Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- A single bet that links multiple selections; all must win for the bet to pay out, and winnings are multiplied together.
- Anytime Goal Scorer
- A bet on a specific player to score at least one goal at any point during the match.
- Asian Handicap
- A spread betting option that gives a virtual advantage or disadvantage to a team, eliminating the draw and leveling the playing field.
- Bankroll
- The total amount of money set aside for placing bets, used to manage how much you can afford to risk.
- Bookmaker Margin
- The built‑in advantage a bookmaker ensures by adjusting odds so the total implied probability exceeds 100%.
- Both Teams To Score (BTTS)
- A bet that wins if each team scores at least one goal during the match, regardless of the final result.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss based on the current score.
- Closing Line
- The final set of odds offered just before an event starts, considered the most accurate reflection of market expectations.
- Correct Score
- A bet that requires you to predict the exact final score of a match.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, win) in a single wager, increasing your chance of winning.
- Draw No Bet
- A two‑way bet where you pick a team to win; if the match ends in a draw, your stake is refunded.
- First Goal Scorer
- A bet on which player will score the first goal in the match.
- In-Play Betting
- Placing bets on match outcomes while the game is already in progress, with odds that update as the action unfolds.
- Juice
- The commission or fee that a bookmaker adds to the odds, often referred to as the "vig" or "vigorish".
- KYC
- Know Your Customer; a verification process required by law to confirm a bettor’s identity and prevent fraud or underage gambling.
- Line Movement
- The change in odds or point spread over time, reflecting betting action and new information.
- Multi-Bet
- A bet that combines several selections into one wager, similar to an accumulator but often allowing mixed markets.
- Odds
- The chance of a particular outcome happening, expressed as a number that determines how much you can win relative to your stake.
- Over/Under
- A bet on whether the total number of goals scored in a match will be higher or lower than a set number.
- ROI
- Return on Investment; a measure of the profit or loss generated relative to the total amount wagered.
- Single Bet
- A straightforward bet on a single outcome, with win or loss determined by that one selection.
- Stake
- The amount of money you risk on a particular bet.
- System Bet
- A bet that covers multiple combinations of selections, allowing you to win even if some of your picks lose.
- Unit
- A standardized portion of your bankroll used to size bets consistently, often expressed as a percentage or fixed amount.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, indicating a potential edge.