Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- A bet that links two or more selections; all must win for the wager to pay out.
- Asian Handicap
- A spread style bet that gives a half‑goal advantage or disadvantage to each team, eliminating the draw option.
- Bankroll
- The total amount of money a bettor sets aside for placing bets.
- Bet Builder
- An online feature that lets you combine different markets of the same match into a single custom wager.
- Cash Out
- An option that lets you settle a bet before the match ends, locking in a profit or reducing a loss.
- Double Chance
- A market where you back two of the three possible outcomes (home win, draw, or away win) in one bet.
- Dutching
- Spreading your stake across multiple outcomes so that you earn the same profit regardless of which one wins.
- Edge
- The perceived advantage a bettor thinks they have over the bookmaker’s odds.
- Half‑Time Betting
- A wager placed on what will happen during the first half of a match, such as which team leads at half‑time.
- Handicap
- A points or goals adjustment applied to a team to level the betting field.
- In‑Play
- Betting that takes place after the match has started, with odds that change as the game unfolds.
- Juice
- The extra margin or commission a bookmaker adds to the odds, also called vigorish.
- Kelly Criterion
- A formula that calculates the optimal fraction of your bankroll to wager based on your edge.
- Lay
- To bet against an outcome on an exchange, acting as the bookmaker and accepting stakes from other bettors.
- Market
- A set of specific outcomes you can bet on, like match result, total goals, or player performance.
- Odds
- The number that reflects how likely an outcome is and determines how much a winning bet returns.
- Over/Under
- A bet on whether a statistic, usually total goals, will be above or below a set line.
- Point Spread
- A handicap used to balance the chances of two teams, most common in US sports betting.
- Price
- Another term for odds; the number used to calculate the payout of a winning bet.
- Push
- A tie result where the bet is refunded because the final result matches the line exactly.
- Round Robin
- A set of mini‑accumulators created from a list of selections, giving multiple ways to win.
- Stake
- The amount of money you risk on a bet.
- Surebet
- A situation where the odds offered by different bookmakers guarantee a profit no matter the outcome.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, giving a positive expected return.