Knowledge Base
Glossary
Plain-English definitions for the terminology used across ကမ္ဘာ့ဖလားသတင်း.
- Accumulator
- An accumulator combines several selections into one bet, and you win only if all of them are correct.
- American Odds
- American odds use a plus sign to show how much you win on a $100 bet and a minus sign to indicate how much you must bet to win $100.
- Arbitrage
- Arbitrage is betting on all possible outcomes of an event across different bookmakers to guarantee a profit no matter who wins.
- Asian Handicap
- Asian handicap is a way to bet on a team with a goal‑line advantage or disadvantage that removes the draw as an option.
- Back
- To back a bet means to support an outcome you think will happen, putting your money on it.
- Bankroll
- Your bankroll is the total amount of money you have set aside for placing bets.
- Bet Builder
- Bet builder lets you create a custom bet by picking different outcomes from the same match, all on one slip.
- Cash Out
- Cash out lets you settle a bet early, either locking in a profit or cutting a loss before the event finishes.
- Decimal Odds
- Decimal odds show the total amount you receive for each unit you bet, including your stake.
- Edge
- Edge is the perceived statistical advantage you have over the bookmaker's odds in a particular bet.
- Fractional Odds
- Fractional odds display the profit you make relative to your stake, expressed as a fraction.
- In-Play Betting
- In‑play betting means you place a wager while the match is already in progress, with odds that change as the game unfolds.
- Juice
- Juice, also called vig, is the commission the sportsbook keeps on each bet, already built into the odds.
- KYC
- KYC is the process of confirming your identity, required by sportsbooks to prevent fraud and comply with regulations.
- Lay
- To lay a bet means to bet against an outcome, acting like a bookmaker by accepting stakes from other bettors.
- Margin
- Margin is the bookmaker's guaranteed profit that is included in the odds.
- Moneyline
- A moneyline bet is simply picking which team will win the match; the odds tell you how much you win for each dollar you stake.
- Over/Under
- An over/under bet predicts whether the combined score of a match will be higher or lower than a number set by the bookmaker.
- Parlay
- A parlay links multiple bets together; every selection must win for you to get a payout, and the odds multiply.
- Point Spread
- A point spread gives the underdog a fictional head‑start or the favorite a deficit to make both outcomes equally attractive to bettors.
- Responsible Gambling
- Responsible gambling refers to practices and tools that help you stay in control of your betting activities.
- Self-Exclusion
- Self‑exclusion lets you voluntarily block your own account for a set time to stop gambling.
- Steam
- Steam describes rapid odds movement caused by heavy betting action, often signaling where sharp money is flowing.
- Unit
- A unit is a standard bet size, usually a small percentage of your bankroll, used to manage risk.
- Value Bet
- A value bet occurs when you think the odds offered are higher than the true chance of the outcome, giving you an edge.