Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပွဲစဉ်သုံးသပ်ချက်.
- 1X2
- A betting market where you predict the outcome of a match: home win (1), draw (X), or away win (2).
- Accumulator
- A single bet that links multiple selections; all must win for the bet to pay out.
- Arbitrage
- Placing bets on all possible outcomes across different bookmakers to guarantee a profit.
- Asian Handicap
- A handicap given to a team to level the playing field, eliminating the draw option and offering adjusted odds.
- Bankroll
- The total amount of money you have set aside for betting.
- Bookmaker
- A company that sets odds and accepts bets on sporting events.
- Both Teams To Score (BTTS)
- A wager on whether each side 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.
- Correct Score
- Predicting the exact final score of a match, such as 2-1 or 3-0.
- Double Chance
- A bet that covers two of the three possible outcomes (e.g., home win or draw) in a single wager.
- Dutching
- Spreading your stake across multiple selections in the same event to equalize potential profit.
- First Goalscorer
- Betting on which player will score the first goal in a game.
- Goal Line
- A spread bet on the total number of goals, similar to Over/Under, often set at a half‑goal to avoid a push.
- Half‑Time/Full‑Time
- A bet that combines the result at half‑time and the result at full‑time in one wager.
- Head‑to‑Head
- A comparison of two teams’ past performance against each other, used to inform betting decisions.
- In-Play Betting
- Placing a bet after the match has started, with odds that update as the game progresses.
- Juice
- The commission or margin a bookmaker includes in the odds, ensuring a profit regardless of the result.
- Kelly Criterion
- A mathematical formula used to determine the optimal size of a bet relative to your edge.
- Matched Betting
- Using free bets and promotions to create risk‑free profits by covering all outcomes.
- Odds
- The numerical representation of the likelihood of an outcome, determining how much you can win.
- Over/Under
- A bet on whether the total number of goals in a match will be higher (over) or lower (under) a set number.
- Payout
- The total amount you receive when a bet wins, including the original stake.
- Stake
- The amount of money you wager on a particular bet.
- Team Form
- A measure of a team’s recent results, usually expressed as wins, draws, and losses over a short period.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an edge.