Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Arbitrage
- Betting on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- A handicap betting system that eliminates the draw by giving half or quarter goal advantages, used to balance uneven matchups.
- Bankroll
- The total amount of money set aside for betting.
- Bet Builder
- A feature that lets you combine multiple markets from the same match into one bet.
- Bet Slip
- The digital record that lists your selected bets, stake, and potential payout before confirmation.
- Both Teams To Score
- A bet on whether each team will score at least one goal during the match.
- Cash Out
- The option to settle a bet before the event ends, locking in a profit or cutting a loss.
- Correct Score
- A bet on the exact final score of a match.
- Free Bet
- A bonus bet credit that can be used to place a bet without risking your own money.
- Handicap
- A numerical advantage or disadvantage assigned 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 the bookmaker takes on a bet, usually built into the odds.
- Kelly Criterion
- A mathematical formula used to determine the optimal size of a bet based on your edge.
- Line Movement
- Changes in the betting line or odds over time, reflecting money flow or new information.
- Moneyline
- A bet on which team will win the match, with odds expressed as a positive or negative number.
- Odds
- The likelihood of an outcome expressed as a number, determining how much you can win.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher or lower than a set number.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out.
- Payout
- The total amount you receive when a bet wins, including your original stake.
- Point Spread
- A handicap given to the favorite team to level the playing field, requiring them to win by a certain margin for the bet to pay out.
- Reload Bonus
- A bonus offered on subsequent deposits, usually matching a percentage of the deposit amount.
- Stake
- The amount of money you risk on a bet.
- Steam
- Rapid movement of odds or line changes across betting markets, often due to heavy betting activity.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, suggesting a positive expected return.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings.