Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator (Parlay)
- A single bet that links multiple selections; all must win for the bet to pay out, increasing potential payout.
- Arbitrage (Surebet)
- A situation where you bet on all possible outcomes of an event across different bookmakers, locking in a profit regardless of who wins.
- Asian Handicap
- A handicap that eliminates the draw outcome, using quarter‑goal increments to reduce risk for bettors.
- Bankroll
- The total amount of money set aside for placing bets.
- Both Teams to Score (BTTS)
- A bet on whether each side will score at least one goal during the match.
- Cash Out
- A feature allowing you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Correct Score
- A bet that predicts the exact final score of the match.
- Double Chance
- A bet that covers two of the three possible match outcomes (win/draw, draw/away, etc.) in one wager.
- Draw No Bet
- A bet that removes the draw outcome; if the match ends in a draw, the stake is refunded.
- Free Bet
- A promotional token that lets you place a bet without using your own money; any winnings are usually yours, minus the stake.
- Half-Time/Full-Time
- A bet that requires predicting the outcome at both half‑time and full‑time (e.g., Home/Home, Home/Draw).
- Handicapper
- A person who analyzes sports events and provides betting recommendations or predictions.
- Hedging
- Placing additional bets on opposite outcomes to reduce risk or guarantee a profit regardless of the result.
- In-Play (Live Betting)
- Placing bets on a match while it is already in progress, with odds that update as the game unfolds.
- Kelly Criterion
- A mathematical formula that calculates the optimal fraction of your bankroll to bet based on the edge.
- Moneyline
- A straight bet on which team will win the match, ignoring any point spread.
- Odds
- The price that tells you how much you can win relative to your stake; lower odds mean a more likely outcome.
- Odds Boost
- A promotion that increases the odds on a specific selection, offering a higher potential payout.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be higher or lower than a set number.
- Risk-Free Bet
- A promotion that refunds your stake as a free bet if your first bet loses, up to a set amount.
- Spread
- A handicap given to the favorite team to level the playing field; you bet on whether the team will beat or cover that margin.
- Stake
- The amount of money you put on a bet.
- Stake Back
- A bonus that returns your original stake as a free bet after a losing wager.
- Unit
- A standard measure of stake size, usually a 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 edge.