Skip to content
Knowledge Base

Glossary

Plain-English definitions for the terminology used across Match Daily.

001
Accumulator
An accumulator is a bet that links multiple outcomes into one, increasing the odds, and pays only if every selection wins.
002
Asian Handicap
Asian handicap is a handicap style that eliminates the draw by using quarter‑goal lines, offering two possible outcomes.
003
Bankroll
Your bankroll is the total money you set aside for betting, separate from everyday finances.
004
Bet Slip
A bet slip is the digital record where you list your chosen bets and confirm the amount you wish to wager.
005
Both Teams to Score
Both Teams to Score is a bet on whether each side will score at least one goal during the match.
006
Cash Out
Cash Out allows you to settle a bet before the event ends, locking in a profit or limiting a loss.
007
Double Chance
Double Chance lets you cover two of the three possible match results in one wager, lowering the risk.
008
Free Bet
A free bet is a promotional token you can use to place a wager without risking your own money.
009
Handicap
A handicap gives one team a point advantage or disadvantage to make the betting line more balanced.
010
In-Play
In‑Play means placing a bet on a match while it is happening, with odds that update as the game unfolds.
011
KYC
KYC stands for Know Your Customer, a verification process required to confirm your identity before betting.
012
Line Movement
Line movement is the change in odds or spreads over time due to betting activity.
013
Odds
Odds indicate how much you can win relative to your stake; they reflect the implied probability of an outcome.
014
Odds Boost
An odds boost is a promotion that increases the odds on a specific selection, offering a larger potential payout.
015
Odds Format
Odds format is the way odds are displayed, such as decimal, fractional, or moneyline, affecting how you calculate payouts.
016
Over/Under
Over/Under is a bet on whether a specific stat, like total goals, will be higher or lower than a set number.
017
Parlay
A parlay is a single bet that combines two or more selections; all must win for you to get a payout.
018
Payout
A payout is the total amount you receive if your bet wins, including your original stake.
019
Public Money
Public money refers to the volume of bets placed by recreational bettors, often influencing line shifts.
020
Sharp
A sharp is a knowledgeable bettor whose betting actions often cause line movements.
021
Spread
The spread is the bookmaker’s predicted margin of victory, used to create balanced betting action on both sides.
022
Stake
The stake is the amount of money you risk on a bet.
023
Unit
A unit is a standard bet size, usually a small percentage of your bankroll, used to manage risk.
024
Value Bet
A value bet occurs when the odds offered are higher than the true probability suggests, giving you an edge.
025
Vig
Vig is the commission built into the odds that guarantees the bookmaker a profit, also called juice.