome and indicate how much you can win relative to your stake.
- Over/Under
- Over/Under bets predict whether the total number of points, goals, or other metrics will be above or below a set line.
- Parlay
- A parlay links two or more bets together so that the payout of each depends on the others winning.
- Responsible Gambling
- Responsible gambling refers to practices and tools that help players control their betting activity safely.
- Single Bet
- A single bet is a straightforward wager on one outcome with a win determined solely by that event.
- Stake
- The stake is the amount of money you risk on a particular bet.
- Value Bet
- A value bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome.
- Vigorish
- Vigorish, also called juice, is the commission a bookmaker charges for taking a bet.
- Wagering Requirement
- A wagering requirement states how many times you must bet a bonus before you can withdraw any winnings.