Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- a bet that combines two or more selections; all must win for the bet to pay out.
- Asian Handicap
- a spread betting system that gives one team a fractional goal advantage or disadvantage, eliminating the draw.
- Bankroll
- the total amount of money set aside for placing bets.
- Bet Builder
- a feature that lets you combine multiple outcomes from the same match into one wager.
- Betting Exchange
- a platform where bettors can back or lay outcomes against each other, rather than against a bookmaker.
- Cash Out
- a feature allowing you to settle a bet before the match ends, locking in a profit or cutting a loss.
- Double Chance
- a bet that covers two of the three possible outcomes (win, draw, loss) in a match.
- Draw No Bet
- a market where you back either team to win; if the match ends in a draw, your stake is refunded.
- Each-Way
- a two-part bet where half the stake backs the selection to win, and half backs it to finish in a placed position.
- Edge
- the perceived advantage a bettor believes they have over the bookmaker’s odds.
- Fixed Odds
- a price set at the time of the bet, remaining unchanged regardless of later market shifts.
- Futures
- bets placed on the outcome of a tournament or award before it starts, often with higher odds.
- Goal Line
- the total number of goals set by the bookmaker for a match; you bet on whether the actual total will be over or under that line.
- Half-Time/Full-Time
- a market where you predict both the result at halftime and the final result of a match.
- Handicap Betting
- a market where one team is given a virtual advantage or disadvantage to level the playing field.
- In-Play
- betting that takes place after the match has started, with odds updating in real time.
- Juice
- the commission charged by a bookmaker, typically reflected in the odds.
- Lay Bet
- a bet that a particular outcome will not happen, offered on betting exchanges.
- Matched Betting
- a technique using free bets and promotions to guarantee a profit regardless of the result.
- Moneyline
- a straightforward bet on which team will win the match, with odds reflecting the probability.
- Odds Compiler
- a specialist who sets the odds for events based on statistical analysis and market conditions.
- Over/Under
- a market where you predict whether the total number of goals (or points) will be over or under a set figure.
- Parlay
- a single bet that links multiple selections; all must win for a payout, increasing potential return.
- Push
- a result where the bet is voided and the stake is returned, usually when the margin exactly matches the line.
- Value Bet
- a selection where the odds offered are higher than the true probability of the outcome, suggesting a positive expected return.