Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပရိသတ်လမ်းညွှန်.
- Asian Handicap
- Asian Handicap gives a virtual advantage or disadvantage to a team to balance the match, eliminating the draw option.
- Bankroll
- Your bankroll is the total amount of money you have set aside for betting.
- Bet Builder
- Bet Builder is a feature that lets you combine multiple markets from the same event into a single custom bet.
- Bet Slip
- A bet slip is the digital record that lists your selected bets, odds, and stake before you confirm the wager.
- Cash Out
- Cash Out allows you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Cashback
- Cashback is a promotion that returns a portion of your losses over a set period, usually credited as a bonus.
- Decimal Odds
- Decimal odds show the total amount you will receive for each unit wagered, including your original stake.
- Fractional Odds
- Fractional odds indicate the profit you will make relative to your stake, expressed as a fraction.
- Free Bet
- A free bet is a promotional token you can use to place a wager without risking your own money, with any winnings usually withdrawable.
- House Edge
- The house edge is the built-in advantage that ensures the operator makes a profit over time, expressed as a percentage.
- In-Play Betting
- In-Play Betting, also called live betting, lets you place bets on a match while it is still happening.
- Margin
- Margin, also called juice, is the bookmaker’s cut embedded in the odds, ensuring they profit regardless of the result.
- Moneyline Odds
- Moneyline odds show how much you need to stake to win a set profit, with positive and negative numbers for underdogs and favorites.
- No Deposit Bonus
- A no deposit bonus gives you a small amount of bonus funds or free spins just for signing up, without needing to deposit money.
- Odds
- Odds represent the likelihood of an outcome and determine how much you can win relative to your stake.
- Over/Under
- Over/Under is a bet on whether the total score or statistic will be higher or lower than a set line.
- Parlay
- A parlay combines multiple selections into one bet, and all selections must win for the bet to pay out.
- Provably Fair
- Provably Fair is a system that lets players verify that each game result was generated fairly and was not manipulated.
- RTP
- RTP stands for Return to Player and tells you the percentage of total bets a game will pay back to players over a long period.
- Single Bet
- A single bet is a straightforward wager on one outcome; you win if that outcome occurs.
- Spread Betting
- Spread betting is a bet where the payout depends on the accuracy of the prediction, not just a win or loss.
- Stake
- The stake is the amount of money you risk on a bet.
- Void Bet
- A void bet is a cancelled wager, and all stakes are returned with no win or loss.
- Volatility
- Volatility describes how often and how much a game can pay out; high volatility means larger but less frequent wins.
- Wagering Requirement
- A wagering requirement is the number of times you must bet a bonus amount before you can withdraw any winnings from that bonus.