Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- An accumulator combines multiple selections into one bet, and all must win for a payout.
- Arbitrage
- Arbitrage (or arb) exploits differing odds across bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- Asian Handicap gives a team a positive or negative goal start to remove the draw option, creating two possible outcomes.
- Bankroll
- Bankroll is the total amount of money set aside for betting.
- Bet Builder
- Bet Builder allows you to combine multiple markets from the same match into a single wager.
- BTTS
- BTTS is a bet that both teams will score at least one goal during the match.
- Cash Out
- Cash Out lets you settle a bet before the event ends, locking in a profit or cutting a loss.
- Chasing Losses
- Chasing losses means increasing your bets after a loss in an attempt to recover the money, which often leads to bigger losses.
- Closing Line
- The closing line is the final set of odds offered before an event starts, used to measure betting performance.
- Decimal Odds
- Decimal odds show the total amount returned for each unit wagered, including the original stake.
- Early Payout
- Early Payout offers a full win if your team takes a certain lead, even if they later lose.
- Fractional Odds
- Fractional odds indicate the profit relative to the stake, expressed as a fraction.
- HT/FT
- HT/FT is a bet on the result at half-time and the final result of the match.
- Juice
- Juice, also called vig, is the commission a bookmaker charges for taking a bet.
- KYC
- KYC stands for Know Your Customer, a process where the bookmaker verifies your identity to prevent fraud and ensure legal compliance.
- Live Betting
- Live Betting allows you to place bets on a match while it is in progress, with odds that change as the game unfolds.
- Moneyline
- Moneyline is a bet on which team will win the match, with odds expressed as a positive or negative number.
- Odds
- Odds represent the likelihood of a specific outcome and determine how much a winning bet pays out.
- Over/Under
- Over/Under is a bet on whether the total number of goals, points, or runs in a match will be higher or lower than a set line.
- Parlay
- A parlay links several bets together, requiring each to win to return a profit.
- Push
- A push occurs when a bet lands exactly on the line, resulting in the stake being returned.
- Spread
- Spread is a point handicap set by the bookmaker to equalize the chances of two teams in a bet.
- Stake
- Stake is the amount of money you put on a bet.
- Value Bet
- A value bet occurs when the odds offered are higher than the true probability of the outcome.