Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပန်းသွင်းမှု.
- Arbitrage Betting
- Placing bets on all possible outcomes of an event across different sportsbooks to guarantee a profit regardless of the result.
- Asian Handicap
- A handicap system that eliminates the draw option and gives a fraction or whole goal advantage to the underdog.
- Bankroll Management
- The practice of deciding how much money to risk on each bet to avoid losing your entire budget quickly.
- Bet Builder
- A feature that allows you to combine multiple outcomes from the same match into a single customized bet.
- Bet Slip
- The digital record that lists your selected wagers, odds, and potential payout before you confirm the bet.
- Cash Out
- A feature that lets you 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, offering high odds due to the difficulty of predicting the precise outcome.
- Double Chance
- A bet that covers two of the three possible match outcomes (e.g., home win or draw), reducing risk but offering lower odds.
- Draw No Bet
- A wager that eliminates the draw outcome; you win if your chosen team wins, and get your stake back if the match ends in a draw.
- First Goal Scorer
- A prop bet predicting which player will score the first goal in a match.
- Futures Bet
- A wager placed on an event that will be decided in the future, such as which team will win the World Cup.
- Handicapping
- The process of analyzing teams, players, and statistics to predict outcomes and find profitable betting opportunities.
- Hedge Betting
- Placing a bet on the opposite outcome of an earlier bet to secure a profit or minimize a loss.
- In-Play Betting
- Placing a bet after the match has started, with odds that update as the game progresses.
- Kelly Criterion
- A mathematical formula used to determine the optimal size of a bet based on your edge and the odds.
- Moneyline
- A bet on which team will win a match, with odds expressed as a positive or negative number indicating the payout.
- Odds Boost
- A promotion that increases the odds on a specific bet, offering a higher potential payout than normal.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher or lower than a number set by the sportsbook.
- Parlay
- A single bet that combines two or more selections; all must win for the parlay to pay out, offering higher odds than separate bets.
- Point Spread
- A handicap given to the favorite team to level the playing field, requiring them to win by a certain margin for the bet to win.
- Prop Bet
- A side bet on a specific occurrence within a match, like which player scores first or how many yellow cards are given.
- Stake
- The amount of money you place on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving the bettor a potential edge.
- Vig (Juice)
- The commission charged by the sportsbook on a bet, built into the odds so the book makes a profit regardless of the outcome.