Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- A single bet that combines multiple selections; all must be correct for the bet to win.
- Arbitrage
- Betting on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- A spread that eliminates the draw by giving one team a fractional or whole goal advantage or disadvantage.
- Bankroll
- The total amount of money you have set aside for placing bets.
- Bet Builder
- A tool that lets you combine different betting markets from the same match into one wager.
- BTTS
- A market where you bet on whether both teams will score at least one goal during the match.
- Cash Out
- The ability to settle a bet before the event ends, locking in a profit or limiting a loss.
- Double Chance
- A bet that covers two of the three possible outcomes in a match, increasing your chance of winning.
- Draw No Bet
- A bet that refunds your stake if the match ends in a draw, leaving only a win for one team.
- Expected Value (EV)
- The average amount you can expect to win or lose per bet if you repeat the same wager many times.
- Hedging
- Placing additional bets to reduce risk or lock in a profit regardless of the final outcome.
- In-play Betting
- Placing a bet after the match has started, with odds that update as the game progresses.
- Juice
- The commission or fee that a bookmaker adds to the odds, usually seen as the difference between true odds and listed odds.
- Live Odds
- The changing odds offered during a live match, reflecting the current state of play.
- Moneyline
- A bet on which team will win the match outright, with odds expressed as a positive or negative number.
- Odds
- The number that shows how much you can win for each unit you stake; higher odds mean a bigger potential payout.
- Over/Under
- A bet on whether the total number of goals in a match will be higher (over) or lower (under) than a set line.
- Parlay
- A type of accumulator where you combine two or more bets, and every selection must win for a payout.
- Responsible Gambling
- Practices and policies that help you stay in control of your betting and avoid harmful behavior.
- ROI
- Return on Investment; a measure of how much profit you make relative to the amount you wagered.
- Self-Exclusion
- An option to temporarily block yourself from betting sites for a set period to help control gambling.
- Spread
- A handicap given to the favorite team to make both teams equally attractive to bet on.
- Stake
- The amount of money you risk on a single bet.
- System Bet
- A bet that covers multiple combinations of selections, allowing you to win even if some picks lose.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving you an edge.