Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- A single bet that links two or more individual selections; all must win for the bet to pay out.
- Asian Handicap
- A spread betting system that gives a head start or deficit to teams, eliminating the draw outcome and adjusting odds.
- Bankroll
- The total amount of money set aside by a bettor for placing bets.
- Bet Builder
- An online feature that lets you combine multiple markets from the same match into one custom wager.
- Bet Settlement
- The final step where the bookmaker calculates and pays out winnings based on the official result of an event.
- Bet Slip
- The digital ticket or form that records a bet’s selections, odds, and stake before confirmation.
- Bonus Code
- A alphanumeric string entered during deposit or registration to unlock a specific promotion or bonus.
- Both Teams To Score
- A market where you wager on whether each side will net at least one goal during the match.
- Cash Out
- A feature allowing you to settle a bet early, either for a profit or a loss, before the event concludes.
- Correct Score
- A bet that requires predicting the exact final score of a match.
- Double Chance
- A market that lets you cover two of the three possible outcomes (win, draw, loss) in one wager.
- Draw No Bet
- A market where you pick a team to win; if the match ends in a draw, the stake is refunded.
- Free Bet
- A token or bonus bet credited to your account that can be used to place a wager without using your own funds.
- In-Play
- Bets placed after an event has started, with odds that update as the action unfolds.
- Kelly Criterion
- A mathematical formula used to determine the optimal size of a bet based on perceived edge and odds.
- KYC
- “Know Your Customer” – the process of verifying a player's identity and age to comply with regulations.
- Margin
- The bookmaker’s built‑in profit margin, expressed as a percentage, which is embedded in the odds offered.
- Odds
- The numerical expression of the likelihood of an outcome, also indicating the potential payout for a winning bet.
- Over/Under
- A market where you bet on whether a specific statistic (like total goals) will be above or below a set line.
- Rollover
- The total amount of bets that must be placed before bonus funds can be withdrawn.
- Self‑Exclusion
- A voluntary tool that lets you restrict your own account access for a defined period to curb gambling.
- Stake
- The amount of money you risk on a bet.
- Value Bet
- A wager where the odds offered are believed to be higher than the true probability of the outcome, giving an edge.
- Vig
- The commission or juice that a bookmaker charges, reflected in the odds, to ensure a profit regardless of results.
- Wagering Requirement
- The condition that bonus money must be bet a certain number of times before any winnings can be cashed out.