Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပန်းသွင်းမှု.
- Arbitrage Betting
- Arbitrage betting (or arbing) exploits differing odds across bookmakers to guarantee a profit by covering all possible outcomes.
- Asian Handicap
- Asian handicap is a type of handicap betting that eliminates the draw option and offers two possible outcomes, often with half-goals.
- Bankroll Management
- Bankroll management means setting a budget for betting and deciding how much to stake on each wager to avoid big losses.
- Bet Slip
- A bet slip is the online form where you list the selections you want to bet on and confirm your stake.
- Both Teams to Score
- Both teams to score is a bet on whether each side will score at least one goal during the match.
- Cash Out
- Cash out allows you to settle a bet before the event ends, locking in a profit or cutting a loss based on current odds.
- Correct Score
- Correct score betting requires you to predict the exact final score of a match.
- First Goal Scorer
- First goal scorer is a wager on which player will net the opening goal of the game.
- Free Bet
- A free bet gives you the chance to place a wager without using your own money; any winnings are usually paid to you, minus the free bet stake.
- Handicap Betting
- Handicap betting gives one team a virtual advantage or disadvantage to level the playing field, altering the odds.
- House Edge
- The house edge is the built-in advantage a casino or betting site holds, expressed as a percentage of each bet that on average goes to the operator.
- In-Play Betting
- In-play betting lets you place bets on a match while it is happening, with odds that update as the game progresses.
- KYC
- KYC stands for Know Your Customer, a process where the operator verifies your identity to prevent fraud and comply with regulations.
- Margin
- Margin, also called juice or vig, is the bookmaker's cut of the odds, ensuring they make a profit regardless of the outcome.
- No Deposit Bonus
- A no deposit bonus credits a small amount of betting funds to your account just for signing up, no deposit required.
- Odds
- Odds represent the likelihood of an outcome and determine how much you can win if your bet is correct.
- Over/Under
- Over/under bets predict whether the total number of goals, points, or events in a match will be above or below a set line.
- Parlay
- A parlay (also called an accumulator) combines multiple selections into a single bet, so all must win for a payout.
- Responsible Gambling
- Responsible gambling refers to practices and policies that help players stay in control and seek help if betting becomes harmful.
- RTP
- RTP stands for Return to Player and indicates the percentage of total bets a game pays back to players over time.
- Self-Exclusion
- Self-exclusion is a tool that lets you temporarily or permanently block your own account to help control gambling habits.
- Stake
- The stake is the amount of money you risk on a bet; it determines the size of your potential payout.
- Value Bet
- A value bet occurs when you believe the odds offered are higher than the true probability of the outcome, giving you an expected profit over time.
- Wagering Requirement
- A wagering requirement is a condition that says how many times you must bet the bonus amount before you can withdraw any winnings.
- Welcome Bonus
- A welcome bonus is a promotion offered to new customers, usually matching a percentage of their first deposit with extra betting credit.