Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- A single bet that links two or more individual selections; all must win for the bet to pay out.
- Asian Handicap
- A point spread that gives an advantage or disadvantage to a team, eliminating the draw as an option.
- Bankroll
- The total amount of money a bettor sets aside for placing bets.
- Bet Builder
- A feature that lets you combine multiple outcomes from the same match into a single wager.
- Bet Slip
- A digital record that lists your selected bets, stake, and potential payout before confirmation.
- Bonus Bet
- A bet funded by a bonus, often with conditions such as a turnover requirement before withdrawal.
- Bookmaker
- A company or person that sets odds and accepts bets on sporting events.
- Cash Out
- An option to settle a bet before the event ends, locking in a profit or loss based on current odds.
- Double Chance
- A bet that covers two of the three possible outcomes in a match, such as win or draw.
- Draw No Bet
- A bet that refunds your stake if the match ends in a draw, otherwise you win on the chosen side.
- Free Bet
- A promotional token that lets you place a bet without using your own money, usually with any winnings returned.
- Head-to-Head
- A betting market that focuses on which of two teams or players will perform better in a given match.
- In-Play
- Betting on a match while it is already in progress, with odds that update as the game unfolds.
- Juice
- The extra margin a bookmaker includes in the odds, which is the fee you pay for placing a bet.
- Lay
- To bet against an outcome occurring, typically used on a betting exchange.
- Odds
- The numerical expression of how likely an event is to happen, also showing the potential payout.
- Over/Under
- A bet on whether a specific statistic, like total goals, will be higher or lower than a set number.
- Parlay
- A bet that combines multiple selections; all must win for a payout, offering higher odds than single bets.
- Payout
- The total amount of money returned to a bettor after a winning bet, including stake and profit.
- Push
- A tie result in a bet where the stake is returned, usually when the line exactly matches the outcome.
- Stake
- The amount of money you place on a bet.
- Surebet
- A situation where odds on all outcomes guarantee a profit, regardless of the result.
- Tipster
- A person or service that provides betting predictions and advice.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an expected positive return.
- Wager
- Another word for a bet; the act of risking money on an outcome.