Knowledge Base
Glossary
Plain-English definitions for the terminology used across ကမ္ဘာ့ဖလားသတင်း.
- Accumulator
- Similar to a parlay, a bet that combines multiple selections into one wager, with winnings rolling over each winning pick.
- Asian Handicap
- A handicap given to a team to level the playing field, often expressed in half or quarter goals, removing the draw option.
- Bankroll
- The total amount of money set aside for betting, managed to avoid overspending.
- Bet Slip
- A digital record that lists your selected wagers, stake amounts, and potential returns.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or minimizing a loss.
- Decimal Odds
- A way to display odds as a single number (e.g., 2.50) that includes the stake; multiply your bet by this to calculate total return.
- Fractional Odds
- Traditional odds shown as a fraction (e.g., 3/2) that indicate profit relative to the stake.
- Free Bet
- A promotional token that allows you to place a bet without using your own funds, with winnings usually returned without the stake.
- Group Stage
- The initial phase of the World Cup where teams are divided into groups and play round-robin matches to determine who advances.
- In-Play Betting
- Placing a wager after an event has started, with odds that shift in real time as the match progresses.
- KYC
- Know Your Customer, the process of verifying a player’s identity to prevent fraud and ensure legal compliance.
- Moneyline Odds
- American odds expressed as a positive or negative number; positive shows profit on a $100 bet, negative shows how much you must wager to win $100.
- Odds
- The probability of an outcome expressed as a number, determining how much a winning bet pays out.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be higher or lower than a set line.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out, offering higher odds but higher risk.
- Payout
- The total amount you receive when a bet wins, including the original stake plus profit.
- Pre-Match Odds
- The odds offered before a match begins, based on team form, history, and market activity.
- Provably Fair
- A system that uses cryptographic algorithms to verify that a bet’s outcome is random and not manipulated.
- RTP
- Return to Player, the theoretical percentage of total bets that a game pays back to players over time.
- Self-Exclusion
- A tool that lets you voluntarily block yourself from accessing betting services for a set period.
- Spread Betting
- A wager where the payout is based on the accuracy of the prediction, not a fixed odds amount.
- Stake
- The amount of money you risk on a bet.
- Tip
- Advice or prediction from an expert or source, used to inform betting decisions.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, indicating a potential advantage.
- Wagering Requirement
- A condition that states how many times you must bet a bonus amount before you can withdraw any winnings.