Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- An accumulator is a single bet that links two or more selections; all must win for the bet to pay out.
- Asian Handicap
- Asian Handicap is a spread betting system that eliminates the draw outcome and gives a goal advantage or disadvantage to each team.
- Bankroll
- Bankroll is the total amount of money a bettor sets aside for wagering.
- Bet Builder
- Bet Builder is an online tool that lets you combine multiple markets from the same match into one custom wager.
- Cash Out
- Cash Out allows you to settle a bet before the event finishes, locking in a profit or cutting a loss.
- Double Chance
- Double Chance is a bet that covers two of the three possible outcomes in a match, such as home win or draw.
- Draw No Bet
- Draw No Bet is a market where you back a team to win; if the match ends in a draw, your stake is refunded.
- Even Money
- Even Money describes odds where you win the same amount as your stake, shown as 1/1 or 2.00.
- Exposure
- Exposure is the maximum amount of money a bookmaker stands to lose on a particular outcome.
- First Goalscorer
- First Goalscorer is a wager on which player will score the opening goal of the match.
- Fixed Odds
- Fixed Odds are a price set before the match that stays the same no matter how the market later moves.
- Half-Time/Full-Time
- Half‑Time/Full‑Time is a bet that predicts both the result at half‑time and the final result.
- In-Play
- In‑Play refers to betting that takes place after the match has started, with odds that update in real time.
- Juice
- Juice is the commission a bookmaker adds to the odds, effectively the price you pay for placing a bet.
- Odds Format
- Odds Format is the way odds are displayed, such as decimal (e.g., 2.50), fractional (e.g., 3/2), or moneyline (e.g., +150).
- Over/Under
- Over/Under is a bet on whether a specific statistic, like total goals, will be above or below a set line.
- Parlay
- Parlay is another name for an accumulator; a single bet that links several selections, all of which must win.
- Point Spread
- Point Spread is a margin of victory set by the bookmaker to create a balanced betting field between two teams.
- Rollover Requirement
- Rollover Requirement is a condition that you must wager a certain amount before you can withdraw any bonus funds.
- Spread Betting
- Spread Betting is a wager where your return is based on how accurate your prediction is, not just win or lose.
- Stake
- Stake is the amount of money you place on a bet.
- Starting Price
- Starting Price is the official odds offered when an event begins in a traditional (non‑exchange) market.
- Underdog
- Underdog is the team expected to lose, usually given longer odds to reflect the lower chance of winning.
- Value Bet
- Value Bet is a wager where the odds offered are higher than the true probability suggests, giving you an edge.
- Void Bet
- Void Bet is a canceled bet where the stake is returned, usually because the event did not happen or the market was not settled.