Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Arbitrage
- Exploiting differences in odds across bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A spread bet that eliminates the draw outcome by giving a virtual advantage or disadvantage to each team, expressed in half or quarter goals.
- Bankroll
- The total amount of money set aside for betting, used to manage risk and track performance.
- Both Teams to Score
- A bet on whether each side will score at least one goal during the match.
- Cash Out
- A feature allowing you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Clean Sheet
- A bet on whether a team will finish the match without conceding a goal.
- Correct Score
- A bet predicting the exact final score of a match, offering high odds due to its difficulty.
- Double Chance
- A bet that covers two of the three possible outcomes (win, draw, win) in a match, reducing risk.
- Draw No Bet
- A bet that returns your stake if the match ends in a draw, otherwise you win if your chosen team wins.
- Edge
- The statistical advantage a bettor believes they have over the bookmaker's odds.
- Futures
- A long‑term bet placed on an event that will be decided later, such as which team will win the World Cup.
- Golden Boot
- A futures wager on which player will score the most goals throughout the tournament.
- Half‑Time/Full‑Time
- A bet that requires predicting both the result at halftime and the result at the end of the match.
- Juice
- The commission or fee a bookmaker adds to the odds, often seen as a percentage that ensures the house edge.
- Live Betting
- Placing a bet while the match is in progress, with odds that shift as the game unfolds.
- Moneyline
- A bet on which team will win the match, with odds expressed as a number (positive or negative) indicating payout.
- Odds
- The numerical price of a bet that reflects the implied probability of an outcome and determines the payout.
- Over/Under
- A bet on whether the total number of goals in a match will be higher or lower than a number set by the bookmaker.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay, offering higher odds than betting each separately.
- Penalty Shootout
- A bet on the outcome of a shootout after a knockout match ends tied, including total goals or the winning team.
- Single Bet
- A straightforward bet on one outcome, such as a moneyline win or a specific result.
- Spread
- The bookmaker's assigned margin that the favored team must win by for a spread bet to pay out.
- Staking Plan
- A method for deciding how much to wager on each bet, based on bankroll and confidence level.
- Unit
- A standardized bet size, often a fraction of your bankroll, used to maintain consistent stake sizing.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an expected advantage.