Knowledge Base
Glossary
Plain-English definitions for the terminology used across ကမ္ဘာ့ဖလားသတင်း.
- 1X2
- A three-way betting market where you pick either the home win (1), draw (X), or away win (2).
- Accumulator
- A single bet that links multiple selections; all must win for the bet to pay out.
- Asian Handicap
- A handicap given to teams to level the playing field, often with half‑ or quarter‑goal increments.
- Bankroll
- The total amount of money set aside for placing bets.
- Bet Builder
- An online tool that lets you combine several markets from a single match into one custom wager.
- Bonus
- Extra funds or free bets offered by a sportsbook, usually tied to deposit or wagering conditions.
- BTTS
- Abbreviation for “Both Teams To Score”; you bet on whether each side will find the net during the match.
- Cash Out
- A feature allowing you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes (home win/draw, away win/draw, or win for either side).
- Each‑Way
- A two‑part wager: one part on the selection to win, the other on it to place (usually top 2‑3 positions).
- Free Bet
- A no‑cost bet token given by a bookmaker, often requiring a qualifying loss or deposit.
- Handicap
- A points or goal adjustment applied to a team to create balanced odds for betting.
- HT/FT
- Short for “Half Time/Full Time”; a bet predicting both the halftime result and the final outcome.
- In‑Play
- Betting that takes place while a match is already in progress, with odds that update live.
- Kelly Criterion
- A mathematical formula that suggests the optimal fraction of your bankroll to wager for long‑term growth.
- Lay
- To bet against a particular outcome; you act as the bookmaker and risk paying out if the selection wins.
- Margin
- The bookmaker’s built‑in profit margin, expressed as a percentage of the true odds.
- Odds
- The numerical price of a bet, indicating the potential payout relative to the stake.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be above or below a set line.
- Parlay
- Another term for an accumulator; a single bet that links two or more selections for a higher combined payout.
- Push
- When a bet is tied (e.g., the exact line is met) and the stake is refunded with no win or loss.
- Responsible Gambling
- Practices and tools (like deposit limits) aimed at preventing gambling‑related harm.
- Self‑Exclusion
- A formal request to a betting site to block your account for a set period, helping you stop gambling.
- Sure Bet
- An arbitrage situation where odds on all possible outcomes guarantee a profit regardless of the result.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, giving an expected edge.