Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Asian Handicap
- A handicap given to a team to level the match, often eliminating the draw and providing split handicaps.
- Back Bet
- Betting that a particular outcome will happen, the most common type of bet.
- Bankroll Management
- The practice of setting and sticking to a budget for betting to avoid overspending.
- Bet Builder
- A tool that allows you to combine multiple outcomes from the same match into one custom bet.
- Betting Exchange
- A platform where you bet against other punters rather than a bookmaker, often offering better odds.
- BTTS
- Short for Both Teams To Score; a bet on whether each team will score at least one goal.
- Cash Out
- A feature that lets you settle your bet before the match ends, locking in a profit or cutting a loss.
- Correct Score
- A bet predicting the exact final score of a match, such as 2‑1.
- Decimal Odds
- Odds shown as a single number that includes your stake; multiply your stake by this number to calculate total payout.
- Double Chance
- A bet covering two of the three possible outcomes (e.g., home win or draw) to increase your chance of winning.
- Draw No Bet
- A market where you pick a team to win; if the match ends in a draw, your stake is refunded.
- First Goalscorer
- A bet on which player will score the first goal in the match.
- Fractional Odds
- Odds displayed as a fraction, such as 5/1, meaning you win five units for every one unit you stake.
- Hedge
- Betting on the opposite outcome to reduce risk or guarantee a profit regardless of the result.
- In-Play Betting
- Placing a bet after the match has started, with odds that update as the game progresses.
- KYC
- Know Your Customer; a process where operators verify your identity to prevent fraud and ensure legal compliance.
- Lay Bet
- Betting that a particular outcome will not happen, typical on a betting exchange.
- Moneyline
- A bet on which team will win a match, with odds expressed as a positive or negative number.
- Odds Boost
- A promotion that increases the odds on a specific selection, giving you a higher potential payout.
- Over/Under
- A bet on whether the total number of goals scored will be higher or lower than a set number.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out.
- Responsible Gambling
- A set of policies and tools designed to help you bet safely and within your means.
- Self-Exclusion
- A tool that lets you block yourself from betting on a site for a set period.
- Stake
- The amount of money you wager on a bet.
- Unit
- A standard amount used to measure the size of a bet, often a percentage of your bankroll.