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