Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- Similar to a parlay, a bet that combines several selections into one wager with multiplied odds.
- Asian Handicap
- A two-way handicap that eliminates the draw outcome, using half or quarter goal lines.
- Bankroll
- The total amount of money a bettor sets aside for placing bets.
- Bet Builder
- A feature that lets you combine multiple markets from a single event into one custom wager.
- Bookmaker
- A company or person that sets odds and accepts bets on sporting events.
- Both Teams To Score
- A wager that both sides will score at least one goal during the match.
- Cash Out
- A feature allowing a bettor to settle a bet before the event ends, locking in a profit or loss.
- Double Chance
- A bet covering two of the three possible outcomes of a match, increasing the chance of winning.
- Draw
- A tie result in a match, offered as a separate betting option.
- Favorite
- The team or player expected to win, indicated by lower odds.
- Free Bet
- A promotional credit that can be used to place a bet without risking the bettor's own money.
- Goal Line
- The total number of goals set for a match; bettors choose over or under that line.
- Handicap
- A disadvantage given to one team to level the playing field, expressed as a goal or point deduction.
- In-Play Betting
- Placing bets on a match after it has started, with odds that change as the game progresses.
- Juice
- The commission or fee a bookmaker charges on a bet, typically built into the odds.
- Odds
- The numerical expression of how likely an outcome is, used to calculate potential payout for a bet.
- Over/Under
- A bet on whether the total number of points or goals in a match will be higher or lower than a set number.
- Parlay
- A single bet that links multiple selections; all must win for the bet to pay out.
- Same-Game Parlay
- A parlay that combines several betting selections from a single match.
- Single Bet
- A straightforward bet on one event or outcome, as opposed to multiple selections.
- Sportsbook
- A platform, either online or physical, where bets on sports are placed.
- Spread
- A point margin set by a bookmaker that the favored team must exceed for a bet on them to win.
- Stake
- The amount of money wagered on a particular bet.
- Underdog
- The team or player expected to lose, often with higher odds reflecting lower probability.
- Wagering Requirement
- The amount of money that must be wagered before bonus funds can be withdrawn.