Knowledge Base
Glossary
Plain-English definitions for the terminology used across ကမ္ဘာ့ဖလားသတင်း.
- American Odds
- American odds use a plus or minus sign to show how much you win on a 100-unit bet or how much you must stake to win 100 units.
- Asian Handicap
- Asian Handicap gives a team a positive or negative goal start to level the playing field, eliminating draws.
- Bankroll Management
- Bankroll Management is the practice of setting a budget for betting and deciding how much to stake on each wager.
- Both Teams To Score (BTTS)
- Both Teams To Score bets win if each side scores at least one goal during the match.
- Cash Out
- Cash Out lets you settle your bet before the event ends, either locking in a profit or limiting a loss.
- Closing Line
- The Closing Line is the final set of odds offered just before an event starts, reflecting the most accurate market price.
- Correct Score
- Correct Score bets require you to predict the exact final score of a match.
- Decimal Odds
- Decimal odds show the total amount you receive for each unit wagered, including your original stake.
- Double Chance
- Double Chance bets cover two of the three possible outcomes in a match, increasing your chance of winning.
- Draw No Bet
- Draw No Bet removes the draw option, so you win if your chosen team wins, and you get your stake back if it ends in a draw.
- First Goalscorer
- First Goalscorer bets win if the player you choose scores the opening goal of the match.
- Fractional Odds
- Fractional odds indicate the profit you earn relative to your stake, displayed as a fraction.
- Half-Time/Full-Time
- Half-Time/Full-Time bets require you to predict the result at both half-time and full-time of the match.
- Implied Probability
- Implied probability is the chance of an outcome suggested by the odds, expressed as a percentage.
- Live Betting
- Live Betting allows you to place bets on a match while it is in progress, with odds that update as the game unfolds.
- Odds
- Odds represent the probability of an outcome and determine how much you can win if your bet is correct.
- Over/Under
- Over/Under bets predict whether the total number of goals in a match will be more or less than a set number.
- Parlay
- A Parlay combines multiple selections into one bet, and all selections must win for the bet to pay out.
- ROI
- ROI, or Return on Investment, measures the profit or loss generated relative to the amount wagered.
- Round Robin
- A Round Robin creates a series of smaller parlays from a list of selected teams, spreading risk across multiple bets.
- Stake
- The Stake is the amount of money you risk on a particular bet.
- Unit
- A Unit is a standard measurement of the size of a bet, usually a fixed percentage of your bankroll.
- Value Bet
- A Value Bet occurs when the odds offered by the bookmaker are higher than the true probability of the outcome.
- Vig
- Vig, also called Juice, is the commission that the bookmaker charges for accepting your bet.