Knowledge Base
Glossary
Plain-English definitions for the terminology used across ကမ္ဘာ့ဖလားသတင်း.
- AML
- AML, or Anti-Money Laundering, refers to policies and procedures that betting sites use to detect and prevent illegal money flow.
- Arbitrage Betting
- Arbitrage betting exploits differences in odds across bookmakers to place multiple bets covering all outcomes and secure a guaranteed profit.
- Asian Handicap
- Asian Handicap gives a team a positive or negative goal advantage to eliminate the draw option and produce only two possible outcomes.
- Bankroll Management
- Bankroll management means deciding how much money to risk on bets and sticking to limits to avoid losing more than you can afford.
- Bookmaker
- A bookmaker is a company that sets odds and accepts bets on sporting events and other outcomes.
- Cash Out
- Cash out lets you settle your bet before the event ends, either to lock in a profit or cut a loss.
- Deposit Limit
- Deposit limit is a setting that caps the amount of money you can add to your account within a chosen time period.
- Futures
- Futures are bets placed on the outcome of a tournament or season, such as who will win the World Cup.
- Hedge
- Hedge is a strategy of placing an opposite bet to reduce risk or guarantee a profit regardless of the result.
- KYC
- KYC, or Know Your Customer, is the process of verifying a player's identity to prevent fraud and ensure legal compliance.
- Live Betting
- Live betting allows you to place or change bets while a match is in progress, with odds that update as the game unfolds.
- Moneyline
- Moneyline is a bet on which team will win the match, with odds expressed as a positive or negative number.
- Odds
- Odds represent the probability of a particular outcome and determine how much you can win if your bet is correct.
- Over/Under
- Over/Under is a bet on whether the total number of goals (or points) in a match will be more or less than a set line.
- Parlay
- Parlay combines multiple selections into a single bet, and all of them must win for the bet to pay out.
- Prop Bet
- Prop bet is a wager on a specific event within a match, such as which player scores first, rather than the final result.
- Responsible Gambling
- Responsible gambling refers to practices and tools that help you stay in control of your betting and avoid harmful behavior.
- RNG
- RNG, or Random Number Generator, is software that ensures the outcome of virtual games is completely random and fair.
- RTP
- RTP, or Return to Player, is the percentage of total bets that a game is expected to pay back to players over time.
- Self-Exclusion
- Self-exclusion is a tool that lets you temporarily or permanently block your own account if you feel your gambling is becoming a problem.
- Spread
- Spread, also called point spread, is a handicap given to the underdog to level the betting field.
- Stake
- Stake is the amount of money you wager on a single bet.
- Value Bet
- A value bet is when the odds offered by a bookmaker are higher than the true probability of the outcome, giving you an expected profit.
- Wagering Requirement
- Wagering requirement is the total amount you must bet before you can withdraw bonus winnings.