Knowledge Base
Glossary
Plain-English definitions for the terminology used across ဘောလုံးလမ်းညွှန်.
- Accumulator
- An accumulator is a single bet that links multiple selections, and all must win for a payout.
- Asian Handicap
- Asian Handicap gives a virtual advantage or disadvantage to a team to balance the match and remove the draw option.
- Bankroll
- Bankroll is the total amount of money you have set aside for betting.
- Bet Builder
- Bet Builder is a feature that lets you combine multiple markets from the same match into a single wager.
- Bet Slip
- Bet Slip is the virtual ticket that records your selected bets, stake, and potential payout before confirmation.
- Betting Exchange
- Betting Exchange is a platform where punters bet against each other, with the exchange acting as a middleman and offering odds instead of a traditional bookmaker.
- Bookmaker
- Bookmaker is a company or individual that sets odds and accepts bets from customers.
- BTTS
- BTTS means you are betting that both teams will score at least one goal during the match.
- Cash Out
- Cash Out lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Correct Score
- Correct Score is a bet that predicts the exact final score of a match.
- Double Chance
- Double Chance allows you to cover two of the three possible outcomes in a match in one bet.
- Favorite
- Favorite is the team or player considered most likely to win, reflected by lower odds.
- First Goal Scorer
- First Goal Scorer is a wager on which player will score the first goal in a match.
- Handicap
- Handicap gives one team a fictional deficit or advantage to equalize the chance of winning for betting purposes.
- Lay Bet
- Lay Bet is a wager that a specific outcome will not happen, essentially acting as the bookmaker when using a betting exchange.
- Live Betting
- Live Betting allows you to place bets on a match while it is in progress, with odds that update in real time.
- Margin
- Margin is the bookmaker’s built-in profit margin, expressed as a percentage, included in the odds.
- Odds
- Odds represent the likelihood of a specific outcome and determine how much you can win relative to your stake.
- Over/Under
- Over/Under is a bet on whether the total number of goals scored in a match will be above or below a set number.
- Payout
- Payout is the total amount you receive when a bet wins, including your original stake.
- Pre-Match
- Pre-Match refers to bets placed before a game starts, based on the scheduled start time.
- Spread Betting
- Spread Betting is a wager on whether a specific statistic, such as total goals, will be above or below a spread.
- Stake
- Stake is the amount of money you wager on a bet.
- Underdog
- Underdog is the team or player expected to lose, indicated by higher odds.
- Value Bet
- Value Bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome.