Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Asian Handicap
- Asian Handicap gives a fractional or whole goal advantage or disadvantage to a team, eliminating the draw option.
- Bankroll
- Bankroll is the total amount of money you have set aside for betting.
- Bookmaker Margin
- Bookmaker Margin is the built-in advantage a bookmaker has in the odds, ensuring they make a profit over the long term.
- Cash Out
- Cash Out lets you settle a bet before the event ends, locking in a profit or loss based on current odds.
- Closing Line
- Closing Line is the final set of odds offered just before an event starts, often used to assess betting performance.
- Deposit Bonus
- Deposit Bonus matches a percentage of your deposit with bonus funds, subject to wagering conditions.
- Edge
- Edge is the statistical advantage a bettor believes they have over the bookmaker’s odds.
- Expected Value
- Expected Value estimates the average amount you can expect to win or lose per bet over time.
- Free Bet
- Free Bet is a promotional credit you can use to place a bet without risking your own money.
- Juice
- Juice is the commission a bookmaker charges on a bet, usually built into the odds.
- KYC
- KYC is the process of verifying a player's identity to prevent fraud and ensure compliance with regulations.
- Live Betting
- Live Betting allows you to place bets on a match while it is in progress, with odds updating in real time.
- Moneyline
- Moneyline is a bet on which team will win a match, with odds expressed as a positive or negative number.
- Odds
- Odds represent the likelihood of a specific outcome happening and determine how much you can win if your bet is correct.
- Over/Under
- Over/Under is a bet on whether the total number of goals scored in a match will be higher or lower than a set number.
- Parlay
- Parlay combines multiple bets into one, so all selections must win for the bet to pay out, offering higher odds.
- Point Spread
- Point spread is a handicap given to the favorite team to level the playing field, requiring them to win by a certain margin.
- Responsible Gambling
- Responsible Gambling refers to practices and tools that help you bet safely and within your means.
- ROI
- ROI measures the profit or loss generated relative to the amount of money you have wagered.
- Self-Exclusion
- Self-Exclusion is a tool that lets you block yourself from betting on the site for a set period.
- Stake
- Stake is the amount of money you risk on a bet.
- Unit
- Unit is a standard measurement of bet size, usually a percentage of your bankroll, used to manage risk.
- Value Bet
- Value bet occurs when the odds offered by a bookmaker 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 withdrawing any winnings.