Knowledge Base
Glossary
Plain-English definitions for the terminology used across ကမ္ဘာ့ဖလားသတင်း.
- Accumulator
- A single bet that combines multiple selections; all selections must win for the bet to pay out, raising the potential payout.
- Arbitrage Betting
- Placing bets on all possible outcomes across different betting sites to guarantee a profit no matter the result.
- Asian Handicap
- A handicap given to a team to level the playing field, removing the draw option and offering two possible winning outcomes.
- Banker Bet
- A highly confident selection you include in a multi‑bet to boost the odds, often seen as a sure thing.
- Bankroll Management
- The practice of setting and sticking to a budget for your bets to avoid spending more than you can afford.
- Bonus Rollover
- The total amount you must wager before a bonus becomes withdrawable cash, often shown as a multiple of the bonus.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or cutting a loss based on current odds.
- Cashback
- A promotion that gives back a part of your losses as a bonus or real money.
- Closing Line Value
- The advantage or disadvantage of the odds you took compared to the final odds just before the event started.
- Double Chance
- A bet that covers two of the three possible results in a match, increasing your chance of winning.
- Implied Probability
- The chance of an outcome happening that is calculated from the odds offered.
- In-Play Betting
- Placing bets on a match while it is already happening, with odds that change as the game progresses.
- KYC
- Know Your Customer; the process a betting site uses to verify your identity and confirm you meet age and location rules.
- Lay Bet
- Betting that a particular outcome will not happen, usually done on a betting exchange where you act like a bookmaker.
- Matched Betting
- Using free bets and promotions to create risk‑free bets by covering every possible outcome with opposite wagers.
- Odds
- The number that shows how likely something is to happen and how much a winning bet will pay out.
- Over/Under
- A bet on whether the total number of goals, points, or other stats in a match will be higher or lower than a set line.
- Provably Fair
- A system that lets players check that each game result was generated fairly and was not manipulated.
- RTP
- The average percentage of money wagered that a game pays back to players over the long term.
- Self-Exclusion
- A tool that lets you temporarily or permanently block your own account to help prevent gambling‑related harm.
- Staking Plan
- A method that decides how much of your budget to wager on each bet based on risk and confidence.
- System Bet
- A bet that groups several selections into multiple smaller bets, allowing you to win even if some picks lose.
- Value Bet
- A bet where the odds are higher than the true chance of the outcome, giving you an edge.
- Volatility
- A measure of how much and how often a game’s payouts go up and down during play.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings from it.