Knowledge Base
Glossary
Plain-English definitions for the terminology used across အသင်းခွဲခြမ်းစိတ်ဖြာ.
- Accumulator
- A single bet that combines two or more selections; all must win for the bet to pay out.
- Age Verification
- Process to confirm that a bettor is legally old enough to gamble.
- Asian Handicap
- A handicap bet that removes the draw option, splitting the wager into two possible outcomes.
- Back
- To bet on a particular outcome to happen, opposite of a lay.
- Bankroll
- Total amount of money set aside for betting; managing it helps avoid overspending.
- Betting Exchange
- Platform where bettors can back and lay against each other, often with lower commission than traditional sportsbooks.
- Cash Out
- Feature allowing you to settle a bet before the event ends, locking in a profit or minimizing loss.
- Cashback
- Bonus that returns a percentage of net losses back to the player’s account.
- Chasing Losses
- Common mistake of increasing bet size after a loss in an attempt to recover money quickly.
- Correct Score
- Predicting the exact final score of a match; odds are usually high.
- Free Bet
- A no-risk bet credited by the sportsbook that can be used to place a wager.
- Handicap
- A points advantage given to one team to level the playing field for betting purposes.
- In-play betting
- Placing bets on a match or event while it is ongoing.
- KYC
- Identity verification process required by law to confirm a player's age and prevent fraud.
- Lay
- To bet against a particular outcome, acting as the bookmaker for that selection.
- Odds
- The probability of an outcome expressed as a number, determining how much you can win.
- Over/Under
- Betting on whether a specific statistic will be higher or lower than a set line.
- Provably Fair
- System that lets players verify that each game result was generated fairly using cryptographic algorithms.
- RTP
- Percentage of total wagers a game returns to players over time; higher RTP means better odds.
- Self-Exclusion
- Tool that lets players voluntarily ban themselves from the platform for a set period.
- Stake
- The amount of money you risk on a single bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an edge.
- Volatility
- Measure of how often and how much a slot pays out; high volatility means bigger but rarer wins.
- Wagering Requirement
- Number of times you must bet the bonus amount before you can withdraw any winnings.
- Welcome Bonus
- Initial promotion offering extra funds or free bets when you sign up and make a first deposit.