Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Acca
- A single bet that links multiple selections; all must win for the bet to pay out, multiplying the odds.
- Arbitrage
- Exploiting differing odds across bookmakers to guarantee a profit regardless of the result.
- Asian Handicap
- A spread betting system that eliminates the draw and uses quarter‑goal increments to reduce ties.
- Bankroll Management
- The practice of setting a budget for betting and deciding how much to stake on each wager.
- Bet Builder
- A feature that lets you combine different markets from the same match into one custom bet.
- Cash Out
- The option to settle a bet early for a reduced payout, locking in profit or limiting loss before the event ends.
- Closing Line
- The final set of odds offered just before an event starts; beating the closing line indicates a good value bet.
- Dutching
- Placing multiple bets on different outcomes in the same event to spread risk and secure a profit.
- Expected Value
- The average amount you can expect to win or lose per bet if the same situation is repeated many times.
- Hedge
- Placing a second bet on the opposite outcome to reduce potential loss or secure a guaranteed profit.
- Kelly Criterion
- A formula used to calculate the optimal fraction of your bankroll to bet based on the perceived edge.
- Live Betting
- Placing bets on a match while it is in progress, with odds that update as the game unfolds.
- Lock
- A bet considered almost certain to win, often promoted as a “sure thing” by tipsters.
- Moneyline
- A bet on which team will win a match, with odds shown as a positive or negative number.
- Odds Boost
- A promotion that increases the payout odds on a specific bet, giving you a higher potential return.
- Odds Movement
- The change in odds over time, often driven by betting volume, team news, or line shifts.
- Over/Under
- A wager on whether the total number of goals in a match will be higher or lower than a set figure.
- Parlay
- A bet that combines two or more selections; all must win for a return, similar to an accumulator.
- Point Spread
- A handicap given to the favorite team to level the betting field, expressed as a number of goals.
- Pre-Match
- Betting on a match before it starts, using fixed odds set by the bookmaker.
- Stake
- The amount of money you risk on a single bet.
- Tip
- A prediction or recommendation from an expert or service about which bet to place.
- Unit
- A standardized measure of bet size, usually representing a small percentage of your total bankroll.
- Value Bet
- A wager where the odds offered are higher than the true probability of the outcome, giving an expected advantage.
- Vigorish
- The commission or margin a bookmaker builds into the odds, ensuring a profit over the long term.