Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပန်းသွင်းမှု.
- Accumulator
- A single bet that links multiple selections; all must win for a payout, increasing potential returns.
- Arbitrage
- Placing bets on all possible outcomes with different bookmakers to guarantee a profit regardless of result.
- Asian Handicap
- A handicap given to a team to level the playing field, eliminating the draw option and often offering fractional lines.
- Bankroll Management
- The practice of setting aside money for betting and only risking a small portion per wager.
- Bet Builder
- A tool allowing you to combine multiple markets from a single match into one custom bet.
- Bet Slip
- A record of the bets you place, showing selections, odds, stake, and potential payout.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Cashback
- A promotion that returns a portion of a player’s losses, credited as bonus funds or real cash.
- Correct Score
- A bet predicting the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible outcomes (e.g., home win or draw), lowering the risk.
- Free Bet
- A promotional token that lets you place a bet without using your own money; winnings usually exclude the stake.
- Half-Time/Full-Time
- A bet that requires predicting both the result at halftime and the result at full time.
- In-Play Betting
- Placing bets on a match while it is currently happening, with odds that update in real time.
- Juice
- The commission or fee that a bookmaker charges on a bet, often seen as the extra spread in odds.
- Margin
- The bookmaker’s built-in advantage, reflected in the odds being slightly lower than true fair odds.
- Odds
- The number that shows how much you can win relative to your stake, reflecting the likelihood of an outcome.
- Over/Under
- A bet on whether a specific statistic (like total goals) will be higher or lower than a set number.
- Parlay
- Another term for an accumulator, combining several bets into one with higher odds and risk.
- Payout
- The total amount you receive when a bet wins, including profit and returned stake.
- Provably Fair
- A system that uses cryptographic algorithms to verify that a bet’s outcome was not manipulated.
- RTP
- Return to Player, a percentage indicating how much of the total wagered money a game pays back to players over time.
- Stake
- The amount of money you risk on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an edge.
- Void Bet
- A bet that is cancelled and the stake is returned, usually due to a match being postponed or a rule change.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings from it.