Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပွဲစဉ်သုံးသပ်ချက်.
- Accumulator
- A single bet that links multiple selections; all must win for the bet to pay out.
- Arbitrage
- Placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Bankroll
- The total money you have set aside specifically for betting activities.
- Bankroll Management
- The practice of strategically allocating and controlling your betting funds to minimize risk.
- Cash Out
- Settling a bet early to lock in a guaranteed profit or cut losses before the event ends.
- Cover
- When a team wins by a margin larger than the point spread assigned to them.
- Edge
- The statistical advantage one party has over another in a particular bet.
- Handicap
- A betting advantage or disadvantage assigned to a team to create balanced odds.
- Juice
- The commission or fee that sportsbooks charge for taking a bet, embedded in the odds.
- Line Movement
- Changes in betting odds or spreads that occur as more bets are placed or information becomes available.
- Live Betting
- Placing bets on events while they are actively happening.
- Lock
- A bet that is considered highly likely to win based on available information and analysis.
- Odds
- The probability of an event happening, displayed as numbers that determine how much you can win.
- Over/Under
- A bet predicting whether a specific game statistic will be higher or lower than a set number.
- Parlay
- A bet combining multiple individual wagers into one; all selections must win for a payout.
- Proposition Bet
- A wager on specific occurrences within a game, such as which player scores first, rather than the final result.
- Push
- When a bet result exactly matches the line, resulting in all stakes being returned.
- RTP
- The percentage of total bets that a casino game returns to players over time, indicating expected payouts.
- Spread
- The predicted margin of victory that bettors can wager on in point-based sports.
- Stake
- The amount of money you risk on a bet.
- Unit
- A standardized betting amount used to track wins and losses consistently over time.
- Value Bet
- A wager where the odds offered are higher than the actual probability of the outcome occurring.
- Volatility
- How frequently and how much a game pays out; high volatility means bigger wins but less often.
- Wagering Requirement
- The minimum amount you must bet before withdrawing bonus funds from your account.