Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- A single bet that combines multiple selections; all must win for a payout.
- Asian Handicap
- A handicap that splits the line into two halves, reducing the chance of a draw.
- Bankroll
- The total amount of money set aside for placing bets.
- Bet Builder
- A feature allowing you to combine multiple markets from a single match into one wager.
- Cash Out
- An option to settle a bet before the event ends, locking in a profit or loss.
- Double Chance
- A bet covering two of the three possible match outcomes (e.g., home win or draw) to increase the chance of winning.
- Draw No Bet
- A market where you back a team to win; if the match ends in a draw, the stake is refunded.
- Each-Way
- A bet split into two parts: a win bet and a place bet, with the place part paying if the selection finishes in the top positions.
- Evens
- Odds expressed as 1/1, meaning the potential profit equals the original stake.
- Fractional Odds
- Odds displayed as a fraction, showing the profit relative to the stake (e.g., 5/2 means 5 units profit for every 2 units wagered).
- Handicap
- A numerical advantage or disadvantage applied to a team to balance the betting odds.
- In-Play
- Bets placed after the match has started, with odds that update as the game progresses.
- Juice
- The commission or vig charged by a bookmaker, usually built into the odds.
- Lay Betting
- Betting against an outcome to happen, essentially acting as the bookmaker.
- Live Betting
- Placing wagers while the event is ongoing.
- Match Result
- A straightforward bet on which team will win or if the game will end in a draw.
- Over/Under
- A bet on whether the total number of goals (or points) will be higher or lower than a set line.
- Parlay
- Another term for Accumulator; a single wager linking multiple selections that must all win.
- Point Spread
- A margin set by the bookmaker that the favored team must exceed for a bet on them to win.
- Push
- A tie result in a point spread or totals bet where the wager is refunded.
- Risk-Free Bet
- A promotional offer where the stake is refunded if the bet loses, usually up to a set amount.
- Stake
- The amount of money wagered on a bet.
- Steam
- Rapid movement of odds on a market, often indicating heavy betting action.
- Unit
- A standardized measurement of bet size, used to manage bankroll and track performance.
- Value Bet
- A wager where the odds appear higher than the true probability of the outcome, offering expected positive returns.