Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Acca
- Acca is slang for an accumulator, a bet that links multiple outcomes and pays only if all of them win.
- Arbitrage
- Arbitrage is betting on all possible outcomes across different books to guarantee a profit regardless of the result.
- Asian Handicap
- Asian Handicap is a handicap market that removes the draw option and uses quarter‑goal lines for finer control.
- Back Bet
- Back Bet is a standard bet that an outcome will happen, the opposite of a lay bet.
- Bankroll
- Bankroll is the total money you have set aside for betting.
- Bet Builder
- Bet Builder is a tool that lets you create a custom bet by picking different markets from the same match.
- Bonus
- Bonus is extra funds or free bets added to your account, often with conditions attached before you can withdraw.
- Cash Out
- Cash Out lets you settle a bet early, either locking in a profit or cutting a loss before the match ends.
- Free Bet
- Free Bet is a no-cost bet offered by the sportsbook; you only keep the profit, not the stake.
- Handicap
- Handicap is a betting line that evens the chances by giving one team a goal advantage or disadvantage.
- House Edge
- House Edge is the sportsbook’s built‑in advantage in any market, expressed as a percentage of each bet.
- In-Play
- In-Play betting means placing bets on a match while it is happening, with odds that change as the game unfolds.
- Lay Bet
- Lay Bet is a wager that an outcome will not happen, typically used on betting exchanges.
- Live Betting
- Live Betting is the same as In-Play, allowing you to wager on events as they occur in real time.
- Matched Betting
- Matched Betting uses free bets to create a risk‑free profit by covering every result of an event.
- Moneyline
- Moneyline is a bet on which team will win the match, with odds shown as a positive or negative number.
- Odds
- Odds represent the likelihood of an outcome and determine how much you can win if your bet is correct.
- Odds Format
- Odds Format is the style in which odds are displayed, such as decimal, fractional, or American.
- Over/Under
- Over/Under is a bet on whether the total goals scored in a match will be more or less than a set number.
- Parlay
- Parlay is a single bet that combines two or more selections; every selection must win for the parlay to pay out.
- RTP
- RTP, or Return to Player, is the percentage of total bets a game pays back to players over a long period.
- Spread
- Spread is a points adjustment that gives the underdog an artificial head start or the favorite a deficit to overcome.
- Stake
- Stake is the amount of money you put on a bet.
- Value Bet
- Value Bet is a wager where the odds are higher than the true chance of the outcome, giving you an expected profit.
- Wagering Requirement
- Wagering Requirement is the number of times you must bet a bonus before you can cash out any winnings.