Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- A bet that links multiple selections together, requiring all to win to get a return, increasing potential profit.
- American Odds
- Odds expressed as a positive or negative number; positive shows profit on a $100 bet, negative shows amount needed to win $100.
- Asian Handicap
- A split handicap that eliminates the draw option, offering two half-goal lines for more balanced odds.
- Bankroll
- The total amount of money set aside for betting, separate from everyday finances.
- Both Teams to Score
- A bet on whether each side 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 limiting a loss.
- Decimal Odds
- Odds expressed as a single number that includes your stake; multiply your stake by this number to calculate total return.
- Double Chance
- A bet that covers two of the three possible outcomes (home win or draw, away win or draw, etc.).
- Draw No Bet
- A bet where you pick a team to win; if the match ends in a draw, your stake is refunded.
- Fractional Odds
- Odds displayed as a fraction, showing the profit relative to the stake (e.g., 5/1 means $5 profit for each $1 wagered).
- Futures Bet
- A bet placed on an outcome that will be decided later, like which team wins the tournament.
- In-Play Odds
- The changing odds offered during a live match, reflecting the current state of play.
- Live Betting
- Placing bets on a match while it is in progress, with odds that update as the game unfolds.
- Moneyline
- A bet that picks the outright winner of a match, with odds shown as a positive or negative number.
- Over/Under
- A bet on whether the total number of goals, points, or runs in a match will be over or under a set line.
- Parlay
- A single bet that combines two or more selections; all must win for the bet to pay out.
- Point Spread
- A handicap given to each team to level the playing field, expressed as a number of goals or points.
- Pre-Match Odds
- The odds set before a match starts, based on team form, statistics, and public opinion.
- Prop Bet
- A side bet on a specific event within a match, such as which player scores first.
- Single Bet
- A straightforward bet on a single selection, with odds determining the potential payout.
- Unit
- A standard measurement of bet size, often a fixed percentage of your bankroll, used to manage risk.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an expected positive return.
- Vig
- The commission charged by the bookmaker, built into the odds, ensuring the house makes a profit regardless of the outcome.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings derived from it.