Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပရိသတ်လမ်းညွှန်.
- 1X2
- 1X2 is 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
- Asian Handicap is a spread that uses half‑goal lines and removes the draw option, giving each team a different handicap.
- Bankroll Management
- Bankroll Management is the practice of setting a budget for betting and sticking to it to avoid big losses.
- Bet Settlement
- Bet Settlement is the process of determining and paying out winnings after an event’s result is official.
- Bet Slip
- Bet Slip is the online form where you add selections, choose a stake, and confirm your wagers.
- Bookmaker Margin
- Bookmaker Margin is the percentage the bookmaker keeps from the total bets, built into the odds.
- Both Teams to Score
- Both Teams to Score is a bet on whether both sides 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.
- Double Chance
- Double Chance lets you cover two of the three possible outcomes in a single bet, reducing risk.
- Draw No Bet
- Draw No Bet removes the draw option, so you win if your chosen team wins and get your stake back if it ends in a draw.
- Edge
- Edge is the statistical advantage a bettor has over the bookmaker, often derived from research or information.
- In-Play Betting
- In-Play Betting is placing bets on a match while it is happening, with odds that update in real time.
- Juice
- Juice is the commission or fee a bookmaker charges on a bet, reflected in the odds.
- KYC
- KYC stands for Know Your Customer, a verification process to confirm a bettor’s identity and prevent fraud.
- Live Odds
- Live Odds are the constantly changing odds offered during an in‑play betting event.
- Moneyline
- Moneyline is a bet on which team will win the match, with odds expressed as a positive or negative number.
- Odds
- Odds represent the probability of an outcome and determine how much you can win if your bet is correct.
- Over/Under
- Over/Under is a bet on whether the total number of goals in a match will be more or less than a set number.
- Parlay
- Parlay is a single bet that links two or more selections; all must win for the bet to pay out.
- Point Spread
- Point spread is a handicap given to the favorite team to level the betting field, requiring them to win by a certain margin.
- Responsible Gambling
- Responsible Gambling refers to practices and tools that help players stay in control and seek help if betting becomes a problem.
- System Bet
- System Bet is a combination of multiple parlays that lets you win even if some selections lose.
- Unit Size
- Unit Size is the amount of money you wager on each bet, usually a small percentage of your total bankroll.
- Value Bet
- Value Bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome.