Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပရိသတ်လမ်းညွှန်.
- American Odds
- American Odds use a plus or minus number to indicate underdogs or favorites and the payout.
- Arbitrage Betting
- Arbitrage Betting exploits differing odds across bookmakers to guarantee a profit.
- Asian Handicap
- Asian Handicap gives a team a virtual head start or deficit to balance uneven matchups.
- Bankroll
- Bankroll is the total amount of money set aside for betting.
- Bet Builder
- Bet Builder allows you to combine different markets from a single event into one custom bet.
- Cash Out
- Cash Out lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Cashback
- Cashback is a refund of a portion of your net losses, usually credited as a bonus.
- Decimal Odds
- Decimal Odds show the total amount returned for each unit staked, including the original stake.
- Fractional Odds
- Fractional Odds display the profit relative to the stake, shown as a fraction.
- In-Play Betting
- In-Play Betting, also called live betting, lets you place bets while a match is ongoing.
- Lay Bet
- Lay Bet is a bet that a specific outcome will not happen, typical on betting exchanges.
- Moneyline
- Moneyline is a straight bet on which team will win a match, with odds adjusted for each side.
- Odds
- Odds express the likelihood of an outcome and determine how much a winning bet pays.
- Over/Under
- Over/Under is a bet on whether a statistic, such as total goals, will be above or below a set number.
- Parlay
- Parlay combines multiple selections into one bet; all must win for a payout.
- Partial Cash Out
- Partial Cash Out lets you cash out only a portion of your bet, leaving the rest active.
- Provably Fair
- Provably Fair is a method that lets players check that each game result was generated fairly.
- Responsible Gambling
- Responsible Gambling refers to practices and tools that help players stay in control and gamble safely.
- RTP
- Return to Player (RTP) is the percentage of total bets a game pays back to players over time.
- Stake
- Stake is the amount of money you risk on a bet.
- Unit
- Unit is a standard portion of your bankroll used to size bets consistently.
- Value Bet
- Value Bet occurs when the odds offered are higher than the true probability suggests.
- Volatility
- Volatility indicates how large and how often a game pays out; high volatility means big but rare wins.
- Wagering Requirement
- Wagering Requirement is the number of times you must bet a bonus before you can cash out any winnings.