Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Asian Handicap
- A type of bet that gives one team a virtual head start or disadvantage to balance the odds.
- Back Bet
- A bet that a particular outcome will happen, such as betting for a team to win.
- Bankroll
- The total amount of money you have set aside for betting.
- Bet Builder
- A feature that lets you combine multiple markets from the same match into a single wager.
- Bet Insurance
- A promotion that refunds your stake if a specific condition is met, such as your bet losing by one goal.
- Cash Out
- An option to settle your bet before the event ends, locking in a profit or minimizing loss.
- Draw No Bet
- A bet that refunds your stake if the match ends in a draw, essentially removing the draw outcome.
- Enhanced Odds
- Promotional odds that are higher than the normal market odds, increasing potential payout.
- Free Bet
- A bet credited by the bookmaker that can be used to place a wager without risking your own money.
- In-Play
- Bets placed after the match has started, with odds that update as the game progresses.
- Lay Bet
- A bet that a particular outcome will not happen, such as betting against a team winning.
- Margin
- The bookmaker's built-in advantage, expressed as a percentage, that ensures they make a profit over time.
- Moneyline
- A bet on which team will win the match, with odds reflecting the likelihood of each outcome.
- No-Risk Bet
- A bet refunded if it loses, usually offered as a promotion to new customers.
- Odds Comparison
- A tool that shows the different odds offered by various bookmakers for the same event.
- Over/Under
- A bet on whether the total number of goals in a match will be more or less than a set number.
- Parlay
- A single bet that combines two or more selections, all of which must win for the bet to pay out.
- Point Spread
- A bet on the margin of victory, where one team is given a handicap to level the playing field.
- Price Boost
- A boost to the odds of a specific selection, offered as a promotion to attract bets.
- Round Robin
- A series of smaller parlay bets created from a list of selections, covering all possible combinations.
- Stake
- The amount of money you wager on a bet.
- Surebet
- A bet that guarantees a profit regardless of the outcome, by betting on all possible results with different bookmakers.
- Unit
- A standardized bet size, often a percentage of your bankroll, used to manage risk.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an edge.