Knowledge Base
Glossary
Plain-English definitions for the terminology used across ကမ္ဘာ့ဖလားသတင်း.
- Arbitrage
- Exploiting differing odds across bookmakers to place bets on all possible outcomes and guarantee a risk‑free profit.
- Asian Handicap
- A handicap betting system that eliminates the draw outcome and offers half‑goal lines to reduce risk.
- Banker
- A highly confident selection within a multiple bet, used to increase the overall odds.
- Bet Builder
- A tool that lets you combine multiple markets from a single match into one customized wager.
- Both Teams to Score (BTTS)
- A market where you bet on whether both sides will score at least one goal during the match.
- Cash out
- A feature allowing a bettor to settle a bet before the event ends, locking in a profit or minimizing loss.
- Draw no bet
- A market where the stake is refunded if the match ends in a draw, essentially removing the draw outcome.
- Dutching
- Distributing a total stake across several outcomes in the same event to guarantee a profit regardless of the result.
- Enhanced Odds
- Promotional odds that are higher than the standard market, offered to attract new customers.
- Expected Value (EV)
- The average amount a bettor can expect to win or lose per wager if the same odds are repeated many times.
- Free Bet
- A promotional token that can be used to place a bet without risking the bettor's own money, winnings usually returned without the stake.
- Hedge
- Placing a bet on the opposite outcome to an existing bet to secure a profit or reduce risk.
- In-play betting
- Placing bets on events while a match is ongoing, with odds that update in real time.
- Juice
- The commission or vigorish that a bookmaker charges, built into the odds, typically around 5% on each side.
- Kelly Criterion
- A mathematical formula that calculates the optimal size of a bet to maximize long‑term growth of the bankroll.
- Moneyline
- A straightforward bet on which team will win a match, with odds reflecting the outright winner.
- Odds
- The numerical expression of the likelihood of an outcome, determining how much a winning bet pays.
- Over/Under
- A bet on whether a specific match statistic (usually total goals) will be over or under a line set by the bookmaker.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay, increasing potential payout.
- ROI
- Return on Investment; the net profit or loss from betting relative to the total amount wagered.
- Spread
- A points handicap set by the bookmaker to equalize the teams, used in betting on the margin of victory.
- Staking Plan
- A strategy for determining how much to wager on each bet based on bankroll management principles.
- System bet
- A combination of multiple selections that creates a series of smaller parlays, allowing some selections to lose.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving a positive expected value.
- Wagering Requirement
- The number of times a bonus must be turned over (often on odds of a certain level) before it can be withdrawn.