Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- A bet that combines multiple selections into one wager; all must win for a return.
- Asian Handicap
- A handicap system that eliminates the draw option and offers two outcomes, often with half‑goal lines to avoid ties.
- Bankroll
- The total amount of money set aside for betting, used to manage your wagers.
- Bet Builder
- An online tool that lets you create a custom bet by combining different markets from the same match.
- Bookmaker
- A company or person that sets odds and accepts bets on sporting events.
- Cash Out
- The option to settle a bet before the event ends, either locking in a profit or cutting a loss.
- Edge
- An advantage you have over the sportsbook, usually derived from superior information or analysis.
- Futures Bet
- A wager placed on an event that will be decided in the future, such as which team will win the World Cup.
- Handicap
- A scoring advantage or disadvantage given to a team to balance the odds, similar to a point spread.
- In-Play Betting
- Placing a bet after the match has started, with odds that update in real time as the game unfolds.
- Juice
- Another term for vig; the extra margin added to odds that ensures the bookmaker profit.
- Lay Betting
- Betting against an outcome, such as backing a team to lose, often done on a betting exchange.
- Line Movement
- Changes in the betting odds or point spread over time, reflecting new information or betting volume.
- Moneyline
- A straightforward bet on which team will win the match, with odds displayed as a positive or negative number.
- Over/Under
- A bet on whether the total combined score of a match will be higher or lower than a number set by the sportsbook.
- Parlay
- A single bet that links two or more individual wagers; all selections must win for the parlay to payout.
- Point Spread
- A handicap applied to the favored team to level the playing field, requiring them to win by a certain margin for the bet to pay.
- Proposition Bet
- A side bet on a specific outcome within a match, like which player scores first, not related to the final result.
- Sportsbook
- A platform, either online or physical, where you can place bets on sports events.
- Square
- A casual or recreational bettor whose betting patterns are often predictable to the sportsbook.
- Stake
- The amount of money you risk on a single bet.
- Unit
- A standard measure of bet size, often a fixed percentage of your bankroll, to keep wagering consistent.
- Vig
- The commission or fee a sportsbook charges for taking a bet, built into the odds.