Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပရိသတ်လမ်းညွှန်.
- Accumulator
- Accumulator is a single bet that links multiple selections; all must win for the bet to pay out, with winnings increasing exponentially.
- AML
- AML stands for Anti-Money Laundering, a set of laws and procedures that betting sites follow to detect and prevent illegal money flows.
- Asian Handicap
- Asian Handicap is a special type of handicap betting that eliminates the draw outcome and offers split handicaps for more nuanced risk management.
- Bankroll
- Bankroll is the total amount of money you have set aside for betting, separate from everyday finances.
- Bet Builder
- Bet builder is an online tool that lets you combine multiple markets from a single event into one custom wager.
- Bet Settlement
- Bet settlement is the final step where the sportsbook calculates and credits winnings or deducts losses based on the official result.
- Bonus
- Bonus is promotional credit offered by a betting site, often subject to conditions before withdrawal.
- Cash Out
- Cash out lets you settle a bet before all events finish, locking in a profit or limiting a loss based on current odds.
- Dead Heat
- Dead heat is a rule that splits the payout when two or more selections tie for a position, reducing the return proportionally.
- Deposit Limit
- Deposit limit is a budgeting tool that caps how much money you can add to your betting account within a chosen timeframe.
- Free Bet
- Free bet is a no-risk wager credited by the sportsbook that you can use to place bets, with any winnings usually returned.
- Juice
- Juice is the commission a bookmaker charges for taking a bet, built into the odds.
- KYC
- KYC stands for Know Your Customer, a verification process that confirms your identity to prevent fraud and comply with regulations.
- Live Betting
- Live betting allows you to place bets on a match while it is in progress, with odds shifting in real time.
- Moneyline
- Moneyline is a bet on which team will win a match, with odds expressed as a positive or negative number.
- Odds
- Odds represent the likelihood of a specific outcome and determine how much you can win relative to your stake.
- Odds Format
- Odds format determines how betting odds are displayed, such as decimal, fractional, or moneyline, each conveying the same implied probability differently.
- Over/Under
- Over/Under is a bet on whether the total number of points, goals, or other metrics in a match will be higher or lower than a set line.
- Point Spread
- Point spread is a handicap given to the underdog to level the playing field, requiring the favorite to win by a certain margin.
- Push
- Push is a tie outcome in a market where the bet is refunded because the result exactly matches the line.
- Self-Exclusion
- Self-exclusion is a voluntary tool that locks your account for a set period, preventing you from placing bets or depositing funds.
- Stake
- Stake is the amount of money you wager on a single bet, determining the size of potential payouts.
- System Bet
- System bet is a combination of multiple parlays that allows you to win even if some selections lose, offering built-in safety nets.
- Void Bet
- Void bet occurs when a wager is canceled and all stakes are returned, usually due to a match being postponed or a rule violation.
- Wagering Requirement
- Wagering requirement is the number of times you must bet a bonus amount before it converts to real, withdrawable cash.