Knowledge Base
Glossary
Plain-English definitions for the terminology used across နည်းပြရှုထောင့်.
- Accumulator
- A single bet that links two or more selections; all must win for the bet to pay out.
- Asian Handicap
- A handicap given to teams in a match to level the betting odds, often with half‑ or quarter‑goal spreads.
- Bankroll
- The total amount of money a bettor sets aside for placing bets.
- Bet Builder
- An online tool that lets you combine multiple outcomes from the same event into one custom wager.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Cashback
- A promotional offer that returns a percentage of net losses to the player, often as bonus funds.
- Double Chance
- A bet that covers two of the three possible match outcomes (e.g., home win or draw) in a single wager.
- Draw No Bet
- A bet where you pick a team to win; if the match ends in a draw, the stake is refunded.
- Each‑Way
- A two‑part bet consisting of a win bet and a place bet, with the place portion paying if the selection finishes in the nominated places.
- Handicap Betting
- A market that gives one team a virtual advantage or disadvantage to create equal‑odds betting.
- House Edge
- The mathematical advantage a betting site holds over players in a game, expressed as a percentage.
- In‑Play Betting
- Placing bets on a match while it is already in progress, with odds that update as the game unfolds.
- KYC
- The process of verifying a player's identity to prevent fraud, money laundering, and under‑age gambling.
- Lay Bet
- A bet that a particular outcome will not happen; typically placed on a betting exchange.
- Live Odds
- The constantly changing odds offered during an ongoing event, reflecting the current state of play.
- Odds Format
- The way odds are displayed, such as decimal, fractional, or American, each showing potential payout differently.
- Parlay
- A bet that combines two or more selections; all must win for a payout, similar to an accumulator but often used in North America.
- Payout
- The total amount of money returned to the bettor after a winning bet, including the original stake.
- Price Boost
- A promotional increase of odds on a selected outcome, offered to attract bets.
- Risk‑Free Bet
- A promotion where the stake is refunded if the bet loses, usually up to a set amount.
- RTP
- The percentage of total wagered money that a casino game pays back to players over time.
- Self‑Exclusion
- A tool that allows a player to voluntarily block their own account for a set period, limiting access to gambling.
- Stake
- The amount of money you place on a bet.
- Value Bet
- A wager where the odds offered are believed to be higher than the true probability of the outcome, giving an expected positive return.
- Wagering Requirement
- A condition that states how many times bonus funds must be bet before winnings can be withdrawn.