Introduction: Sports betting has become increasingly popular in Thailand over the past few years, with bettors looking for ways to experience the thrill of placing bets on their favorite teams and athletes. As a result, it is essential to have a solid understanding of the various betting terms used in this industry. This article aims to provide a comprehensive guide to the glossary of sports betting terms commonly used in Thailand today. 1. Point Spread One of the key concepts in sports betting, point spread is often used in association with basketball and football matches. It’s an established technique to equalize the uneven odds between a favorite team and an underdog. For instance, if a favorite team is expected to win by 7 points, the handicap will be -7. Conversely, the underdog will have +7 handicap. As a result, if you wager on an underdog with a +7 handicap, they would have to win by 8 or more points for you to earn a win, with 7 points being a push. 2. Parlay A parlay is a type of wager where the bettor places several bets on the same event. The catch is that these bets must all be correct for the bettor to win. In other words, if you have five different bets on one football game, you win the parlay if all of them are correct. Parlays come with substantial payouts but bear in mind that the risks are also higher. 3. Over/Under You may have heard of this term while betting on various sports events. Over/Under refers to the total combined score in a game, and the bettor can wager over or under the anticipated total score. For example, if the total score expected is 80 points (Over/Under 80), a bettor can wager over 80 points, and if the final score is 85 points, the bet is won. If the score is 78 points, the under bet wins. 4. Asian Handicap Also known as the 3-way bet, Asian Handicap is popular among serious sports gamblers in Thailand. This betting technique levels the playing field for the favorite and underdog teams by adding additional points to a certain team’s score. 5. Live Betting Nowadays, many sportsbooks offer a feature called 'Live Betting.' As the name implies, this allows bettors to place wagers during the event itself. This feature is advantageous as it enables you to seize unique opportunities and adapt to the ever-changing situation of the game. Conclusion: Sports betting requires a degree of skill and knowledge of the various terms and conditions used in this industry. A proper understanding of these terms can lead to profitable wagering opportunities. This glossary serves as a helpful guide to sports betting in Thailand, equipping bettors with the necessary terminology to navigate this exciting world with confidence.