Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Arbitrage
- The practice of placing bets on all possible outcomes across different bookmakers to guarantee a risk‑free profit.
- Asian Handicap
- A spread betting system that eliminates the draw option and uses quarter‑goal increments to reduce ties.
- Bankroll
- The total amount of money set aside for betting activities.
- Bet Builder
- A feature that lets you combine multiple markets from the same match into one wager.
- Bookmaker Margin
- The built‑in commission the bookmaker charges, reflected in the odds; it ensures the book makes a profit regardless of the result.
- Both Teams To Score
- A bet on whether each side will score at least one goal during the match.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or minimizing a loss.
- Correct Score
- A bet that predicts the exact final score of a match.
- Double Chance
- A wager that covers two of the three possible match outcomes (e.g., home win or draw) in one bet.
- Edge
- The perceived advantage a bettor has over the bookmaker in a given market.
- First Goal Scorer
- A wager on which player will score the opening goal of the match.
- Free Bet
- A bonus token provided by a bookmaker that can be used to place a bet without risking your own money.
- Hedge
- A counter‑bet placed to reduce risk or lock in a profit on an existing wager.
- In‑Play Betting
- Placing a bet after the match has started, with odds that update as the game progresses.
- Lay Bet
- A bet that a particular outcome will not happen, typically used in betting exchanges.
- Moneyline
- A bet on which team will win a match outright, with odds expressed as a positive or negative number.
- Odds
- The price that reflects the probability of a specific outcome; it tells you how much you can win relative to your stake.
- 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 over or under a set line.
- Parlay
- A single bet that links multiple selections; all must win for the bet to pay out, increasing potential payout.
- Point Spread
- A handicap given to the favored team to level the betting field; the favorite must win by more than the spread for a bet on them to win.
- Stake
- The amount of money you wager on a bet.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, indicating potential profit.
- Void Bet
- A bet that is canceled and all money is returned, usually due to a match being postponed or a rule breach.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings derived from it.