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Knowledge Base

Glossary

Plain-English definitions for the terminology used across Match Daily.

001
Accumulator
A bet that links multiple selections; all must win for you to get a payout, with winnings re‑invested from one game to the next.
002
Arbitrage
Placing bets on all possible outcomes across different bookmakers to guarantee a profit regardless of the result.
003
Asian Handicap
A spread that removes the draw option and uses half‑ or quarter‑goal lines to make betting more balanced.
004
Banker
A selection you consider almost certain to win, often used to increase the potential payout of a multi‑game bet.
005
Bankroll
The total money you have set aside for betting.
006
Both Teams To Score (BTTS)
A bet on whether both sides will score at least one goal during the match.
007
Cash Out
An option to settle a bet before the event ends, letting you lock in a profit or cut your loss.
008
Draw No Bet
A bet where you win if your chosen team wins, and you get your stake back if the match ends in a draw.
009
Edge
An advantage you believe you have over the bookmaker, based on analysis or information.
010
Free Bet
A promotional credit you can use to place a bet without risking your own money; any winnings are usually yours to keep.
011
Futures
A bet placed on an event that will be decided in the future, such as which team wins a tournament.
012
Handicapping
The process of studying teams, players, and stats to find an edge over the bookmaker’s odds.
013
Hedge
Betting on the opposite outcome to reduce risk or secure a guaranteed profit after an original bet.
014
In-Play
Betting on a match while it is still in progress, with odds that update as the game unfolds.
015
Juice (Vig)
The commission or fee that the bookmaker adds to the odds, reducing your potential profit.
016
Kelly Criterion
A mathematical formula that calculates the ideal fraction of your bankroll to wager for maximum long‑term growth.
017
Moneyline
A bet on which team will win the match, with payouts based on the odds given for each side.
018
Odds
A number that shows how likely an event is to happen and how much you can win if your bet is correct.
019
Over/Under
A bet on whether the total number of points or goals scored in a match will be higher or lower than a number set by the bookmaker.
020
Parlay
A single bet that combines two or more selections; all must win for you to receive a payout.
021
Prop Bet
A wager on a specific detail within a match, like which player scores first, rather than the final result.
022
Spread
A number set by the bookmaker that gives the underdog extra points or subtracts them from the favorite, making the bet competitive.
023
Stake
The amount of money you put on a bet.
024
Teaser
A type of parlay that lets you adjust the spread or total in your favor, but all selections must still win.
025
Wagering Requirement
The number of times you must bet a bonus amount before you can withdraw any winnings from it.