Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- A bet that combines two or more selections into one wager; all selections must win for the bet to pay out, with odds multiplied together.
- Asian Handicap
- A spread betting system that eliminates the draw by giving a half‑goal or quarter‑goal advantage/disadvantage to each team, offering two possible winning outcomes.
- Bankroll
- The total amount of money a bettor sets aside for placing bets, separate from everyday finances.
- Bet Builder
- A feature that lets you combine multiple outcomes from the same match into a single custom bet, with odds updated based on your choices.
- Cash Out
- A function that lets you settle a bet before the event ends, either locking in a profit or cutting a loss.
- Double Chance
- A bet that covers two of the three possible match outcomes (e.g., home win or draw), reducing risk but offering lower odds.
- Draw No Bet
- A bet where you pick a team to win; if the match ends in a draw, your stake is refunded.
- Each Way
- A two‑part bet consisting of a "win" portion and a "place" portion, with the place portion paying out if your selection finishes in the top positions.
- Evens
- Odds expressed as 1/1 in fractional form, meaning you win the same amount as your stake if the bet wins.
- Fractional Odds
- A way of displaying odds as a fraction (e.g., 5/1), showing how much profit you make per unit staked.
- Handicapping
- The process of assessing team strengths and weaknesses to estimate a likely point spread or goal line for betting purposes.
- In-Play
- Bets placed after an event has started, with odds that shift in response to the unfolding action.
- Lay Betting
- Betting that an outcome will not happen; you act as the bookmaker, accepting stakes from other bettors.
- Moneyline
- A straight bet on which team will win a match, with odds that reflect each team's implied probability.
- Odds Boost
- A promotional increase of odds on a specific selection, offering a higher potential payout than the standard line.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be higher or lower than a set figure.
- Payout
- The total amount of money returned to a bettor after a winning bet, including the original stake plus profit.
- Push
- A tie result on a point‑spread bet where the bet is refunded because the margin exactly matches the line.
- Stake
- The amount of money you risk on a bet.
- Straight Bet
- A single wager on one outcome, as opposed to a multiple‑selection bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, indicating a potential edge.
- Void Bet
- A bet that is cancelled and the stake returned, usually due to a match being postponed or a rule violation.
- Wagering Requirement
- A condition attached to bonuses that requires you to bet a certain multiple of the bonus amount before you can withdraw any winnings.
- Welcome Bonus
- A promotional offer given to new customers, often a matched deposit or free bet, subject to wagering requirements.