Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- A multi‑selection bet where each winning selection rolls the payout into the next, multiplying returns.
- American Odds
- Odds displayed as a positive (e.g., +150) or negative (e.g., -120) number; positive shows profit on a $100 bet, negative shows amount needed to win $100.
- Arbitrage
- Exploiting differing odds across sportsbooks to guarantee a profit regardless of the result.
- Asian Handicap
- A spread betting system that eliminates the draw by giving a goal advantage or disadvantage to each team.
- Bankroll
- The total amount of money set aside for betting; managing it helps avoid overspending.
- Cash Out
- A feature allowing you to settle a bet before the event ends, locking in a profit or minimizing loss.
- Decimal Odds
- Odds expressed as a single number (e.g., 2.50) that includes the stake; multiply your bet by this to get total return.
- Expected Value
- The average amount you can expect to win or lose per bet if placed repeatedly.
- Fractional Odds
- Odds shown as a fraction (e.g., 5/2) that indicate profit relative to the stake.
- Free Bet
- A promotional credit you can use to place a bet; winnings (but not the stake) are usually returned.
- Hedge
- Betting on the opposite outcome to reduce risk or guarantee a profit.
- In-Play Betting
- Placing a bet after a match has started, with odds that update as the game progresses.
- KYC
- "Know Your Customer," the process of verifying your identity to comply with regulations and prevent fraud.
- Maximum Bet
- The highest amount a sportsbook will accept on a specific wager.
- Moneyline
- A bet on which team will win a match, with odds shown as a positive or negative number indicating the payout.
- Odds
- The numerical representation of the likelihood of an outcome, determining how much a winning bet pays.
- Over/Under
- A bet on whether the total number of goals or points scored in a match will be higher or lower than a set line.
- Parlay
- A single bet that links two or more selections; all must win for the parlay to pay out.
- Point Spread
- A handicap given to the underdog team to level the betting field, expressed as a number of goals or points.
- Self-Exclusion
- A tool that lets you block yourself from betting on the platform for a set period.
- Stake
- The amount of money you place on a bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an edge.
- Vigorish
- The commission a sportsbook charges for taking a bet, often built into the odds.
- Wagering Requirement
- The number of times you must bet a bonus before you can withdraw any winnings.