Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Arbitrage
- Exploiting differences in odds across bookmakers to guarantee a profit from all possible results.
- Asian Handicap
- A spread betting style that eliminates the draw outcome and offers half‑goal or quarter‑goal lines.
- Bankroll
- The total amount of money set aside for betting activities.
- Bookmaker
- A company that sets odds and accepts bets on sporting events.
- Both Teams To Score
- A bet on whether each side will score at least one goal during the match.
- Cash Out
- A feature allowing you to settle a bet before the match ends, locking in a profit or minimizing loss.
- Correct Score
- A wager predicting the exact final score of a match.
- Double Chance
- A bet covering two of the three possible outcomes (e.g., home win or draw) in a single wager.
- Draw No Bet
- A market where you bet on 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 opening goal of the match.
- Futures Bet
- A long‑term bet placed before the tournament begins, such as predicting the World Cup winner.
- Hedging
- Placing additional bets to reduce risk or guarantee a profit regardless of the outcome.
- Juice
- The commission a bookmaker charges for accepting a bet, typically built into the odds.
- Live Betting
- Placing bets on events while the match is in progress, with odds that update in real time.
- Moneyline
- A bet on which team will win the match outright, with odds expressed as a positive or negative number.
- Odds
- The numerical representation of the likelihood of an outcome, indicating how much you can win relative to your stake.
- Over/Under
- A bet on whether the total number of goals in a match will be more or less than a set figure.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out.
- Point Spread
- A handicap given to the underdog to level the playing field, expressed as a number of goals.
- Proposition Bet
- A wager on a specific event within a match, such as which player scores first.
- Push
- When a bet ends in a tie for the spread, resulting in the stake being returned.
- Stake
- The amount of money you wager on a single bet.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, suggesting potential profit.