Knowledge Base

Glossary

Plain-English definitions for the terminology used across Match Daily.

Arbitrage: Arbitrage is exploiting differences in odds across bookmakers to guarantee a profit regardless of the outcome.
Asian Handicap: Asian handicap is a handicap system that removes the draw option and uses half-ball or quarter-ball lines to reduce risk.
Bankroll: Bankroll is the total amount of money you set aside for placing bets.
Bonus: A bonus is extra funds credited by a bookmaker, usually with conditions you must meet before withdrawing.
Both Teams To Score: Both teams to score is a bet on whether each side will find the net at least once during the match.
Cash Out: Cash out allows you to settle a bet before the event ends, locking in a profit or limiting a loss.
Correct Score: Correct score is a wager that predicts the exact final score of a match.
Double Chance: Double chance covers two of the three possible outcomes, such as a home win or a draw.
Draw No Bet: Draw no bet lets you back a team to win; if the match ends in a draw your stake is refunded.
Edge: Edge is a perceived advantage you have over the bookmaker’s odds, giving you a better chance of profit.
First Goal Scorer: First goal scorer is a bet on which player will score the opening goal of the game.
Free Bet: A free bet is a no-cost bet offered by a bookmaker, allowing you to wager without using your own money.
Hedge: Hedge is placing an additional bet to offset risk or lock in a profit on an existing wager.
In-Play Betting: In-play betting lets you place a wager after the match has started, with odds that change as the game progresses.
Juice (Vig): Juice, or vig, is the commission a bookmaker includes in the odds, representing their guaranteed profit on each bet.
Moneyline: A moneyline is a straightforward bet on which team will win the match, with odds shown as positive or negative numbers.
Odds: Odds are numbers that tell you how likely something is to happen and how much money you’ll win if your bet is correct.
Over/Under: An over/under bet predicts whether the total number of goals in a match will be higher or lower than a set number.
Parlay: A parlay is a single bet that combines two or more selections; all must win for you to receive a payout.
Payout: Payout is the total sum returned from a winning bet, including your original stake.
Sharp: A sharp is a highly skilled bettor who consistently finds value bets and wins over the long term.
Spread: A spread, or point spread, gives the underdog a fictional advantage and the favorite a deficit to make the betting more even.
Stake: Stake is the amount of money you risk on a single bet.
Unit: A unit is a standard bet size, usually a small percentage of your bankroll, used to manage risk.
Wagering Requirement: Wagering requirement is the number of times you must bet a bonus before any winnings can be taken out.