Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပွဲစဉ်သုံးသပ်ချက်.
- 1X2 Betting
- A three-option bet on whether the home team wins (1), the match ends in a draw (X), or the away team wins (2).
- Arbitrage
- Placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A bet that gives one team a half-goal advantage or disadvantage to make the odds closer to 50/50.
- ATS (Against The Spread)
- A bet that a team will lose by fewer points than the spread or win outright, used mainly in North American sports.
- Bankroll
- The total amount of money you set aside for betting, separate from everyday finances.
- BTTS (Both Teams To Score)
- A bet on whether each team will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes in a match, increasing your chance of winning.
- Dutching
- Splitting a stake across multiple selections in the same event to ensure an equal profit if any of them win.
- Edge
- An informational or statistical advantage that gives you a better chance of predicting an outcome than the bookmaker.
- In-Play
- Bets placed after the match has started, with odds that update as the game progresses.
- Juice
- The commission or fee that a bookmaker adds to the odds, expressed as a percentage of the original bet.
- Kelly Criterion
- A mathematical formula that calculates the optimal percentage of your bankroll to bet based on your perceived edge.
- Line Movement
- The change in odds or point spreads over time as bettors place money and bookmakers adjust the lines.
- Odds
- The numerical price of a bet that reflects the implied probability of an outcome and determines potential payout.
- Over/Under
- A bet on whether the total number of goals in a match will be higher or lower than a number set by the bookmaker.
- Parlay
- A single bet that links two or more individual bets and pays out only if all the selections win.
- ROI
- Return on Investment; a measure of the profit generated relative to the total amount wagered.
- Spread
- The expected difference in score between two teams, used to balance betting action on both sides.
- Staking Plan
- A systematic method for deciding how much to wager on each bet based on your bankroll and confidence level.
- Steam
- A rapid and significant shift in odds or line caused by heavy betting action from a large number of bettors.
- Unit
- A standard-sized portion of your bankroll used to measure the size of each bet, often 1-5% of the total.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving you an expected profit.
- Yield
- The net profit from betting expressed as a percentage of the total amount wagered over a period of time.