Knowledge Base
Glossary
Plain-English definitions for the terminology used across ပရိသတ်လမ်းညွှန်.
- Accumulator
- Accumulator is a bet that combines multiple selections into one wager, with winnings rolling over each winning pick.
- Asian Handicap
- Asian Handicap gives a virtual advantage or disadvantage to a team to level the playing field for betting.
- Bankroll
- Bankroll is the total amount of money you have set aside for betting activities.
- Bet Settlement
- Bet Settlement is the process of calculating and paying out winnings after an event’s result is confirmed.
- Bet Slip
- Bet Slip is the online form where you select your bets, set stake amounts, and confirm your wagers.
- Cash Out
- Cash Out lets you settle a bet early, locking in a profit or cutting a loss before the event ends.
- Cashback
- Cashback is a refund of a portion of your losses, usually credited as bonus funds after a set period.
- Expected Value
- Expected Value is the average amount you can expect to win or lose per bet if you repeat it many times.
- Free Bet
- Free Bet is a promotional token you can use to place a bet without using your own money.
- In-Play Betting
- In-Play Betting allows you to place or modify bets while a match is actually happening.
- KYC
- KYC (Know Your Customer) is the process of verifying your identity to prevent fraud and comply with regulations.
- Licensed Operator
- Licensed Operator is a betting site that has been approved by a regulatory authority to operate legally.
- Matched Betting
- Matched Betting uses free bets and lay bets to guarantee a profit by covering all possible outcomes.
- No Deposit Bonus
- No Deposit Bonus is a bonus credited to your account just for signing up, no deposit required.
- Odds
- Odds represent the likelihood of an outcome and determine how much you can win relative to your stake.
- Over/Under
- Over/Under is a bet on whether a specific statistic, such as total goals, will be above or below a set number.
- Parlay
- Parlay is a single bet that links two or more selections; all must win for the bet to pay out.
- Provably Fair
- Provably Fair is a system that lets players verify that each game result was generated fairly and wasn't manipulated.
- RTP
- RTP (Return to Player) is the percentage of total bets a game pays back to players over a long period.
- Self-Exclusion
- Self-Exclusion is a tool that lets you block yourself from betting on the platform for a chosen time period.
- Stake
- Stake is the amount of money you risk on a single bet.
- Value Bet
- Value Bet is a wager where the odds offered are higher than the true probability of the outcome, offering potential profit.
- Void Bet
- Void Bet is a bet that is cancelled and your stake is refunded, usually due to a match being postponed.
- Volatility
- Volatility measures how often and how much a game can pay out; high volatility means bigger but less frequent wins.
- Wagering Requirement
- Wagering Requirement is the number of times you must bet a bonus amount before you can withdraw any related winnings.