Knowledge Base
Glossary
Plain-English definitions for the terminology used across ဘောလုံးကစားနည်း.
- 1X2
- A three‑way market where you bet on either the home team to win (1), a draw (X), or the away team to win (2).
- Accumulator
- A single bet that combines multiple selections; all must be correct to win and the odds are multiplied together.
- Asian Handicap
- A spread‑style bet that gives one team a virtual goal advantage or disadvantage to eliminate the draw option.
- Back Bet
- A conventional bet that an outcome WILL happen, placed with a bookmaker or on an exchange.
- Bankroll Management
- The strategy of setting a betting budget and staking only a small percentage of it on each wager to avoid big losses.
- Bet Builder
- An online tool that lets you combine multiple markets from a single match into one custom bet, with odds that reflect the combined selections.
- Bookmaker Margin (Overround)
- The built‑in percentage advantage a bookmaker includes in the odds, ensuring they make a profit regardless of the result.
- Both Teams To Score (BTTS)
- A market where you bet on whether each side will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the match ends, locking in a profit or limiting a loss.
- Closing Line
- The final set of odds offered just before an event starts; comparing your entry odds to the closing line helps measure betting skill.
- Correct Score
- A wager that predicts the exact final score of a match, such as 2‑1.
- Decimal Odds
- Odds expressed as a single number that includes your stake; multiplying your stake by the decimal gives the total payout.
- Double Chance
- A bet that covers two of the three possible outcomes (e.g., home win or draw), reducing the risk of losing.
- Dutching
- Distributing your stake across multiple possible outcomes in the same event so that you secure a profit no matter which one wins.
- Expected Value (EV)
- The average amount you can expect to win or lose per bet over many repetitions, calculated from the odds and probability.
- Fractional Odds
- Odds shown as a fraction, such as 5/1, indicating how much profit you make per unit staked.
- Free Bet
- A token supplied by the bookmaker that allows you to place a bet without using your own funds; any winnings are usually returned without the stake.
- Implied Probability
- The percentage chance of an outcome calculated from the odds, showing how likely the bookmaker thinks an event is.
- In-Play Betting
- Placing bets on a match while it is in progress, with odds that change as the game unfolds.
- KYC
- The process of verifying your identity and personal details to comply with legal requirements and keep the platform safe.
- Lay Bet
- A bet that a specific outcome will NOT happen, typically offered on betting exchanges where you act as the bookmaker.
- Over/Under
- A bet on whether the total number of goals in a match will be higher or lower than a specified line.
- Self-Exclusion
- A voluntary option to block your account for a set period, helping you take a break from betting.
- Value Bet
- A bet where the odds offered are higher than the true probability suggests, giving you a potential long‑term edge.
- Wagering Requirement
- The number of times you must turnover a bonus before you can withdraw any resulting winnings.