Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- A type of parlay where winnings from one selection roll onto the next, increasing potential payout.
- Arbitrage
- Exploiting differences in odds across bookmakers to guarantee a profit regardless of outcome.
- Asian Handicap
- A spread betting system that eliminates the draw by giving half‑goal or quarter‑goal advantages.
- Bankroll
- The total amount of money set aside for betting.
- Bankroll Management
- Strategies for controlling how much you bet to protect your funds over the long term.
- Bet Builder
- A tool that allows you to combine multiple markets from the same match into a single wager.
- Bookmaker Margin
- The overall percentage of the total odds that the bookmaker keeps as profit.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or loss.
- Dutching
- Distributing your stake across several outcomes to guarantee a profit or minimize loss.
- Handicapping
- Evaluating teams or players to estimate their chances and find betting value.
- In‑Play
- Another term for live betting, used to describe odds offered during the game.
- Juice (Vig)
- The commission a bookmaker charges, built into the odds, expressed as a percentage.
- Kelly Criterion
- A formula that calculates the optimal fraction of your bankroll to wager based on your edge.
- Line Movement
- The change in odds or spreads over time as more bets are placed.
- Live Betting
- Placing bets after a match has started, with odds that update in real time.
- Matched Betting
- Using free bets and promotions to create risk‑free wagers by covering all possible results.
- Moneyline
- A bet on which team will win a match, with odds displayed as a positive or negative number.
- Odds
- The likelihood of an outcome expressed as a number that determines the payout.
- Over/Under
- A bet on whether the total number of points, goals, or other stats will be higher or lower than a set line.
- Parlay
- A single bet that links multiple selections; all must win for a payout.
- Point Spread
- A handicap given to a team to level the betting field, expressed as a margin of points.
- Stake
- The amount of money you place on a bet.
- Steam
- Rapid, heavy betting activity that causes odds to shift quickly on a particular market.
- Unit
- A standardized amount of your bankroll used to size bets consistently.
- Value Bet
- A selection where the odds offered are higher than the true probability suggests, giving an edge.