Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Arbitrage
- Arbitrage (or 'sure bet') is a strategy where you bet on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- Asian Handicap gives a team a fractional goal advantage or disadvantage to eliminate the draw option and create balanced odds.
- Bankroll
- Bankroll is the total amount of money you have set aside for betting, separate from everyday finances.
- Bet Builder
- Bet Builder allows you to create a custom wager by combining different markets from the same match into a single bet.
- Bookmaker
- Bookmaker is a company that sets odds and accepts bets on sporting events, acting as the counterparty to the bettor.
- Both Teams To Score
- Both Teams To Score (BTTS) is a bet on whether each side will find the net at least once during the match.
- Cash Out
- Cash Out gives you the option to settle a bet before the match ends, locking in a profit or cutting a loss.
- Correct Score
- Correct Score is a bet predicting the exact final score of a match, offering higher odds for rare results.
- Double Chance
- Double Chance lets you cover two of the three possible outcomes (win, draw, loss) in a single bet.
- Draw No Bet
- Draw No Bet removes the draw outcome, so you win if your chosen team wins, and get your stake back if the match ends in a draw.
- Edge
- Edge is the statistical advantage a bettor has over the bookmaker, often calculated as the difference between true odds and offered odds.
- First Goal Scorer
- First Goal Scorer is a wager on which player will score the opening goal of the match.
- In-Play
- In-Play is synonymous with Live Betting, referring to bets placed after the match has started.
- Live Betting
- Live Betting lets you place bets on a match while it is in progress, with odds that update as the game unfolds.
- Moneyline
- Moneyline is a bet on which team will win the match outright, with odds reflecting each team's chance of winning.
- Odds
- Odds represent the likelihood of a specific outcome in a match and determine how much you can win for each unit you stake.
- Over/Under
- Over/Under is a bet on whether the total number of goals scored in a match will be more or less than a set number.
- Parlay
- Parlay combines multiple selections into one bet, so all choices must win for the bet to pay out, increasing potential returns.
- Responsible Gambling
- Responsible Gambling refers to practices and tools that help you bet safely, such as setting deposit limits and seeking support if needed.
- Self-Exclusion
- Self-Exclusion is a facility that allows you to voluntarily block yourself from betting on the platform for a set period.
- Sportsbook
- Sportsbook is the section of a betting platform where you can find and place bets on various sports events.
- Spread
- Spread (or point spread) is a handicap given to the underdog to level the betting field, requiring the favorite to win by a certain margin.
- Stake
- Stake is the amount of money you risk on a bet; your potential winnings are calculated based on this amount.
- Value Bet
- Value Bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome, giving you an edge.
- Vig
- Vig (or juice) is the commission a bookmaker charges on a bet, built into the odds to ensure a profit regardless of the outcome.