Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- An accumulator is a single bet that combines two or more selections, and every selection must win for the bet to pay out.
- Asian Handicap
- An Asian Handicap is a type of spread that gives one team a half‑ or quarter‑goal head start or deficit, which removes the draw as a possible outcome.
- Bankroll
- Your bankroll is the total amount of money you have set aside for placing bets.
- Bet Builder
- Bet Builder is a tool that lets you combine different markets from the same match into a single bet.
- Bet Slip
- A bet slip is a digital record that shows the selections you have made and the amount you plan to stake.
- Bonus
- A bonus is extra funds or free bets that a sportsbook may give you, usually with conditions attached.
- Cash Out
- Cash Out lets you settle your bet before the event ends, usually for a smaller payout than if you waited.
- Double Chance
- Double Chance is a bet that covers two of the three possible outcomes of a match, such as home win or draw.
- Draw No Bet
- Draw No Bet is a wager where you get your stake back if the match ends in a draw.
- Each-Way
- Each‑Way is a bet split into a win portion and a place portion; you win if your pick wins or finishes in a specified place.
- Fixed Odds
- Fixed Odds are the odds you receive when you place a bet, and they stay the same even if the line later changes.
- Goal Line
- The Goal Line is a number set on total goals in a match; you bet on whether there will be more or fewer goals.
- Handicapping
- Handicapping is the practice of giving one team a virtual advantage or disadvantage to make the contest more even for betting.
- In-Play
- In‑Play betting means placing bets after a match has started, with odds that change as the game unfolds.
- Lay
- To lay a bet means to bet against an outcome, acting like a bookmaker on an exchange.
- Margin
- Margin is the percentage the sportsbook adds to the true odds, ensuring they make a profit over time.
- Over/Under
- Over/Under is a bet on whether a specific statistic, such as total goals, will be higher or lower than a set number.
- Payout
- A payout is the total amount you receive when a bet wins, including your original stake.
- Point Spread
- A point spread is a handicap applied to a team’s final score to create a more balanced betting market.
- Price
- Price is the odds offered for a selection, often expressed as a decimal or fraction.
- Risk-Free Bet
- A risk‑free bet is a promotion where your stake is refunded if the bet loses.
- Rollover
- Rollover is the requirement to wager a bonus amount a certain number of times before you can withdraw it.
- Stake
- The stake is the amount of money you risk on a particular bet.
- Value Bet
- A value bet is a wager where the odds offered are higher than the true probability of the outcome, giving you an expected advantage.