Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Asian Handicap
- Asian Handicap is a spread betting system that gives one team a virtual advantage or disadvantage, removing the draw as a possible outcome.
- Bankroll
- Bankroll is the total amount of money you set aside exclusively for placing bets.
- Bet Builder
- Bet Builder is an online tool that lets you combine multiple outcomes from the same match—such as goals, cards, or corners—into a single wager.
- 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 allows you to settle your bet before the event ends, locking in a guaranteed profit or limiting a loss.
- Correct Score
- Correct Score is a market where you bet on the exact final score of a match, such as 2‑1 or 3‑0.
- Double Chance
- Double Chance lets you cover two of the three possible match outcomes—like a win for either side or a draw—in one bet.
- Draw No Bet
- Draw No Bet is a market where you pick a team to win; if the match ends in a draw, your stake is refunded.
- Expected Value
- Expected Value (EV) measures the average amount you can expect to win or lose per bet if you repeated it many times.
- First Goalscorer
- First Goalscorer is a bet on which player will score the first goal in the match.
- Fixed Odds
- Fixed Odds are the odds set at the moment you place your bet; they stay the same even if the market odds later change.
- Half-Time/Full-Time
- Half-Time/Full-Time is a bet that asks you to predict both the result at half‑time and the result at the end of the match.
- In-Play
- In-Play betting, also called live betting, lets you place wagers after the match has started, with odds that update as the game progresses.
- Juice
- Juice, also known as vig, is the commission built into the odds that ensures the bookmaker makes a profit regardless of the result.
- Margin
- Margin is the overall percentage the bookmaker keeps from the odds across all possible outcomes, representing their built-in edge.
- Odds Comparison
- Odds comparison is the process of checking the prices offered by different bookmakers to find the best potential return for a bet.
- Over/Under
- Over/Under is a bet on whether the total number of goals (or points) in a match will be higher or lower than a set line.
- Parlay
- A parlay is a single bet that links two or more individual selections; all of them must win for you to receive a payout.
- Payout
- Payout is the total amount of money returned to you after a winning bet, including your original stake plus any profit.
- Push
- Push occurs when a betting line lands exactly on the final result, causing all bets on that line to be refunded.
- Risk-Free Bet
- A Risk-Free Bet is a promotion where the bookmaker refunds your lost stake up to a certain amount, usually as a free bet.
- Stake
- Stake is the amount of money you risk on a single bet.
- Value Bet
- A Value Bet is a wager where the odds offered are higher than the true probability of the outcome, suggesting a positive expected return over time.
- Wagering Requirement
- Wagering Requirement is the number of times you must bet a bonus or free bet before you can withdraw any winnings from it.