Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- A single bet that links two or more selections; all must win for the bet to pay out.
- Arbitrage
- The practice of betting on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- A spread betting system that gives a virtual advantage or disadvantage to a team to level the playing field.
- Bankroll
- The total amount of money set aside for betting activities.
- Bet Builder
- A feature that lets you combine multiple selections from the same match into a single wager.
- Both Teams to Score
- A bet on whether each team will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or minimizing loss.
- Correct Score
- A bet that predicts the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible outcomes, increasing the chance of winning.
- Edge
- An advantage a bettor believes they have over the bookmaker's odds.
- Free Bet
- A bonus bet credit that can be used to place a wager, usually with certain conditions.
- Hedge
- Placing a counter bet to reduce risk or lock in a profit on an existing wager.
- House Edge
- The mathematical advantage a bookmaker holds over players in a given market.
- In-Play Betting
- Placing a wager on a match after it has started, with odds that update as the game progresses.
- Match Odds
- The odds offered for the three possible outcomes of a match: home win, draw, away win.
- Odds Boost
- A promotional increase of odds on a specific selection, offering a higher potential payout.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be over or under a set line.
- Push
- A tie result in a market where the bet is refunded because the outcome matches the line exactly.
- RTP
- Return to Player; the percentage of total bets a game returns to players over time.
- Stake
- The amount of money you place on a bet.
- Unit
- A standardized betting amount, often a percentage of your bankroll, used to manage risk.
- Value Bet
- A wager where the perceived probability of an outcome is higher than the odds offered.
- Vig
- The commission or fee a bookmaker charges for taking a bet, built into the odds.
- Void Bet
- A bet that is canceled and the stake is refunded, usually due to a match being postponed or a rule violation.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings.