Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Accumulator
- An accumulator is the same as a parlay – a single bet linking several outcomes that all must win.
- Asian Handicap
- Asian handicap is a spread bet that removes the draw option and gives a half‑goal or quarter‑goal advantage to the underdog.
- Bankroll
- Your bankroll is the total amount of money you have set aside for betting.
- Bet builder
- A bet builder lets you combine different markets from a single match into one custom wager.
- Cash out
- Cash out lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Cashback
- Cashback returns a percentage of your lost bets as a bonus, usually after meeting conditions.
- Cover
- When a team beats the spread, they are said to cover the number.
- Edge
- An edge is a perceived advantage you believe you have over the sportsbook’s odds.
- Free bet
- A free bet is a token you can use to place a bet without using your own money.
- Futures
- A futures bet is placed on an event that will be decided later, such as who wins the World Cup.
- Handicap
- A handicap assigns a goal or point advantage to one team to level the betting odds.
- In-play betting
- In-play betting allows you to place wagers after a match has started, with odds that update live.
- Juice
- Juice, also called vig, is the commission the sportsbook keeps from each bet, built into the odds.
- KYC
- KYC is the identity verification process required by sportsbooks to prevent fraud and ensure legal compliance.
- Moneyline
- A moneyline bet is a straight wager on which team will win the match outright.
- Odds
- Odds show how likely an event is to happen and how much you can win if your bet succeeds.
- Odds boost
- An odds boost is a promotion that increases the payout odds on a specific selection.
- Over/Under
- An over/under bet predicts whether the total number of goals (or points) will be higher or lower than a set figure.
- Parlay
- A parlay combines multiple selections into one bet; every selection must win for the parlay to pay.
- Push
- A push occurs when the final result lands exactly on the spread, resulting in a refunded bet.
- Self-exclusion
- Self-exclusion is a voluntary tool that blocks your account for a set period to help you stop gambling.
- Spread
- The spread is a handicap that gives the underdog a virtual lead to make betting more even.
- Stake
- The stake is the amount of money you risk on a single bet.
- Wagering requirement
- A wagering requirement tells how many times you must bet a bonus before you can withdraw it.