Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- An accumulator links several bets together, multiplying the odds, and requires every selection to win for a return.
- American Odds
- American odds use a plus sign to show how much you win on a $100 bet, or a minus sign to show how much you must bet to win $100.
- Arbitrage
- Arbitrage, or ‘arbing’, exploits differing odds across bookmakers to guarantee a profit regardless of the outcome.
- Asian Handicap
- Asian handicap gives a team a positive or negative goal advantage to eliminate the draw and level the betting field.
- Bankroll
- Your bankroll is the total amount of money you have set aside for placing bets.
- Bet Builder
- Bet builder allows you to combine multiple markets from the same match into one customized wager with combined odds.
- Bet Slip
- A bet slip is the electronic record that lists your chosen markets, odds, stake, and total potential payout before you confirm a bet.
- Cash Out
- Cash out lets you settle a bet before the event ends, either securing a profit or limiting a loss based on current odds.
- Closing Line
- The closing line is the final set of odds just before an event begins; beating it often signals a well‑placed wager.
- Decimal Odds
- Decimal odds show the total return for each unit wagered, including the original stake, as a single number.
- Double Chance
- Double chance covers two of the three possible match results, increasing your chance of winning while lowering the odds.
- Fractional Odds
- Fractional odds display the profit you can earn relative to your stake, shown as a fraction such as 5/2.
- Full-Time Result
- Full‑time result is a 1X2 bet on whether the match will end in a home win, draw, or away win at the end of regulation.
- Half-Time Bet
- A half‑time bet is a wager on the outcome at the end of the first half only.
- Hedge
- Hedging means placing an opposite bet to lock in a profit or reduce potential loss on an existing wager.
- In-Play Betting
- In‑play betting lets you place bets after the match has started, with odds that change as the action unfolds.
- Moneyline
- A moneyline bet is a wager on which team will win the match outright, with odds reflecting the probability of each side winning.
- Odds
- Odds represent the likelihood of an outcome and indicate how much you can win relative to your stake.
- Outright Bet
- An outright bet is a wager on the overall winner of a tournament, league, or competition, rather than a single match.
- Over/Under
- An over/under bet predicts whether the total number of goals scored in a match will be higher or lower than a set figure.
- Point Spread
- A point spread bet assigns a margin of victory to the favorite, requiring them to win by more than that number for the bet to pay.
- Push
- A push occurs when the result lands exactly on the spread or total, resulting in the stake being returned with no winner.
- Stake
- The stake is the amount of money you risk on a bet, and it determines the size of your potential payout.
- Value Bet
- A value bet occurs when the odds offered are higher than the true probability suggests, giving an edge over the bookmaker.
- Void
- A void bet is canceled and your stake is refunded, usually because the event was postponed or a market was ruled invalid.