Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပွဲစဉ်သုံးသပ်ချက်.
- 1X2
- A market where you bet on either the home team to win (1), a draw (X), or the away team to win (2).
- Asian Handicap
- A handicap that gives one team a virtual advantage or disadvantage, usually a half‑ or whole‑goal number, to make betting on either side more balanced.
- Bankroll Management
- The practice of setting aside a specific amount of money for betting and using rules to control how much you wager each time.
- Bet Builder
- A tool that lets you combine multiple outcomes from the same match into a single custom bet, often with adjusted odds.
- Bookmaker
- A company or person that sets odds and accepts bets on sporting events.
- BTTS
- Short for Both Teams To Score; a bet that both sides will find the net at least once during the match.
- Cash Out
- A feature that lets you settle a bet before the event ends, either locking in a profit or cutting a loss based on the current odds.
- Correct Score
- A bet that predicts the exact final score of a match.
- Decimal Odds
- A way of expressing odds as a single number (e.g., 2.50) that includes the stake; the payout equals the stake multiplied by this number.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, loss) in a match, giving you a higher chance of winning.
- First Goal Scorer
- A bet on which player will score the first goal in a match.
- Half‑Time/Full‑Time
- A bet that asks you to predict both the result at half‑time and the final result of the match.
- Hedging
- Placing a bet on the opposite outcome of an existing bet to reduce risk or guarantee a profit regardless of the final result.
- Juice
- The commission or fee that a bookmaker adds to the odds, usually reflected as a small percentage that ensures a profit regardless of the outcome.
- Kelly Criterion
- A mathematical formula that calculates the optimal fraction of your bankroll to bet when you have an advantage, aiming to maximize long‑term growth.
- KYC
- Know Your Customer; the process of verifying a bettor’s identity to prevent fraud, money laundering, and under‑age gambling.
- Live Betting
- Betting on a match while it is in progress, with odds that update in real time as the game unfolds.
- Odds
- The numerical price that indicates how much you can win relative to your stake; higher odds mean a larger potential payout.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be higher or lower than a number set by the bookmaker.
- Parlay
- A single bet that links two or more selections; every selection must win for the bet to pay, and the winnings roll over into the next selection.
- Payout
- The total amount you receive when a bet wins, including the original stake plus any profit.
- Self‑Exclusion
- A facility that allows you to voluntarily block your own account for a set period, preventing access to betting services.
- Spread Betting
- A bet where the payout depends on how close your prediction is to a number set by the bookmaker, rather than just win/loss.
- Stake
- The amount of money you risk on a bet.
- Value Bet
- A bet where the odds offered by the bookmaker appear higher than the actual likelihood of the outcome, giving you a chance to profit.