Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပရိသတ်လမ်းညွှန်.
- Accumulator
- Multiple selections combined into one bet for higher odds; same as a parlay.
- Arbitrage
- Exploiting differing odds across bookmakers to guarantee a risk-free profit.
- Bankroll
- Total funds set aside for betting activities.
- Bonus Rollover
- Requirement to wager the bonus amount a certain number of times before withdrawal.
- Bookmaker Margin
- Built-in advantage that ensures the bookmaker profit; also called vig or juice.
- Cash Out
- Option to settle a bet before the event ends, locking in a profit or limiting a loss.
- Cashback
- Offer that returns a percentage of net losses over a set period.
- Kelly Criterion
- Mathematical formula used to calculate the optimal size of a bet based on perceived edge.
- KYC
- Know Your Customer; process of verifying a player's identity and age.
- Live Betting
- Placing bets on events while a match is in progress.
- Moneyline
- Bet on which team will win the match outright.
- Odds
- Probability implied for an outcome; determines the potential payout.
- Odds Boost
- Promotion that increases the odds on a selected market for higher potential payouts.
- Over/Under
- Bet on whether the total number of goals will be above or below a specified line.
- Parlay
- Single bet linking multiple selections; all must win for a payout.
- Point Spread
- Margin set by oddsmakers to balance unevenly matched teams.
- Prop Bet
- Wager on a specific event within a match, such as a player scoring first.
- Provably Fair
- System that lets players verify the fairness of each bet outcome using cryptographic proofs.
- RTP
- Return to Player; the percentage of total bets returned to players over time.
- Self-Exclusion
- Tool that allows players to block themselves from the site for a defined period.
- Stake
- Amount of money wagered on a single bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome.
- Volatility
- Measure of how often and how much a game pays out; high volatility means bigger but rarer wins.
- Wagering Requirement
- Number of times you must bet a bonus before withdrawing any winnings.