Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- An accumulator is a type of parlay where you chain several outcomes together; each added selection boosts the odds and the payout.
- Asian Handicap
- Asian handicap is a spread betting system that eliminates the draw outcome and uses quarter‑goal increments to reduce ties.
- Bankroll
- Your bankroll is the total amount of money you have set aside for betting, used to manage risk and stake size.
- Bet Builder
- Bet builder is a feature that lets you combine multiple markets from the same match into a single custom wager.
- Bet Slip
- A bet slip is a digital record that lists your selected wagers, stake amounts, and potential returns before you confirm a bet.
- Bookmaker
- A bookmaker (or bookie) is a person or company that sets odds and accepts bets from customers.
- Both Teams to Score
- Both Teams to Score (BTTS) is a market where you bet on whether each side will score at least one goal during the match.
- Cash Out
- Cash out lets you settle a bet before the event ends, locking in a profit or limiting a loss based on current odds.
- Correct Score
- Correct Score is a bet that predicts the exact final score of a match, offering high odds for precise predictions.
- Double Chance
- Double Chance allows you to cover two of the three possible match outcomes in one bet, improving your chances of winning.
- Draw No Bet
- Draw No Bet removes the draw outcome, returning your stake if the match ends in a tie; you win if your chosen team wins.
- Edge
- Edge describes a bettor’s perceived advantage over the sportsbook; a positive edge means the odds offer more value than the true probability.
- First Goal Scorer
- First Goal Scorer (FGS) is a market where you pick the player you think will score the opening goal of the match.
- In-Play Betting
- In‑play betting allows you to place bets on a match while it is happening, with odds that update in real time.
- Kelly Criterion
- Kelly Criterion is a mathematical formula that calculates the optimal percentage of your bankroll to wager based on your edge.
- Moneyline
- A moneyline bet is a straightforward wager on which team will win a match, with odds expressed as a positive or negative number.
- Odds
- Odds represent the likelihood of an outcome and determine how much you can win for each unit wagered.
- Over/Under
- Over/Under bets predict whether the total number of goals scored in a match will be higher or lower than a set figure.
- Parlay
- A parlay combines multiple selections into a single wager; all picks must win for the bet to pay out, increasing the potential reward.
- Payout
- A payout is the total amount you receive when a bet wins, including your original stake plus the profit.
- Point Spread
- The point spread assigns a handicap to the favored team to level the betting field, requiring them to win by a certain margin.
- Sportsbook
- A sportsbook is a platform, either online or physical, where you can place bets on sporting events such as football matches.
- Stake
- The stake is the amount of money you risk on a bet; winning returns include your stake multiplied by the odds.
- Units
- Units are a standardized measure of bet size, often a small percentage of your bankroll, used to track performance consistently.
- Vig (Juice)
- Vig, also called juice, is the commission a sportsbook charges on a bet, built into the odds to ensure a profit.