Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- An accumulator is a single bet that combines multiple selections, and all must win for you to get a return.
- Arbitrage
- Arbitrage involves placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- Asian Handicap is a type of bet that eliminates the draw outcome and gives a handicap to each team, used mainly in soccer.
- Bankroll
- Your bankroll is the total amount of money you have set aside for betting.
- Bonus
- A bonus is a promotional offer, such as extra funds or free bets, given to you by the bookmaker.
- Bookmaker
- A bookmaker is a company that sets odds and accepts bets, also called a sportsbook.
- Cash Out
- Cash out lets you settle your bet before the match ends, locking in a profit or loss based on the current odds.
- Decimal Odds
- Decimal odds show the total payout per unit staked, including the stake, and are commonly used in Europe.
- Fractional Odds
- Fractional odds display the potential profit relative to your stake, commonly used in the UK.
- Free Bet
- A free bet is a bet credited to your account that you can use to place a bet without using your own money.
- Handicap
- A handicap gives one team a hypothetical advantage or disadvantage to balance the odds, used in betting.
- In-Play Betting
- In-Play betting allows you to place bets on a match after it has started, with odds that update during the game.
- Juice
- Juice, also called vigorish, is the commission or fee that the bookmaker charges for taking your bet.
- Margin
- The margin is the bookmaker's built-in advantage, ensuring they make a profit regardless of the outcome.
- Matched Betting
- Matched betting is a technique that uses free bets and bonuses to guarantee a profit by covering all possible outcomes.
- Moneyline
- A moneyline bet is a straightforward wager on which team will win a match, without any point spread.
- Odds
- Odds represent the likelihood of a specific outcome and determine how much you can win if your bet is correct.
- Over/Under
- Over/Under is a bet on whether the total number of goals in a match will be over or under a set number.
- Payout
- A payout is the total amount of money you receive when a bet wins, including your original stake.
- Public Money
- Public money refers to the amount of bets placed by recreational bettors, often causing odds to shift.
- Rollover Requirement
- A rollover requirement is a condition that obligates you to wager the bonus amount a certain number of times before withdrawing.
- Stake
- The stake is the amount of money you wager on a bet.
- Steam Move
- A steam move is a rapid change in odds, usually due to heavy betting activity from sharp bettors.
- Value Bet
- A value bet occurs when the odds offered by the bookmaker are higher than the true probability of the outcome.