Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- A bet that combines two or more single selections; every selection must win for the accumulator to pay out.
- Asian Handicap
- A type of handicap that gives one team a fractional advantage or disadvantage, making the two outcomes more balanced for betting.
- Bankroll
- The total amount of money a bettor sets aside for placing bets.
- Bet Builder
- An online feature that lets you combine several betting markets from the same match into a single custom wager.
- Both Teams to Score
- A market where you bet on whether each side will score at least one goal during the match.
- Cash Out
- A feature that allows you to settle a bet before the match ends, locking in a profit or reducing a loss.
- Double Chance
- A bet that covers two of the three possible match outcomes, such as a home win or a draw.
- Draw No Bet
- A market where you pick a team to win; if the match ends in a draw, your stake is refunded.
- Edge
- The advantage a bettor thinks they have over the odds offered by the bookmaker.
- Fixed Odds
- The odds that are set when you place the bet and stay the same, even if the market changes later.
- In-Play
- Bets placed after the match has started, with odds that shift as the game unfolds.
- Juice
- The extra fee that a sportsbook adds to the odds, usually seen as a percentage of the stake.
- Lay
- To bet against an outcome, acting as the bookmaker and taking the opposite side of a wager.
- Matched Betting
- A method that uses free bets and differing odds to guarantee a profit regardless of the result.
- Odds Format
- The style in which betting odds are shown, such as decimal, fractional, or moneyline.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be higher or lower than a set number.
- Parlay
- A single bet that links multiple selections; all must be correct for the parlay to win and it offers higher odds than a single bet.
- Payout
- The total amount of money returned to you after a winning bet is processed.
- Point Spread
- A handicap given to the underdog to make the two sides more equally attractive for betting.
- Push
- A tie result where all bets are refunded because the final score matches the exact spread or total.
- Stake
- The amount of money you risk on a single bet.
- Steam
- A rapid and large movement of the betting line caused by heavy wagering on one side.
- Tipster
- A person or service that shares expert predictions and betting suggestions.
- Value Bet
- A bet where the odds offered are higher than the true likelihood of the outcome, suggesting a potential advantage.
- Void
- A cancelled bet where the stake is returned, usually because the event was postponed or a rule was broken.