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Knowledge Base

Glossary

Plain-English definitions for the terminology used across Match Daily.

001
Accumulator
Accumulator is a type of parlay where you add several selections and the winnings roll over each time.
002
American odds
American odds use plus or minus numbers to indicate how much you win on a 100‑unit bet.
003
Arbitrage
Arbitrage is exploiting differing odds across bookmakers to guarantee a profit regardless of the result.
004
Asian Handicap
Asian Handicap removes the draw option and gives a half‑ or quarter‑goal advantage or disadvantage to each team.
005
Bankroll management
Bankroll management is the practice of deciding how much to wager to protect your funds over time.
006
Bonus
Bonus is an extra amount credited to your account, often tied to deposit or bet requirements.
007
Bookmaker margin
Bookmaker margin is the percentage of total stakes the bookmaker expects to keep as profit.
008
Cashout
Cashout allows you to settle a bet before the match ends, locking in a profit or loss.
009
Decimal odds
Decimal odds show the total payout for each unit wagered, including the original stake.
010
Fractional odds
Fractional odds express the profit relative to the stake, shown as a fraction.
011
Free bet
Free bet is a token you can use to place a wager without risking your own money.
012
Hedging
Hedging is placing a second bet on the opposite outcome to reduce potential loss.
013
In‑play betting
In‑play betting lets you place bets on events while the match is ongoing.
014
Juice (vig)
Juice (vig) is the commission a bookmaker charges, built into the odds.
015
Line
Line is the set of odds or point spread offered for a particular market.
016
Market
Market refers to a specific betting option, such as the next goal scorer or total goals.
017
Moneyline
Moneyline is a straight bet on which team will win the match, with odds adjusted for each side.
018
Odds
Odds represent the likelihood of an outcome and determine how much you can win relative to your stake.
019
Over/Under
Over/Under bets predict whether the total number of goals in a match will be above or below a set figure.
020
Parlay
Parlay combines multiple selections into one wager; all must win for a payout.
021
Point spread
Point spread is a handicap given to the underdog to level the betting field.
022
Single bet
Single bet is a wager on one outcome, with the stake placed on that selection alone.
023
Stake
Stake is the amount of money you risk on a single bet.
024
Value bet
Value bet occurs when the odds offered are higher than the true probability of the outcome.
025
Wagering requirement
Wagering requirement specifies how many times you must bet a bonus before you can withdraw it.