Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- An accumulator is a single bet that links multiple selections; all must win for you to receive a payout.
- Arbitrage
- Arbitrage exploits differences in odds across bookmakers to guarantee a profit by betting all possible outcomes.
- Asian Handicap
- Asian handicap assigns a positive or negative goal advantage to a team to balance the match, removing the draw option.
- Banker
- A banker is a selection you consider almost certain to win, often used to anchor more risky bets in an accumulator.
- Bet Slip
- A bet slip is a record that lists the selections you have made and the potential payout for your wagers.
- Bookmaker
- A bookmaker is a company that sets odds and accepts bets on sporting events and other outcomes.
- Both Teams To Score
- Both Teams To Score (BTTS) is a wager that wins if each side scores at least one goal during the match.
- Cash Out
- Cash out lets you settle a bet before the event ends, locking in a profit or limiting a loss based on the current odds.
- Correct Score
- Correct Score is a bet that requires you to predict the exact final score of a match.
- Dutching
- Dutching spreads your stake across multiple outcomes so that you profit regardless of which one wins.
- House Edge
- House edge is the mathematical advantage a bookmaker holds over players, expressed as a percentage of each wager.
- Juice
- Juice, also called vig, is the commission a bookmaker charges for taking a bet, built into the odds.
- Kelly Criterion
- Kelly Criterion is a formula that calculates the optimal size of a bet based on your perceived edge and the odds.
- KYC
- KYC (Know Your Customer) is the process a bookmaker uses to verify a player's identity and prevent fraud.
- Live Betting
- Live betting allows you to place wagers on a match while it is in progress, with odds that update as the game unfolds.
- Odds
- Odds represent the likelihood of a specific outcome and determine how much you can win relative to your stake.
- Over/Under
- Over/Under bets predict whether the total number of goals, points, or other metrics will be above or below a set line.
- Parlay
- A parlay is a bet that combines two or more outcomes, and only pays out if every selection wins.
- Responsible Gambling
- Responsible gambling refers to practices and policies that help players stay in control and avoid harmful betting behavior.
- RTP
- RTP, or Return to Player, is the percentage of total wagers a betting game returns to players over time.
- Self-Exclusion
- Self-exclusion is a tool that allows you to temporarily or permanently block yourself from placing bets on a site.
- Stake
- Stake is the amount of money you wager on a bet.
- Value Bet
- A value bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome, giving you an expected edge.
- Wagering Requirement
- A wagering requirement states how many times you must bet a bonus amount before you can withdraw any winnings.