Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- A type of bet similar to a parlay where multiple selections are combined into one wager, with winnings rolling over after each win.
- Asian Handicap
- A handicap system that eliminates the draw option and uses half‑goal increments to avoid push scenarios.
- Bankroll
- The total amount of money set aside for betting activities.
- Bet Builder
- A feature that lets you combine multiple markets from a single match into one custom wager.
- Bookmaker Margin
- The built‑in profit margin in the odds, also called the 'juice' or 'vig', representing the bookmaker's commission.
- Cash Out
- The option to settle a bet before the event ends, locking in a profit or limiting a loss based on current odds.
- Edge
- A perceived advantage you have over the bookmaker's odds, often identified through analysis or information.
- Handicap
- A points adjustment applied to a team's final score to create a more balanced betting line.
- Hold
- The percentage of total bets that a sportsbook retains after paying out winners, indicating the bookmaker's profit.
- In-play
- Betting on events while a match is already in progress, with odds that update as the game unfolds.
- Juice
- The bookmaker's commission, typically a percentage added to the odds that ensures the house makes a profit.
- Live betting
- Another term for in‑play betting, allowing bettors to place wagers during a live match.
- Moneyline
- A straight bet on which team will win a match, with odds expressed as a positive or negative number.
- Odds
- The numerical expression of the likelihood of a particular outcome, used to calculate potential payouts.
- Over/Under
- A bet on whether the total number of points, goals, or runs in a match will be over or under a set figure.
- Parlay
- A single bet that links together two or more individual wagers and pays out only if all selections win.
- Push
- A tie outcome in a bet where the original stake is returned and no winner is declared.
- ROI
- Return on Investment, measuring the profitability of your bets relative to the amount of money risked.
- Spread
- The points margin set by a bookmaker that a team must cover for a bet on them to win.
- Stake
- The amount of money you place on a bet.
- Unit
- A standardized measurement of bet size, usually representing a small percentage of your total bankroll.
- Value Bet
- A wager where the odds offered by the bookmaker are higher than the true probability of the outcome, suggesting a positive expected value.
- Vig
- Short for vigorish, another term for the bookmaker's margin or commission embedded in the odds.
- Yield
- The net profit generated from a series of bets expressed as a percentage of the total amount wagered.