Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- Accumulator is a multi-selection bet where winnings roll over each winning leg, increasing potential payout.
- Arbitrage
- Arbitrage is the practice of betting on all possible outcomes across different bookmakers to guarantee a profit.
- Asian Handicap
- Asian Handicap eliminates the draw by giving a half-goal advantage or disadvantage to each team.
- Back Bet
- Back Bet is when you bet for an outcome to occur.
- Bankroll
- Bankroll is the total money you have set aside for betting.
- Bet Builder
- Bet Builder lets you combine several markets from the same match into a single wager.
- Cash Out
- Cash Out allows you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Decimal Odds
- Decimal odds show the total return for each unit staked, including the original stake.
- Enhanced Odds
- Enhanced Odds are promotional odds that are higher than the normal market odds.
- Fractional Odds
- Fractional odds display the profit relative to the stake as a simple fraction.
- Free Bet
- Free Bet is a no-cost bet credited to your account, usually with certain restrictions.
- In-Play Betting
- In-Play Betting lets you place a bet after the match has started, with odds that update live.
- Lay Bet
- Lay Bet is when you bet against an outcome happening, typically on a betting exchange.
- Live Betting
- Live Betting is the same as in-play betting, where odds change during the event.
- Moneyline
- Moneyline is a bet on which team will win the match, with odds expressed as a positive or negative number.
- No Deposit Bonus
- No Deposit Bonus is a reward you receive just for signing up, without needing to deposit money.
- Odds
- Odds represent the likelihood of an outcome and determine how much you can win.
- Over/Under
- Over/Under is a wager on whether a specific statistic will be higher or lower than a set line.
- Parlay
- Parlay links multiple selections in one bet; all must win for a payout.
- RTP
- RTP, or Return to Player, is the percentage of total wagers that a game returns to players over time.
- Single Bet
- Single Bet is a straightforward wager on one outcome.
- Spread
- Spread is a handicap given to the underdog to make both teams equally attractive to bettors.
- Stake
- Stake is the amount of money you risk on a bet.
- Value Bet
- Value Bet occurs when the odds offered are higher than the true probability of the outcome.
- Wagering Requirement
- Wagering Requirement is the number of times you must bet the bonus amount before you can withdraw winnings.