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; every selection must win for the bet to pay out, and the odds multiply together.
- Asian Handicap
- A handicap given to a team to level the match, using whole, half, or quarter‑goal lines, which eliminates the draw as a possible result.
- Bankroll Management
- The process of setting aside a specific amount of money for betting and dividing it into smaller units to control how much you risk on each bet.
- Bet Builder
- A tool that lets you combine different betting markets from a single match into one custom bet, such as match winner, goals, and cards.
- Cash Out
- A feature that allows you to settle a bet before the event ends, locking in a profit or cutting a loss based on the current odds.
- Double Chance
- A bet that covers two of the three possible match outcomes – home win or draw, away win or draw, or either team to win – increasing your chance of winning.
- Draw No Bet
- A bet where you pick a team to win; if the match ends in a draw, your stake is returned, so you only lose if the other team wins.
- Each-Way
- A two‑part bet that includes a win selection and a place selection; the place part pays out if your pick finishes in a specified position, such as top three.
- European Handicap
- A handicap that gives one team a whole‑goal advantage or disadvantage, without the half‑goal options used in Asian Handicap, allowing three possible outcomes.
- Half-Time/Full-Time
- A bet that requires you to predict both the result at half‑time and the result at full‑time, such as “Home/Home” or “Draw/Away.”
- In-Play Betting
- Placing a bet on a match after it has started, with odds that update in real time as the game progresses.
- Juice
- The extra percentage added to the odds that the sportsbook keeps as profit; it is why the total implied probability exceeds 100%.
- Lay Bet
- A bet that a specific outcome will not happen; you act as the bookmaker, accepting stakes from other bettors and paying them if the outcome occurs.
- Market
- A specific betting option or category offered for an event, such as match winner, total goals, or player performance.
- Moneyline
- A straightforward bet on which team will win the match, with odds shown as positive or negative numbers indicating the payout.
- Odds
- Numbers that reflect how likely an outcome is expected to happen and determine how much you can win if your bet is correct.
- Over/Under
- A bet on whether a particular statistic, like total goals, will be over or under a number set by the sportsbook.
- Payout
- The total amount of money you receive when a bet wins, including your original stake plus the profit.
- Push
- A tie result in a bet where the outcome matches the line exactly, resulting in the stake being returned with no win or loss.
- Risk-Free Bet
- A promotion where the sportsbook refunds your stake if the bet loses, usually as a free bet to use on another event.
- Stake
- The amount of money you wager on a bet.
- Steam
- Rapid movement of odds on a betting market, often caused by heavy betting action from professional bettors.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving you an edge over the sportsbook.
- Void Bet
- A bet that is cancelled and the stake returned, usually because the event was postponed, abandoned, or the market was not settled.
- xG
- A metric that estimates how many goals a team or player would be expected to score based on the quality of the chances they create.