Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပွဲစဉ်သုံးသပ်ချက်.
- Anytime Goal scorer
- A bet on a player scoring at any point during the match.
- Arbitrage
- Betting on all possible outcomes of an event across different sportsbooks to guarantee a profit regardless of the result.
- Asian Handicap
- A handicap applied to a team that removes the draw option, giving a half‑goal or quarter‑goal advantage to the underdog.
- Back Bet
- Betting for a specific outcome to happen, the most common type of wager.
- Bankroll Management
- The practice of setting aside a specific amount of money for betting and controlling how much you wager.
- Bet Exchange
- A platform where bettors can bet against each other, offering back and lay options.
- Bookmaker Margin
- The built‑in profit margin that a bookmaker includes in the odds, expressed as a percentage.
- Both Teams to Score
- A bet on whether each team will score at least one goal during the match.
- Card Betting
- A bet on the number of yellow or red cards that will be shown in the match.
- Cash Out
- A feature that lets you settle your bet before the event ends, locking in a profit or loss based on the current score.
- Corner Betting
- A bet on the total number of corners taken during the match.
- Correct Score
- A bet that predicts the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible outcomes (home win/draw, away win/draw, or either side winning) in a single wager.
- Expected Value
- The average amount you can expect to win or lose per bet if you repeat it many times.
- First Goal scorer
- A bet on which player will score the first goal of the match.
- Half-Time/Full-Time
- A bet that combines the result at half‑time and the result at full‑time.
- Juice
- The fee or cut that a sportsbook takes from a bet, often shown as a small adjustment to the odds.
- Kelly Criterion
- A formula used to calculate the optimal size of a bet based on your edge and the odds.
- KYC
- The process of verifying a customer's identity to prevent fraud and ensure legal compliance.
- Lay Bet
- Betting against an outcome on a betting exchange, acting as the bookmaker.
- Live Betting
- Placing bets on a match while it is already in progress, with odds that update as the game unfolds.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be higher or lower than a set number.
- Self‑Exclusion
- A tool that lets you block your own account for a set period to help control gambling.
- Unit
- A standardized bet size, usually a small percentage of your bankroll, used to measure performance.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving you an expected advantage.