Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- Accumulator is another term for a parlay, especially in soccer betting, where winnings from one selection roll onto the next.
- Arbitrage
- Arbitrage is exploiting differences in odds across bookmakers to guarantee a profit regardless of the result.
- Bankroll
- Bankroll is the total amount of money set aside for placing bets.
- Bet Builder
- Bet Builder is a tool that lets you combine multiple markets from a single match into one custom wager.
- Bonus Wagering Requirement
- Bonus Wagering Requirement is the number of times you must bet a bonus amount before you can withdraw any winnings.
- Bookmaker Margin
- Bookmaker Margin is the percentage of total bets a bookmaker expects to keep as profit, reflected in the odds.
- Cash Out
- Cash Out is a feature allowing you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Closing Line
- Closing Line is the final odds offered just before an event starts; a strong closing line indicates accurate odds.
- Dutching
- Dutching is spreading your stake across multiple outcomes in the same event to ensure a profit no matter who wins.
- Fade
- Fade is betting against a popular selection or public opinion, often based on the idea that the public overvalues an outcome.
- Free Bet
- Free Bet is a promotional credit that can be used to place a bet; any winnings are usually paid out, not the stake.
- Hedge
- Hedge is placing an opposite bet to reduce risk or lock in profit after an original wager.
- Line Movement
- Line Movement is the change in betting odds or spreads over time, often driven by betting volume.
- Live Betting (In-Play)
- Live Betting (In-Play) is placing bets on a match while it is already in progress, with odds that update in real time.
- Moneyline
- Moneyline is a bet on which team will win the match, with odds shown as positive or negative numbers.
- Odds
- Odds represent the probability of an outcome and how much you can win.
- Over/Under
- Over/Under is a bet on whether the total number of goals or scores will be above or below a set number.
- Parlay
- Parlay is a single bet that links multiple selections; all must win for the bet to pay out.
- Spread (or Handicap)
- Spread, also called Handicap, is a point advantage given to the underdog to level the betting field.
- Stake
- Stake is the amount of money you risk on a particular bet.
- Steam
- Steam is rapid, heavy betting on a particular outcome that causes odds to shift quickly.
- Unit
- Unit is a standardized amount of your bankroll used to size bets, usually 1‑2% of the total.
- Value Bet
- Value Bet is a wager where the odds offered are higher than the true probability of the outcome, giving an edge.
- Vig (Juice)
- Vig (Juice) is the commission a bookmaker charges, built into the odds, reducing potential payouts.